City of Madison - File #: 30884

• File #: 30884
• Version: 1
• