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HomeMy WebLinkAbout122-04 RESOLUTIONRESOLUTION NO.t 22-04 A RESOLUTION AUTHORIZING THE MAYOR AND THE CITY CLERK TO EXECUTE A LEASE AGREEMENT WITH MR. LAMAR ANDERSON OF 15 SOUTH BLOCK AVENUE, SUITE 203, FOR ONE (1) PARKING SPACE IN FAYETTEVILLE MUNICIPAL PARKING LOT 1, LOCATED AT 160 WEST MOUNTAIN STREET, AND BOUNDED BY CHURCH AVENUE, MOUNTAIN STREET, AND CENTER STREET BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby authorizes the Mayor and the City Clerk to execute a Lease Agreement with Lamar Anderson of 15 South Block Avenue, Suite 203, for one (1) parking space in Fayetteville Municipal Parking Lot 1, located at 160 West Mountain Street, and bounded by Church Avenue, Mountain Street, and Center Street. A copy of the Lease Agreement, marked Exhibit "A" is attached hereto, and made a part hereof. PASSED and APPROVED this 17th day of August 2004. ATTEST: l By:(�rn.c`il� SONDRA SMITH, City Clerk APPROVED: By: /I/L/,G1 / azz c DAN GOODY, Mayor FAYE-fEVILLE• '_ 0 0 LEASE This Agreement, made and entered into this J-14day of 2004, by and between the City of Fayetteville, Arkansas, a Municipal Corporation, 113 W. Mountain, Fayetteville, Arkansas, and Lamar Anderson, 15 South Block Ave. Suite 203, Fayetteville, AR 72701, Witnesseth: 1. Leased Premises. For and in consideration of the rents, covenants and agreements herein entered into and agreed upon by Lamar Anderson as obligations to the City of Fayetteville, the City of Fayetteville lets, leases and demises unto Lamar Anderson, subject to the terms and conditions contained herein, the following described property situated in Washington, County, Arkansas: One (1) parking space, known as "Space 31," as set forth on Exhibit "A" attached hereto, located in the Fayetteville Municipal Parking Lot 1, west of the Campbell Bell Building between Mountain, Church, and Center Streets, a/k/a/ 160 West Mountain Street, Fayetteville, Arkansas. To have and to hold said premises unto Lamar Anderson for and during the term herein stated, subject to the covenants, terms, conditions and liens herein contained. 2. Term. This term shall commence on September 1, 2004, and shall extend for a term of one (1) year, ending at midnight on August 31, 2005. 3. Rent. Lamar Anderson agrees to pay to City of Fayetteville as rental for the first year of this lease the sum of $50.00 per space per month. Thereafter, the rent shall be adjusted each year at the lease anniversary date to an amount charged for comparable lease spaces in this lot. If no comparables exist, rates will be the same as the Town Center parking deck rates. Each monthly payment is due in advance and payable on or before the fifteenth of each month. A late fee shall be imposed, at the highest rate allowable by law, on all payments which are not received by City of Fayetteville within five (5) business days from the due date. 4. Use. Lamar Anderson agrees to use the lease premises only for the purpose of vehicle parking for use of Lamar Anderson. However, it is understood that the City of Fayetteville will not provide enforcement for restrictive parking spaces identified in this lease. 5. Improvements. Lamar Anderson may make the following improvements: Install private parking notices on meter poles. Design for all improvements shall be approved by the City of Fayetteville. Any such improvement shall be solely at Lamar Anderson's expense. Upon termination or expiration of this lease, such improvements shall be considered affixed to the premises and shall remain unless City of Fayetteville requires removal. 6. Assignment. Lamar Anderson shall not assign this lease or sublet the leased premises without prior written consent of the City of Fayetteville. Consent for any assignment or subletting shall only be considered at the same rates as established in Paragraph 17. above. Any such assignment or subletting shall in no way relieve Lamar Anderson from liability for the obligation imposed by this lease. Lamar Anderson may only be released from liability by a specific written release executed by City of Fayetteville. 