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HomeMy WebLinkAbout1978-033-04/18/1978-APPROVING AN AGREEMENT EXTENDING A LEASE BETWEEN CHARLES BISHOP, AS TRUSTEE FOR THE CITIES OF FORT C RESOII7PICN 78-33 CF THE Com= CF THE CTPy CF FORT C OLTNS APPROVING AN AC3a22-1ENT EXTENDING A IFASE BE1FffiQ CHAMM BIS KIPP, AS TRUE= FOR THE CITIES C F FCRT Cvir.r.Txc AMID GRE=, AND JESSE C. GFUM AND VIRCM G PAR1= MMMAS, the City of Fart Collins and the City of- laveley, are the owners of certain real property known as The Rockwell Ranch: and FMtEAS, said Rockwell Ranch was leased to Jesse C. Comer and Virlen G. Parker, but the previous lease expired on April 1, 1978; and Fff�AS, it is hirable to extend the existing lease for an additional sae-year term, and the present lessees have offered to continue the lease arrangement for such additional tern under the same terns and o01-Altzons as provided in the original lease; and MME S, 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. NOW, THEREFORE, BE IT RESMVED BY THE CQRaCIL CF THE cny CF FCRT COLLINS that the City hereby approves the extension of the present lease for the Rockwell Ranch with the present lessees in accordance with the terns of extension presented to Council with the same terns and conditions as the existing lease but with provisions to protect existing ditch and water rights of the Ibcawell Ranch and to accamcdate a possible future exchange of porta=m of the Rockwell Ranch with the Muted States Forest Service; and BE IT FLUIM RESMVED that the Mayor and City Clerk be and they hereby are authorized and directed to execute a consent to such an extenr sun of the lease for and on behalf of the City of Fort Collins. Passed and adapted at a regular me of the City Council held with 18th day of April, 1978. ATTEST: Y,Vm M�I\ �iCA�. ff0� D `ty City Clerk