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HomeMy WebLinkAbout66-93 RESOLUTION• • • • RESOLUTION NO. 66-93 A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A JOINT LEASE AGREEMENT WITH THE UNIVERSITY OF ARKANSAS WHEREIN THE CITY LEASES TO THE UNIVERSITY LAND FOR PARKING AND OTHER PURPOSES IN EXCHANGE FOR THE UNIVERSITY LEASING LAND TO THE CITY FOR RECREATIONAL PURPOSES. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS - SW -SI. That the Mayor and City Clerk are hereby authorized to execute a jomt lease agreement with the Umversity of Arkansas wherein the City leases to the University land for parking and other purposes m exchange for the University leasing land to the City for recreational purposes. A copy of the agreement is attached hereto marked Exhibit "A" and made a part hereof. PASSED AND APPROVED this 29th day of June , 1993. ATTEST: By: Ati Thomas, City Clerk APPROVED: By: • • • FILED FOR RECORD '93 AUG 'L PIS 12 58 JOINT LEASE AGREEMENTL T'T" cO AR 1. i._ YER THIS JOINT LEASE AGREEMENT is entered into between the City of Fayetteville, Arkansas ("the City"), a municipal corporation, and the Board of Trustees of the University of Arkansas ("the University"), a public institution of higher education of the State of Arkansas. WHEREAS, the University owns certain agncultural land located on Mt. Comfort Road in the City of Fayetteville which is not presently needed for University purposes and which the City desires to lease for the purpose of establishing recreational fields for outdoor team sports such as soccer, baseball, and softball, and for other sports or recreational purposes and parking lots; and WHEREAS, the City owns certain vacant land near the south entrance to the University of Arkansas, Fayetteville, campus, which is not presently needed for City purposes and which the University desires to lease for parking and other University purposes; and WHEREAS, the University is desirous of having City fire suppression service for the University's Agricultural Experiment Station property which is adjacent to the City limits, which the City is willing to provide; and WHEREAS, it is in the best interest of the public for the City and the University to lease their respective properties to the other, NOW THEREFORE, in consideration of the mutual promises of the parties contained herein, the best interest of the public, and other good and valuable consideration, the parties agree as follows: 1. The University hereby leases to the City the following described property situated in Washington County, Arkansas: The Northwest Quarter (NW/,) of the Northeast Quarter (NE%) of Section Eight (8) in Township Sixteen (16) North, Range Thirty (30) West of the 5th Principal Meridian, Tess twelve and one-half (121A) acres of equal width off of the East side of said 40 acre tract; and Tess and except easements of record, containing twenty-seven and one half (27'%) acres more or Tess, all in Washington County, Arkansas. 2. The City hereby leases to the University the following described property situated in Washington County, Arkansas: 93 43090 • Joint Lease Agreement • University of Arkansas/City of Fayetteville . , Page 2 A tract of land situated in the Northeast Quarter (NE %) of the Northeast Quarter (NE %) of Section Twenty (20) Township Sixteen (16) North, Range Thirty (30) West of the 5th Principal Meridian, being more particularly described as follows, to -wit: Beginning at a point which is 1318.36 feet West and 266.5 feet South 0 degrees 07 minutes West of the Northeast comer of the above described quarter quarter, thence East over the centerline of an existing well 823.36 feet, thence South 0 degrees 07 minutes West 264.52 feet, thence West 823.36 feet, thence North 0 degrees 07 minutes East 264.52 feet to the point of beginning and containing 5.0 acres, more or less. and A tract of land situated in the Northeast Quarter (NE 14) of the Northeast Quarter (NE %) of Section Twenty (20) Township Sixteen (16) North, Range Thirty (30) West of the 5th Principal Meridian, being more particularly described as follows, to -wit: Beginning at a point which is 12.11 feet Southof the Northwest corner of said forty, said point is also 10.0 feet North of the centerline of the St Louis - San Francisco Railroad, thence North 83 degrees 0 minutes East, paralleling said railroad centerline 10,0 feet to the North, 99.40 feet to the North line of said Northeast Quarter of the Northeast Quarter, thence East, along said forty line, 725.0 feet, thence South 266.5 feet, thence West 823.66 feet to the West line of said Northeast Quarter of the Northeast quarter, thence North, along said forty line, 254.38 feet, to the point of beginning. Containing 5.02 acres, more or less. 3. The City agrees to provide fire suppression service to the University's Agricultural Experiment Station located adjacent to the City limits at no cost to the University, under the same terms and conditions as fire suppression service is provided to those under contract service. 