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HomeMy WebLinkAboutresolution.council.061-19 RESOLUTION # 61 (Series of 2019) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, APPROVING A TERMINATION OF MANAGEMENT AGREEMENT BETWEEN THE CITY OF ASPEN AND RED BRICK COUNCIL FOR THE ARTS D/B/A RED BRICK CENTER FOR THE ARTS AND AUTHORIZING THE CITY MANAGER TO EXECUTE SAID AGREEMENT ON BEHALF OF THE CITY OF ASPEN, COLORADO. WHEREAS, there has been submitted to the City Council a Termination of Management Agreement between the City of Aspen and Red Brick Council for the Arts d/b/a Red Brick Center for the Arts, a true and accurate copy of which is attached hereto as Exhibit "A"; 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 a Termination of Management Agreement between the City of Aspen and Red Brick Council for the Arts d/b/a Red Brick Center for the Arts, 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 of the City of Aspen on the 20t' day of May 2019. Steven Ska on, 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, May 20, 2019. Linda Manning, City Cler TERMINATION OF MANAGEMENT AGREEMENT THIS TERMINATION OF THE MANAGEMENT AGREEMENT is made and entered into as of this )-Q day of May 2019, between City of Aspen (hereinafter referred to as "City"),and the Red Brick Council for the Arts d/b/a Red Brick Center for the Arts (hereinafter referred to as "Red Brick Center"). WITNESSETH: WHEREAS, on or about November 9, 2015, the parties entered into a Management Agreement for the property owned by the City known as the Red Brick Center for the Arts; and, WHEREAS, due events occurring in 2017, the parties entered into an Amended Agreement on or about November 17, 2017, which suspended certain aspects of the Management Agreement; and, WHEREAS, the City has recently completed a transition of operation of the facility as a department within Parks and Recreation; thus, the parties agree that neither the Management Agreement nor the interim changes entered in 2017 are needed for the future manager and operation of the property and that it is in the best interest of all parties to terminate the Manager Agreement. NOW, Tl-IERFORE, in consideration of the mutual covenants contained herein, the parties agree as follows: 1. The Management Agreement dated November 9, 2015, and the Amendment to Management Agreement dated November 17, 2017, are hereby terminated in their entirety. Both parties waive any claims or causes of action either may have against the other for any matter arising out of either agreement. 2. The City Council has approved the terms of this Agreement and it shall be effective immediately upon execution of the Agreement by the parties. 3. The signatory for the Red Brick Center below acknowledges that she has authority to execute this agreement. IN WITNESS WHEREOF, the City and Red Brick Center have executed this Agreement on the day and year first above written. City of Aspen Red Brick Council for the Arts d/b/a Red Brick Center for the Arts /Icl Sara Ott, City Manager DateJ ek e Kasab ch, President Date 6/�� 9