HomeMy WebLinkAboutC17-386 I/Hay LLCSECOND AMENDMENT TO RANCH SUBLEASE
BETWEEN
EAGLE COUNTY, COLORADO
AND
UH HAY, LLC
THIS SECOND AMENDMENT ("Second Amendment") is effective as of t/2'7 / -1 , by
Zand between Eagle County, Colorado, a body corporate and politic, hereinafter "County" or "Landlord")
and I/H Hay, LLC, a Colorado limited liability company, hereinafter "Tenant" or "Manager". County
and Tenant shall together be referred to as the "Parties".
RECITALS
WHEREAS, Landlord and Tenant entered into a Ranch Sublease dated July 31, 2017 (hereinafter
"Original Agreement"); and
WHEREAS, Landlord and Tenant entered into a First Amendment to the Original Agreement dated
September 26, 2017 ("First Amendment"); and
WHEREAS, the Parties have identified a revision to be incorporated into the Original Agreement; and
WHEREAS, Landlord and Tenant desire by this Second Amendment to set forth revisions to the Original
Agreement.
SECOND AMENDMENT
NOW THEREFORE, in consideration of the foregoing and the mutual rights and obligations as set forth
below, the Parties agree as follows:
1. Paragraph 3 of the Original Agreement is hereby deleted and replaced with the following:
"Rent. The rent ("Rent") for the Term hereof is Thirty -Six Thousand Two
Hundred -Fifty Dollars ($36,250). The Rent is payable in equal monthly
installments of One Thousand Two Hundred Fifty Dollars ($1,250). The first
payment shall be due on or before August 15, 2017 and the other monthly
payments shall be due on or before the first day of each month. Rent shall be
made payable to Eagle County and shall be delivered in person to the Eagle
County Open Space Manager's Office located at 500 Broadway, Eagle, CO.
81631 or mailed via United States Postal Service to Eagle County Open Space
Program, P.O. Box 179, Eagle, CO. 81631.
Tenant shall not be entitled to withhold or offset the amount of Rent due
hereunder, except as expressly set forth in this Agreement. In addition to Rent,
which is payable as set forth above, Tenant shall be responsible for operating and
managing the Property as set forth herein."
C17-386
2. Capitalized terms in this Second Amendment will have the same meaning as in the Original
Agreement. To the extent the terms and provisions of this Second Amendment conflict with,
modify or supplement portions of the Original Agreement or First Amendment, the terms and
provisions of this Second Amendment shall govern and control the rights and obligations of the
Parties.
3. Except as expressly altered, modified and changed in this Second Amendment, all terms and
provisions of the Original Agreement and First Amendment shall remain in full force and effect,
and are hereby ratified and confirmed in all respects as of the date hereof.
4. This Second Amendment shall be binding on the Parties hereto, their heirs, executors, successors
and assigns.
IN WITNESS WHEREOF, the Parties hereto have executed this Second Amendment to the Original
Agreement the day and year first above written.
LANDLORD:
EAGLE COUNTY, COLORADO
By and through its Interim County Manager
IM
Bryan Treu, Interim County Manager
TENANT:
UH HAY, LLC
By:
Bowdrie aurello, as Managing Member of
UH Hay, LLC
