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Home My WebLink About120-18 RESOLUTION113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 Resolution: 120-18 File Number: 2018-0263 UNIVERSITY OF ARKANSAS OSHER LIFELONG LEARNING INSTITUTE: A RESOLUTION TO APPROVE A LEASE AGREEMENT WITH THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ARKANSAS FOR THE UNOCCUPIED BANQUET AREA IN THE AIRPORT TERMINAL BUILDING TO BE USED BY THE OSHER LIFELONG LEARNING INSTITUTE TO CONDUCT CLASSES DURING THE FALL 2018 SEMESTER IN THE AMOUNT OF $25.00 FOR EACH DAY THE SPACE IS USED 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 a lease agreement with the Board of Trustees of the University of Arkansas for the unoccupied banquet area in the Airport Terminal building to be used by the Osher Lifelong Learning Institute to conduct its classes during the Fall 2018 semester in the amount of $25.00 for each day the space is used. PASSED and APPROVED on 6/5/2018 Attest: Sondra E. Smith, City Clerk Treasurer }•�'� •�'�� Y �� • �G�'•�' p� Eta: FAYETCEVILLE: r C- •�_: q'•:�iCANSQ,��• iuiMi+u��,� Page 1 Printed on 615118 City of Fayetteville, Arkansas 113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 Text File File Number: 2018-0263 Agenda Date: 6/5/2018 Version: 1 Status: Passed In Control: City Council Meeting File Type: Resolution Agenda Number: A. 4 UNIVERSITY OF ARKANSAS OSHER LIFELONG LEARNING INSTITUTE: A RESOLUTION TO APPROVE A LEASE AGREEMENT WITH THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ARKANSAS FOR THE UNOCCUPIED BANQUET AREA IN THE AIRPORT TERMINAL BUILDING TO BE USED BY THE OSHER LIFELONG LEARNING INSTITUTE TO CONDUCT CLASSES DURING THE FALL 2018 SEMESTER IN THE AMOUNT OF $25.00 FOR EACH DAY THE SPACE IS USED 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 a lease agreement with the Board of Trustees of the University of Arkansas for the unoccupied banquet area in the Airport Terminal building to be used by the Osher Lifelong Learning Institute to conduct its classes during the Fall 2018 semester in the amount of $25.00 for each day the space is used. City of Fayetteville, Arkansas Page 1 Printed on 6/5/2018 Summer Fallen Submitted By City of Fayetteville Staff Review Form 2018-0263 Legistar File ID 6/5/2018 City Council Meeting Date - Agenda Item Only N/A for Non -Agenda Item 5/8/2018 Aviation / Transportation Services Department Submitted Date Division / Department Action Recommendation: Staff recommends approval and signature of the Mayor on a lease agreement between the City of Fayetteville and the University of Arkansas Osher Lifelong Learning Institute. Budget Impact: Account Number Project Number Budgeted Item? NA Current Budget Funds Obligated Current Balance Does item have a cost? NA Item Cost Budget Adjustment Attached? NA Budget Adjustment Remaining Budget Previous Ordinance or Resolution # Original Contract Number: Comments: Fund Project Title i Approval Date: V20140710 CITY OF FAYETTEVILLE ARKANSAS WA- I If.. MEETING OF JUNE 5, 2018 TO: Mayor Lioneld Jordan Fayetteville City Council THRU: Don Marr, Chief of Staff FROM: Summer Fallen, Airport Manager DATE: May 8, 2018 CITY COUNCIL MEMO SUBJECT: University of Arkansas Osher Lifelong Learning Institute Lease Agreement RECOMMENDATION: Staff recommends approval and signature of the Mayor on a lease agreement between the City of Fayetteville and the University of Arkansas Osher Lifelong Learning Institute. BACKGROUND: The University of Arkansas Osher Lifelong Learning Institute was founded by the Bernard Osher Foundation and provides affordable education opportunities to its members. DISCUSSION: The University of Arkansas Osher Lifelong Learning Institute requests space in the Airport Terminal Building to conduct classes for 2018. BUDGET/STAFF IMPACT: The University of Arkansas Osher Lifelong Learning Institute will pay rent of $25 per day to use the space based on the Airport's standard