HomeMy WebLinkAbout660200WELD COUNTY MUNICIPAL AIRPORT
LEASE AGREEMENT
CHARLES EASTON:
BE IT RESOLVED, that the Board of County Commissioners believes it
to be to the best interest of the County to approve the signing of a lease
agreement between the Weld County Municipal Airport Board, said Board acting
as agent for the combined interests of Weld County, Colorado, and the City of
Greeley, and Charles Easton of Greeley, Colorado.
The above and foregoing resolution was, on motion duly made and
seconded, adopted by the following vote:
AYES: i-;re
DATED: MARCH 30, 1966
APPROVED: C;Clns-s de/Casecr—S2---
County Attorney
MB: 33 Page
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Ct,«,=.'
E BOARD OF COUN1tY`COMMISSIONERS
WELD COUNTY, COLORADO
660200
LLA5L AUticaMr.111
January
THIS AGREEMENT made and entered into this 15th day c) Wid k, 1966,
between the CITY OF GREELEY and the COUNTY OF WELD, acting through and
by its agent, WELD COUNTY MUNICIPAL i IRPOhT BOARD, hereinafter referred
to as LESSOR, and CHARLES EASTON, of Greeley, Colorado. hereinafter
referred to as LESSEE, ;NI TNESSETH
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 following described property;
1. A space at the Weld County Municipal Airport 35' x 85' known
as the Hail Shed location, space No. 12A occupied by Lessee,.
2. The term of this lease shall be from the fifteenth day of January,
1966, to the fifteenth day of January 1971, and Lessee agrees to pay
Lessor as rent for the term aforesaid, the sum of one hundred forty eight
dollars and seventy five cents ($148.75) per term, payable in monthly
installments of $12.40 each, in advance, commencing on the fifteenth day
of January, 1966, said rental being computed on a five cent per square
foot per year basis.
3. It is further agreed that Lessee shall have the right and option
to renew this lease for an additional term of five (5) years upon
giving notice to Lessor of his desire to renew or extend this lease sixty
days before the expiration of this lease; provided, however, that the
rental for the demised premises shall not be increased more than one (1)
cent per square foot on a per annum basis for said option period.
4. Lessee agrees that he will hangar his own plane or planes in
said building and that he will use said building for no other ;purposes
without prior consent of Lessor through its authorized agents: that he
will not asign this Lease agreement without the written consent of
Lessor through its authorizeded agents; that he will throughout the
term of this agreement, compTv .filth all the rules and regulations in effect
from time to time concerning the use of and operation from the Neld County
Municipal Airport.
5. It is further e may reed that the Lessee at the expiration of
the primary term or at the expiration of any option period remove any
improvements from the location upon the airport; subject, however, to
the condition that in the event Lessee is in default in the payment of
its agreed annual rent as above provided, then and in that event Lessor
shall Lave a lien against said improvements for the balance of said
rental for the remainder of said primary term or extension thereof,
6. Should Lessee fail, refuse or neglect to pay the rent as herein
erovided, or should Lessee breach any other of the terms and conditions
of this agreement, Lessor shall become entitled to repossess the demised
premises as its first and former estate, upon giving to Lessee notice of
such breach in writing, either served upon Lessee personally or mailed
to hire at the above address orb
by posting the same on the demised premises
at lease thirty (30) days in advance. If at the end of such thirty_
day period following the service of said notice, such breach has not
been remedied and Lessee should refuse to vacate said premises. Lessor
may use such remedy as it may deem fit under the circumstances to
repossess the same with or without process of law.
7. In consideration of this lease and the nominal rental charged
Lessee therefor, Lessee agrees that Lessor shall not be responsible to
Lessee for any damages to Lessee, his property or employees arising
from the storage of planes, floods, windstorms, fires, or the use of the
airport by other persons.
WELD COUNTY MUNICIPAL AIhi-URr BOARD,
Lessor
ecretary
Ai l+ HUV D by the CI IY OF GREELEY,
COLON DO
BY: /
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city /Attorney
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Lessee
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AF FtOVLD by the F3G HD OF COUNTY
OOMMISSIONER;;, WELD ODUJN y, COLORADO
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County Attorney
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