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HomeMy WebLinkAboutresolution.council.140-18 RESOLUTION #140 (Series of 2018) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, APPROVING THE AMENDMENT TO LEASE AGREEMENT BETWEEN THE CITY OF ASPEN AND ASPEN JUNIOR HOCKEY AND SKATING FOUNDATION, INC., A COLORADO NONPROFIT CORPORATION AND AUTHORIZING THE CITY MANAGER TO EXECUTE SAID AMENDMENT ON BEHALF OF THE CITY OF ASPEN, COLORADO. WHEREAS, Aspen Junior Hockey wishes relinquishing its rights to the certain space within the Aspen Recreation Center, known as the Exhibit B space, previously rented pursuant to a lease agreement with the City; and WHEREAS, the City is willing to take back the operation, management, upkeep of the Exhibit B space for the purpose of providing the amenity to the community as a whole; and WHEREAS, the amendment to the lease relinquishing the Exhibit B space is attached hereto. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, That the City Council of the City of Aspen hereby approves that Amendment to Lease Agreement, a copy of which is annexed hereto and incorporated herein and does hereby authorize the City Manager to execute said agreement on behalf of the City of Aspen. INTRODUCED, READ AND ADOPTED by the City Council o the City of Aspen on the 22nd day of October 2018. Steven Skadr n, Mayor I, Linda Manning, duly appointed and acting City Clerk do certify that the foregoing is a true and accurate copy of that resolution adopted by the City Council of the City of Aspen, Colorado, at a meeting held October 22, 2018. V6 C Qd& Linda Manning, City Cl rk AMENDMENT TO LEASE AGREEMENT THIS AMENDMENT TO LEASE AGREEMENT dated this_day of October 2018 amends the Lease Agreement August 25, 2014,by and between the CITY OF ASPEN, Colorado, a home rule municipal corporation(Hereinafter referred to as the "City" or"Lessor", and ASPEN JUNIOR HOCKEY AND SKATING FOUNDATION, INC., a Colorado nonprofit corporation, (hereafter referred to as the"AJH"or"Lessee"), as follows: WHEREAS,pursuant to the lease agreement dated August 25, 2014 ("Lease Agreement"), AJH leased from the City two separate areas with the Lewis Ice Arena; and WHEREAS, AJH wishes to relinquish its rights to the area described in Exhibit B of the Lease Agreement; and WHEREAS,the City wishes to accept the return of the space set forth in Exhibit B of the Lease Agreement for the management, operation, and repair of the space for the purpose of providing an amenity to the entire community. WHEREAS, AJH teams will still have the ability to utilize this space through separate requests to the Recreation Department. NOW THEREFORE, in consideration of the mutual covenants contained herein,the parties agree as follows: 1. The area leased to AJH pursuant to paragraph 2 of the Lease Agreement is hereby amended by deleting from the demised premises the area described in Exhibit B, attached thereto. 2. Rent set forth in paragraph 5 of the lease is hereby amended so that the total rent paid by AJH will be $5000 per year for the Exhibit A space. Rent shall be paid in equal monthly installments of$416.66 per month commencing on the 1St day of November 2018, and continuing thereafter on the first of each month through the end of the term. 3. Any and all improvements to the area described in Exhibit B by AJH shall become the property of the City of Aspen. 4. The parties release,waive and hold each other harmless from any and all claims or causes of action regarding the lease of the area described in Exhibit B that arose or could have arisen prior to this amendment. City acknowledges that all rent has been paid in full. 5. Except as amended herein, all other terms of the Lease Agreement shall remain in full force and effect. IN WITNESS WHEREOF, each party to this agreement has caused it to be executed on the date indicated hereinabove. AJH: CITY ASPEN, COLORAD By: By: Title: �Cifc! yy7 416 Ae6c 7n(Z Title:—C.'•�y /'t.e..•vs,-