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HomeMy WebLinkAboutR2003-003RESOLUTION NO. /~-~P~,~- ~ff~,~ A RESOLUTION LEASING PARKING SPACES LOCATED ON THE WILLIAMS TRADE SQUARE; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Denton has improved and maintained the area known as the Williams Trade Square"; and WHEREAS, such improvements include paved parking spaces; and WHEREAS, the City of Denton desires to continue to lease parking spaces in order to recover the costs of the maintenance and improvements; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES: SECTION I. The City Manager of the City of Denton, Texas, is hereby authorized to execute an agreement between the City of Denton and the County of Denton to lease parking spaces at the "Williams Trade Square," a copy of which agreement is attached hereto and incor- porated by reference herein. SECTION 2. This resolution shall become effective immediately upon its passage and approval. PASSED PROVED the of ,2003. EULINE BROCK, MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY AP~PROVED AS TO LEGAL FORM: HERBERT L. PROUTY, CITY ATTORNEY THE STATE OF TEXAS § COUNTY OF DENTON § AGREEMENT BETWEEN THE CITY OF DENTON AND THE COUNTY DENTON LEASE AGREEMENT This Agreement is made and entered into by and between the City of Denton, Texas, hereinafter referred to as Lessor, and Denton County, Texas, hereinafter referred to as Lessee. WlTNESSETH: 1. Lessor leases to Lessee and Lessee leases from Lessor fifteen (15) parking spaces at the Williams Trade Square for a period of twelve (12) months commencing on the 1st day of October, 2002 and ending on September 30, 2003, at a monthly rate of seventeen dollars and fifty cents ($17.50) each to be occupied as a parking lot only. 2. Lessee will pay the rent monthly on the 1st day of month. 3. Lessee agrees to allow Lessor to have free access to the premises; to leave the premises, on termination of the lease, in good repair; not to assign nor sublet the premises or any part thereof; and to hold Lessor harmless and indemnify Lessor from any claim, damages or loss resulting from the use of the parking lot as to any use of said premises by Lessee. 4. Lessor will provide the five (5) members of the Commissioners Court with a sticker permit authorizing parking in the Courthouse Square area without time limit, to be in effect during the term of this Agreement. 5. Lessor will provide the Facilities Director of Denton County with a sticker permit authorizing parking in the Courthouse Square area without time limit, to be in effect for one (1) year from the commencement of this Agreement. 6. Lessor will provide twenty-one Tuesday-only sticker permits authorizing parking in the Courthouse Square area on Tuesday momings (8:00a.m.-12:00p.m.) without any two hour time limits. These permits shall be in effect during the term of this agreement. 7. Lessee shall have the option to extend this Lease for eight (8) successive terms of twelve 12) months each at such rental that the City Manager shall establish. To exercise the option to extend, Lessee shall give Lessor sixty (60) days written notice of its intent to renew the Lease. Upon receipt of such notice, the City Manager shall give Lessee written notice of the increase, if any, in rental. Increases in rental shall be based upon economic conditions. IN W~SS WI~REOF, the parties hereto have executed this Agreement to be effective th~/-17- day of~I~f/LLU~ ,2003. LESSEE LESSOR Denton County Texas 1110 West Hickory Denton, Texas 76201 City of Denton 215 E. McKinney Denton, Texas 76201 HONORABLE M, AtRY HORN HONORABLE EULINE BROCK COUNTY JUDGe' / -o~'-O3 MAYOR ATTEST' ..-'x~k~.n.,. ,.t'~ST: AND EX OFFICIO CLERIQ~..-'~r~ THE CO~ISSlO~RS APPROVED AS TO LEGAL FORM APPROVED AS TO LEGAL FORM ASSISTANT DISTRICT ATTORNEY HERBERT PROUTY, CITY ATTORNEY BY: S:\Our Documents\Contracts\03\Williams Trade Square Lease2.doc