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HomeMy WebLinkAbout850572.tiff RESOLUTION RE: ASSIGNMENT OF LEASE FOR CERTAIN PROPERTY IN AULT, COLORADO, FROM BOARD OF COUNTY COMMISSIONERS OF WELD COUNTY TO HIGHLAND FEEDERS, INC. 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 of County Commissioners of the County of Weld leased certain property in Ault, Colorado, by lease dated February 15 , 1974 , from the Union Pacific Railroad Company for a term of ten (10) years commencing December 1 , 1983 , unless sooner terminated unless therein provided, to be used as a site for road equipment maintenance shops, and WHEREAS, by instrument dated November 11 , 1983 , said lease was amended and the term thereof extended to, and including, November 30 , 1988 , and WHEREAS, the Board of County Commissioners of the County of Weld desires to assign all of the right, title, and interest in and to said lease to Highland Feeders, Inc. , with the consent of the Union Pacific Railroad Company. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the assignment of said lease is hereby accepted and the Chairman is authorized to sign the assignment which is attached hereto and is made a part hereof by reference. 8 50 57 2 r L" Gobtfl PAGE 2 RE: ASSIGNMENT - HIGHLAND FEEDERS, INC. , LEASE The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 17th day of July, A. D. , 1985 , nunc pro tunc June 19 , 1985. � (�n.� � BOARD OF COUNTY COMMISSIONERS ATTEST: I WELD COUNTY, COLORADO Weld County C rk and Recorder FxongFr) and Clerk to the_ Bcyrd Ja eline Johnson, Chairman By: /XJ/!/ Deputy chanty rk Gene . Brantn -Tem APPROVE AS T • County Attorney ac Fra amagu t UNION UNION PLJFIC PACIF IMO SYSTEM Union Pacific Railroad 1416 DODGE STREET Missouri Pacific Railroad OMAHA,NEBRASKA 68179 C.O.DURHAM DIRECTOR-REAL ESTATE D.D.BROWN EASTERN DISTRICT R.F. NIEHAUS WESTERN DISTRICT NORTHWESTERN DISTRICT ASST.DIRECTOR-REAL ESTATE DIRECTOR-SYSTEM PROJECTS DISTRICT REAL ESTATE DIRECTOR DISTRICT REAL ESTATE DIRECTOR DISTRICT REAL ESTATE DIRECTOR AND PROPERTY MANAGEMENT R.D.RICE D. H.LIGHTWINE M.A.PASSO A.O.MEYER MANAGER-SYSTEM PROJECTS REAL ESTATE AGENTS REAL ESTATE AGENTS REAL ESTATE AGENTS L.L.DOLL R.J.ZADINA D.R. RECHTENBACH F.B.SHARAR MANAGER-REAL ESTATE ENGINEERING T.J.STENSTROM W.T.GALLO P.G.FARRELL R.W.CHRISTENSEN M.S.SCHULTE D.R.LEWIS W.L. LOFFER REAL ESTATE AGENT P. L.WHITE J. E.MATZA G.B.COLLINS MANAGER-TITLES&CONVEYANCES October 8, 1985 157-37 WELD COUNTY COR;n'f"sJONrp, County of Weld 419$5 1 P.O. Box 758 OCT Greeley, Colorado 80632 , J Gentlemen: : Herewith fully executed copy of Assignment from the County of Weld to Highland Feeders , Inc . , and Consent to Sublease from Highland Feeders , Inc. to the County of Weld, signed in connection with the Railroad Company' s right of way at Ault , Colorado, covered by lease OMA-2027 . Very truly urs , Attach. CC: Highland Feeders , Inc . P.O. Box 366 Ault , Colorado 80610 • awn COMMA .-,.usaonS COPY FORM 2210 ASSIGNMENT This Assignment to be attached to Agreement: Audit No. OMA-2027 Folder No. 157-37 Between UNION PACIFIC RAILROAD COMPANY (Lessor) and COUNTY OF WELD, STATE OF COLORADO (Lessee) Present Assignee - Covering road equipment maintenance shops Location - Ault, Weld County, Colorado Dated: Feb. 15 , 1974 Eff. Date : Dec . 1 , 1973 Orig. Exp . : Nov. 30 , 1983 Expiration (by latest extension) November 30 , 1988 THIS AGREEMENT, made and entered into this 19th day of June , 1985 , by and between COUNTY OF WELD, STATE OF COLORADO, of P.O. Box 758 , Greeley, Colorado 80632 (hereinafter called "Assignor" ) , party of the first part , HIGHLAND FEEDERS , INC. , a corporation of the State of Colorado, of P .O. Box 366, Ault , Colorado 80610 (hereinafter called "Assignee") , party of the second part , and UNION PACIFIC RAILROAD COMPANY , a corporation of the State of Utah, (hereinafter called "Company" ) , party of the third part, WITNESSETH: It is mutually covenanted and agreed by and between the parties hereto as follows: Section 1 . The Assignor, for a valuable consideration, does hereby sell , assign, transfer and set over to the Assignee all of the Assignor' s right, title and interest in and to the agreement above described . Section 2. The Assignee hereby accepts the above ass*gnment and agrees to be bound by and to perform and observe fully and faithfuLly all of the covenants , stipulations and conditions contained in said agreement to be performed and observed by the Assignor and assumes all liabilities mentioned in said agreement to be assumed by the Assignor. Section 3 . The Company , in consideration of the covenants and agreements of the Assignor and the Assignee herein contained, gives its consent to the aforesaid assignment; PROVIDED, however, that such consent shall not be deemed or construed to authorize any further assignment of said agreement , whether voluntary, by operation of law, or otherwise without the consent in writing of the Company thereto first had and obtained; and PROVIDED, FURTHER, that , as between the Assignor and the Company, neither said assignment nor anything herein contained shall be construed as releasing the Assignor, in the event of default by the Assignee , from the obligation to perform all of the covenants contained in said agreement to be performed by the Assignor, or from any of the liabilities assumed by the Assignor under said agreement. Section 4. This agreement shall be considered as taking effect as of the 1st day of December, 1984. Section 5 . In further consideration of the consent of the Company, the Assignee shall pay to the Company the sum of ONE HUNDRED DOLLARS ($100.00) upon the execution and delivery of this instrument. Witness : UNION PACIFIC RAILR COMPANY By `^ Director-Real Estate Witness : �yy� _ n �u COUNTY OF WELD r iR.t-(J t�.w�n STATE OF COLORADO X �i� Ce / I' X rofem Cha an of the Board Witness : HIGHLAND FEEDERS , INC. X �� e « X // ,��'t`� _K -J �a�y��as�sid4' Hello