HomeMy WebLinkAbout14-83 RESOLUTIONRESOLUTION NO. py-471.3
A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE A MODIFICATION OF THE CITY'S"LEASE AGREEMENT
WITH LORENE O'DONNELL FOR FAST FOOD SERVICE IN THE
AIRPORT TERMINAL BUILDING.
BE IT RESOLVED_ BY THE BOARD OF DIRECTORS OF THE CITY OF
FAYETTEVILLE, ARKANSAS:
That the Mayor and City Clerk are hereby authorized to
execute a modification of the City's lease agreement with
Lorene O'Donnell for fast food service in the airport terminal
building to modify the rent payable under said agreement.
A copy of the modification authorized for execution hereby
is attached hereto, marked Exhibit "A", and made a part hereof.
Passed and approved this 1st day of February, 1983.
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ATTEST:, �'
i'. �',`
'ry _
t" a
By:
City Clerk
APPROVED:
9,„igede,„„ey
Mayor •
FAYETTEVILLE, ARKANSAS
P. 0. DRAWER F
OFFICE OF CITY CLERK
72701
February 3, 1983
Ms. Lorene O'Donnell
Post Office Box 145
Fayetteville, Arkansas 72701
Dear Ms. O'Donnell:
[501) 521.7700
Enclosed is a copy of the executed Modificationf:o.f the
Lease Agreement between the City of Fayetteville and yourself
for fast food service in the Airport Terminal Building.
I am forwarding an additional copy to the Airport Manager
and will retain the original Modification of the Lease Agreement
in the City Clerk's files.
If I may be of further assistance, please don't hesitate to
contact me.
Sincerely,
Olivia Kelly
City Clerk
/oak
Enc.
cc: Ede Hogue
Airport Manager
MODIFICATION OF LEASE AGREEMENT
This agreement made this /574 day of ���
198,3 , by and between the City of Fayetteville, Arkansas, a
municipal corporation, hereinafter called Lessor, and Lorene
O'Donnell, hereinafter called Lessee.
WHEREAS, Lessee hereto has entered into a lease dated
December 15, 1980, with Ward -Power Management, Inc., a
copy of which is attached hereto, marked Exhibit "A" and
made a part hereof; and
WHEREAS, said lease was assigned by Ward -Power Management,
Inc. to Lorene O'Donnell by an assignment dated October 7,
1981, a copy of which is attached hereto, marked Exhibit "B",
and made a part hereof.
WHEREAS, the parties desire to enter into a new agreement
modifying or supplementing the provisions of said lease.
NOW, THEREFORE, the parties mutually agree as follows:
1.. Effective December 15, 1982, and continuing through
December 14, 1983, Lessee shall pay Lessor as rent for use
of the demised premises 87 of Lessee's gross sales per month
on the demised premises or $1,333.33 per month, whichever is
higher. The term "gross sales" as used herein shall mean
Lessee's actual selling price of all goods, merchandise, food
and beverages sold on the demised premises, including beer and
light wines, and excluding any taxes or imposition billed
separately to the purchaser. The term "gross sales" shall
also include receipts from electronic games located on the
leased premises. Said rental shall be payable within twenty
(20) days after expiration of each month under this Lease and
shall be accompanied by a salesoreport on forms to be prescribed
l
by Lessor's Airport Manage?.
2. All,ptovisions of the lease are incorporated herein
and are hereby modified or supplemented to conform herewith but
in all other respects are to be and shall continue in force.
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IN WITNESS WHEREOF, the parties have executed this
Modification of Lease on the day and year first above
written.
04.
CITY OF FAYETTEVILLE, ARKANSAS,
A Municipal Corporation
By:
Mayor
By: A a xy4
City Clerk
ff,447i/
Aze-t-e, (9/J
Lorene O'Donnell
LEASE AGREEMENT
This Agreement executed :this /S day of lCE1 .--,
1980, by and between the CITY OF F4 YETTEVILLE, ARKANSAS,
hereinafter called "Lessor", and WARD -POWER MANAGEMENT,
INC., hereinafter called "Lessee".
In consideration of the mutual covenants contained
herein, Lessor and Lessee hereby agree as follows:
1. Lessor hereby leases to Lessee, and Lessee hereby
leases from Lessor, 1,144.5 square feet of floor space, more
or less, in the new Terminal Building at the Fayetteville
Municipal Airport (Drake Field) which floor space is more
particularly identified on the floor plan attached hereto
marked Exhibit "A" and made a part hereof.
2. Lessee shall establish andoperate a fast food
service on the demised premises. Said fastfood service
shall be open to the public not less than twelve (12)
hours per day seven (7) days each week and shall be open to
coincide with regularly scheduled airline passenger service
at the Airport. All necessary equipment and furnishings or
structural alterations shall be installed or made by Lessee
at Lessee's coat. Lessee agrees to -provide food service as
outlined in the letter dated October 22, 1980, attached
hereto marked Exhibit "B" arid made a'patt hereof.
3. Lessee shall be permitted to serve beer and light
wines for on -premise consumption provided Lessee has obtained
all required federal, state and local permits.
4. The term of this -Agreement shall be for a period
of five (5) years £rum the execution date with the schedule
of payments and rate to be renegotiated each twelve (12)
months; provided, either party -may terminate this Agreement
by giving sixty (60) days written notice of termination to
the other party.
