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HomeMy WebLinkAbout20151702.tiff RESOLUTION RE: APPROVE FOURTH AMENDMENT TO OFFICE LEASE AGREEMENT AND AUTHORIZE CHAIR TO SIGN-COLORADO LIVESTOCK ASSOCIATION, FKA COLORADO CATTLE FEEDER'S ASSOCIATION 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 a 4th Amendment to the Office Lease Agreement 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 Buildings and Grounds, and Colorado Livestock Association, fka Colorado Cattle Feeder's Association, commencing upon execution of signature, with further terms and conditions being as stated in said amendment, and WHEREAS, after review, the Board deems it advisable to approve said amendment for, 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 4th Amendment to the Office Lease Agreement 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 Buildings and Grounds, and Colorado Livestock Association, fka Colorado Cattle Feeder's Association, 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 10th day of June, A.D., 2015. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COL RADO ATTEST: datt/t) r� lA ( - rbara Kirkmeyer, hair Weld County Clerk to the Board Mike Freeman, Pro-Tem BY: ) ��J ' l.De *avid Clerk to the Bo.rd ��•�� EXCUSED # , 1= ! N Sean P. Conw y APPRO DASTOFO'ff : 'o` /` /6(A-t' C'C 11861 t-",114=O111 Julie A. Cozad County Attorney ,fir®� , , EXCUSED NplOU # Steve Moreno le Date of signature: 1_045- -66 Cc t°/3o 2015-1702 BG0017 FOURTH AMENDMENT TO OFFICE LEASE AGREEMENT TERMINATION OF LEASE This Fourth Amendment o Office Lease Agreement(the "Fourth Amendment") is made and entered into effective as of / , 2015 ("Effective Date"), by and between the Board of County Commission rs of Weld County, on behalf of Weld County, Colorado, a body corporate and politic of the State of Colorado, as successor in interest to SA19-Riverwalk Square LLC ("Landlord"), and Colorado Livestock Association (f/k/a Colorado Cattle Feeder's Association) a Colorado nonprofit corporation ("Tenant"). WITNESSETH: A. 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. Weld County (Landlord) purchased the real property known as 822 r Street, Greeley, Colorado 80631 (also known as the "Chase Building"), and thereby became the successor in interest to SA19-Riverwalk Square LLC, as it relates to this Lease Agreement. B. Prior Agreements: 1. The original lease dated March 1, 2002 was executed between Greeley Lincoln Park Properties LLC, as original lessor, and Colorado Cattle Feeder's Association as tenant. 2. An Amendment of Lease Agreement dated January 19th, 2007 was executed between Greeley Lincoln Park Properties LLC, as lessor, and Colorado Cattle Feeder's Association as tenant. 3. A Second Amendment of Lease Agreement dated January 20, 2010, between Greeley Lincoln Park Properties LLC, as lessor, and and Colorado Cattle Feeder's Association as tenant. 4. A Third Amendment of Lease Agreement dated February 14, 2013 was executed between CSA19-Riverwalk Square, L.L.C, as successor lessor to Greeley Lincoln Park Properties LLC, and and Colorado Cattle Feeder's Association as tenant. Pursuant to the Third Amendment, the termination of the Lease is scheduled as February 29, 2016. AGREEMENT 1. Termination of Lease. Landlord hereby agrees to allow Tenant to terminate this lease effective June 30, 2015. 2015-1702 3Gc01-7 2. Obligations. Landlord and Tenant are released from further liability or obligation arising after June 30, 2015 under the terms of the Prior Agreements, including the Third Amendment, except for the obligation to account for and return any security deposit paid by Tenant. 3. Right to Occupy. Tenant's right to occupy the Premises described in the Prior Agreements shall cease at 11:59 pm on June 30, 2015. 4. Effective Date. This Fourth Amendment shall take effect and be legally binding upon the parties as of the date of signing by the Weld County Board of County Commissioners. 5. Ratification of Lease. Tenant hereby ratifies the Lease as amended by this Fourth Amendment. 6. Confidentiality. The Parties agree that the terms of this Lease are subject to the Colorado Open Records Act(CORA), C.R.S. §24-72-301 et seq. 7. Governmental Immunity. No term or condition of this contract shall be construed or interpreted as a waiver, express or implied, of any of the immunities, rights, benefits, protections or other provisions, of the Colorado Governmental Immunity Act §§24-10-101 et seq., as applicable now or hereafter amended. 8. No Third Party Beneficiary. It is expressly understood and agreed that the enforcement of the terms and conditions of this Agreement, and all rights of action relating to such enforcement, shall be strictly reserved to the undersigned parties and nothing in this Agreement shall give or allow any claim or right of action whatsoever by any other person not included in this Agreement. It is the express intention of the undersigned parties that any entity other than the undersigned parties receiving services or benefits under this Agreement shall be an incidental beneficiary only. 9. Board of County Commissioners of Weld County Approval. This Agreement shall not be valid until it has been approved by the Board of County Commissioners of Weld County, Colorado or its designee. 10. Choice of Law/Jurisdiction. Colorado law, and rules and regulations established pursuant thereto, shall be applied in the interpretation, execution, and enforcement of this Agreement. Any provision included or incorporated herein by reference which conflicts with said laws, rules and/or regulations shall be null and void. In the event of a legal dispute between the parties, Contract Professional agrees that the Weld County District Court shall have exclusive jurisdiction to resolve said dispute. IN WITNESS WHEREOF, the Landlord and Tenant, through their duly authorized representatives, have executed this Fourth Amendment to Lease Agreement as of the Effective Date. Color. :. L.��-��n��• As. ati: as Tenant: J� ' _ ///% /1 Date V/ / S Named.);//earn aamm - vscA Title: WELD CO TY as L lo�rd,,,,:// /, ATTEST: „� .,,� .JUdD�rc BOARD OF COUNTY COMMISSIONERS Weld t Clerk to the Boa d WELD COUNTY, COL RADO BY: � .� • �:/ ►�� (( AAAA— /.S Deputy Cle i to the arirkmeyer, haiia� l� JUN 1 0 2015 i S•nrr�. APPROVED AS TO F APPROVED AS TO SUBSTANCE: Controller +`•r vr� Elected fficial or Department Head APP ' Director of General Services Co un ttomey OWI5 Hello