7. Holdover. Lamar Anderson hereby agrees that upon termination of this lease by expiration or by earlier termination for any reason whatsoever, Lamar Anderson will peaceably deliver possession of the leased premises to City of Fayetteville. In the event Lamar Anderson shall be permitted by City of Fayetteville to hold over after the expiration or termination of this lease, said holding over, in the absence of any written agreement to the contrary, shall be construed as a tenancy from calendar month to calendar month at a monthly rental equal to the rental for the last month paid under this lease, or as may be amended on the anniversary of the term set forth in Paragraph 2. above. A month-to- month tenancy arising by Lamar Anderson's holding over under this paragraph may be terminated by written notice from either party to the other party on or before the day on which any monthly rent is due with termination not becoming effective until the day on which the next following monthly rental would have otherwise become due. In the event it should become necessary for City of Fayetteville to institute any action at law to recover possession at the time of termination, whenever and however termination may occur, Lamar Anderson agrees that it will pay all costs and expenses of such action, including reasonable attorney's fees. 8. Termination. City of Fayetteville hereby reserves the right to terminate this Lease at anytime during the term of this Lease if it is determined by the Fayetteville City Council that the leased premises is needed for a valid public purpose. If City of Fayetteville terminates the lease prior to expiration of the term in Paragraph 2., City of Fayetteville shall compensate Lamar Anderson on a prorated basis of the actual cost to make improvements to the premises. 9. Compliance with Laws. Lamar Anderson agrees not to violate any law, ordinance, rule or regulation of any government authority having jurisdiction of the leased premises. 10. Non -Waiver. It is agreed that the failure of City of Fayetteville to invoke any of the available remedies under this lease or under law in the event of one or more breaches or defaults by Lamar Anderson under the lease shall not be construed as a waiver of such 2 0 provisions and conditions and shall not prevent City of Fayetteville from invoking such remedies in the event of any future breach or default. laws of the 11. Insurance. Lamar Anderson shall be solely responsible for maintaining insurance on any improvements made to the leased premises, as well as for general public liability insurance. 12. Succession. This lease agreement shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, successors and assigns. 13. Severability. Each paragraph of this lease agreement is severable from all other paragraphs. In the event any court of competent jurisdiction determines that any paragraph or subparagraph is invalid or unenforceable for any reason, all remaining paragraphs and subparagraphs will remain in full force and effect. 14. Interpretation. This lease agreement shall be interpreted according to and enforced under the laws of the State of Arkansas. 15. Entire Agreement. This lease agreement contains the entire agreement of both parties hereto, and no other oral or written agreement shall be binding on the parties hereto. This lease agreement supersedes all prior agreements, contracts and understandings of any kind between the parties relating to the subject matter hereof. This agreement may be executed in all or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. IN WITNESS WHEREOF, the parties hereto have hereunto set their hands and seals on this 17A day of 2004. _.11navn10.. ATTEST: sI cYOn�.G�;a CI ;FAYETTEVILLE'r = By tom= SMITH, City Clerk ANDERSON i 0 NAME OF FILE: Resolution No. 122-04 wllease agreement CROSS REFERENCE: Item # Date Document 1 07/21/04 memo to mayor & City Council 2 draft resolution 3 Staff Review Form 4 memo to Sharon Crosson 5 6 7 8 9 10 11 12 13 14 15 16 17 NOTES: 0 • NAME OF FILE: Resolution No. 122-04 w/lease agreement CROSS REFERENCE: Item # Date Document 1 07/21/04 memo to mayor & City Council 2 draft resolution 3 Staff Review Form 4 memo to Sharon Crosson 5 6 7 8 9 10 11 12 13 14 15 16 17 NOTES: Hugh Earnest has never returned this agreement to city 2/7/04 clerk 0 • Parking Space Lease with Lamar Anderson August 17, 2004 Council Meeting Page 1 of 7 CONTRACT REVIEW MEMO TO: Mayor Dan Coody THRU: Gary Dumas, Director of Operations FROM: Sharon Crosson, Parking Manager 45 - DATE: July 21, 2004 SUBJECT: Approval of Parking Lease Agreement with Lamar Anderson Staff recommends approving a Parking Lease Agreement with