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RESOLUTION NO. 7270
• RESOLUTION APPROVING LEASE ADDENDUM #1 BETWEEN PUEBLO,
• MUNICIPAL CORPORATION, AND THE HERTZ CORPORATION AND
AUTHORIZING THE PRESIDENT OF THE CITY COUNCIL TO EXECUTE
SAME
Be it resolved by the City Council of Pueblo, Colorado, that:
The Lease Addendum dated December 13th, 1993 between the City of Pueblo, a
Municipal Corporation, and The Hertz Corporation relating to the rental of counter
space at the Pueblo Memorial Airport, a copy of which is attached hereto, having been
approved by the City Attorney as to form, is hereby approved.
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The President of the City Council is hereby authorized to execute the Lease Addendum
in the name of the City and the City Clerk is directed to affix the seal of the City
thereto and attest same.
ATTEST:
Cit Clerk I
INTRODUCED December 13, 1993
By JOYCE LAWRENCE
Councilperson
APPROVED:
6
Presid nt of City Council
LEASE ADDENDUM #1
THIS LEASE ADDENDUM entered into the l day of December, 1993, between the City of Pueblo,
a Municipal Corporation (the "Lessor ") and The Hertz Corporation (the Lessee "), WITNESSETH:
WHEREAS, Lessor and Lessee entered into a Lease Agreement for the business of renting
cars dated January 1, 1991 (the "Lease ") and
WHEREAS, Lessee desires to renew the Lease for an additional term as provided in the
Special Conditions of the Lease;
NOW , THEREFORE, as provided by the Special Conditions paragraph of the Lease, the Lessor and
Lessee agree as follows:
1. The Lease shall be renewed for an additional term commencing January 1, 1994,
and terminating December 31, 1996.
2. Effective January 1, 1994, the annual rental shall be $800 payable in monthly
installments of $66.67 in advance on or before the tenth day of each calendar month during said
term, at the office of the Lessor's Finance Department, City Hall, Pueblo, Colorado. Said rent is
based at the rate of $10 per square foot per year for floor space.
3. Except as amended by this Lease Addendum, all of the remaining terms and
conditions of the Lease shall remain in effect, provided however, that no further right to renew
shall exist under the Special Conditions of the Lease.
Signed at Pueblo, Colorado the day and year first above written.
LESSEE
THE HERTZ CORPORATION
B
J n E. Blake
enior Vice President,
Properties & Facilities
LESSOR
PUEBLO, A MUNICIPAL CORPORATION
APPROVED AS TO FORM:
City Attorne