5. Lessee shall pay Lessor as rent for use of the
demised premises during the term of this Lease eight per
"EXHTRTT A"
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cent (8%) of Lessee's gross sales per month on the demised
premises or $1,144.50 per month, whichever is higher. The
term "gross sales" as used herein shall mean Lessee's actual
selling price of all goods, merchandise, food and beverages
sold on the demised premises, including beer and light
wines, and excluding any taxes or imposition billed separately
to the purchaser. The term"gross sales" shall also include
receipts from electronic games located on the leased premises.
Said rent -shall be payable within twenty (20) days after
expiration of each month under this Lease and shall be
accompanied by a sales report on forms to be prescribed by
Lessor's Airport Manager.
6. Lessee shall maintain at all times a current,
complete rebs of account of all sales. Lessor shall have
complete access to said record of accounts during all reasonable
hours and shall have the right to inspect Lessee's books and
records of business and transactions including, but not
limited to, cash register tapes, sales tickets and tax
returns or reports. Lessee shall furnish to Lessor a copy
of all sales tax reports filed by Lessee in the office of
the Commissioner of Revenues of the State of Arkansas.
7. Lessor shall pay for all gas, electricity, water
service and sewer services provided to the demised premises.
Lessee shall pay for sanitation service, telephone services,
and any other utility services desired by Lessee.
8. If the demised premises shall be partially damaged
by fire, or any other cause, but shall not be rendered
untenable, Lessee shall repair said premises,at Lessee's
expense as soon as possible and Lessee's obligation to pay
rent shall not be abated. If, however, the demised premises
shall be damaged by fire or any other cause, so as to render
said premises untenable, Lessor shall repair the premises at
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Lessor's expense as soon as possible and Lessee's rental
payments shall be abated from the date of such damage until
the premises are made tenable.
9. During the term of this lease, Lessee shall maintain,
at ,.Lessee's.expense, the following insurance coverage with
solvent insurance companies authorized to do business in the
State of Arkansas:
a) Workmen's Compensation Insurance as required
by Arkansas Law.
b) General public liability insurance with limits
of not less than $100,000.00 for injury or
death of one person; $300,000.00 for injuries
or deaths in any one accident; and $20,000.00
for property damage in any one accident.
Lessee shall provide certificates evidencing all such insurance
to the City Clerk of Lessor.
10. Lessee agrees to hold Lessor harmless from any
claim, expense, loss or liability suffered or occasioned as
a result of Lessee's use or occupancy of the demised premises.
11. Lessee agrees that it will not, on the grounds of
race, color, or national origin, discriminate or prevent
discrimination against any person or group of persons.
12. The executed Certification of Equal Employment
-Opportunity attached hereto marked Exhibit "C" is hereby
made a part hereof.
13. The executed Certification of Non -Segregated
Facilities attached hereto marked Exhibit "D" is hereby made
a part hereof.
14. The parties acknowledge that it is the policy of
the Fayetteville Municipal Airport that minority owned
business enterprises and female owned business enterprises,
hereinafter called MBE, as defined in 49 CFR, part 23,
hereinafter called the "Regulations",
maximum opportunity to participate in
Airport contracts awarded by the City
of the Regulations shall be included
shall .have the same
the ^er:ormancc of all
, and that MBE requirements
in and become a..binding
part of such contracts awarded to contractors, sub -contractors,
vendors, and other entities. The parties further acknowledge
that it is the policy of the Fayetteville Municipal Airport
that it shall not discriminate on the basis of race, color,
national origin, or sex in the award and performance of all
Airport contracts. The MBE requirements of 49 CFR part 23
are incorporated herein by reference thereto.
IN WITNESS WHEREOF, the parties have executed
Agreement on the date first above written.
ATTEST:
/
_.r,_. :'it (T
City Clerk
ATTEST:
IC
Secretary
this
CITY OF FAYETTEVILLE, ARKANSAS,
LESSOR
By:
WARD -POWER MANAGEMENT, INC.,
LESSEE
By:`'`
President
VRei
MODIFICATION OF LEASE AGREEMENT
This agreement made this ';.•j day of
4.
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1981, by and between City of Fayetteville, Arkansas, a Municipal
Corporation, hereinafter called Lessor, and Lorene O'Donnell,
hereinafter called Lessee.
WHEREAS, the City entered into a. lease dated December
15, 1980, a copy of which is attached hereto, marked Exhibit
"A" and made a part hereof; and
WHEREAS, said lease has been assigned by Ward -Power Management
Group, Inc., to Lorene O'Donnell which assignment has been
approved by the City;
WHEREAS, the parties desire to enter into a new agreement
modifying or supplementing the provisions of said lease.
NOW, THEREFORE, the parties mutually agree as follows:
1. Paragraph 2 of said lease is modified by adding the
following:
No structural alterations shall be made by Lessee without
the prior written approval of Lessor's airport manager.
2. All provisions of the lease are incorporated herein
and are hereby modified or supplemented to conform herewith
but in all other respects are to be and shall continue in
full force.
IN WITNESS WHEREOF, the parties have executed this Modification
of Lease on the day and year first above written.
CITY OF FAYETTEVILLE, ARKANSAS
A Municipal Corporation
7-77-tle
By: 76'2‘401
MAYOR
EX(tBIT B
i
LORENE O'DONNELL