Lamar Anderson located at 15 S. Block Ave. Suite 203. The lease will be for one (1) parking space in the Fayetteville Municipal Parking Lot 1, west of the Campbell Bell Building between Mountain, Church, and Center Streets, a/k/a 160 West Mountain Street. The tern of the lease will run for one (1) year. BACKGROUND The City currently holds leases on 25 parking spaces in Parking Lot 1. Arkansas NBC News leases 13 spaces; Town and Country Shop leases 4 spaces for retail customers; David & Cathy, Inc. lease 2 spaces for retail customers; the remaining 6 spaces are leased to 3 of the 4 residents living in the Campbell Bell Building: Gail and Jerry Moore (2), Mr. and Mrs. Ted Belden (2), and David Banks (2). Lamar Anderson has made a formal request to lease one space and is the only resident of the building that does not have a leased parking space. DISCUSSION The expiration date of the contract has been set to expire in one year when all the other 25 spaces expire. This will enable all of the contracts to be renewed at the same time to ensure equality and consistency. BUDGET IMPACT The parking meter currently located in space 31 of Lot 1 generates $410 annually. Leasing this space would increase this revenue to $600 annually. y146-'5 •2rll-7/off /;La ry,-i<"✓ 9P'� 0 • RESOLUTION NO, AN RESOLUTION AUTHORIZING THE MAYOR AND THE CITY CLERK TO EXECUTE A LEASE AGREEMENT WITH MR. LAMAR ANDERSON OF 15 SOUTH BLOCK AVENUE, SUITE 203, FOR ONE (1) PARKING SPACE IN FAYETTEVILLE MUNICIPAL PARKING LOT 1, LOCATED AT 160 WEST MOUNTAIN STREET, AND BOUNDED BY CHURCH AVENUE, MOUNTAIN STREET, AND CENTER STREET. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. That the City Council of the City of Fayetteville, Arkansas hereby authorizes the Mayor and the City Clerk to execute a Lease Agreement with Lamar Anderson of 15 South Block Avenue, Suite 203, for one (1) parking space in Fayetteville Municipal Parking Lot 1, located at 160 West Mountain Street, and bounded by Church Avenue, Mountain Street, and Center Street a copy of the Lease Agreement, marked Exhibit "A" is attached hereto;� arnd- de al part hereof. / 7 STAFF REVIEW FORM - FINANCIAL OBLIGATION• X AGENDA REQUEST CONTRACT REVIEW GRANT REVIEW For the Fayetteville City Council Meeting of: August 17, 2004 FROM: Sharon Crosson Parking Management Operations Name Division Department Approval of Lease Agreement with Lamar Anderson located at 15 S. Block Ave. Suite 203 for the lease of one (1) parking space for one (1) year. COST TO CITY: ($600.00) Revenue - Rent Lot 1 Cost of this request Category/Project Budget Program Category / Project Name 2130-0913-4426-01 $ - Parking Management Account Number Funds Used to Date Program / Project Category Name $ - Off -Street Parking Project Number Remaining Balance Fund Name BUDGET REVIEW: X Budgeted Item Budget Adjustment Attached 7,2-9 A Y udget Manager Date CONTRACT/GRANT/LEASE REVIEW: d 101 -71,50h ccounting Manager U U Date Internal Aud' r Date City AttornEly Purchasing Manager Date ST�j�NDA N: n Received in Mayor's Office G A Division Head Date Date .� Cross Reference: Departme t Director Date Previous Ord/Res#: Finance S Internal Services Dir Date Orig. Contract Date: ,7 'o Orig. Contract Number: Date New Item: 6 Date Yes No L m' FAYETTEVILLE • THE CITY OF FAYETTEVILLE, ARKANSAS City Clerk Division 113 West Mountain Fayetteville, AR 72701 Telephone: (479) 575-8323 DEPARTMENTAL CORRESPONDENCt To: Sharon Crosson Parking Management Division From: Clarice Buffalohead-Pearman p�Q City Clerk Division Date: August 20, 2004 Re: Resolution No. 122-04 The City Council passed a resolution, August 17, 2004, approving a lease agreement with Lamar Anderson for parking space. I have attached a copy of the resolution with copy of the signed agreement. The resolution with attachments will be recorded in the city clerk's office and microfilmed. If anything else is needed please let the clerk's office know. /cbp attachments cc: Nancy Smith, Internal Auditor "EXHIBIT A" PARKING LOT 1 CENTER STREET 90 Handicap 44 21 1 N 91 6845 222 92 6946 233 93 7047 244 W E 94 7148 25 5 95 7249 266 S 96 7350 Z7 97 7451 28 8 98 7552 29 9 99 7653 30 10 F 100 7754 31 101 78 55 32 Transformer U)i 102 7956 33 103 8057 34A,1 V104 81 58 35 o12 105 8259 38 A-3 106 8360 37 d4 107 8461 38 15 108 8562 3911161 I. 109 86 63 - 110 8764 Handicap 111 88165 Handicap 112 89166 Handicap MOUNTAIN STREET