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HomeMy WebLinkAboutRes.2752.05-06-2013BILL NO. 13-59 RESOLUTION NO. 0? �cR A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE A PARKING LOT AGREEMENT WITH SCHLOSS PROPERTIES, LLC, FOR PROPERTY LOCATED AT 628 BROADWAY, IN THE CITY OF CAPE GIRARDEAU, MISSOURI BE IT RESOLVED BY THE COUNCIL OF THE CITY OF CAPE GIRARDEAU, MISSOURI, AS FOLLOWS: ARTICLE 1. The City Manager, for and on behalf of the City of Cape Girardeau, Missouri, is hereby authorized to execute a Parking Lot Agreement with Schloss Properties, LLC, for property located at 628 Broadway, in the City of Cape Girardeau, Missouri. A copy of said Agreement is attached to this Resolution and made a part hereof. GWS PASSED AND ADOPTED THIS � DAY OF 2013. Harry E. Recliger, Mayor PARKING LOT AGREEMENT THIS AGREEMENT entered into this 3` day of P,P� \ , 2013, by and between SCHLOSS PROPERTIES, LLC, herein referred to as Grantor, and the CITY OF CAPE GIRARDEAU, MISSOURI, a Municipal Corporation of the State of Missouri, herein referred to as Grantee. WITNESSETH: 1. Subject Property. Grantor does.hereby convey to Grantee and Grantee does hereby accept from Grantor, in consideration of the covenants, terms and conditions herein set forth, each. of which the respective parties agree to keep and perform, the right to access, improve and authorize for the purpose of a public parking lot, the premises. located at 628. Broadway, situated in Exhibit A, in the City of Cape Girardeau, Missouri, to -wit: Part of Lot 33 and 34 Range E, Section 005, Township 030, Range 014, CITY OF CAPE GIRARDEAU, located at 628 Broadway Said premises shall be used as a public parking lot and for no other purpose without the written consent of Grantor. 2. Terms of Agreement. The term of this agreement shall commence on the V day of April, 2013,.and extend through. the 15� day of. April, 2038 for a period of twenty-five (25) years. In the event the Grantor elects to terminate the agreement prior to the termination date, Grantor shall provide Grantee with. (60) days written notice and reimburse the Grantee a prorated amount based on cost of improvements and years remaining on the agreement. Improvements in Lieu of Payment. Grantee shall not be obligated to .pay Grantor any monetary fees. In lieu of payment,. the. Grantee shalt provide improvements under the following terms: Within. one (1) year from the beginning date of the agreement, the Grantee shall make improvements to the existing parking lot by repaving the lot and the access points with an asphalt surface. and restriping the parking lot as depicted in Exhibit A. b. The parking lot shall have a layout consisting of a minimum of 4& parking spaces including one (1) handicap accessible parking space near the entrance of the main structure in accordance with ADA standards. Any future modifications to the parking lot shall also be subject to approval by the Grantor. c. The Grantor shalt be permitted to designate up to three (3) parking spacesnearthe building as "Reserved" for tenants.of the existing use on the property. d. The parking lot shall be closed to public.use.each year during Southeast Missouri State's Homecoming weekend for exclusive use by the property owner. 4. Public Use. The -parking lot shall be designated for ,public use and .parking spaces shall be limited to -a maximum of ten (10) hour parking. There shalt be weight limits to restrict the use of the parking lot by heavy vehicles_ Overnight parking shalt be prohibited. 5. Maintenance. Grantor shalt maintain all rights, responsibilities and obligations as owner of the property unless- otherwise stated in this agreement. The Grantee shaU .provide .periodic maintenance of the .parking including asphalt repairs and snow removal as deemed necessary by the Grantee. 6. Signs. Grantee shall .provide signage on the subject .property as Grantee deems appropriate, identifying the .parking lot as a City of Cape Girardeau public parking lot and reflecting the regulations pertaining to the use of the parking. tot. The signage shall also include the following,. or similar, language: "The use of this parking tot is at your own risk." Termination_ In the event that either party finds that there is a breach of the terms of the agreement, written notice of such breach shall be given to the breaching party. The breaching party shall have thirty (30) days after such notice to cure the breach. If the breach is not cured within that time frame, the injured party shall have the right to terminate the agreement at no cost. B. All individuals signing this agreement state that they have the authority to do so for the purposes herein stated. IN WITNESS WHEREOF, the parties hereto have executed this. Agreement, in duplicate, or caused the same to be executed by their officers duly authorized as of the day and year first above written.- GRANTOR STATE OF MISSOURI ) ss. COUNTY OF CAPE GIRARDEAU ) On this -4!°'- day of f>r 1 2013, before me personally appeared l nti ` Ct, tom= I to me personally known, who being duly sworn did say that they are the agents of Schloss Properties, LLC, a Missouri Limited Liability Corporation, and that the said instrument was signed on behalf of said limited liability corporation, and acknowledged said instrument to be the free act and deed of said limited liability corporation. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, the day and year first above written. Name of Notary Public My Commission Expires: CAROL A. PETERS .NOTPHY; - MY Conunissbn Expires Jinx�Y /'(% ��� ✓:�Cfi "�'•. SEAL.__ Navem6er19, 2016 p�,.,•.. Cape Girardeau County 'Af M\ •' Conxrissiona12664121 GRANTEE City of Cape -Girardeau, Missouri Scott A. Meyer City. Manager ATTEST:. Gayle L. Conrad City. Clerk STATE OF MISSOURI ) ), ss. COUNTY OF CAPE GIRARDEAU ). On this day of _ 2013,.before me personally appeared Scott A. Meyer,. to me personally known, who being_ duly sworn did say that he is the City Manager of the City of Cape Girardeau,. Missouri, a Municipal Corporation of the State of Missouri, and that the seal affixed to this instrument is the official seal of said City,, and that the said instrument was signed and sealed in behalf of said City by authority of its City Council, and acknowledged said instrument to be the free act and deed of said City. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, the day and year first above written. .Name of Notary Public My. Commission Expires: to 01f t ., y k 1.1 i� 17.plpk t 7N1 t f Y t tQ c 1 r t ,� 1 � 4t; Fjj 5 p I+�s (t t41 �a >�?4 h `1I�F 1t'fl �tk R 1 1 t wit {ii�tt ^�tl 1 �� tt int g" .141in j )q ry,vl "1 1 °�'4i� "•!�° G a•1 L 1y d�" 4i Q1 t �„ � ✓t� f �, 'g (� i 'n nt �0� 4w 31 m�l��t kt� 9ut1 "C' ij51'S" 1 Y� Nrl�{ilitt'rcl tki ;tt��l ➢ 2 1��` ,� gym �� > Ito ✓ .y t��l� ut.. g i�a�::� a s.� g t t�. t 1 t dt hl Iq6 ki+7+a�l4u f SCHLOSS PROPERTIES, LLC 628 BROADWAY PARKING LOT AGREEMENT Broadway City of Cape Girardeau NE Division of Planning Services GIS Data S May 1, 2013 I-