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HomeMy WebLinkAboutresolution.council.086-02 RESOLUTION NO. ~ (SERIES OF 2002) A RESOLUTION OF THE CITY COUNCiL OF ASPEN, COLORADO, APPROVING A LEASE AGREEMENT BETWEEN THE CITY OF ASPEN AND CINDY TRAVIS AND JENNIFER HOFF D/B/A CREATrVEDECOUR, AND AUTHORIZING THE CITY MANAGER TO EXECUTE SAID LEASE AGREEMENT ON BEHALF OF THE CITY OF ASPEN. WHEREAS, there has been submitted to the City Councll a Lease Agreement between the City of Aspen, Colorado and Cindy Travis and Jennifer Hoff d/b/a CREATIVEDECOUR, a copy of which is armexed hereto and part thereof. NOW, THEREFORE, BE IT ~SOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO. Section One That the City Council of thc City of Aspan hereby approves that a Lease Agreement between the City of Aspan, Colorado, and Cindy Travis and Jennifer Hoffd/b/a CREATIVEDECOUR, regarding retail space in the Wheeler Opera House, 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. Dated: __~, 2002. I, Kathryn Koch, duly appointed and acting City Clerk do certify that the foregoing is a true and accurate copy of t~at resolution adopted by the City Council of the City of Aspen, Colorado, at a meeting held e.~~.&t~ .,~?~ , 2002. LE4S[ THIS LEASE, made and entered into as of June 1, 2002, between the City of Aspen, Aspen, Colorado (City), as Landlord, and Cindy Travis and Jennifer Hoff d/b/a CREATIVEDECOUR as Tenant (Tenant). In consideration of the mutual covenants contained herein, the parties agree as fo/lows: 1. Description of Premises. City leases to Tenant that space in the Wheeler Opera House, 213 S. Mill Street, Aspen, Colorado, herein called the "Building" and substantially shown on Exhibit "A" attached hereto, consisting of approximately 1,025 square feet of floor space, herein called the "Premises". 2. Term. This Lease shall be for a term commencing as of October 1, 2002, and ending on April 30, 2004. 3. Rent. Tenant shall pay City rent during the term of this Lease the sum of $3,500.00 per month for the months of October and November, 2002, and $5,000.00 per month for all months beginning in December, 2002, payable no later than the first of each month. An additional 5% of gross sales is payable no later than the l0th Of the month for the preceding month. 4. Use of Premises. Tenant shall use and occupy the PremiSes for retail space. Tenant shall comply with the roles, regulations and ordinances of any governmental authority having jurisdiction in the premises or the business connected thereon. Tenant shall not keep, use, or sell anything prohibited by any policy of tim insurance covering the Premises and shall comply with all requirements of the insurers applicable to the Premises necessary to keep in force fire and liability insurance. 5. Delivery and Acceptance of Premises. Acceptance of the Premises by Tenant shall be construed as recognition that the Premises are in a good state of repair and in sanitary condition. 6. Maintenance and Repairs. Tenant shall, at Tenant's own expense, maintain the interior of the Premises in good condition and repair in accordance with good housekeeping practices. City shall, at its own expense, maintain the roof, structural members and the exterior of the Building (including the windows and sidewalks), in good condition and repair in accordance with good housekeeping practices. City shall reimburse Tenant for the expense of any repairs which Tenant may be required to make which are occasioned by the acts or neglects of City, its agents, employees, invitees or licensees; and Tenant shall reimburse City for the expense of any repairs which City may be required to make which are occasioned by the acts or neglects of Tenant, its agents, employees, invitees or licensees. Tenant hereby acknowledges that the building is a historically designated structure is required to comply with certain regulations that apply to such structures in the City of Aspen. 7. Utilities and Taxes. Tenant shall, at its own expense, provide all utilities used by Tenant upon the Premises, including water, electricity, (all of which shall be separately metered), telephone and garbage collection. Tenant shall be responsible for paying any real estate, personal property, or leasehold interest property taxes. 8. Tenant's Personal Property. All personal property and trade fixtures placed upon the Premises by Tenant shall be at Tenant's sole risk and City shall not be liable for damage to or loss of such personal property or trade fixtures ar/sing from the acts or neglects of any persons or from any losses whatsoever; except from the willful or wanton acts of City, its agents or employees. The parties here!o recognize that Tenant intends to display for retail sales items that may be delicate and/or expensive. City shall not be responsible for any loss of such property except for the willful or wanton acts of the City, its agents or employees. Tenant further agrees that the City's insurance cartier shall not be responsible for any loss or damage to such personal property. 9. Public Liability Insurance, Tenant shall save City harmless from any liability for injury to any person or damage to property on or about the Premises from any cause whatsoever, and shall procure, at Tenant's own expense, public liability coverage for the benefit of Tenant and City (naming the City as co-insured) with limits of not less than those specified by Section 24-10-114, C.R.S. 1973, as it may be amended from time to time and in such amounts as may be agreed upon by City. As a condition of occupancy, Tenants shall maintain such coverage in full force and effect during the term of the Lease and shall furnish the City with a copy of such coverage or a certificate evidencing such coverage prior to. and as a condition of, occupancy. All insurance policies maintained pursuant to this paragraph shall contmn the following endorsement: "It is hereby understood and agreed that this insurance policy may not be canceled by the surety nor the intention not to renew be stated by surety until thirty (30) days after receipt by the City, by registered mail. of a written notice of such intention to cancel or not to renew." 