HomeMy WebLinkAbout129 - 09/04/2001 - AUTHORIZING AN AMENDMENT TO THE LONG-TERM LEASE OF PROPERTY AT THE FORT COLLINS-LOVELAND AIRPORT TO ORDINANCE NO. 129, 2001
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING AN AMENDMENT TO THE LONG-TERM LEASE OF
PROPERTY AT THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT
WITH COLE SMITH, DBA SIGNAL CONSTRUCTION,
FOR THE CONSTRUCTION OF AIRCRAFT HANGARS
WHEREAS,the City Council adopted Ordinance No. 56, 2001, authorizing the long-term
lease of property at the Fort Collins-Loveland Municipal Airport to Cole Smith, DBA Signal
Construction, for the construction of two aircraft hangars; and
WHEREAS,on May 1,2001,the Cities of Fort Collins and Loveland entered into the Lease
Agreement with Cole Smith as authorized by said Ordinance; and
WHEREAS, it has been discovered by the parties that the legal description of the Leased
Premises as described in Exhibit"A" of said Lease Agreement is in error based upon an incorrect
legal description provided by a surveyor; and
WHEREAS,the parties to the said Lease Agreement desire to correct the legal description
of the Leased Premises by amending said Lease Agreement with a corrected Exhibit"A".
NOW,THEREFORE,BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS, COLORADO that the Mayor is hereby authorized to enter into an amendment to the
above-described Lease Agreement between the Cities of Fort Collins and Loveland, Colorado and
Cole Smith, dba Signal Construction, dated May 1, 2001, in order to correct the legal descriptions
of the Leased Premises so as to read as shown on Exhibit "A", the text of which amendment is on
file with the City Clerk of the City of Fort Collins, Colorado.
Introduced and considered favorably on first reading and ordered published this 21 st day of
August, A.D. 2001, and to be presented for final passage on the 4th okay of September, A.D. 2001.
Mayor �
ATTEST:
4w.4L
City Clerk
Passed and adopted on final reading this 4th day of SeptemberA.D. 2001.
0 MMWW-:
Mayor
ATTEST:
City Clerk
EXHIBIT "A"
AMENDMENT #1 TO LEASE AGREEMENT
This Amendment #1 is made and entered into this _ day of September, 2001, by and
between the City of Loveland, Colorado, a municipal corporation, and the City of Fort Collins,
Colorado, a municipal corporation, hereinafter called "Cities," and Cole Smith, dba Signal
Construction, hereinafter called "Lessee."
WHEREAS, the Cities and the Lessee have entered into a lease agreement (hereinafter
referred to as the "Lease Agreement")dated May 1,2001 for the lease of two parcels of land at the
Fort Collins-Loveland Municipal Airport (hereinafter referred to as the "Leased Premises"); and
WHEREAS, the parties have discovered an error in the legal description of the Leased
Premises as described in Exhibit A of the Lease Agreement which they desire to correct;
NOW, THEREFORE, in consideration of the premises and of the rents, covenants and
conditions herein contained and set forth in the Lease Agreement,the parties do hereby agree to the
following:
1. The description and designation of the Leased Premises set forth at Exhibit A of the Lease
Agreement is hereby amended to be as set forth in the attached Exhibit A which is incorporated
herein by this reference.
2. All other terms and conditions of the Lease Agreement shall remain in full force and effect.
IN WITNESS WHEREOF,the parties hereto have executed this Amendment on the day and
year first above written.
CITY OF LOVELAND, COLORADO CITY OF FORT COLLINS, COLORADO
Mayor Mayor
ATTEST: ATTEST:
Loveland City Clerk Fort Collins City Clerk
APPROVED AS TO FORM: APPROVED AS TO FORM:
Loveland Assistant City Attorney Fort Collins Assistant City Attorney
LESSEE:
Cole Smith, dba Signal Construction
EXHIBIT A, page 1 of 4, Amendment #1 to Smith Lease
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