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HomeMy WebLinkAbout~Master - Ames Intermodal Facility Commercial Tenant Lease with Jefferson Lines RESOLUTION NO. 19-158 RESOLUTION APPROVING AMES INTERMODAL FACILITY COMMERCIAL TENANT LEASE WITH JEFFERSON LINES FOR THE CITY OF AMES WHEREAS,under the approved Intermodal Facility operating agreement between the City of Ames and Iowa State University, CyRide staff is charged with negotiating leases for the terminal area of the building; and, WHEREAS, in 2016, staff prepared a three-year agreement for Jefferson Lines and Burlington Trailways that expires June 30, 2019; its service began operating from the Intermodal Facility on July 1, 2012 ; and, WHEREAS, over the last six months, staff has worked with Jefferson Lines to negotiate a new five-year lease agreement that will provide shared office/waiting room space for Jefferson Lines and Burlington Trailways; and, WHEREAS, in negotiating a new lease agreement, the following was modified in the new agreement: • Contract term to a five-year agreement-lease starting on July 1, 2019 and expiring on June 30, 2024 • Exclusion of contract terms regarding a contract extension,as a five-year contract is a maximum allowed by the Federal Transit Administration • First year's lease rate is $1,175 per month. The current lease rate is $1,156. Both rates include a$200 per month utility fee • Addition of Producer Price Index as the method to determine annual rate modifications • Addition of Arbor Street to excluded streets in traveling to facility • Removing previous Director of CyRide's contact person • Updating CyRide's mailing address WHEREAS, the Agreement has been reviewed and approved by the City of Ames Legal Counsel and Risk Manager; ISU's Project Manager for the Intermodal facility; and Executive Express' owner; and, WHEREAS,the Transit Agency Board of Trustees approved the Executive Express five-year lease at their April 11, 2019, meeting. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the Ames Intermodal Facility Commercial Tenant Lease Agreement with Jefferson Lines to expire on June 30, 2024, is hereby approved. ADOPTED THIS 23rd day of April, 2019. Diane R. Voss, City Clerk John . Haila, Mayor Introduced by: Martin Seconded by: Beatty-Hansen Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Martin,Nelson Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 23' day of April, 2019.