HomeMy WebLinkAbout1987-041-03/17/1987-AGREEMENT CHARLES BISHOPP GREELEY JESSE C. GREER LEASE ROCKWELL RANCH VIRLON G. PARKER RESOLUTION 87-41
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE CITY MANAGER TO ENTER INTO
AN AGREEMENT EXTENDING A LEASE
BETWEEN CHARLES BISHOPP, AS TRUSTEE FOR
THE CITIES OF FORT COLLINS AND GREELEY, AND
JESSE C. GREER AND VIRLON G. PARKER
WHEREAS, the City of Fort Collins and the City of Greeley are the
owners of certain real property known as the Rockwell Ranch; and
WHEREAS, said Rockwell Ranch has been leased to Jesse C. Greer and
Virlon G. Parker for the last fifteen years; and
WHEREAS, it is desirable to extend the existing lease for an
additional one-year term, with subsequent automatic extension each year for
two additional years, and the present lessees have offered to continue the
lease arrangement for such additional term upon substantially the same
terms and conditions as contained in the original lease, as previously
extended; and
WHEREAS, in the opinion of the Council of the City of Fort Collins it
is to the best advantage of the City to extend the existing lease for an
additional one-year period with subsequent automatic extension, if desired.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the City hereby approves the extension of the present lease
for the Rockwell Ranch with the same terms and conditions as contained in
the existing lease; and
BE IT FURTHER RESOLVED that the City Manager and City Clerk be, and
they hereby are, authorized and directed to execute an agreement to extend
the lease for and on behalf of the City of Fort Collins.
Passed and adopted at a regular meeting of the Council of the City of
Fort Collins held this 17th day of March, A.D. 1987.
May?
ATTEST.
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City Clerk