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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. Af- jy. e0*4.,X 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.