HomeMy WebLinkAbout1985-031-02/19/1985-AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT TO LEASE THE OLD POWER PLANT TO THE POUDRE R RESOLUTION 85- 31
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE CITY MANAGER TO ENTER INTO
AN AGREEMENT TO LEASE THE OLD POWER PLANT TO
THE POUDRE RIVER TRUST
WHEREAS, the Council of the City of Fort Collins has authorized the
Poudre River trust to work toward the improvement of the Poudre River area ;
and
WHEREAS, the Poudre River Trust has determined that the use of the old
City Power plant as a visual arts center is their priority project ;
and
WHEREAS, to facilitate the use of the Power Plant as a visual arts
center the Poudre River Trust wishes to temporarily lease the power plant
from the city for uses beneficial to the Trust and to the City; and
WHEREAS, the City Council has determined that use of the Power Plant
by the Trust is in the public interest and will be a benefit to the com-
munity.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the city manager is hereby authorized to enter into a lease
with the Poudre River Trust to allow them to use and to sublease the Power
Plant for office space and other uses as they determine to be in the best
interests of the community. The lease provisions will include:
1. The term of said lease will be for not more than 18 months.
2. The City will receive a nominal lease payment of $1 and the Trust
will be responsible for a proportionate share of the utility costs for
the Power Plant.
Passed and adopted at a regular meeting of the City Council held this
19th day of February, A.D. 1985.
Mayor c
ATTEST::
City Clerk QN