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HomeMy WebLinkAbout1988-04-11 88-189 ORDER...,. ..........,.. �- 88-189 Item/Subject: Authorizing Execution of First Amendment to Lease Agreement -- City of Bangor & Bangor House Proprietary Responsible Department Commentary: On March 23, 1988 the City of Bangor's Public Safety Coamiittee voted -unanimously to approve the lease of an additional 5 designated parking spaces to Bangor House Proprietary. Bangor House Proprietary is the owner of the Bangor House and is requesting the additional 5spaces to provide parking for residents as well as their guests.. This Amendment to the Lease Agreement will bring the total number of designated parking spaces for the Bangor House t0 20. I have already prepared duplicate counter- parts of the Amendment and Kerry Kreighton of the Planning Division has prepared avsed Exhibit indicating the exact location of the 20 parking spaces. Sr/ir/fir'! Manager's Comments: �,te :a A.I .J_11 d'a Yi�'z caYa wfa .N..,t yrwuwnats'�ar mui a M4A lr%W Associated Information: Budget Apprvval: q. (I, iu leDi¢ Legal Approval: O)\ 0 r b4nmr Item No. Page of_ 88-189 Introduced by Councilor England April 11, 1988 :.r CITY OF BANGOR (TITLE.) (Dr1IjCra - Authorezeng Bxecuteon of Fust. nmverm t W reuse ........... .... _... Agreement -- City of Bangor A Somor Nouse Proprietary By the Ody Course! of the My of Bruges: ORDERED, TORT WfH]SEAS, the City of Bangor and Bafgor Nouse Proprietary entered into a lease Agreement, dated February 3, 1988, for the Issue of 15 certain parking spaces in the parking sees property hounded by My Street, Union Street and Independent Street; and NFIEREvS, the Hanger Souse Proprietary has expressed a desire W lease an additional 5 certain parking spaces in said parking area; and {mIEWias, the City finds that the lease of said additional 5 certain Iarking spaces will serve the interest of both Hanger House Proprietary and the City, Soa, TNEFEVOSE, By the City Council of the City of Bangor be it ompulf, euST the City Fanager is hereby authorized and directed to execute a First Amendment W the Lease Agreement by and between the City of Forger and B"or More Proprietary, which Amendment Shall provide 5 additional certain Ienking spaces for use by Bangor House Proprietary. 88-189 In City Council April 11,1988 0 R D E R Passed Title, Ci y Clerk , Ayt ho[ ;xi ng, �ec�tion of Fi[a t. AmxMment to Ire Agreement City of Panner ..... as ............... 6............... 6 Pau9or House Proprietary Introduced and filed by 88-189 P IR6T AM EN UMENT ID E AGAB ¢XQ NT This FIRST AMENDMENT TO LEASE AG PRESENT, executed in duplicate m erparts, is entered inEthis day of April, 1988, by and counterparts, e.t en: CITY o municipal corporation located I, the County of -,cPenobscot, E State of Mane (hereinafter Sometimes referred to as the ity") AND BANGOR MOUSE P a limited partnership, having a place Of h t 174 Maio St., t , Bangor, Main, hereinafter sometimes referred to as 'Leasee..( NITNESSITS: the parties here to entered into a AGREEMENT dated February 35 1988 for the lease of fifteen (15) designated parking Ne pecking a re a Founded by May Stet, Union Street, and Independent 6t re. t, and Lessee desires to lease a additional five (5) Space, in sailRarg e d pki er Said additional five (5) parking Spaces bet Up desinated a, 16-30 on Exhibit "A attached hereto( and WHEREAS, the City finds thatthe Lease of said additional five (5) spaces will serve the interests of the Lecaee, the City and the citizens of Bangor In general; NOW, THEREFORE, s id LEASE AGREEMENT is hereby amended a follow, where words underlined are added and words struck out are deleted; ARTICLE I PENISE TheCity, for and in Consideration of the mIm to be paid and the obligations to be performed by the Lessee as nae Pr provided, does hereby demise and lease n [heLes see, and the Lessee does hereby demise, lease, take and hire, upon and subject to the conditions hereinafter e , the following described property is it, present condition, viz. Rif e41 Twenty (20) parking spaces located in the City - owned parkfy area bounded by May 6 Union Street and Independent Street, being mo IF particularly described o a plan attached hereto as Exhibit =A'- and made a pact hereof. RENTAL The rtotal Co he paid by the Lessee to the City during the term Of this Agreement for the 44€Esen..l-LSi- twee ty (20) packing spams above-descr lbed shall be as fell[,,: a hall pay the City, O monthly basis, a monthly rental sun equals to the product of i1EGwrva {1d} twee[y 1201 parking spaces times the City's monthly fee for regular perm¢[ pa[C ing a effect on a first business day of a annual a of this lease. The City's monthly fee for regulars permit parking g a of February 1, 1988 s $18.00 per apace, Therefore. LeSSOe shall pay the City a monthly rental fee of WGi40A $360.00 for each month for the first annual fare of this Lease 1$bvy0W6 6959 320.00 per year). Said monthly rental fee 'hall 01 adjusted thereafter in accordance with the terms herein provided. All v tal Nes ander this Agreement shall be "fail, i advance t before the Ist Business day of each calenmt nu nth. fall pay all rental fees herein required rith,ut prior demand ae Shall in lawful money of the United States, at the address of the City as herein set forth o such other places . City may designate. the a that Ix a the lease a all or a portion of the leased spacesapur terminate, terms herein,, the rental shall be ralcmaNa nn pro -rata bads. CITY OF BANGOR BY W itnaaa Edward A. Barrett City Manager BANGOR NOOSE PROPRIETARY EXHIBIT AA: 88-169 UNION STREET Bangor House ^m 0 6 MAY STREET its one inch equals CO lee,