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HomeMy WebLinkAbout09742RESOLUTION NO. 9742 A RESOLUTION APPROVING AMENDMENT 2 TO A RENTAL CAR LEASE AND OPERATING AGREEMENT BETWEEN THE CITY OF PUEBLO, A MUNICIPAL CORPORATION, AND AVIS RENT A CAR SYSTEM, INC., AND AUTHORIZING THE PRESIDENT OF CITY COUNCIL TO EXECUTE SAME WHEREAS, the City of Pueblo entered a Rental Car Lease and Operating Agreement with Avis Rent A Car System, Inc. on December 27, 1999; and WHEREAS, both parties wish to amend the Lease; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: A certain Amendment 2 to the Rental Car Lease and Operating Agreement, a copy of which is attached hereto and made a part hereof by reference, after having been approved as to form by the City Attorney, by and between the City of Pueblo, a Municipal Corporation, and Avis Rent A Car System, Inc. relating to rental car operations at the Pueblo Memorial Airport is hereby approved, subject to the conditions as set forth in said Amendment. SECTION 2. The President of City Council is hereby authorized to execute said Amendment 2 to the 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 December 23, 2002 BY AI Gurule Councilperson APPROVED 1 e —President of City Council ATTEST: City CAVAL. _ _. PUEBLO MEMORIAL AIRPORT RENTAL CAR LEASE AND OPERATING AGREEMENT AMENDMENT 2 THIS AMENDMENT entered into as of this 23rd day of December , 2002 between the City of Pueblo, a Municipal Corporation (the "Lessor ") and Avis Rent A Car System, Inc. (the "Lessee "), WITNESSETH: WHEREAS, a Rental Car Lease and Operating Agreement between the Lessor and Lessee was entered into on December 27, 1999 and amended on December 26, 2001 to extend the Agreement for an additional year; and WHEREAS, Amendment 1 to the Lease and Operating Agreement is due to terminate on December 31, 2002 and both Lessor and Lessee wish to extend the lease term for an additional year; NOW, THEREFORE, in consideration of the mutual covenants contained herein, Lessor and Lessee agree as follows: 1. The Lease and Operating Agreement is hereby extended for a one year period beginning January 1, 2003 and terminating December 31. 2003 under the same terms and conditions, including the rental rate. 2. The agreement as modified and amended by the Amendment to the Lease and Operating Agreement shall remain in full force and effect. Signed in Pueblo, Colorado, the day and year first written above. [SEAL] ATTEST: LESSOR: Pueblo, a Municipal Corporation B esident of City Council APPROVED AS TO FORM: City Attorney LESSEE: Avis Rent A Car System, Inc. i PP /