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HomeMy WebLinkAbout1977-025-03/29/1977-APPROVING AN AGREEMENT EXTENDING A LEASE BETWEEN RONALD O. ROBERTS AS TRUSTEE FOR THE CITIES OF FORT i i I RESOLUTION 77-25 j OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING AN AGREEMENT EXTENDING A LEASE BETWEEN RONALD O. ROBERTS 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, Ronald O. Roberts has previously been the- trustee for said cities in connection with such property and although he has submitted his resignation as such trustee, he is still acting in that capacity until his successor is appointed; and WHEREAS, the present lease of said property will expire on April 1, 1977; and WHEREAS, it is desirable to extend the existing lease for one additional year in order to afford the cities time to appoint a new trustee and arrange for new leases of the Rockwell Ranch; and WHEREAS, the present lessees have agreed to continue the existing lease for an additional year on the same terms and conditions as provided for the lease which will expire on April 1, 1977; 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 year period. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City hereby approves the extension of the present lease for the Rockwell Ranch with the 'present lessees for one additional year. upon the same terms and conditions as the existing lease; 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 extension of lease for and on behalf of the City of Fort Collins. Passed and adopted at .an adjourned meeting of the City Council ,held this 29th.. day. of March, 1977. ATTEST: _ Mayor U/l City Clerk -2-