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HomeMy WebLinkAbout1990-025-03/13/1990-AGREEMENT CHARLES BISHOPP EXTENDING LEASE GREELEY JESSE GREER ROCKWELL RANCH VIRLON PARKER RESOLUTION 90-25 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 eighteen 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 of the Rockwell Ranch with the same terms and conditions as contained in the existing lease as previously extended; and BE IT FURTHER RESOLVED that the City Manager be, and he hereby is, authorized and directed to execute an agreement to extend said lease for and on behalf of the City of Fort Collins. Passed and adopted at a special meeting of the Council of the City of Fort Collins held this 13th day of March, 1990. Mayor TTEST: City Clerk