HomeMy WebLinkAboutA002 - Letter to Mayor and Council dated April 20, 2006 - Lease Agreement with Ward Development GOODWIN LAW OFFICE, P. C.
ATTORNEY AT LAW
311 W.LINCOLN WAY,SUITE 1
AMES,IOWA 50010-3317
ROBERT W. GOODWIN TELEPHONE
515-232-7390
FAX
515-232-7396
April 20, 2006
Ms. Ann Campbell, Mayor and 0 L E
Ames City Council Members
c/o Ames City Hall APR 21
515 Clark Avenue
Ames, IA 50010 CITY CLERK
CITY Of AMES,IOWA
Re: Wal-Mart Project
Dear Mayor Campbell and City Council Members:
I am attorney for Pro-Group, L.L.C., which through its members, Jerry Nagle, Tom Burke
and Brad Fullmer, entered into a Lease Agreement on April 5, 2003, with Ward
Development, L.C. to lease the building at 522 South Duff Avenue, Ames, Iowa. The
term of the lease is five (5) years which continues until March 31, 2008, with a five (5)
year option to renew the lease. My clients are still paying $21,000.00 per month rent for
the premises. My clients have been unable to agree to a buy out of their lease with Ward
Development, L.C.
My clients want the City of Ames to be aware of their continued leasehold interest in the
property which needs to be satisfied before approval of the Final Plat for this project.
Sincerely,
GOODWIN LAW OFFICE, P.C.
i
Robert W. Goodwin
Attorney at Law
RWG:sld
cc: Jerry Nagle
Tom Burke
Brad Fullmer
Doug Paradis, Attorney for Wal-Mart
Robert Morgan, Attorney for Wal-Mart