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HomeMy WebLinkAbout7556RESOLUTION NO. 7556 A RESOLUTION APPROVING A LEASE EXTENSION AGREEMENT BETWEEN PUEBLO, A MUNICIPAL CORPORATION AND THE STATE OF COLORADO RELATING TO THE HONOR FARM PROPERTY, EXTENDING MANAGEMENT AGREEMENTS, AND AUTHORIZING THE PRESIDENT OF THE CITY COUNCIL TO EXECUTE SAME BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The Lease Extension Agreement dated December 15, 1994 between Pueblo, a Municipal Corporation and the State of Colorado relating to the Honor Farm Property and extending the term of the lease therefor to either December 31, 1995, or to the date a new lease for the Honor Farm Property is executed, whichever occurs first, a copy of which is attached hereto, having been approved as to form by the City Attorney, is hereby approved. The City Manager is authorized to execute the Lease Extension Agreement in the name of the City. SECTION 2. The terms of the following Management Agreements are hereby extended to either December 31, 1995 or to the date a new lease for the Honor Farm Property is executed, whichever occurs first: (a) Modified Management Agreement dated January 25, 1993 between Pueblo, a Municipal Corporation and The Greenway and Nature Center of Pueblo, Inc. (b) Management Agreement dated August 1, 1982 between Pueblo, a Municipal Corporation and Sky Corral R/C Club. (c) Management Agreement dated November 25, 1974 between Pueblo, a Municipal i Corporation and Pueblo Motorsports, Inc. (d) Management Agreement dated September 1, 1977 between Pueblo, a Municipal Corporation and Pueblo West Saddle Club. The President of the City Council is authorized to execute Extension Agreements in the name of the City so extending the term of said Management Agreements. Any new lease for the Honor Farm Property executed prior to December 31, 1995 shall contain provisions extending the terms of the Management Agreements to December 31, 1995. INTRODUCED February 13, 1995 C Councilperson ATTEST: S - % Ah� City Clerk SAMUEL CORSENTINO APPR ED: President of the City Council JACIMPARK.REOHON FARNMESOLUTI.WPD 1 LEASE EXTENSION AGREEMENT This Agreement made and entered into this 1.5th day of December 1994, by the State of Colorado, acting by and through the Department of Natural Resources, for the use and benefit of the Division of Parks and Outdoor Recreation and Board of Parks and Outdoor Recreation, whose address is 1313 Sherman Street, Room 618, Denver, Colorado 80203, hereinafter referred to as "DPOR ", and the City of Pueblo, Colorado, a municipal corporation, whose address is 1 City Hall Place, Pueblo, CO 81003, hereinafter referred to as the "City ". WHEREAS, the State of Colorado, Department of Corrections, Division of Correctional Industries entered into a lease the 26th day of June, 1974, recorded at Book 1790 Page 290, Reception Number 477946 of the Pueblo County Clerk & Recorders Office (the "Lease ") with the City for certain lands now owned by DPOR; and WHEREAS, the term of said existing Lease expired June 30, 1994, and the first Lease Extension Agreement expires December 31, 1994, and DPOR and the City are negotiating a new lease on the property; and WHEREAS, negotiations for the new lease are not expected to be completed prior to the termination date provided for under the first Lease Extension Agreement dated August 19, 1994 and the parties hereto desire to further extend the termination date for the existing Lease to allow additional time for negotiating and executing a new lease. NOW THEREFORE, the parties hereto agree as follows: 1. The termination date of the existing Lease shall be amended to be the sooner of (i) December 31, 1995, or (ii) upon the execution by the City and DPOR of a new lease on the property. .. _ 2. Any rental payments made by the City under the existing Lease covering the period beyond June 30, 1994 shall be prorated to December 31, 1995 or to the date of execution of the new lease. In the event no payments are made under the extension of the existing Lease to cover the period beyond July 1, 1994, the State may bill and the City shall pay for that period either under the new lease or as a separate billing, at the State's option. 3. The City and DPOR agree to jointly form a committee during the time period provided under the lease extension granted under Paragraph 1 above, for the purposes of determining the status of the Honor Farm property. The committee will finalize its recommendations no later than September 1, 1995. 