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HomeMy WebLinkAbout081 - 06/04/2002 - AUTHORIZING THE LEASE OF 425 10TH STREET, TO POUDRE LANDMARKS FOUNDATION ORDINANCE NO. 081, 2002 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE LEASE OF 425 1OTH STREET, FORT COLLINS, COLORADO TO POUDRE LANDMARKS FOUNDATION WHEREAS, concurrent with this Ordinance, the Council has considered and adopted Ordinance No. 080, 2002, authorizing the acceptance of the donation of 425 loth Street, in Fort Collins (the "Romero House"), and appropriating that donation; and WHEREAS, the Romero House was designated as a local landmark in August 2001, in the Andersonville neighborhood of Fort Collins; and . WHEREAS, City staff, working with a citizen group known as' Amigos de la Casa Romero/Friends of the Romero House (the "Amigos"), and the Poudre Landmarks Foundation (the "Foundation"), have developed a general plan pursuant to which the Romero House would be developed into the only museum in the North Front Range dedicated to recognizing and remembering the contributions of Hispanics, Latinos, and Mexicans in Northern Colorado (collectively"Hispanic Coloradans"); and WHEREAS, the Foundation has agreed to lease the Romero House from the City upon completion of the donation, and to work with the Amigos to raise funds and carry out the development of the above-described museum, and then to manage and operate it as a living history museum available to the public, as well as using the Romero House as a neighborhood resource center and site for cultural events that represent the culture and history of Hispanic Coloradans; and WHEREAS, City staff has worked with the Foundation to negotiate a proposed fifteen- year lease agreement providing for the Foundation to proceed with and carry out the development and operation of the Romero House as described herein, at a nominal lease rate of one dollar per year, a copy of which lease agreement is on file in the Office of the City Clerk and available for public inspection (the "Lease Agreement"); and WHEREAS, the City has worked successfully with the Foundation on the historic restoration and renovation of both the Avery House and City Water Works Building projects, and currently leases those properties to the Foundation under terms generally consistent with those in the Lease Agreement; and WHEREAS, the proposed lease to the Foundation of the Romero House as provided hereunder would advance the preservation of an historic resource of significance to Fort Collins, would safeguard this remnant of the City's historical past against vandalism, neglect, and inappropriate redevelopment, and would enhance the quality of life in Fort Collins by the preservation of this historic resource and the inclusion of heritage of Hispanic Coloradans in the daily life and development of the City and the community; and WHEREAS, because of the public policy objectives to be served through the lease of the Romero House and the responsibilities assigned to and accepted by the Foundation in the Lease Agreement for developing and operating the Romero House as described herein, City staff has recommended that nominal rent in the amount of one dollar per year is an appropriate and reasonable compensation amount for the Romero House, as set forth in the Lease Agreement; and WHEREAS, under Section 23-114 of the Code of the City of Fort Collins, the Council is authorized to lease any and all interests in real property owned in the name of the City, provided that Council first finds that the lease is in the best interests of the City. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the lease by the City of 425 10th Street to the Foundation, pursuant to the terms and conditions set forth herein and in the Lease Agreement, is in the best interests of the City of Fort Collins. Section 2. That the Mayor is hereby authorized to enter into the Lease Agreement leasing 425 loth Street in Fort Collins to the Foundation for an original term of fifteen years, at a lease rate of ONE DOLLAR ($1.00) per year, together with such other related provisions determined necessary to protect the interest of the City by the City Manager, in consultation with the City Attorney. Introduced, considered favorably on first reading, and ordered published this 21 st day of May, A.D. 2002, and to be presented for final passage on the 4th day of June, A.D. 2002. y Mayor . ATTEST: Z,I/x 11-11ea City Clerk ������ A`�X--' A�jj- Passed and adopted on final reading this 4th day of June, A.D. 2002. Mayor ATTEST: 4n...�.' *&I A City Clerk