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HomeMy WebLinkAbout5291RESOLUTION NO. 5291 A RESOLUTION APPROVING A LEASE MODIFICATION AGREEMENT BETWEEN PUEBLO, A MUNICIPAL COR- PORATION AND WESTBURNE SUPPLY, INC. BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, COLORADO, that: SFCTTnN 1_ The Lease Modification Agreement dated November 30, 1983 between Pueblo, a Municipal Corporation and Westburne Supply, Inc., a copy of which is attached hereto and incorporated herein, having been approved as to form by the City Attorney, is hereby approved. SECTION 2 The President of the City Council is hereby authorized and directed to execute the Agreement for and on behalf of the City and the City Clerk is directed to affix the seal of the City and attest same. INTRODUCED: December 12, 1983 B R EIMAR VON KALBEN Councilman APPROVED: ATTEST: / GV 41 i4dz L 1 4,* PresIdent of the City Council r- ). q; Ij v CijZy Clerk LEASE MODIFICATION AGREEMENT This Agreement entered into the _:3oCk day of November, 1983 between Pueblo, a Municipal Corporation (City) and Westburne Supply, Inc. (Lessee), Witnesseth: Whereas, Westburne is the lessee (successor in interest of Southwestern Supply Co.) under lease dated June 26, 1980 between Central Main Limited Partnership and Southwestern Supply Co. (Lease) for certain property in Pueblo County, Colorado, known as 180 and 175 to 191 Central Main Street, Pueblo, Colorado (Property), and Whereas, City is the owner of the Property and successor in interest of Central Main Limited Partnership to the Lease, and Whereas, City and Westburne are desirous of terminating the Lease at a time earlier than provided therein. Now, Therefore, City and Westburne agree as follows: 1. The term of the Lease shall expire at midnight on Thursday the thirty -first (31st) day of May, 1984. 2. Westburne waives and releases any right or option it may have under the Lease to renew or extend the Lease. 3. The Lease as amended and modified by paragraphs 1 and 2 hereof shall remain in full force and effect. 4. Rent at $2,000.00 per month, Beginning October 1, 1983 through May 31, 1984. Signed the day and year first above written. Attest: Pueblo, a Municipal Corporation City Clerk Approved: /�Im�tO� By City Attor President of the City Council j uppl Inc Attest: � y