HomeMy WebLinkAbout193-16 RESOLUTIONf ('r
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113 West Mountain Street
Fayetteville, AR 72701
(479) 575-8323
Resolution: 193-16
File Number: 2016-0486
SOUTHWIND HOSPITALITY HOLDINGS, LLC AMENDMENT NO. 1:
A RESOLUTION TO APPROVE AMENDMENT NO. 1 TO THE CONTRACT WITH SOUTHWIND
HOSPITALITY HOLDINGS, LLC TO REFLECT THE CORRECT NUMBER OF PARKING SPACES
BEING LEASED IN THE MEADOW STREET PARKING DECK, AND TO APPROVE A CREDIT IN
THE AMOUNT OF $700.00 FOR PAST OVERPAYMENT FOR TWO PARKING SPACES.
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 approves Amendment No. 1
to the lease agreement with Southwind Hospitality Holdings, LLC to reflect that the correct number of
spaces being leased in the Meadow Street Parking Deck is 178 rather than 176, and further approves a
credit in the amount of $700.00 for past overpayment of two parking spaces.
PASSED and APPROVED on 11/1/2016
Y OF G��•
FAYETTEVILLE;�
Attest: �'G9iS • �,?'A t aP J`'�•�•
X-n� C 4'.1-41
Sondra E. Smith, City Clerk Treasurer
Page 1 Printed on 1112116
City of Fayetteville, Arkansas 113 West Mountain Street
Fayetteville, AR 72701
lgpi (479) 575-8323
5
Text File
File Number: 2016-0486
Agenda Date: 11/1/2016 Version: 1 Status: Passed
In Control: City Council Meeting File Type: Resolution
Agenda Number: A. 3
SOUTHWIND HOSPITALITY HOLDINGS, LLC AMENDMENT NO. 1:
A RESOLUTION TO APPROVE AMENDMENT NO. 1 TO THE CONTRACT WITH SOUTHWIND
HOSPITALITY HOLDINGS, LLC TO REFLECT THE CORRECT NUMBER OF PARKING
SPACES BEING LEASED IN THE MEADOW STREET PARKING DECK, AND TO APPROVE A
CREDIT IN THE AMOUNT OF $700.00 FOR PAST OVERPAYMENT FOR TWO PARKING
SPACES
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 approves Amendment No.
1 to the lease agreement with Southwind Hospitality Holdings, LLC to reflect that the correct number of
spaces being leased in the Meadow Street Parking Deck is 178 rather than 176, and further approves a
credit in the amount of $700.00 for past overpayment of two parking spaces.
City of Fayetteville, Arkansas Page 1 Printed on 11/2/2016
City of Fayetteville Staff Review Form
2016-0486
Legistar File ID
11/1/2016
City Council Meeting Date - Agenda Item Only
N/A for Non -Agenda Item
Justin Clay 10/12/2016 Parking & Telecommunications/
Chief of Staff
Submitted By Submitted Date Division / Department
Action Recommendation:
Approving an amendment to the Lease Agreement for the Meadow Streeet (Municipal) Parking deck to reflect that
the agreement is for 176 parking spaces.
Account Number
Project Number
Budgeted Item?
Budget Impact:
Current Budget
Funds Obligated
Current Balance
Fund
Project Title
Does item have a cost? Item Cost
Budget Adjustment Attached? Budget Adjustment
Remaining Budget
V20140710
Previous Ordinance or Resolution # 162-11
Original Contract Number:
Comments:
Approval Date:
CITY OF
Fay' 1.
le
ARKANSAS
MEETING OF NOVEMBER 1, 2016
TO: Lioneld Jordan, Mayor
City Council
CITY COUNCIL AGENDA MEMO
THRU: Paul Becker, Chief Financial Officer
Don Marr, Chief of Staff
Peter Nierengarten, Director of Sustainability, Resilience and Parking
FROM: Justin Clay, Parking Manager
DATE: October 12, 2016
SUBJECT: Amend Parking Lease Agreement for Meadow Street Parking Deck
RECOMMENDATION:
Staff recommends amending the Lease Agreement for the Meadow Street (Municipal) Parking
deck to reflect that the agreement is for 176 spaces. Staff further recommends issuing a credit of
$700.00 to the Chancellor Hotel for past overpayment of two (2) spaces.
BACKGROUND:
On October 16, 1990, the City entered into a lease with FOURTEN SOUTH BROADWAY
CORPORATION. The original Lease Agreement was written for all of the first floor and all of the
third floor (roof) spaces for a total of 180 spaces (Attachment A). The Americans with Disabilities
Act (ADA) of 1990 required designated access aisles for the handicapped spaces. For 51-100
parking spaces (the first floor fits this size) the ADA requires four (4) NIC spaces with access
aisles for each vehicle. These access aisles could be shared by two H/C spaces or dedicated to a
particular space.
On October 16, 1990, an amendment to the Lease Agreement was made naming the Fayetteville
Hotel Ventures Limited Partnership as the Tenant for 180 parking spaces in the parking deck.
In August, 2004, Resolution 123-04 amended the lease with Radisson Hotel to "Continue to lease
parking spaces in the Municipal Parking Deck for one additional year". The number of spaces
given was 180 in the Contract Review memo.
In June, 2006, Resolution 112-06 established a Lease Agreement with the Radisson Hotel for a
total of 178 leasable spaces. No indication explaining the change in the number of spaces from
1990 was given.
Mailing Address:
113 W. Mountain Street www_fayetteville-ar.gov
Fayetteville, AR 72701