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HomeMy WebLinkAbout1995_11_01_B. Ghent Properties 2nd‘C95—89—70—A2SECONDAMENDMENTTOAVIATIONRELATEDCARRENTALBUSINESSAGREEMENTANDLEASEThisAmendment(the“Anendment”)enteredintoeffectivethis1stdayofNovember,1995,byandbetweentheCountyofEagle,StateofColorado,abodypoliticandcorporate,actingbyandthroughitsBoardofCountyCommissioners(“County”),andCooleyMesaLeasing,LLC,aColoradolimitedliabilitycompany(“CML”)RECITALS1.OnJune27,1994,CountyenteredintoanAviationRelatedCarRentalBusinessAgreementAndLease(“Agreement”)withCML’spredecessor-in—interest,BradGlientdbaB.GhentProperties(“Ghent”)2.OnNovember21,1994,CountyandGlientamendedtheAgreementtocorrectthedescriptionoftheleasedpremises.3.OnoraboutApril28,1995,CountyconsentedtotheassignmentoftheAgreementfromGhenttoCML.4.BytheAgreement,CMLleasedtwocontiguous“lots”attheEagleCountyRegionalAirport(designatedontheAirportLeaseParcelsMap”asLots9and10,asdepictedon“ExhibitC”attachedheretoandincorporatedhereinbythisreference),withanaggregatesizeofapproximately1acre.5.TheAgreementprovides,atArticle3.3.,thatCMLhasarightoffirstrefusaltoleasetwoadditionalparcelsequalinsize,withanaggregateof2acres.6.CMLwantstolease2additionallotscontiguoustoitsexistingpremises,consistingofLots7and8asdesignatedontheAirportLeaseParcelsMap(andshownon“ExhibitC”)andwithanaggregatesizeofapproximately1acre,forthebalanceofthetermoftheAgreementandaccordingtothetermsandconditionsoftheAgreement.7.Countyhasreceivednoacceptableoffersforlong-termleasesofthoselots.TheHertzCorporationhasoccupiedandpresentlyoccupiesLot7underashort—termleasewithCounty. 0C8.CountyiswillingtoamendtheAgreementtoaddLots7and8totheLeasedPremisesundertheAgreement,providedthatsuchanadditiontotheLeasedPremiseswillbe“charged”againstCML’srightsoffirstrefusal.TERMSANDCONDITIONSNOW,THEREFORE,inconsiderationofthepremisesandthemutualcovenantscontainedinthisAgreemeilt,thepartiesherebyagreeasfollows:1.EffectiveasofNovember1,1995,whereverintheAgreementreferenceismadetotheleasedpremises,suchpremisesshallbethatrealpropertydescribedonthedocumentattachedheretoandmarked“ExhibitA”,andthatdocumentshallbesubstitutedintheplaceofthepagesomarkedwhichisattachedtotheAgreement(pursuanttotheNovember21,1994,amendment),whichpageandcontentsshallbedeemedofnoforceoreffect.SuchpropertyiscommonlyreferredtoasLots7,8,9and10asshownon“ExhibitC”attachedheretoandherebymadeapartoftheAgreement.2.EffectiveasofNovember1,1995,thefirstparagraphofArticle3.3isamendedtoreadasfollows:ItisagreedthatConcessionaireshallhavetherightoffirstrefusaltoleaseatthesamerateasthepropertyprovidedforinthislease,oneadditionalparcelequalinsizetotheoriginalparcelleasedpursuanttothisAgreement(i.e.,approximately1acre)3.Lots7and8canbeusedsolelyforrental—carparkingforcarsutilizedforairportcustomers.ShouldCMLceasetousethelotsforthatpurposeforacontinuousperiodofatleast8monthswithouttheCounty’swrittenconsent,thisAgreement,astosuchLots7and8,shallautomaticallyterminate.CMLmaygraveland/orpave(accordingtothespecificationssetforthinArticle7.I.C.)withoutfurtherconsentofCounty,butanyotherimprovementonortosuchlotsshallrequireCountyapprovalasprovidedinArticle7.11oftheAgreement.4.UnlessanduntilitissurveyedbyCounty,theareaforLots7and8shallbedeemed43,500squarefeetandlocatedasperExhibitChereto.ThebasemonthindexshallbetheindexforSeptember1994.TherentforthemonthsofNovember1995throughthenextanniversarymonthshallbedeterminedbymultiplyingtheareaofLots7and8bythe“baserent”of15.6centspersquarefeetperyearadjustedbymultiplyingthebaserentbythefractioninwhichthenumeratoristheindexforNovember1995andthedemoninatoristheindexforthebasemonth(September1994).Therentshallbepaidinequalinstallmentsmonthly.Afterthenext