HomeMy WebLinkAbout2001-121-09/18/2001-AUTHORIZING THE LEASE OF A PORTION OF CITY-OWNED PROPERTY AT 250 MASON STREET, TO TEXAS, NEW MEXICO RESOLUTION 2001-121
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE LEASE OF A PORTION OF THE CITY-OWNED PROPERTY AT
250 NORTH MASON STREET, FORT COLLINS, COLORADO
TO TEXAS,NEW MEXICO & OKLAHOMA COACHES, INC. ("TNM&O")
WHEREAS, the City of Fort Collins is the owner of property known as the Downtown
Transit Center (the "Center") located at 250 North Mason Street, Fort Collins, Larimer County,
Colorado; and
WHEREAS,the Center is being constructed to be operated as a central multi-modal facility;
and
WHEREAS, the City desires to lease to Texas New Mexico & Oklahoma Coaches, Inc.
("TNM&O)a 190 square foot portion of the Center,together with one bicycle storage locker and the
use of an outdoor bus stop area (the "Premises"), for the purpose of providing over the road
transportation, at an annual rent of$3,144; 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 RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That the Council hereby finds that leasing the Premises to TNM&O under the
terms listed above is in the best interests for the City of Fort Collins.
Section 2. That the Mayor is hereby authorized to a lease agreement including such terms
and conditions as the City Manager, in consultation with the City Attorney, determines to be
necessary and appropriate to protect the interests of the City, consistent with the terms of this
Resolution.
Passed and adopted at a regular meeting of the City Council held this 18th day of September,
A.D. 2001.
.y
Mayor
ATTEST:
Vu *A.
City Clerk N `