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HomeMy WebLinkAboutResolution - 2849 - Lease Agreement- Putt Putt Golf Courses- Property, Lot 205 Midway Park Addition - 05_26_1988Resolution #2849 /`. May 26, 1988 �i Item 24 1 JWF:dw RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to execute for and on behalf of the City of Lubbock a lease agreement between the City of Lubbock (as Lessor) and Putt -Putt Golf Courses of America, Inc., a corporation (as Lessee), covering property owned by said City which is a portion of Lot 305, Midway Park Addition to the City of Lubbock, Lubbock County, Texas, attached herewith, which shall be spread upon the minutes of the Council and as spread upon the minutes of this Council shall constitute and be a part of this Resolution as if fully copied herein in detail. Passed by the City Council this ,26th day of May , 1988. e Boyd, City Secretary ED AS TO CONTENT: Zerr*4mith, Director of Building Services APTU TO FORM: J ort Fu lingim, Assistant ty t orney B. C. McMINN, MAYOR Res. #2849 LEASE THE STATE OF TEXAS § COUNTY OF LUBBOCK § The City of Lubbock, A Home Rule Municipality located in Lubbock County, Texas, herein called "LESSOR", and Putt -Putt Golf Courses of America, Inc., a Corporation, herein called "LESSEE", both Lessor and Lessee acting through their respective officers and/or representatives undersigned and hereunto authorized to act in their respective behalf do hereby mutually agree as follows: LESSOR hereby leases to LESSEE that tract or parcel of land located in the City of Lubbock, Lubbock County, Texas, described as follows: BEGINNING AT A POINT which bears North 1094.72 feet and East 910.31 feet from the Southwest corner of Section 17, Block "B", Lubbock County, Texas; THENCE North 53054' East a distance of 60 feet to a point; THENCE North 36006' West a distance of 219.63 feet to a point; THENCE South a distance of 101.88 feet to a point; THENCE South 36106' East a distance of 137.31 feet to the POINT OF BEGINNING. Said property is out of and a part of property described as Lot 305, Midway Park Addition to the City of Lubbock, Lubbock County, Texas. To hold the same to the LESSEE for an initial fifteen (15) year term beginning the first day of June, 1988 and ending the 31st day of May, 2003. This Lease shall automatically be renewed and extended for an additional ten (10) year term beginning the first day of June, 2003 and ending the 31st day of May, 2013, unless Lessor or Lessee give one hundred twenty (120) days written notice to the other party prior to expiration of the initial fifteen (15) year term by certified United States Mail to such other party addressed to Lessor at P. O. Box 2000, Lubbock Texas 79457, or the last known address of Lessor or, if to Lessee, then address to P. O. Box 35237, Fayetteville, North Carolina 28303, or last known address of Lessee, such notice to state that Lessor or Lessee, as the case may be, does not intend to renew the lease for another ten (10) year period. This Lease is entered into under the following terms and conditions: 1. The LESSEE shall pay to Lessor rent in advance during the life of this lease, a monthly rental of $100.00 per month, the first such payment being due the first day of June, 1988, and successive monthly payments shall be made on the first day of each subsequent month thereafter during the life of this lease. 2. The LESSEE shall not assign or sublet the premises or any part thereof without the consent of Lessor's City Manager in writing. Lessee shall not commit or permit any illegal use of the property leased hereby. 3. The terms of this lease cannot be modified or altered except by written amendment hereto. 4. LESSEE and Lessor each bind themselves and their respective successors and assigns in respect to all terms and covenants of this lease. 5. LESSOR has certain water lines in, under, and across the premises hereby leased, and reserves the right of ingress, egress, and regress for the purpose of inspecting, replacing, reconstructing, constructing, repairing, and maintaining such water lines and appurtenances thereto, or placing such new water lines and appurtenances thereto and maintaining or replacing such new lines as may be necessary to properly operate Lessor's water system for benefit of the public. If Lessor damages any of Lessee's paving improvements in exercising the rights reserved unto Lessor in this Section of this lease, Lessor agrees to repair such damage or cause such repairs to be made at Lessor's expense. 6. Paving improvements for access roads and parking lots will be done at Lessee's expense according to a plan of layout and design as shown on a plat marked "Exhibit All and made a part hereof for all purposes. Relocation of fences will be done as shown on said Exhibit A at Lessee's expense, and such fence relocation shall be accomplished by Lessee in such time manner as shall be satisfactory to the Lessor's Director of Water Utilities to the end that such fence relocation shall not interfere with Lessor's water utility system operations. Such paving and -2- fencing improvements shall become the property of the Lessor upon the end or termination of this lease. 7. The LESSEE shall use the premises hereby leased as a parking lot to serve its adjacent recreational enterprise, and agrees to comply with all Zoning Ordinances and Regulations, Building Codes, Subdivision Ordinances and Regulations, and Sign Ordinances and Regulations, all such ordinances and regulations being passed and/or promulgated by the City of Lubbock, Texas, applicable to Lessee's construction of access roads and parking lots, erection of signs, fencing, and applicable to Lessee's operations conducted upon the leased premises. 8. LESSEE shall keep and maintain the premises leased hereby and all improvements thereon situated in an attractive, safe, clean, and orderly manner during the life of this lease at Lessee's expense, and shall continue to mow and maintain at Lessee's expense the adjacent Lessor's property which Lessee has been previously maintaining. The Lessee agrees to hold the Lessor harmless from all claims for any damage to any person or property in or upon the leased premises. 9. LESSOR may terminate this lease for cause after a thirty (30) day written notice to Lessee to cure any default or non- compliance with the terms of the lease, and such default or non- compliance is not cured by Lessee within such thirty (30) day period. 10. LESSEE shall place curb or parking bumpers in parking lots parallel to any fences to protect such fences at Lessee's expense. Lessee, at Lessor's request, shall forthwith install a curb stop or rail along and parallel to the north boundary line of adjacent Lessor's property at Lessee's expense. -3- EXECUTED this _ 19th day of May , 1988. CITY OF LUBBOCK (LESSOR) BY: f L •'0* =� C. MCMINN. MAYOR APPRO ED A TO FORM: J. North- u lingim, Assis nt C' Attorney PUTT -PUTT GOLF COURSES OF AMERICA, INC. BY: J::� ITS•ir CHAIRMAN OF TH BOARD (Title) THE STATE OF NMTH CAR0[,INA § • • • Jyi: p' y �,� BEFORE ME, the undersigned authority, a Notary Public in and for said County and State, on this day personally appeared DON CLAYTON , known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same as the act and deed of PUTT -PUTT GOLF COURSES OF AMERICA, INC., a Corporation and as its Chairman of the Board (Title) for the purposes and consideration therein expressed and in the capacity therein staffed i i;IVENyUNDER MY HAND AND SEAL OF OFFICE this 19th day of_ - '" rMay = 1988. -_ My. Commission Expires: 1-20-91 Notary Public Cumberland County, State of North Carolina THE STATE OF TEXAS § COUNTY OF LUBBOCK § BEFORE ME, the undersigned authority, a Notary Public in and for Lubbock County, Texas, on this day personally appeared B. C. McMINN, known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same as the act and deed of the CITY OF LUBBOCK, Texas and as its MAYOR for the purposes and consideration therein expressed, and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this �� day of 1988. Notary Public, Lubbock County, Texas MY CQMMISSION EXPIRES NOVEMBER 30, 1989 OLIVIA R. SOUS -4-