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HomeMy WebLinkAbout850636.tiff RESOLUTION RE: APPROVE LEASE CONCERNING PROPERTY OWNED BY WELD COUNTY TO HIGHLAND FEEDERS, INC. AND AUTHORIZE CHAIRMAN TO SIGN 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, State of Colorado, deems it necessary to lease the property located at 239 E. 4th Street, Ault, Colorado, and described as Lots 1 through 11 , Block 2 , 1st Pence Subdivision to the Town of Ault, Weld County, Colorado, to Highland Feeders , Inc. , P. O. Box 366 , Ault, Colorado 80610 , and WHEREAS , a copy of said Lease is attached hereto and incorporated herein by reference. NOW, THEREFORE BE IT RESOLVED by the Board of County Commissioners of the County of Weld, State of Colorado, that the Lease of said property to Highland Feeders , Inc. he, and hereby is , approved. BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is, authorized to sign said Lease. The above and foregoing Resolution was, upon motion duly made and seconded, adopted by the following vote on the 21st day of October, A.D. , 1985 . �� BOARD OF COUNTY COMMISSIONERS ATTEST: e l ;akt, L, ,A,, - "+ ',:dr✓ WELD COUNTY, COLORADO Weld County Clerk and Recorder n�c �p and Clerk to the Board J dine nson, Chairman B ut ii a k' .P ee°�S a BY: J Deputy t_x lI)nn , County C1 r gene n ner, Pro-Tem APPRO D AS TO FORM C. F7. K ) County Attorney Go Frank Yamaguchi U50u3t, LEASE THIS AGREEMENT made and entered into this 21st day of October , 1985 , by and between BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF WELD, STATE OF COLORADO, hereinafter referred to as "Lessor, " and HIGHLAND FEEDERS, INC. , hereinafter referred to as the "Lessee, " WITNESSETH: That for and in consideration of the rental herein agreed to be paid by Lessee to Lessor, and the covenants and agreements herein agreed to be kept and performed, Lessor hereby leases to Lessee for the term hereinafter designated, the building located at 239 East 4th Street, Ault, Colorado, and described as Lots 1 through 11 , Block 2 , 1st Pence Subdivision to the Town of Ault, Weld County, Colorado. SECTION I. TERM Q- Oc4obsc 1 . TERM - The term of this Lease shall be from the date -L ,,sa-Heve- wr-ittcn to Oc_4_.., er ( , 1986, and this Lease shall continue in effect from year to year for a period not to exceed three consecutive years, unless either party shall give written notice to the other of termination not less than ninety (90) days prior to expiration of this Lease or renewal thereof. Lessee shall have the right to extend the term of the lease up to six (6) months for the purpose of an orderly vacation of the premises. SECTION II. RENTAL The rental to be paid by Lessee to Lessor shall be the sum of FOUR THOUSAND DOLLARS ($4 ,000 .00) annually. Said rental payment shall be payable in advance. Said payment shall be made to: County of Weld, State of Colorado, 915 Tenth Street, Greeley, Colorado 80631 . SECTION III. ACCESS TO BUILDING Lessor shall have access to the building for the purpose of running the electric pumps for fuel. SECTION IV. USE OF PREMISES Lessee agrees to use the premises for the sole purpose of storing and selling feeds and seeds and Lessee further agrees that Page 1 of 3 Pages it will not use said space or allow any other person to use said space for any other purposes without the prior written consent of Lessor. SECTION V. UTILITIES Lessee shall furnish, at his own expense, water, electricity, heat, and all other utilities used by it on the premises. SECTION VI. MAINTENANCE OF PREMISES Lessee shall, at its sole expense, keep and maintain the leased premises in a clean and sanitary condition. The Lessee further agrees that upon termination or expiration of this Lease, the Lessee shall thoroughly clean the premises to the condition that they were in prior to the Lessee' s occupancy and shall take necessary measure to ensure that any rodents or pests in said building have been exterminated. SECTION VII. RIGHT OF INSPECTION Lessor reserves and retains for its officers , employees and authorized representatives, the full right to enter the premises for the purposes of inspecting or protecting such premises . However, unless an emergency exists, such an inspection shall occur during Lessee ' s regular business hours upon prior notice, and admission to the premises by Lessee shall be obtained whenever practical . SECTION VIII. INDEMNIFICATION Lessee covenants and agrees that he will indemnify and save harmless Lessor from all demands, claims, costs, causes of action or judgments and from all expenses that may be incurred in investigation or resisting the same, arising from or growing out of any act or negligence of Lessee, its contractors, agents, employees, invitees, servants, subtenants , successors or assigns in connection with its occupancy of said premises. SECTION IX. DAMAGES TO PREMISES The Lessee further agrees to reimburse the Lessor for any damage which may occur to the premises as a result of the Lessee ' s negligence during the term of this Lease. Lessee shall be responsible for the contents of the premises and shall carry adequate insurance for the same and provide a Certificate of insurance to Lessor. Page 2 of 3 Pages SECTION X. NON-ASSIGNMENT Lessee shall not assign any of its rights to the lease agreement, in whole or in part, without the prior written consent of Lessor. SECTION XI. DEFAULT Should Lessee fail, refuse, or neglect to pay any rent as herein provided or should Lessee breach any of the terms and conditions of this lease agreement, Lessor shall become entitled to repossess the demised premises upon giving Lessee notice of such breach in writing pursuant to Colorado law. DATED this 21st day of October , 1985 . LESSEE: ATTEST: HIGHLAND FEEDERS, INC. By: -17 d. S BY:T zr/rge//.11el4 Secretary' President ; LESSOR: ATTEST: Q Alibo.to, BOARD OF COUNTY COMMISSIONERS f WELD COUNTY, COLORADO Weld County Clerk and Recorder and Clerk to then Board Cl BY: 1�/iyt�, n') ere L B \ 01 4 . , a Deputy County C er Jacque ne J.' n_on, Chairman Page 3 of 3 Pages vetii, fl'IEfllORRflDUITl Wale Board of County ^- To Commissioners Date October 17 , 1985 COLORADO From Bruce T. Barker, Assistant County_ Attorney Subject. Leases With Highland Feeders , Inc. , For Various Properties in Ault, Colorado _______ Two leases with Highland Feeders , Inc. , need to be considered by the Board. Weld County owns one building and Highland Feeders owns another building in Ault, Colorado. Highland Feeders has been leasing and using the building owned by Weld County. Weld County now wishes to lease the building owned by Highland Feeders. In addition, the lease of the building owned by Weld County to Highland Feeders must be extended. As a result, two leases have been formulated with nearly identical terms . Both buildings will be leased for a sum of $4,000 annually. The Board must act on both leases and authorize the Chairman' s signature on both if they are approved. ----- , ----- Bruce T. Barker BTB:rm Hello