Commerce City - File #: Ord 2066

• File #: Ord 2066
• Version: 1
• Name: Ordinance Amending the Civic Center Lease
• Type: Ordinance
• Status: Passed
• File created: 7/6/2015
• In control: City Council
• On agenda: 8/17/2015
• Final action: 8/17/2015
• Title: AN ORDINANCE AUTHORIZING A FIRST AMENDMENT TO A PREVIOUSLY EXECUTED MASTER LEASE PURCHASE AGREEMENT AND PROVIDING OTHER MATTERS RELATING THERETO

Date	Ver.	Action By	Action	Result
8/17/2015	1	City Council	approved on second & final reading
7/20/2015	1	City Council	introduced by council as seated and approved on first reading	Pass

Title

AN ORDINANCE AUTHORIZING A FIRST AMENDMENT TO A PREVIOUSLY EXECUTED MASTER LEASE PURCHASE AGREEMENT AND PROVIDING OTHER MATTERS RELATING THERETO

Body

Summary and Background Information: 

•                     On February 21, 2006, the City Council approved the master lease for the Civic Center.

•                     The master lease is dated May 1, 2006.

•                     Because of the release of the small parcel of land for the sale to the Fire District, the lease between the City and the Finance Authority must be amended.

•                     The attached first amendment to the lease more properly identifies the leased property after the release of the small land parcel (portions of Lot A and Lot B).

Staff Responsible (Department Head):  Roger Tinklenberg

Staff Member Presenting:  Roger Tinklenberg

Financial Impact:  N/A

Funding Source:  N/A

Staff Recommendation:  Staff recommends approval