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HomeMy WebLinkAbout2003 Ordinance No. 069• • • ORDINANCE 0 . /;,J_ SERIES OF 2003 BY AU TH ORITY !Obi CO NTRACT NO, /J,7-.J.ec,i._ COUNC IL BILL NO . 67 INTRODUCED BY COUNC IL MEMBER GARRETT AN ORD INANCE AU THORI ZING THE EXTENS ION OF A LEAS E AGREE MEN T BETWEEN ABC, INC ., THE CITY OF ENGLEWOOD AND THE CITY OF LITTLETON . \ WHEREAS, the City Co uncil of the City of Englewood auth orized the City to enter int o a Lease Agreement with Radio Prop eny Ventures (KQXI) by the passage of Ordinance No . 44 , Serie s 1991 ; and WHEREAS , the City Council of the City of Englewood authorized a "Consent To Ass ignme nt Of Lease" of this propeny to ABC Inc. by the passage of Ordinance No . 67, Serie s of 1998 ; and WHEREAS , Section IO of the Lease provide s that the Lease ma y be termi.sated by th e Le sso r (th e Ci ti es of Liuleton and Englewood) when the City Council determines that public ne cessity and co nvenien ce require it to do so; and WHEREAS , the City Counci l of the City of Englew oo d determined that publi c nece ss ity and co nve nien ce requ ired termination of the Lease in order to allow for the planned improvements assoc iated with th e Ph ase n expansion of the Liuleton/Engl ewood Was tewat er Tre atment Plant by the passa ge of Ordinance No . 60 , Series 200 I; an d WHEREAS , on Decembe r 26, 2001, the Citie s ofLinlet on and Englewood terminated of the Lease , terminating the Lease at midnight December 31 , 2003; and WHEREAS , on Augu st 20, 2003, ABC , In c. inform ed the Ci tie s of Englewood and Linl eton that it had not re ce ive d th e requi site approval from the Fed eral Communic ati ons Commission ("FCC") to relocate the radio transmitte r tower and did not anticipate obtaini ng th e approva l in time to reloca te the radio transmitter tower and vacate the premises by Dec ember 31, 2003 ; and WHEREAS , given th e de lay caused by the FCC proce edin gs, ABC, Inc . see ks an ex ten sion of tim e to vaca te the premi ses and an extensio n of the Lease Agreement ; and WHEREAS , a six -month extension of the Lease Agreement will no1 delay or imp ed e planned cons tructi on ac ti vit ie s at the Littl eton/E nglewood Was te wa ter Treatment Pl ant. NOW, THEREFORE , BE IT ORDAINED BY THE CITY COUNC IL OF THE CITY OF ENGLEWOOD , CO LORADO , AS FOLLOWS: Sec tio n I: The Englewood City Counci l hereby find s th at the Lease ma y be exten ded fo r an addi tion al six months , up to and including midnight June 30, 2004 . Secti on 2: The Englewood City Council hereb y find s that ABC, Inc . may co ntinue to occupy the pre mises until June 30 , 2004 , but must vacate the pre mises on or before midnight Jun e 30, 2004 . Sec ti on 3: The En gle wood City Counci l hereby directs that the Cit y of Englewood ente r int o an Agreement Ex tendin g the Term of Lease Agreement. Introduced , read in full, and pass ed on the first reading on the 6th day of October, 2003 . Published as a Bill for an Ordinance on the I 0th day of October, 2003 . Read by title and passed on final reading on the 20~ day of October, 2003 . Published by ti tle as Ordinance No. J;f/__, Series of 2003, on the 24~ day of October, 2003 . I, Loucrishi a A. Ellis , City Clerk of the City of Englewood, Colorad above and forcgfl9 is a true copy of the Ordinance passed on final r adin an Ordinance No. , Series of 2003. • • Date O ctober 6, "003 INITI ATED BY Ci ty A tt orn ey COUNCIL COMMUNI CATI ON Age nda It e m 10 a I Subj ect Radi o T ewer Pr o pe rty Lease T ermi nat1 on I STAFF SOURCE Stewart Fo nda , Direc tor of U til iti es COUNCI L GOA L AND PRE VIOUS COUNC IL ACT ION In 199 1 th e cities o f Englewo od and Li ttl eton entered into a fi ftee n yea r lease w ith Radi o Pr operty Ventur es fo r the Litt leto n/Eng lewood W ast ewater Pl ant (L/E WWTP) pro per ty, on w hich th e radi o tra nsm ittin g tower sits. In 1998, the lease w as tran sferred fr om Radio Pro perty Ve ntures to ABC In c., w ith no change in th e terms of th e lease . Th e tower sits on the south ea st co rne r o f th e L/E WWfP property . In 100 1 th e ci ties of En gl ewood and Li ttle ton termi na ted th e lea se w ith ABC. Inc. by O rdina nce N o. 60, Series of ~00 1 of th e City Coun cil of th e Ci ty of Englewood for reaso ns of public nec ess ity and co nvenience. The cit ies of Englewood and Li ttl eton pr ovided notice of the termination of th e Leas e A gree men t to ABC, Inc. and Radi o Pro perty Ventures, termi nati ng th e lease at midnight O ctober 3, 2003. • RE COM MENDED ACTION Th e ac ti on recommend ed is to approve by O rdin ance an extension of tim e to vaca te th e premi ses and a corr es po ndi ng ex tension o f th e Leas e Ag ree mene t w ith A BC In c. BACKG RO UN D, ANALYS IS, AN D ALTER NATIVE S ID EN TIFIED O n August 20 , ~00 3, AB C. Inc. infor med th e cities of Engl ewood and Li ttl eton th at the Fede ral Co mmun ica tio ns Co mmu nica tio n (FCC ) had no t granted requisite approva l to reloca te th e radi o tran smi tter tow er. ABC do es no t anti cipa te obtainin g FCC app rova l in time to re locat e th e tower and have th e premi ses vac ated by th e O ctober 3, 200 3 dea dlin e. A BC, Inc. has reques ted an extensi on o f tim e to vacate the premises and a corr espo ndin g Lea se Ag ree ment ex tension. A six mo nth extensio n o f th e Lea se Ag reeme nt has been re viewed by L/E WW TP staff and de term i ned to be fe asible and sho uld no t signi fica ntl y interrup t prepa rations necessary for th e Ph ase 2 proj ec t. The Ci ty oi Li tt l eton and its Council are awa re o i the sit ua ti o n and in ag ree ment w ith thi s co urse o f ac tion. FI NA NCIAL IMP ACT Th e incom e fr om the lease o f th e pro perty is approxim ately S 14,000 per yea r and is sp lit 50/50 b etween th e ci tie s o i Littl eto n and Englew oo d. Th is revenue source w ill be dis conti nu ed fo ll ow i ng te rmi nati o n of the Lease Agreemen t. • LIST OF ATTAC HMEN TS O rdinan ce