10. Destruction of the Premises. If the Premises shall be rendered untenantable by fire or other casualty, City shall restore and repair the same to tenantable condition as speedily as possible and the rent shall be abated in whole or m part, according to the portion of the Premises rendered untenantable during the period of such restoration and repair: except that there shall be no such abatement in rent if such fire or other casualty was caused by the acts or neglects of Tenant, its agents, employees. ~nvitees. or licensees, In the event of such fire or other casualty, City shall, in its sole judgment, reasonably exercised, determine the length of time required to restore and repair the Premises to tenantable condition, and notify Tenant of such determination within ten (10) days after the occurrence of such fire or other casualty. If it is determined that the Premises cannot be restored to tenantable condition within ninety (90) days, then either City or Tenant may terminate this Lease by giving written notice of termination to the other within ten (10) days after City shall have notified the Tenant of the time required for such restoration. In the event the Building shall be so damaged by fire or other casualty that demolition or substantial reconstruction is required {whether or not the Premises be affected) then City may terminate this Lease by giving Tenant written notice of such termination within thirty (30) days after the date of such damage; provided, however that if the City, within one year of the date of such fire or casualty reconstructs the building substantially the san~e as exists at the commencement of this Lease, Tenant shall have the opportunity to renew its occupancy of the Premises under the terms of this Lease, the same as if the fire or casualty had not occurred. 11. Assignment and Subletting. Tenant shall not assign the Lease or sublet the Premises or any part thereof without the prior written consent of City, which consent shall not be unreasonably withheld. 12. Signs and Advertising. Tenant shall not place any signs or advertising upon the Premises or upon the Building, except of such design and structure as may be permitted by City. Any sign or advertising permitted by City shall at all times comply with all applicable ordinances, rules and regulations, including City sign and lighting regulations. 13. Default by Tenant. The occurrence of any of the following shall constitute an event of default by Tenant: (a) Delinquency by the Tenant in payment of any rent under this Lease for a period often (10) days from the date such rent became due and payable. (b) Delinquency by the Tenant in the performance of or compliance with any of the other obligations of Tenant contained in this Lease, for a period of twenty (20) days after written notice thereof from the City to Tenant. (c) Filing by or against the Tenant in any court pursuant to any statute either of the United States or of any state, of a petition or bankruptcy or insolvency, or for reorganization, or for the appoinlment of a receiver or trustee, or all or a portion of the Tenant's property, if within ninety (90) days after the commencement of any such proceedings involving the Tenant such petition shall not have been dismissed. In the event of default in non-payment of rent as provided in subparagraph 13 (a) above, this Lease shall automatically terminate on the date specified in the City's three (3) day notice for payment of rent or surrender of possession of the premises under Section 13-40-104(d) (1973 C.R.S.), if Tenant fails to pay such renu as demanded in said notice. To avoid potential forfeiture on account of clerical error or oversight, Tenant shall have the right to require the City to deliver any such notice to the President of a banking institution in Aspen. Colorado. or to another responsible person in Aspen. Colorado. to permit Tenant to arrange for payment of such rent within said three (3) day period. Notice of the identity and address of such bank or person shall be specified in writing by Tenant from time to time. In the event of a default by Tenant as provided in subparagraphs 13(b) and 13(c) above, this Lease shall automatically terminate on the date specified in City's three (3) day notice thereof under Section 13-40-104(e) (1973 C.R.S.). Upon the premature termination pursuant to this Section 13, the Tenant shall peacefully surrender the Leased Premises to the City, and the City upon or at any time after any such expiration, may, without further notice, re-enter the Leased Premises and repossess it by reasonable force, summary proceedings, ejectment or otherwise, and may dispossess the Tenant and remove the Tenant and all other persons and property from the Leased Premises, and may have, hold and enjoy the Leased Premises and the right to receive all rental income therefrom. At any such time after such premature termination, the City may relet the Leased Premises or any part thereof, in the name of the City or otherwise for such term (which may be greater or less than the period which would otherwise have constituted the balance of the term of this Lease) and on such conditions as the City, in the City's uncontrolled discretion, may determine, and may collect and receive