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HomeMy WebLinkAbout7485RESOLUTION NO. 7 4 3 5 A RESOLUTION APPROVING AN AMENDMENT TO LEASE AND OPERATING AGREEMENT BETWEEN PUEBLO, A MUNICIPAL CORPORATION AND CROUSE ENTERPRISES, INC. RELATING TO THE RESTAURANT LOCATED IN THE TERMINAL BUILDING AT PUEBLO MEMORIAL AIRPORT BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The Amendment To Lease And Operating Agreement between Pueblo, a Municipal Corporation and Crouse Enterprises, Inc. relating to the restaurant located in the Terminal Building at 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 the City Council is authorized to execute and deliver the Agreement in the name of the City and the City Clerk is directed and authorized to affix the seal of the City thereto and attest same. 2 Councilperson (SEAL) APPROVED: r "dent of the City Council INTRODUCED October 11 , 1994 SMIUEL CORSENTINO . . AMENDMENT TO LEASE AND OPERATING AGREEMENT THIS AMENDMENT entered into as of October 11, 1994 between Pueblo, a Municipal Corporation (the "Lessor ") and Crouse Enterprises, Inc. (the "Lessee "), WITNESSETH: WHEREAS, Lessor and Lessee entered into the Pueblo Memorial Airport Lease and Operating Agreement, Restaurant dated April 11, 1994 relating to the operation of the restaurant in the Terminal Building at Pueblo Memorial Airport (the "Agreement "), and WHEREAS, Lessor and Lessee are desirous of modifying the provisions of the Agreement. NOW, THEREFORE, in consideration of the mutual covenants contained herein, Lessor and Lessee agree as follows: Section III.(G) of the Agreement is deleted in its entirety. 2. Section IV.(A) of the Agreement is amended to read as follows: Lessor shall pay for all utilities supplied to and used in the Leased Premises. 3. Section V.(A) of the Agreement is amended to read as follows: Lessee agrees to pay to Lessor, without offset or deduction, at such place as the Lessor may designate from time to time, for the use of the Leased Premises, facilities, concession rights, and privileges, monthly rent in an amount equal to five (5) percent of monthly Gross Revenues or Five Hundred Dollars ($500.00), whichever is greater, commencing with the month of August 1995 and each month thereafter during the original three (3) year term. 4. The Agreement as modified and amended by this Amendment To Lease And Operating Agreement shall remain in full force and effect. Signed in Pueblo, Colorado the day and year first above written. PUEBLO, A MUNICIPAL CORPORATION 1- - A YW4� 1 4 d " ATTEST: By Ge_�D� C %'tit *CUC1 r sident of the City Council [SEAL [SEAL] CROUSE ENTERPRISES, INC. ATTEST: By �2 0- Secretary President