4. Neither party may construct any permanent structure on the leased premises without the pnor written approval of the lessor. Any such permanent structure shall become a permanent fixture to the land, and become the property of the party/lessor at the end of the lease term, unless otherwise agreed to in writing prior to construction of the structure. 5. Each party agrees to indemnify and hold the other and its officers, officials, employees, and agents harmless from any and all liability, including attomey's fees, for claims, expenses, loss or damage to persons or property, including environmental degradation, resulting from the negligence of the party; provided however, neither party waives its tort immunity hereby; and provided further, that all claims against the University shall be brought in the Arkansas State Claims Commission. Should either party maintain a 93 43091 • • • Joint Lease Agreement •• University of Arkansas/City of Fayetteville , Page 3 comprehensive general liability insurance policy insunng the described property or properties, the other party shall be named as an additional insured to the extent of its interest in the property. 6. The properties which are the subject of this Agreement are exempt from ad valorem taxation and other assessments. In the event taxes or other assessments are assessed against a party/lessor as a result of the use of the property by the party/lessee, the party/lessor shall notify the party/lessee of such assessments. Should the party/lessor decide to contest the assessment, the party/lessee shall assist the party/lessor in the legal proceedings and shall be responsible for payment of all costs incurred by the party/lessor in such proceedings; provided however, neither party shall be responsible for reimbursing the costs or salary of the staff of the City Attorney or General Counsel for time expended in contesting the assessment In the event the property is found to be subject to taxation or assessments, the party/lessee shall reimburse the party/lessor for such taxes or assessments, interest and/or penalties at least thirty (30) days pnor to the deadline for payment of such taxes or assessments. 7. At the end of the term of this Agreement or any extension thereto, the parties agree to surrender possession of the leased premises to the other party, including all permanent fixtures, without demand. 8. This Agreement shall have a term of approximately Twenty -Five (25) years, beginning on the date last approved by the governing bodies of the City and the University, and ending on June 30, 2018. 9. This Agreement may be renewed and extended for additional terms of years upon the mutual agreement of the parties. IN WITNESS WHEREOF, the parties set their hands by their respective duly authorized representatives. CITY OF FAYETTEVILLE: App=d by Resolution adopted by the Fayetteville City Council on the029 day of 1993. D HANNA, A, MAYOR ATTEST: 93 43092 Joint Lease Agreement University of Arkansas/City of Fayetteville. Page 4 BOARD OF TRUSTEES OF THE UNIVERSITY OF ARKANSAS: Approved by Resolution adopted by the Board of Trustees of the University of Arkansas on the 30th.ltta oy Apri1 1993. H.L. HEMBREE, CHAIRMAN ATTEST: .4./d// CARL WHILLOCK, SECRETARY ACKNOWLEDGEMENT STATE OF ARKANSAS ) ) SS. COUNTY OF WASHINGTON ) On this nit day of 1993, before me, a Notary Public, duly commissioned and acting in an or th State and County aforesaid, personally appeared FRED HANNA and SHERRY THOMAS, to me well known, who stated that they were the Mayor and Clerk, respectively of the City of Fayetteville, Arkansas, and have been authonzed by lawful resolution of the Fayetteville City Council to execute contracts on behalf of the City of Fayetteville, Arkansas, and that they acknowledged that they had executed the foregoing Joint Lease Agreement for the consideration, uses and purposes stated therein. IN WITNESS WHEREOF, I hereunto set my hand and seal this net day of 1993. My commission expires: to - er '2 0042 93 43093 • Joint Lease Agreement University of Arkansas/City of Fayetteville. Page 5 • ACKNOWLEDGEMENT STATE OF ARKANSAS ) ) SS. COUNTY OF SEBASTIAN) On this a33 day of 4.3- , 1993, before me, a Notary Public, duly commissioned and acting in and for for th tate and County aforesaid, personally appeared H L HEMBREE, to me well known, who stated that he was the Chairman of the Board of Trustees of the University of Arkansas, and had been authorized by lawful resolution of the Board of Trustees of the University of Arkansas to execute contracts on behalf of the University of Arkansas, and that he