HomeMy WebLinkAbout~Master - Intermodal Facility Tenant Lease with Executive Express RESOLUTION NO. 12-260
RESOLUTION APPROVING INTERMODAL FACILITY TENANT LEASE
WITH LOGHOUSE ENTERPRISES,INC.,D/B/A EXECUTIVE EXPRESS
FOR THE CITY OF AMES, IOWA
WHEREAS,under the Council approved Intermodal Facility operation agreement between the City
of Ames and Iowa State University, CyRide staff is to negotiate tenant leases for the terminal area of the
building; and,
WHEREAS, over the last six months, staff has worked with the Federal Transit Administration
(FTA), the City's legal staff, and the transportation carriers to develop these agreements; and,
WHEREAS, currently, Executive Express's Ames office is located in East Ames, and with the
completion of the Facility,it has indicated an interest in relocating its office to the new Intermodal Facility;
and,
WHEREAS,in preparation for this location transfer,an Intermodal Facility Lease Agreement was
developed to document the terms of Executive Express's use of the new facility; and,
WHEREAS, the agreement has been reviewed and approved by the City of Ames' legal counsel
and risk manager, and Executive Express's owner and legal counsel; and,
WHEREAS, it has been sent to the FTA legal counsel for review and approval, however, no
significant changes are expected as previous drafts have been reviewed by its staff; and,
WHEREAS,the 2012/13 operating budget for the facility includes$900/month revenue from leased
space in the terminal building; and,
WHEREAS,the lease with Executive Express will allow for this transportation service to be housed
with other transportation services provided within the Ames community; and,
WHEREAS, with the facility scheduled to be substantially completed on June 1, 2012, a July 1,
2012, lease date was established for tenants.
NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Ames,Iowa,that the
Intermodal Facility Tenant Lease with Loghouse Enterprises, Inc., d/b/a Executive Express is hereby
approved, contingent upon approval by the FTA.
ADOPTED THIS 22°d day of May, 2012.
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Diane R. Voss, City Clerk Ann H. Campbell, Mayor
Introduced by: Goodman
Seconded by: Davis
Voting aye: Davis, Goodman, Larson, Orazem, Szopinski, Wacha
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 22nd day of May, 2012.