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HomeMy WebLinkAbout07769ORDINANCE NO. 7769 AN ORDINANCE APPROVING AN EXTENSION AGREEMENT BETWEEN PUEBLO, A MUNICIPAL CORPORATION AND SKY CORRAL R/C CLUB RELATING TO RECREATIONAL MODEL AIRPLANE FACILITY AND AUTHORIZING THE PRESIDENT OF THE CITY COUNCIL TO EXECUTE SAME BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The Extension Agreement dated February 25, 2008 between the City of Pueblo and Sky Corral R/C Club relating to a recreational model airplane facility, 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 the City Council is authorized to execute and deliver the Extension Agreement in the name of the City and the City Clerk shall affix the seal of the City thereto and attest same. SECTION 3. This Ordinance shall become effective upon final passage and approval. INTRODUCED February 25, 2008 m Judy Weaver Councilperson AP PROVE ATTE D BY: �. � y PRESS NT'ei Cif' Council PASSED AND APPROVED: March 24, 2008 U C O 11 °, Background Paper for Proposed ORDINANCE AGENDA ITEM # V 55 DATE: FEBRUARY 25, 2008 DEPARTMENT: OFFICE OF THE CITY MANAGER DAVE GALLI, CITY MANAGER DOUG FITZGERALD, ASSISTANT CITY MANAGER THOMAS MARTINEZ, ASSISTANT CITY MANAGER FOR CONTRACT SERVICES TITLE AN ORDINANCE APPROVING AN EXTENSION AGREEMENT BETWEEN PUEBLO, A MUNICIPAL CORPORATION AND SKY CORRAL R/C CLUB RELATING TO RECREATIONAL MODEL AIRPLANE FACILITY AND AUTHORIZING THE PRESIDENT OF THE CITY COUNCIL TO EXECUTE SAME ISSUE Should the City extend the Sky Corral R/C Club Management Agreement for two years? BACKGROUND Sky Corral R/C Club (Manager) manages a portion of the Honor Farm property purchased by the City as a recreational model airplane facility under a Management Agreement. The Extension Agreement extends the term of the Management Agreement for two (2) years from February 25, 2008 to January 31,2010. Under the Management Agreement, Manager is responsible for all improvements, utilities, insurance, and liability associated with the property and its use. RECOMMENDATION Extend the Management Agreement. FINANCIAL IMPACT There is no financial impact to the City. EXTENSION AGREEMENT THIS EXTENSION AGREEMENT entered into as of February 25, 2008 between Pueblo, a Municipal Corporation ( "City ") and Sky Corral R/C Club (the "Manager"), WITNESSETH: WHEREAS, City and Manager entered into a Management Agreement dated January 1, 1996 and Renewal Agreement dated August 14, 2000 (collectively the'Management Agreement'), and WHEREAS, the Management Agreement expires December 31, 2007, and WHEREAS, the property under management by Manager previously consisted of a part of the Honor Farm which has been purchased and acquired by City, and WHEREAS, the City and Manager are desirous of extending the Management Agreement for two years to February 28, 2010. NOW, THEREFORE, in consideration of the foregoing and mutual covenants contained herein, City and Manager agree as follows: 1. The term of the Management Agreement is extended for two (2) additional years from February 25, 2008 to January 31, 2010 upon the same covenants, conditions and provisions except any right of Manager to renew or extend the Management Agreement. 2. Any references in the Management Agreement to the Lease between City and State or to approval of the State are hereby deleted. 3. The Management Agreement as amended by this extension Agreement shall remain in full force and effect and shall be binding upon and inure to the benefit of City and Manager. Manager shall not assign the Management Agreement without the prior written consent of the City. Executed at Pueblo, Colorado the day and year first above written. [S EA L] PUEBLO, A MUNICIPAL CORPORATION Attest: By: ` U9 CIRRI President of the City Council [SEAL] Attest --4 Name: - :DA0L ?.AY Title: C-T " C-L e o rf?cE SKY CORRAL R/ CLUB By Name13VIV9NV T Kr1J Title: ' V rC P - fAL 15 s N » � nt t