acknowledged that he had executed the foregoing Joint Lease Agreement for the consideration, uses and purposes stated therein. IN WITNESS WHEREOF, I hereunto set my hand and seal thisa3 —day of 1993. • ,% A MM ygoo rnissio expires: 1I i /95 ACKNOWLEDGEMENT STATE OF ARKANSAS ) SS. COUNTY OF PULASKI ) On this 47- day of 1993, before me, a Notary Public, duly commissioned and acting in an r th State and County aforesaid, personally appeared CARL WHILLOCK, to me well known, who stated that he was the Secretary of the Board of Trustees of the University of Arkansas, and had been authorized by lawful resolution of the Board of Trustees of the University of Arkansas to execute contracts on behalf of the University of Arkansas, and that he acknowledged that he had executed the foregoing Joint Lease Agreement for the consideration, uses and purposes stated therein. 93 43094 • Joint Lease Agreement University of Arkansas/City of Fayetteville. Page 6 IN WITNESS WHEREOF, I hereunto set my hand and seal this 1993. 0' My commission expires: day of /90/ NotOry Public 93 43095 • zsti.„ ce • • 1, Mtm Kammer, Circuit Clerk and Ex-ORlda Recorder for Wash:notnn Count /Mkatra, de hereby certify !hat this in- nt was filed for record in my offire es irdlaaled hereon and the somo is nip duly recorded with ibe acknowledgeme ad certificate ter^neon In Record Book u., Pape as indica:cd thereon. IN WITNESS WIC7 ECF, I have hereon% tet my hand and affixed th_ caul of sol: Court on the date Indicated hereon. Mma Kollmoyor Circuit Clerk and Ex -officio Recorder • • a UNIVERSITY OF ARKANSAS 1 • OFFICE OF THE GENERAL COUNSEL 421 Adminimotlon Building Fayetteville, Arkansas 72701 August 27, 1993 Ms. Sherry L. Thomas, Clerk City of Fayetteville 113 West Mountain Fayetteville, Arkansas 72701 Telephone (501) 575-5401 FAX (501) 575-5046 Re: Joint Lease Agreement between City of Fayetteville and Board of Trustees of the University of Arkansas Dear Ms. Thomas: Enclosed is a copy of the Joint Lease Agreement between the City of Fayetteville and the Board of Trustees of the University of Arkansas which has been filed and recorded by the Washington County Circuit Clerk. The University has submitted the agreement to State Building Services for approval as required. I will send a copy showing SBS's approval to you when it returns copies to the University. Please call me if you have any questions. Sincerely, Pckveo Ginger P. Cnsp Associate General Counsel am Enclosure University of Arkansas, Fayetteville University of Arkansas of Little Rock University of Arkansas of Pine Bluff University of Arkansas for Medical Sciences University of Arkansas of Monticello • UNIVERSITY OF ARKANSAS .,_,_,...w_._.r..---_sail. OFFICE OF THE GENERAL COUNSEL 421 Adminimofion building Telephone (501) 575-5401 Fayetteville, Arkansas 72701 FAX (501) 575.5046 July 2, 1993 Ms. LaGayle McCarty Fayetteville Assistant City Attorney 113 W. Mountain Street Fayetteville, Arkansas 72701 Re: Joint Lease Agreement Between the City of Fayetteville and the University of Arkansas Dear Ms. McCarty: Enclosed are two originals of the Joint Lease Agreement between the City of Fayetteville and the Board of Trustees of the University of Arkansas which was approved by the Board of Trustees at their April 30, 1993, Board meeting, and the Fayetteville City Council on June 29, 1993. Since Jerry Rose is on vacation, Ginger Crisp asked me to send the originals of the Lease Agreement to you to obtain the Mayor and City Clerk's signatures. After they have been signed, would you please retum them to me and I will obtain the signatures of the appropriate University Trustees and return a fully signed onginal to you. Thank you for your assistance. Sincerely, Ann Ann Moumeourne 7.14A", Legal Assistant am Enclosures cc Mr. Fred H. Harrison, General Counsel Ms. Earlene Baker, Assistant to the Vice Chancellor for Finance and Administration, UAF University of Arkansas, Fayetteville University of Arkansas at Little Rock University of Arkansas at Pine Bluff University of Arkansas for Medical Sciences University of Arkansas of Monticello 'Ai'L'1 F VILLE• THE CITY OF FAYETTEVIIIE, ARKANSAS • SHERRY L. THOMAS. CITY CLERK July 19, 1993 Ms. Ginger Crisp Office of the General Counsel University of Arkansas 421 Administration Building Fayetteville, AR 72701 Dear Ms. Crisp: Enclosed are two originals of the Joint Lease Agreement between the City of Fayetteville and the Board of Trustees of the University of Arkansas which was approved by the City Council on June 29, 1993. The agreements have been executed by both the Mayor and myself: After they have been signed by the U of A Trustees, please return one of the copies to this office. Thanks your for your help. Sincerely, Sherry L. Thomas City Clerk Enclosures 113 WEST MOUNTAIN 72701 301 575-5323 1