4. All other provisions and agreements of the existing Lease remain in full force and effect in all other respects. IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the day first above written. STATE State of Colorado Roy Romer, Governor By Laurie A. Mathews, Director Division of Parks and Outdoor Recreation for James Lochhead, Executive Director of the Department of Natural Resources And on behalf of the Colorado Board of Parks and Outdoor Recreation CITY By A: _ City Manager Title EXTENSION AGREEMENT This Extension Agreement entered into as of January 1, 1995 between Pueblo, a Municipal Corporation (the "City ") and the Greenway and Nature Center of Pueblo, Inc. (the "Manager "). City and Manager agree that the term of the Modified Management Agreement dated January 25, 1993 between City and Manager with respect to the land leased by the City from the State of Colorado under lease dated June 24, 1974 is hereby extended to either December 31, 1995 or to the date a new lease for the Honor Farm Property is executed, whichever occurs first. All other provisions and covenants of the Management Agreement remain in full force and effect in all other respects. City will endeavor to include in any new lease for the Honor Farm Property executed before December 31, 1995 provisions extending the herein described management agreement to December 31, 1995. Executed as of the day and year first above written. Pueblo a Municipal Corporation By 4 President of the City Council Greenway and Nature Center of Pueblo, Inc. - , Y By T1 e EXTENSION AGREEMENT This Extension Agreement entered into as of January 1, 1995 between Pueblo, a Municipal Corporation (the "City ") and Sky Corral R/C Club (the "Manager ") City and Manager agree that the term of the Management Agreement dated August 1, 1982 between City and Manager with respect to the land leased by the City from the State of Colorado under lease dated June 24, 1974 is hereby extended to either December 31, 1995 or to the date a new lease for the Honor Farm Property is executed, whichever occurs first. All other provisions and covenants of the Management Agreement remain in full force and effect in all other respects. City will endeavor to include in any new lease for the Honor Farm Property executed before December 31, 1995 provisions extending the herein described management agreement to December 31, 1995. Executed as of the day and year first above written. Pueblo, a unicipal Corporation By President of the City Council Sky Corral R/C Club Title w EXTENSION AGREEMENT This Extension Agreement entered into as of January 1, 1995 between Pueblo, a Municipal Corporation (the "City ") and Pueblo Motorsports, Inc. (the "Manager "). City and Manager agree that the term of the Management Agreement dated November 25, 1974 between City and Manager with respect to the land leased by the City from the State of Colorado under lease dated June 24, 1974 is hereby extended to either December 31, 1995 or to the date a new lease for the Honor Farm Property is executed, whichever occurs first. All other provisions and covenants of the Management Agreement remain in full force and effect in all other respects. City will endeavor to include in any new lease for the Honor Farm Property executed before December 31, 1995 provisions extending the herein described management agreement to December 31, 1995. Executed as of the day and year first above written. Pueblo, a mcipal Corporation By resident of the City Council Pueblo Motorsports, Inc. r- By , .. t Title EXTENSION AGREEMENT This Extension Agreement entered into as of January 1, 1995 between Pueblo, a Municipal Corporation (the "City ") and Pueblo West Saddle Club (the "Manager ") City and Manager agree that the term of the Management Agreement dated September 1, 1977 between City and Manager with respect to the land leased by the City from the State of Colorado under lease dated June 24, 1974 is hereby extended to either December 31, 1995 or to the date a new lease for the Honor Farm Property is executed, whichever occurs first. All other provisions and covenants of the Management Agreement remain in full force and effect in all other respects. City will endeavor to include in any new lease for the Honor Farm Property executed before December 31, 1995 provisions extending the herein described management agreement to December 31, 1995. Executed as of the day and year first above written. Pueblo, a unicipal Corporation By resident of the City Council Pueblo West Saddle Club By Title ,( ,