HomeMy WebLinkAbout12357
Background Paper for Proposed
R
ESOLUTION
# M-6
AGENDA ITEM
DATE: April 9, 2012
DEPARTMENT:
DEPARTMENT OFAVIATION
MARK LOVIN, DIRECTOR
TITLE
A RESOLUTION APPROVING A RENTAL CAR LEASE AND OPERATING AGREEMENT
BETWEEN PUEBLO, A MUNICIPAL CORPORATION, AND THE HERTZ CORPORATION
AND AUTHORIZING THE PRESIDENT OF CITY COUNCIL TO EXECUTE SAME
ISSUE
Should City Council approve a Lease Agreement between the City of Pueblo and the Hertz
Corporation for Rental Car Operations at the Pueblo Memorial Airport.
RECOMMENDATION
Approval of this Resolution.
BACKGROUND
Since 2001, the City has been amending the original lease agreement which was entered into
with the Hertz Corporation in 1999. This lease will replace the original 1999 lease. The lease is
for a one-year period with an option for one additional year.
FINANCIAL IMPACT
The Hertz Corporation will pay 10% of their gross receipts per month and $10 per space per
month for ten (10) parking spaces. Their rent will be $334.84 monthly ($4,018.08 annually).
RESOLUTION NO. 12357
A RESOLUTION APPROVING A RENTAL CAR LEASE AND
OPERATING AGREEMENT BETWEEN PUEBLO, A
MUNICIPAL CORPORATION, AND THE HERTZ
CORPORATION AND AUTHORIZING THE PRESIDENT OF
CITY COUNCIL TO EXECUTE SAME
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
The Rental Car Lease and Operating Agreement, by and between the City of Pueblo, a
Municipal Corporation, and the Hertz Corporation relating to rental car operations at the Pueblo
Memorial Airport, a copy of which is attached hereto, having been approved as to form by the
City Attorney, is hereby approved.
SECTION 2.
The President of City Council is hereby authorized to execute said Lease and Operating
Agreement on behalf of Pueblo, a Municipal Corporation, and the City Clerk shall affix the Seal
of the City thereto and attest the same.
INTRODUCED: April 9, 2012
BY: Leroy Garcia
COUNCIL PERSON