the rents therefor. The City shall in no way be responsible or liable for any failure to collect any rent due upon such re-letting, No such premature termination of this Lease shall relieve the Tenant from its responsibility for the payment of rent for the full term set forth in ParagraPh 2 above and Tenant's liability and obligations shall survive any such expiration. In the event of any such premature termination, the Tenant shall pay to the City the rent required to be paid by the Tenant up to the time of such premature termination, and thereafter the Tenant, until the end of what would have been the term of this Lease in the absence of such premature termination, shall be liable to the City for, and shall pay to the City as and for liquidated and agreed damages for the Tenant's default: (a)The equivalent of the amount of the rent which would be payable under this Lease by the Tenant if the Lease were still in effect, less (b) The net proceeds of any re-letting effected pursuant to the provisions of this Paragraph 13, after deducting all of the Landlord's expenses in connection with such re-letting, including, withOut limitation, all repossession costs, brokerage commission, legal expenses, attorneys' fees, costs and expenses of preparation for such re-letting. The rights, powers and remedies of the City under this lease shall be cumulative and in addition to any other rights given to City by law. The exercise of any right, power or remedy shall not impair City's rights to other remedies. 14. Default by City. Should City default in the performance of any covenant required to be performed by City hereunder, Tenant may serve upon City a notice specifying the default and requiring performance by City within a period of time set forth in the notice, which shall not be less than fifteen (15) nor more than forty-five (45) days. In the event City shall not have remedied the default within the time set forth in the notice, or, if the nature of the default so requires, shall not have commenced to remedy the same, Tenant may serve upon the City another written notice terminating this lease. 15. Surrender of Premises. Upon the termination of this Lease, by expiration of its terms or otherwise, Tenant shall surrender the Premises to City in good order and condition, ordinary wear and damage by the elements ?xcepted; and Tenant shall remove all of its property and shall repair any damage to the Premises caused by such removal. Any personal property of Tenant, or anyone claiming under Tenant, which shall remain upon the Premises after termination of the Lease shall be deemed to have been abandoned and may be retained by City as its property or disposed of in such manner as City sees fit. 16. Landlord's Lien. In the event of default by Tenant in the performance of its obligations under this Lease, City, as Landlord, shall have as security for the payment of rent or any other sums due hereunder, a lien on all personal property of Tenant situated upon the Premises. 17. Access to Premises. City shall be entitled to enter upon the Premises at all reasonable hours for the purpose of inspecting the same, preventing waste or loss, or enforcing any of City's rights hereunder. City may further enter upon the Premises for the purpose of showing the same to prospective tenants at any time during the last six months of any term of this Lease, during any month-to-month extension thereof. 18. Security Deposit. As part of the first rental amount due, Tenant shall pay $3,500.00 as and for a security deposit. Interest shall not be paid on the amount of security. In the event Tenant is in default of its obligations under the terms of this Lease, City may, at its option, use the security amount to ensure the faithful performance by Tenant of all terms of this Lease. In the event required, Tenant may not use or apply any portion of the deposit in lieu of rent, and said deposit shall be retained by City until the termination of this Lease, at which time the deposit will either be returned to Tenant or retained in whOle or in part by City in accordance with the provisions of Section 38-12~101~ et seq., C.R.Si 1973. city may, at its election, have recourse to such security deposit to make good any default by Tenant, in which event Tenant shall, on demand, promptly restore said security'deposit to its original amount. Liability to repay the security deposit to Tenant shall run with the reversion and title to the Premises and City shall assign the security deposit, for the benefit of Tenant, to any subsequent owner or holder of the reversion or title to the Premises, in which case the assignee shall become liable for the repayment thereof, and City shall be deemed to be released by Tenant from all liability in connection therewith. 19. Alterations, Additions and Improvements. Prior to the commencement of any work on alterations, additions and improvements, all plans and specifications shall be submitted by Tenant to City for prior written approval. Additionally, prior to commencement of any work, Tenant shall pay the amount of any increase in premiums on insurance policies because of endorsements to be made covering such risk during the course of work. If the estimated cost of the work shall exceed $1,000, Tenant shall, upon request of the City Manager, without cost to City, furnish City with a performance bond naming the City and Tenant as co-insureds, written by a surety acceptable to City in an amount equal to the estimated cost of the work, guaranteeing the completion of work. free and clear of liens, encumbrances, and security interests according to the approved plans and specifications. All alterations, additions and improvements on or m the Premises at the commencement of this Lease and that may be erected or installed during the term of this Lease shall become part of the Premises and the sole property of City, except that all movable trade fixtures installed by Tenant shall be and remain the property of Tenant. 