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HomeMy WebLinkAbout2006-087-08/15/2006-AUTHORIZING THE LEASE OF CITY-OWNED PROPERTY AT 906 EAST STUART STREET FOR UP TO TWO YEARS RESOLUTION 2006-087 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE LEASE OF CITY-OWNED PROPERTY AT 906 EAST STUART STREET FOR UP TO TWO YEARS WHEREAS, the City of Fort Collins is the owner of the property at 906 East Stuart Street, Fort Collins, Larimer County, Colorado (the "Property"), which was purchased with Community Development Block Grant("CDBG") funding; and WHEREAS, pursuant to a Request for Proposals issued by the City's Purchasing Department, Fort Collins Waldorf Education Association, Inc. ("River Song Waldorf School")has proposed to lease the Property for the purpose of early childhood programming and other associated uses; and WHEREAS, the lease of the Property by River Song Waldorf School will benefit low- to moderate-income families in Fort Collins by providing them the opportunity to engage in Waldorf education, which use of the Property is consistent with the objectives of the Community Development Block Grant; and WHEREAS, the Lease Agreement shall provide for a two-year lease term in exchange for payment of nominal rent in the amount of$5.00 per year and compliance with certain conditions and restrictions set forth therein; 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 Property at 906 East Stuart Street under the terms listed above is in the best interests of the City of Fort Collins. Section 2. That the City Manager is authorized to execute a negotiated Lease Agreement consistent with the terms of this Resolution, along with such other terms as the City Manager, in consultation with the City Attorney, determines to be in the best interests of the City. Passed and adopted at a regular meeting of the Counci f the City of Fort Collins this 15th day of August, A.D. 2006. Mayo i F,ST: mLk City Clerk