meeting room rental rate. ATTACHMENTS: Staff Review Form City Council Memo Lease Agreement Mailing Address: 113 W. Mountain Street www.fayetteville-ar.gov Fayetteville, AR 72701 Lease Agreement bet%veen The City of Fayetteville, Arkansas And University of Arkansas, OSHER Lifelong Learning Institute The purpose of this Lease Agreement is to establish an agreement between the City of Fayetteville, Arkansas ("City") and Board of Trustees of The University of Arkansas, acting for and on the behalf of the University of Arkansas, OSHER Lifelong Learning Institute ("OLLI") for the use of space available in the City's Drake Field terminal building to conduct classes for the term stated in Item 2 below. 1. Leased Premises. For and in consideration of the rents,. covenants and agreements herein entered into and agreed upon by OLLI as obligations to the City, the City lets, leases and demises unto OLLI, subject to the terms and conditions contained herein, the following described property situated in Washington, County, .Arkansas: Drake. Field Terminal Building banquet area. 2. Term. This term shall commence on June 6, 2018. and shall end on December 31; 2018. The term of this lease may be terminated early by the Cite without cause o.nly upon sixty (60) days prior written notice. The term of this lease may be extended only upon the mutual agreement of OLLI and the City. 3. Rent. OLLI agrees to pay to City of Fayetteville as rental for the term of this lease the sum of $25.00 for each day it uses the Leased Premises. OLLI is not required to use the Leased Premises for any minimum number of days each month. The Airport Administration Office will prepare an invoice following the end of each calendar month based on the number of days the Leased Premises are used by OLLI. Each monthly payment is due on or before the last day of the month in which the invoice is received. 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 (60) business days from the due date. 4. Use. OLLI agrees to use the lease premises for classes, seminars or other events during regular operating hours of the Airport Terminal, which are 6:00 a.m 10:00 p.m. Monday through Friday and 8:00 a.m — 8:00 p.m Saturday through Sunday. OLLI shall coordinate with the Airport Administration Office if the Leased Premises are required after 4:00 p.m Monday through Thursday or at any time Friday through Sunday. Classes and events shall be scheduled through the Airport Administration Office at least two weeks in advance. OLLI will notify the Airport Administration Office of any cancelled classes as soon as possible. An OLLI staff member or representative will be present at the beginning of a day's classes to set up needed items and at the end of the day to clean up. OLLI is not required to dismantle or move its tables and chairs at the end of the day unless notified by the Airport Administration Office. 5. Preemptive Use or Access by the City. OLLI acknowledges that the Transportation Security Administration may require use of the Teased Premises for certain Admi.nistration, Office vv'ill nnake evury :'fortic" jw',atu i 12Te ri'im-a%•N4.m— The City 1.cr-Jb j 7` ;:: , .%61;: the t"1gffi¢'fes this if7 se at a >• IIIno ualiE'€g the terrn of this lcas'.' if pa>v'X'13e-n,. o-117 remt iri , Cct.if.';:Zance with [kaI'r'.' g'., --"`,.ph > above 1s not r,ccived 'within five (5) b1.3. ,'.P1.css days firo'1s le X�iae t:1`.atc, If V.1c;' lease is to '§'Qod 9 i 8"errl%5''t c zt:s property s.8'C3rXt'the Aip)-jXrt• Tn.mn.;.na.2 Jn"J..n.edualf"% y� S�. is i'ig;i`wt�%� �'ar, s ?Ar; : 1 i 4€h ",' t €i a ,'1" 'f f' -f,� r any of the available remedVeu ��dor this �;aroE;: t-�u �! ;•,..;.'.{ e e;'e';f'or��de,f`atTlvi t 1a(idtr t'lle 11',a,•";c shdl not be :;. (1 ;€;€'€,N t3 1 Yrt-,,J1 and , rLd shall no prevent 4.E eil(i C""'Ityr %r,01M i.n%,i,'AilT such. .f'. dims ! .Li �..I�Ff�' od" M ! tv ., ';5�. 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