2010-666RESOLUTION No. 2010 -666
A resolution authorizing the lease of six (6) City -owned parking spaces located in the
Parker Drive/Wall Street parking garage for ten (70) years at an annual rent of six-
hundred dollars ($600.00), for other good and valuable consideration, and upon certain
other terms and conditions.
WHEREAS, the Common Council of the City of Janesville owns certain real property
consisting of six (6) public parking spaces located in the Parker Drive/West Mall Street
parking garage in the City of Janesville, county of Rock, State of Wisconsin, more
particularly described in Attachment "A" to the attached PARKING LEASE proposed
between the CITY OF JANESVILLE and ONE SEVENTEEN EAST CONDOMINIUMS
ASSOCIATION, INC., and desires to lease said parking spaces and enter into said ten
(10) year PARKING LEASE with ONE SEVENTEEN EAST CONDOMINIUMS
ASSOCIATION, INC. at an annual rent of six - hundred dollars ($600.00), for other good
and valuable consideration, and upon certain other terms and conditions as set forth in
the attached proposed PARKING LEASE; and
WHEREAS, the common Council is empowered to enter into said PARKING LEASE,
pursuant to Sections 62.22(1), 62.23(17), and other applicable statutes, and hereby find
that said PARKING LEASE is in the best interest and to the benefit of the CITY and its
residents; and
WHEREAS, the Plan Commission, pursuant to Section 62.23, Wis. Stats., reviewed and
considered the proposed PARKING LEASE at a public meeting on December 21, 2009,
unanimously voting to recommend that the CITY enter into said PARKING LEASE with
ONE SEVENTEEN EAST CONDOMINIUMS ASSOCIATION, INC. upon the terms and
conditions set forth therein, but not considering the financial aspects of the transaction.
NOW THEREFORE, BE IT RESOLVED by the Common council of the city of
Janesville that the Parking Lease to ONE SEVENTEEN EAST CONDOMINIUMS
ASSOCIATION, INC. of certain real property owned by the CITY consisting of six (6)
public parking spaces located in the Parker Drive/Wall Street parking garage more
particularly described in Attachment "A" to the attached proposed PARKING LEASE,
for ten (10) years at an annual rent of six - hundred dollars ($600.00), for other good
and valuable consideration, and upon certain other terms and conditions as set forth
in the attached proposed PARKING LEASE, is hereby authorized and approved; and
BE IT FURTHER RESOLVED, that the city Manager and City Administration are
hereby directed to enter into and execute, on behalf of the City of Janesville, the
attached proposed PARKING LEASE between the City of Janesville and ONE
SEVENTEEN EAST CONDOMINIUMS ASSOCIATION, INC., prepare and file such
other documents, forms and papers pertaining to this transaction as may, from time to
time, be necessary or desirable to effectuate the intent of this resolution and/or lease;
and
BE IT FURTHER RESOLVED, that the City Manager is hereby further authorized to
take whatever actions and to make whatever other minor changes to this LEASE and
related documents that the City Manager may, from time to time, find necessary or
desirable to effectuate the intent of this resolution and PARKING LEASE.
ADOPTED: . January 11_, _ 2010 _
APPROVED:
Motion by: S t e e b e r
Slow.
Councilmember
_00, --
Aye ay ass
Brunner
McDonald
x
Pe rro tto
x
Rashkin
x
Steeber
x
Truman
x
Voskuil
x
ric �: ,�Oitt, City Manager
ATTEST:
r
-
Je nn Wulf, City Clerk- Treasur
�r
Y
APPROVED AS TO FORM:
City Attorney
Proposed by: Community Development Department
Prepared by: Community Development Department