CC?anniversarydate,thecalculationandpaymentofrentforLots7and8shallconformtotheprovisionsofArticle10.5.Exceptasexpresslyprovidedinthismendment,allthetermsandconditionsoftheAgreementremaininfullforceandeffect.INWITNESSWHEREOF,thepartiesheretohaveexecutedthismendmentontheyearanddatefirstabovewritten.ByBraf!Ghen\<\ManagerSTATEOFCOLORADOssCountyofEagleTheforegoinginstrumentwasacknowledgedbeforemethis____dayof1995,byBradleyF.GhentasManagerofCooleyMesaLeatTh,‘It&aColoradoLimitedLiabilityCompany.Mycommission2ht%%Nobc/___ATTEST:COUNTYOFEAGLE,STATEOFCOLORADO,ByandThroughItsBoardofCountyCommissionersCountyCommissionersCOOLEYMESALEASING,LLCaColoradoLimitedLiabilityCompanyc\ghent.ise C.GHENTPARCEL(LeaseParcels9and10)ircel1:AparceloflendlocatedattheEagleCountyAirportlyingwithinSection3,Township5South,.Range85Westofthe6thPrincipalMeridian,EagleCounty,Colorado,saidparcelbeingmoreparticularlydescribedasfollows:Beginningatapoint1333Lostleftofcenterlineatstation23÷25ofRunway25,allmeasurementsbeing90degreesleftofcenterlinestationingforRunway25withthecenterlineofRunway25beingB815603”W,andthecenterlineendofRunway25lyingN21’4047”W,2290.97feetfromtheSoutheastCornerofsaidSection3;thence300feettoapoint1333feetleftofcenterlineatstation28+25;thence145feettoapoint1478feetleftofcenterlineatstation26+25;thence300feettoapoint1478featleftofcenterlineatstation23+25;thence145feettothepointofbeginning,saidparcelcontaining43,500squarefeet,RunwaycenterlinebearingndtietotheSoutheastCornerofSection3isbaseduponIsbillAseoc.Inc.AirportLayoutPlandatedSept.1993.Date:Sept.8,1994LelandL.ohnerPUS2506Note:TofacilitatethegenerationoffuturelegaldescriptionsfortheEldonWilson)riveleaseparcels,thefollowingexplanationissubmitted.ThisparcellocationisderivedfromtheIsbillAssoc.LeaseParcelMapCooleyMesaRoad/EldonWilsonDrivedatedAug.6,1993.Tb.GhentParcellocationprovidesforten,150footlongparcels(5thru14)westoftheexistingelectricvaultfarmonEldonWilsonDriveandisbasedonthefollowing.Promthe545footbuildingsetbacklineforRunway25add418feetforthewidthofexistingleasedparcels,thenadd70feetforEldonWilsonDriveR.0.W.whichequals1333leftofcenterlineforthenortherlylineOftheseparcels.Thestationingforthenortheastcornerofparcel5wouldbe17+25.TheGhentparcelhasbeenmon’i.mientedwithwitnesscorners,22feetfromtheNEandNWcorner.,with2”aluminumcapson1/2”rebar.arcel2:Lots7and8asshownontheLeaseParcelsMapattachedheretoasExhibitCeachbeingapproximately150.00’alongEldonWilsonRoadby145.00’deep.h-fl-- REDUCEDMAPCSCALE:14OO’TRACT58CORNERNO.4,.TRACT59CORNERNO.1NOTES:1)Au.BEARiNGSAREBASEDONTHELINEBEThEENCORNERNO.4OFTRACTHIBITANDTHEINES5CORNERFORCONNERNO.3OFTRACT57ASBEARINGN002100E.BOTHCORNERSAREDESCRIBEDINTHISDRAINNG.2)AU.PRIORLEGALDESCRIPTIONSFOR1)€SEI.EASESASJIEDTHEEEN1ERIJNEOFTHERUNWAYASBEARINGSr565rW.THISBEARINGHASBEENROTATEDTOBESav5o2WINTHISDRANG.THESELEASESAREALSOBEINGTIEDTOTHETRACTLINESSOTHATTHEYCANBERELATEDTOTHEAiRPORTBOUNDARYANDALSOTOOTHERLEASESTHINTHEAIRI3)A5REBARAND2AJJJIIINUIdCAP(LST3BOI)RILLBESETATALLOFTHECORNERSOFP.DRAFTCCSTA]ONOO7\25ZTRACT53ICORNERNO.3/(2.50_CO.BRASSCAP)L41(3L)_U1C1D&?ASSCAPNRTh5SCORP.W(La)lvCORI*R?.J1764Cr57(Z5CAPONAIPF—1915)“-1TRACT56CORNERNO.6(2.5C.LO.BRASSCAP)GRAPHICSCALE(INFEEr)Iih—200ILSECTIONS3&10.T5S.RB5W.EAQICOUNTYCOLORADO.