HomeMy WebLinkAboutC13-216 Western Eagle County Metropolitan Recreation District LEASE AMENDMENT THIS Lease Amendment is made and entered into this 1 day of ; 2013 between Eagle County, by and through its Board of County Commissioners (hereinafter referred to as "Landlord") and the Western Eagle County Metropolitan Recreation District, a quasi-municipal corporation and political subdivision of the State of Colorado (hereinafter referred to as "Lessee"). Landlord and Lessee entered into a Lease Agreement dated February 23, 1993 ("Original Lease") for the property described as approximately 22 acres located at the Fairgrounds for the construction of recreational fields and attendant improvements. The Original Lease expires on September 30, 2013. Landlord and Lessee are desirous of continuing said Lease for an additional twenty (20) year term pursuant to the terms of the Original Lease and this Lease Amendment. In consideration of the terms and conditions of the Original Lease, the sufficiency of which is hereby acknowledged, Landlord and Lessee agree that this Amendment shall replace and supersede the section of the Original Lease as stated hereunder. WITNESSETH, Term,Fourth Paragraph shall be deleted in its entirety and replaced with the following effective upon the execution of this First Amendment: "TO HAVE AND TO HOLD the same for and during a term of Twenty(20) years commencing upon the date of this Lease Amendment and expiring on July 23, 2033. Notwithstanding the foregoing,Landlord may relocate the improvements elsewhere on the Fairgrounds property of equal acreage during the term of this Lease at its expense and Lessee agrees to work cooperatively with such relocation efforts." Landlord and Tenant agree that, except as expressly altered, modified and changed in this Amendment, all terms and provisions of the Original Lease shall remain in full force and effect, and hereby are ratified and confirmed in all respects as of the date hereof. If any conflict exists between the provisions of this Amendment and the Original Lease, the provisions of this Amendment shall control. This Amendment shall be binding on the parties hereto, their heirs, executors, successors, and assigns. //REMAINDER OF PAGE INTENTIONALLY LEFT BLANK// IN WITNESS WHEREOF, the parties have executed this Agreement on the day and year first above written. LANDLORD: ATTEST: 054111,� Y OF EAGLE, STATE OF COLORADO 0 rr ough its Board of C unty ommissioners B . .+' (! ) ( 7' % �- Y a Teak Simon on . ---r, Ch • an na j - Try Clerk to the Board agle County Board of County Commissioners 1 TENANT: WESTERN EAGLE COUNTY METROPOLITAN RECREATION DISTRICT By: B Secretary dracy Er' son, President Date: July 17, 2013