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HomeMy WebLinkAbout20102012.tiff RESOLUTION RE: APPROVE AMENDMENT TO LEASE AGREEMENT FOR THE GREELEY BUILDING AND AUTHORIZE CHAIR TO SIGN - COLORADO RECOVERY PROPERTIES, LTD. V PARTNERSHIP WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS,the Board has been presented with an Amendment to the Lease Agreement for The Greeley Building between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Department of Human Services, and Colorado Recovery Properties, Ltd. V Partnership, commencing September 1, 2010, and ending September 30, 2011, with further terms and conditions being as stated in said amendment, and WHEREAS,after review,the Board deems it advisable to approve said amendment, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Amendment to the Lease Agreement for The Greeley Building between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Department of Human Services, and Colorado Recovery Properties, Ltd.V Partnership, be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign said amendment. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 1st day of September, A.D., 2010. BOARD OF COUNTY COMMISSIONERS ELD COUNT , ORADO ATTEST: /iv o la adem he , h it Weld County Clerk to the rd : ° "-+ p t ara Kirkmeyer, P -Tem Deputy Clerk to the Board ,;','r> ° J 1 -__ , Sean P. Y APPS ED M: William F. Ga "a Con Attorney EXCUSED David E. Long Date of signature: 9% Qf . \AS 3 0rtcg1 4S D /� OO3- ID 2010-2012 HR0081 MEMORANDUM fa vii6 DATE: August 30.2010 (---- leTO: Douglas Rademacher,Chair, Board o£Co ty Commissioners FROM: Judy A. Griego, Director, Human Service i p nC 'LP COLORADO RE: Lease Agreement for Services between the Weld County Department of Human Services and Colorado Recovery Properties. Ltd. V. Partnership Enclosed for Board approval is an Amendment to the Lease Agreement between the Department and Colorado Recovery Properties, Ltd. V. Partnership. This Agreement was presented at the Board's August 30,2010.Work Session. This Amendment is for the rental of the Greeley Building located at 710 11m Avenue, Greeley, Colorado, for the Department's Family Education Center for a new rate in the amount of $3,651.00 per month for the final term of October 1, 2010 through September 30, 2011. This represents a decrease. Our current rate is $4,335.00 per month. If you have any questions,give me a call at extension 6510. 2010-2012 AMENDMENT TO LEASE AGREEMENT BETWEEN THE BOARD OF COUNTY COMMISSIONERS, WELD COUNTY,STATE OF COLORAOD BY AND ON BEHALF OF THE WELD COUNTY DEPARTMENT OF HUMAN SERVICES AND COLORADO RECOVERY PROPERTIES,LTD.V PARTNERSHIP This Amendment,made and entered into the day of August 2010,by and between the Board of County Commissioners,on behalf of the Board of County Commissioners, Weld County,State of Colorado,by and on behalf of the Weld County Department of Human Services,hereinafter referred to as"Lessee,"and Colorado Recovery Properties,Ltd. V Partnership hereinafter referred to as"Lessor." WITNESSETH WHEREAS,the parties desire to modify their current Lease agreement in order to decrease the financial obligations of the parties;and WHEREAS, Human Services has budgeted,appropriated,and otherwise made available funds,and WHEREAS,the parties desire by this amendment to approve the terms of the amendment to the original lease. NOW THEREFORE, in consideration of the premises,the parties hereto covenant and agree as follows: FINANCIAL OBLIGATIONS OF THE PARTIES is hereby revised to reflect the following: A. The above building space and parking spaces shall be leased to the Lessee from October 1,2008 through September 30,2011,at and for a rental for the full term aforesaid of One Hundred Forty Three Thousand Five Hundred Thirty Two and no/100 Dollars($143,532.00). Said rent shall be payable in monthly installments as follows: - Four Thousand Ninety Five and no/100 Dollars($4,095.00) per month for the first 12 months of the term(October I,2008,through September 30,2009); - Four Thousand Two Hundred Fifteen and no/100 Dollars($4,215.00)per month for the second 12 months of the term (October I,2009 through September 30,2010);and - Three Thousand Six Hundred Fifty One and no/100 Dollars($3,651.00)per month for the third and final twelve(12)months of the term(October 1,2010 through September 30,2011). Each monthly installment shall be payable in advance on or before the first day of each calendar month during said term at the office of the Lessor. This Amendment,together with the original Lease agreement,constitutes the entire understanding among the parties with respect to the subject matter hereof, and may not be changed or modified except as stated in the Lease agreement. 1 2008-2576(Amendment 1) IN WITNESS WHEREOF,the parties he , : - duly executed this Agreement as of the day,month,and year first above written. ' T= \ TENANT: ATTEST: ,f c>( . BOARD OF COUNTY COMMISSIONERS 1S61 • ;-# WELD COUNTY,COLORADO Weld County Clerk to the :oar j1 '�t'Ctti ----I deputy Clerk to J e Board '%,!;. Chair Dougla Rademacher APP AS T SEP 0 1 2010 Cou omey LESSOR: 2NAine, ¼ft0 RRE t O YPP IES,LTD.V PARTNERSHIP By: Thomas&Tyler,LLC -eneral Manager) Greeley,Colorado STATE OF COLORADO ) COUNTY OF WELD ) �� �-, I M ',�l}— iT B$PXI73 O _IsinO Lo before me this-- day of /1)/U�IA,I ,2010,by WITNESS my hand and official seal. 'I `\ k ''... A. ,� '_ 1-3-t (iltftQ -/ NOTA2r y c m Notary Public = rUSLIC O My commission expires: / is I d OI li %�fF 'O 2 2008-2576(Amendment 1) Hello