HomeMy WebLinkAbout2019-03 First Amendment to Lease between TOV and VRD RESOLUTION NO.3
Series of 2019
A RESOLUTION APPROVING A FIRST AMENDMENT TO LEASE BETWEEN THE
TOWN OF VAIL AND THE VAIL PARK AND RECREATION DISTRICT
WHEREAS, the Town and the Vail Park and Recreation District (the "District") entered
into a Lease on July 18, 2008 (the "Lease");
WHEREAS, the Town and District have agreed to amend the Lease as set forth herein, to
remove reference to the Vail Nature Center and to update the Lease exhibits; and
WHEREAS, the Town Council's approval of this Resolution is required to approve the
First Amendment to Lease (the"First Amendment").
NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN
OF VAIL, COLORADO THAT:
Section 1. The Town Council hereby approves the First Amendment and authorizes
the Town Manager to execute the First Amendment on behalf of the Town 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 8th day of January 2018.
hi.iaveCha.‘ ,
Town Mayor
ATTEST:
c--\) gop OP if
Tarr_ ' .r 4
iAWki
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Via. Q
FIRST AMENDMENT TO LEASE
THIS FIRST AMENDMENT TO LEASE (the "Amendment") is entered into this
day of , 2019 (the "Effective Date"), by and between the TOWN
OF VAIL, a Colorado home rule municipality (the "Town"), and VAIL PARK AND
RECREATION DISTRICT, a Colorado special district (the "District") (each a "Party" and
collectively the "Parties").
WHEREAS, the Parties entered into a Lease on July 18, 2008 (the "Lease"); and
WHEREAS, the Parties have agreed to amend the Lease as set forth herein.
NOW, THEREFORE, in consideration of the mutual promises and conditions
herein contained, the Parties covenant and agree and follows:
1. Section 2 of the Lease is hereby amended to remove subsection (b), the
Nature Center, from the definition of Leased Premises.
2. Exhibit A to the Lease is hereby deleted and replaced with the Exhibit A
attached to this Amendment.
3. All remaining provisions of the Lease shall remain in full force and effect.
IN WITNESS WHEREOF, the Parties have executed this Amendment as of the
Effective Date.
TOWN OF VAIL
Greg Clifton, Town Manager
ATTEST:
Tammy Nagel, Town Clerk
VAIL PARK AND RECREATION
DISTRICT
ATTEST:
1/3/2019
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