HomeMy WebLinkAbout1984-078-05/15/1984-AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT EXTENDING AND MODIFYING A LEASE BETWEEN CHAR RESOLUTION 84- 78
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE CITY MANAGER TO ENTER INTO
AN AGREEMENT EXTENDING AND MODIFYING
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 twelve years; and
WHEREAS, it is desirable to extend the existing lease for an addi-
tional 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, plus provisions to
protect water rights and to accommodate future exchanges; 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 and modification of the
present lease for the Rockwell Ranch with substantially the same terms
(with rental to be increased to $1,500 per year) and conditions as con-
tained in the existing lease and with additional provisions to protect
existing water rights and to accommodate a possible future exchange of
portions of the Rockwell Ranch with the United States Forest Service; and
BE IT FURTHER RESOLVED that the City Manager and City Clerk be, and
they hereby are, authorized and directed to execute an agreement to extend
and modify the lease for and on behalf of the City of Fort Collins.
Passed and adopted at a regular meeting of the City Council held this
15th day of May, 1984.
mayor
ATTEST:
city Clerk