Loading...
HomeMy WebLinkAboutResolution - 2013-R0219 - Amendment To Agreement - EAN Holdings - 07/11/2013Resolution No. 2013-RO219 July 11, 2013 Item No. 5.12 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock is hereby authorized and directed to execute for and on behalf of the City of Lubbock, an Amendment to Lease Agreement, by and between the City of Lubbock and EAN Holdings, LLC d/b/a Enterprise Rent-A-Car, and related documents. Said Amendment is attached hereto and incorporated in this resolution as if fully set forth herein and shall be included in the minutes of the City Council. Passed by the City Council on July 11, 2013 I '0�&/ GLEN O ' ON, MAYOR ATTEST: Retie ca Garza, City Secretary APPROVED AS TO CONTENT: aures . Loomis, Executive Director of Aviation APPROVED AS TO FORM: Chad Weaver, Assistant City Attorney vw:ccdocs RES.Amend Agrmt-Enterprise May 23, 2013 Resolution No. 2013-RO219 STATE OF TEXAS § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF LUBBOCK § AMENDMENT TO LEASE AGREEMENT This Agreement is entered into by the CITY OF LUBBOCK (referred to herein as "City"), a Home Rule Municipality of Lubbock County, Texas, and EAN HOLDINGS, LLC d/b/a ENTERPRISE RENT -A -CAR (referred to herein as "Lessee"). WITNESSETH: WHEREAS, City and Lessee executed a Lease Agreement on the 26`h day of July, 2012, in which Lessee was granted the right to operate an automobile rental service for ground transportation for passengers arriving at and departing from the Airport; and WHEREAS, Lessee leases 20,000 square feet of land for a service facility and desires to lease an additional 48,000 square feet in the airport's overflow parking lot for additional parking; and WHEREAS, the additional leased area is part of a larger parking lot used for overflow parking during high traffic periods; and WHEREAS, the Lessee shall provide and pay for fencing and gate materials to enclose its leased premises; and WHEREAS, City agrees to provide the Lessee with non-exclusive access to the traffic lane to allow the Lessee to enter and exit the leased premises without any interruption; and WHEREAS, City or Lessee may terminate leasing the additional 48,000 square feet in the airport's overflow lot at any time upon not less than three (3) months advance written notice, NOW THEREFORE, Lessor and Lessee agree to amend the following: L Article Four, A. 2. Ground Lease (Service Facility), is amended as follows: "For each month that this lease is in effect, the Lessee shall pay to the City rentals for a ground lease on an area to be used as a service facility and consisting of 68,000 square feet of exclusive lease area, as shown on Exhibit `B" and `B V, at the rate of $0.1675 per sq. ft. per year. On January 1, 2014, and each year thereafter on the same month and day for the remainder of the term of this Agreement, the rental rate for the area to be used as a service facility shall be adjusted upward or downward in accordance with the increase or decrease for the preceding twelve (12) months in the Consumer Price Index published by the Bureau of Labor Statistics of the United States Government. In regard to the property described on Exhibit `B 1 ", the following provisions shall apply: (a) The Lessee shall pay for and install the fencing and gate materials; (b) The City shall provide non-exclusive access to the traffic lane to allow the Lessee to enter and exit the property without interruption; and (c) City or Lessee may terminate the lease of the property described on Exhibit B 1 upon three (3) months advance written notice to the other party." This amendment shall become effective July 11, 2013. Executed this u th day of CITY OF LUBBOCK MW 0 2013. EAN HOLDINGS, LLC d/b/a ENTERPRISER NT -A -CAR BY: �[J Howard Wcff General anagerNice President ATTEST: Date: DA A Re ecca Garza, City Se tart' Page 2 4,17 -13 APPROVED AS TO CONTENT: 14 W. Loomis, Executive Director of Aviation APP AS TO FORM: Chad Weaver, Assistant City Attorney Page 3 v rn z N go O ® D LBB OVERLFOW LOT � In zmz §@ 9 cn a S A N£ x m rn o 8 5 �, z m X :E cc) —i CD \ §] $ > LBB OV RL Ow LOT § § 8r » § $� ? \ R