HomeMy WebLinkAbout2013-17 Lease Agreement with CDOT regarding Parking along the Non-Travel Lanes of I-70 Frontage RoadsRESOLUTION NO. 17
Series of 2013
A RESOLUTION APPROVING A LEASE AGREEMENT BETWEEN THE TOWN OF VAIL, AND
THE COLORADO DEPARTMENT OF TRANSPORTATION REGARDING PARKING ALONG
THE NON - TRAVEL LANES OF THE INTERSTATE 70 FRONTAGE ROADS LOCATED WITHIN
THE LIMITS OF THE TOWN; AND SETTING FORTH DETAILS IN REGARD THERETO.
WHEREAS, the Town of Vail (the "Town "), in the County of Eagle and State of Colorado
is a home rule municipal corporation duly organized and existing under the laws of the State of
Colorado and the Town Charter (the "Charter ");
WHEREAS, the members of the Town Council of the Town (the "Council ") have been
duly elected and qualified;
WHEREAS, the Town and the Colorado Department of Transportation ( "CDOT ") entered
into a Lease Agreement (the "Lease ") which included a parking program utilizing the Vail
Frontage Roads (the "Premises ") for the term 2012 -2015;
WHEREAS, the Town has made improvements to sections of the Vail Frontage Roads;
WHEREAS, CDOT is willing in to enter into a three year lease with the Town at a
reduced rate for those improved sections; and
WHEREAS, the Town and CDOT now wish to amend the existing lease agreement to
include improvements completed by the Town in 2013
NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF
VAIL, COLORADO THAT:
Section 1. The Council hereby approves and authorizes the Town Manager to enter
into the Lease with CDOT, in substantially the same form as attached hereto as Exhibit A and in
a form approved by the Town Attorney.
Section 2. This Resolution shall take effect immediately upon its passage.
INTRODUCED, PASSED AND ADOPTED at a regular meeting of the Town Council of
the Town of Vail held this P day of December, 2013.
Andrew P. Daly,
Town Mayor
TEST:
Tamm ge ,
Acting Town Clerk
Resolution No. 33, Series 2012
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lie
7
PROPERTY MGMT.NO. 100748
NO: PROJECT 170 -2(7) 183
LOCATION: 1 -70 frontage roads within the
limits of the Town of Vail.
LEASE AGREEMENT AMENDMENT
(Vacant Land)
THE LEASE AGREEMENT made and entered into the 1st day of November, 2012, by and between the
State of Colorado acting by and through the Colorado Department of Transportation, CDOT, and THE
TOWN OF VAIL. COLORADO, is amended as follows:
Paragraph 1. Shall be revised as follows:
1. PREMISES, Lessor hereby leases and demises unto Lessee the Premises, hereinafter referred
to as "Premises" located along the non - travel lanes of the Interstate 70 (1 -70) Frontage Roads located
within the limits of the Town of Vail in Eagle County, Colorado. The leased Premises are shown on the
maps attached hereto, made a part hereof and marked "Exhibit A ", consisting of three (3) map sheets
dated 10/03/2013.
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Rev.3 /06
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IN WITNESS WHEREOF, the parties hereto have executed this lease agreement on the day and year
first above written.
LESSEE:
Rev.3 /06
Page 2 of 2
Town of Vail
By
(Name)
Title
Federal Tax Identification Number
STATE OF )
) ss
COUNTY OF )
The foregoing instrument was subscribed and sworn to before me this _ day of , 20_1
by as
of the Town of Vail.
Witness my hand and official seal.
My commission expires
Notary Public
Address:
LESSOR:
ATTEST:
COLORADO DEPARTMENT OF
TRANSPORTATION
David Fox
TIMOTHY J. HARRIS, P.E.
Chief Clerk — Property Management
Chief Engineer
Rev.3 /06
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EXHIBIT "A" - SHEET 2 OF 3
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SOUTH FRONTAGE ROAD
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EXHIBIT "A" - SHEET 3 OF 3
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