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2003-364RESOLUTION # 2003-364 RESOLUTION AUTHORIZING THE CITY ADMINISTRATION TO EXECUTE A PROPERTY LEASE WITH THE JANESVILLE SCHOOL DISTRICT WHEREAS, City Council resolution #2003-341 authorized the City of Janesville to acquire the Alliant Tech property at 101 Rockport Road, and WHEREAS, it is the intent of the City of Janesville to lease out rental space in the building to offset acquisition cost, future building demolition, and site restoration, and WHEREAS, the Janesville School District has executed a five-year lease with a five-year option for a portion of this building, and WHEREAS, to lease this property is in the best interest of the City and of benefit to the Community. NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Janesville, that they hereby authorize the City Manager and/or his designees to lease building space at 101 Rockport Road to the Janesville School District on behalf of the City as the City Manager may deem necessary or desirable to effectuate the intent of this resolution. BE IT FURTHER RESOLVED, that the City Manager and/or his designees may, from time to time, negotiate, draft, amend, execute and enter into such changes and other documents to the property lease documents, contracts and agreements and take such other action as the City Manager and/or his designees may deem necessary or desirable to effectuate the intent of this resolution. ADOPTED: March 24, 2003 APPROVED: ~even E. Sheiffer, Cityxl~la~ager ATTEST: J,e,a"n Ann Wul~, ~3i~y-Clerk-Tre~u~er APPROVED AS TO FORM: City Att°rne~; ~' .... MOTION BY: Steeber SECOND BY: Brien COUNCILMEMBER AYE NAY PASS ABSENT STEEBER X MURPHY X DAMRON X WILLIAMS X DEGARMO X BRIEN X O'LEARY X Proposed by: Assistant City Manager Prepared by: Leisure Services