20. Waste and Nuisance Prohibited. Tenant shall not commit, or suffer to be committed, any waste on the Premises or any nuisance. 21. Holding Over. No holding over in continuation of any business by Tenant after the expiration of the term hereof shall be considered to be a renewal or extension of this Lease, unless written approval of such holding over and a definite agreement to such effect is signed by City defining the length of such additional term. Any holding over without the consent of City shall be considered to be a day-to-day tenancy, rental rate to be determined by pro-rating the annual rent for the year immediately preceding the termination of this Lease on a daily basis. 22, Transfer or Pledge of Leasehold Interest. Tenant shall not assign this Lease or any interest therein or sublet the Premises or any part thereof or license the use of all or any portion of the Premises or business conducted thereon or therein, or encumber or hypothecate this Lease, without first obtaining the written consent of City; and any assignment, subletting, licensing, encumbering or hypothecating of this Lease without such prior written consent shall, at option of City, terminate this Lease. 23. Partnership or Agency. This Lease is not intended to create any relationship between Tenant and City other than as Landlord/Tenant, and Tenant is neither the agent, partner, employee nor joint venturer of or with City. 24. Additional Rent. All taxes, charges, costs and expenses that Tenant assumes or agrees to pay under this Lease, together with all interest and penalties that may accrue thereon in the event of failure of Tenant to pay those items, and all other damages, costs, expenses, and sums that City may suffer or incur, or that may become due, by reason of any default of Tenant or failure of Tenant to comply with the terms and conditions of this Lease shall be deemed to be additional rent, and, in the event of non-payment, City shall have all the rights and remedies as herein provided for failure to pay rent. 25. Minimum Hours. Tenant shall be fully stocked and staffed and open for business on the leased Premises continuously Monday through Sunday, inclusive, according to the minimum hours established in the following schedule: MINIMUM HOURS December 16 - December 30 10:00 a.m. - 6:00 p.m. December 31 - March 31 10:00 a.m. - 6:00 p.m. or curtain time for scheduled performances at the Wheeler Theater, whichever is earlier April 1 - June 14 12:00 noon - 5:00 p.m. (Subject to Tenant's option to close the Premises) June 15 - August 31 10:00 a.m. - 6:00 p.m. or curtain time for scheduled performances at the Wheeler Theater, whichever is earlier September 1 - December 15 12:00 noon - 5:00 p.m. (Subject to Tenant's option to close the Premises) Tenant shall have the option to close the Premises for any purpose for twenty one (21) days between April 1 ~ June 14 and for an additional twenty one (21) days between September 1 - November 30. At al/ times during which the Premises are closed for business, Tenant shall keep Premises lighted in a manner acceptable to the City, consistent with the City's lighting regulations, so as to give the exterior of the Premises the appearance of liveliness and invitation. 26. Git¥. The term "City" as used herein encompasses, without limitation, those officers, employees and designees of the City having responsibility (as may be detem~ined by the City Council or the City Manager) for the administration of this Lease: 27. Notice. All notices required hereunder shall be in writing and shall be deemed to have been given if either delivered personally or mailed by certified or registered mail to City or to Tenant, as the case may be, at their respective addresses as follows, or to such other address as either party may so notify the other of in writing: City: Tenant: City Manager C~ ~~' 1~o ff City of Aspen 130 South Galena Street Aspen, Colorado 81611 ~ ,~ fv~J~, ~'~'~ 28. Quiet Enjoyment. City covenants that u Tenant's paying the rent and in performing and observing all the terms and conditions on Tenant's part to be performed and observed, Tenant may peacefully and quietly enjoy the Premises. 29. Binding Effect. The Lease shall be binding upon and shall inure to the benefit of the City and Tenant and their respective heirs, personal representatives, successors and assigns. 30. Modifications. This Lease may be modified only by written agreement executed by the parties hereto. 31. Descriptive Headings. Descriptive headings contained herein are inserted for convenience and reference only and shall not in any way limit or amplify the terms and provisions contained herein. 32. Applicable Law, Venue, and Attorneys Fees; The laws of the State of Colorado shall govern the construction, performance and enforcement of this Lease. Venue for all actions arising out of this lease agreement shall be Pitkin County, Colorado. In the event legal remedies must be pursued to resolve any dispute or conflict regarding this lease agreement, the prevailing party shall be entitled to recover costs incurred in pursuing such remedies, including expert witness fees and reasonable attorney's fees. 33. ~Tenants. Cindy Travis and Jennifer Hoff agree to be Personally and individually bound by the terms of this Lease. THE CITY OF ASPEN, COLORADO TENANT: Approved as to form: (~ ' - - ~'~ ~ ~ J~.. ~V'~rc[s~r, City Attorney .IPW-9~ I 7/2002-G:\john\word~agr~Wheeler-retaiMease-agr, doc