Fiscal Note
No City appropriation required.
Title
Authorizing the execution of a lease with Historic Blooming Grove Historical Society, Inc. for the purpose of maintaining and preserving the present historical value of the Dean House located at 4718 Monona Drive on a portion of the Monona Golf Course property. (15th AD)
Body
WHEREAS, the City of Madison (the “City”) is the owner of the building commonly known as the Dean House (the "Building") located at 4718 Monona Drive, Madison, Dane County, Wisconsin, which Building is located on real property at 111 E. Dean Avenue (the "Property") owned by the City and legally described as follows:
Part of the Monona Golf Course property located within the Southwest ¼ of Section 16, T7N, R10E, City of Madison, Dane County, Wisconsin.
WHEREAS, the City and the Historic Blooming Grove Historical Society, Inc. (the “Lessee”) are parties to a certain Lease dated July 28, 1993, pertaining to the Building and the Property which Lease was recorded with the Dane County Register of Deeds on August 11, 1993, as Document No. 2503904 (the “1993 Lease”); and
WHEREAS, the original 10-year term of the 1993 Lease was for the period from January 1, 1993 to December 31, 2003, and in accordance with the terms of the lease, the term has renewed automatically thereafter for one (1) year terms, such that the current 1993 Lease term is scheduled to expire on December 31, 2019; and
WHEREAS, the City and the Lessee desire to enter into a new lease for the Building on the Property leased under the 1993 Lease to allow for the Lessee’s continued use of such premises.
WHEREAS, City Parks Division staff have reviewed and approve of the new lease arrangement.
NOW, THEREFORE, BE IT RESOLVED that the Mayor and City Clerk are authorized to execute a lease (the “Lease”) with the Lessee, substantially on the following terms and conditions:
1. Leased Premises. The City hereby leases to the Lessee the Building and limited surrounding lands located on...
Click here for full text