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HomeMy WebLinkAbout84091 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 A RESOLUTION AUTHORIZING THE EXTENSION OF THE LEASE FOR AMUSEMENT RIDES AND CONCESSIONS AT WAR MEMORIAL PARR FOR A PERIOD OF ONE YEAR; AND FOR OTHER PURPOSES. 452 WHEREAS, the present amusement concession lease with Lloyd L. Choate expired November 2, 1990; and WHEREAS, in view of lessee's record in maintaining the area and his commitment to continue to do so, the staff has recommended that this lease be extended until November 2, 1991; and WHEREAS, the Board of Directors consents to a one year extension of said lease pursuant to the last paragraph of the lease dated November 19, 1980, and WHEREAS, lessee has agreed to an amendment to move certain amusement rides as directed by the Parks and Recreation Department in order that the fitness complex can be completed as designed. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The extension of the lease with Lloyd Choate for amusement rides at War Memorial Park is hereby authorized for a period of one year ending November 2, 1991, with an amendment that he will move certain amusement rides as directed by the Parks and Recreation Department. SECTION 2. This resolution shall be in full force and effect from and after its adoption and approval. ADOPTED:, December 4, 1990 �� MIN J , •�� W 6. ki 2 -y � )q-3 RESOLUTION NO. 81409 A RESOLUTION AUTHORIZING THE EXTENSION OF THE LEASE FOR AMUSEMENT RIDES AND CONCESSIONS AT WAR MEMORIAL PARR FOR A PERIOD OF ONE YEAR; AND FOR OTHER PURPOSES. 452 WHEREAS, the present amusement concession lease with Lloyd L. Choate expired November 2, 1990; and WHEREAS, in view of lessee's record in maintaining the area and his commitment to continue to do so, the staff has recommended that this lease be extended until November 2, 1991; and WHEREAS, the Board of Directors consents to a one year extension of said lease pursuant to the last paragraph of the lease dated November 19, 1980, and WHEREAS, lessee has agreed to an amendment to move certain amusement rides as directed by the Parks and Recreation Department in order that the fitness complex can be completed as designed. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The extension of the lease with Lloyd Choate for amusement rides at War Memorial Park is hereby authorized for a period of one year ending November 2, 1991, with an amendment that he will move certain amusement rides as directed by the Parks and Recreation Department. SECTION 2. This resolution shall be in full force and effect from and after its adoption and approval. ADOPTED:, December 4, 1990 �� MIN J , •�� W 6. ki 2 -y � )q-3 453 AMENDMENT TO AMENDED LEASE DATED NOVEMBER 19, 1980, (AS SUBSEQUENTLY AMENDED BY AMENDED LEASE DATED NOVEMBER 9, 1983), BETWEEN THE CITY OF LITTLE ROCK, ARKANSAS, LESSOR, AND LLOYD CHOATE, LESSEE, PERTAINING TO AMUSEMENT RIDES AND CONCESSIONS AT WAR MEMORIAL PARK IN LITTLE ROCK, ARKANSAS This amendment to amended lease dated November 19, 1980, (as subsequently amended by amended lease dated November 9, 1983), between the City of Little Rock, Arkansas, a municipal corporation organized and existing under Arkansas law, lessor, and Lloyd Choate, Lessee, is made and entered into at Little Rock, Arkansas this 5th day of December , 1990. W I T N E S S E T H: WHEREAS, the City of Little Rock, Arkansas, as Lessor, and Doyle O'Kelley, Lessee, entered into an amended lease dated November 19, 1980, for a term ending November 2, 1990, involving land situated in war Memorial Park in said City pertaining to the operation of amusement rides and concessions in said park; and WHEREAS, the last paragraph of the lease dated November 19, 1980, provides that the Lessor must consent in writing to any renewal or extension of said lease; and WHEREAS, said lease was assigned by Lessee (with the approval of Lessor) to Lloyd Choate on October 14, 1982; and WHEREAS, it is determined to be mutually advantageous to the Lessor and Lessee that said amended lease be extended for for a period of one year, to November 2, 1991; and WHEREAS, Little Rock Resolution No. 8,409 adopted by the Board of Directors of the City on 12_4_90 , authorizes an extension for one year, until November 2, 1991. 1 454 NOW, THEREFORE, for mutual valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Lessor and Lessee covenant and agree as follows: I. The amended lease dated November 19, 1980, and a subsequent amendment dated November 9, 1983, are hereby incorporated by reference herein. II. Lessee agrees that he will move such amusement rides as directed by the Parks and Recreation Department upon reasonable notice in order that the fitness complex can be completed as designed. Lessor agrees to give Lessee ten (10) days notice in advance of such move date. III. This agreement is for a term of one year, and shall expire November 2, 1991. IV. This agreement may be executed in any number of counterparts, each of which when so executed and delivered shall be an original, but all of which together shall constitute one and the same agreement. EXECUTED the date first written above. ATTEST: CITY OF LITTLE ROCK, ARKANSAS, LESSOR _ice..._ %��. .94) �' i 4 ' 2