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HomeMy WebLinkAbout1981-036-03/17/1981-APPROVING AN AGREEMENT EXTENDING AND MODIFYING A LEASE BETWEEN CHARLES BISHOPP, AS TRUSTEE FOR THE C RESOLUTION 81-36 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING 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 PARhER 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 is leased to Jesse C Greer and Virlon G Parker for a term expiring on April 1, 1981, and WHEREAS, it is desirable to extend the existing lease for an addition- al 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 the same terms and condi- tions 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 the sane terms and conditions as contained in the existing lease with 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 Mayor and City Clerk be, and they hereby are, authorized and directed to execute a consent to such an exten- sion and modification of the lease for and on behalf of the City of Fort Collins n Passed and adopted at a regular meeting of the Chty council held this 17th day of March, 1981 J Mayor ATTEST 7JV Ciity Clerk