HomeMy WebLinkAbout2008-085-09/16/2008-AUTHORIZING THE LEASE OF A PORTION OF THE CITY-OWNED PROPERTY AT250 NORTH MASON STREET, FOR UP TO TW RESOLUTION 2008-085
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, FOR UP TO TWO YEARS
WHEREAS, the City is the owner of the property known as the Downtown Transit Center
("Center") located at 250 North Mason Street, Fort Collins, Larimer County, Colorado; and
WHEREAS, the Center is operating as a central, multi-modal transit facility; and
WHEREAS,the City has been leasing a portion of the Center consisting of a 190 square foot
office space, an outdoor storage locker and the use of an outdoor bus stop area(the"Premises")to
Greyhound Lines,Inc.("Greyhound")for the purpose of providing over-the-road transportation;and
WHEREAS,the City desires to continue leasing the Premises to Greyhound for a term of up
to two years, at an annual rent of at least $3,800; and
WHEREAS,under Section 23-114 of the City Code,the City Council is authorized to lease;
for a term of two years or less, any and all interests in real property owned in the name of the City,
provided that the City Council first finds, by resolution, 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 City Council hereby finds that leasing a portion of the Downtown
Transit Center under the terms listed above is in the best interests of the City of Fort Collins.
Section 2. That the City Manager is hereby authorized to execute a lease agreement for
the Premises, consistent with the terms of this Resolution, together with such additional 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, including any necessary changes to the legal
description of the Premises, as long as such changes do not materially increase the size or change
the character of the leased premises.
Passed and adopted at a regular meeting of the Co i f the City of Fort Co ins this 16th
day of September A.D. 2008.
n
Mayo
ATTEST:
City Clerk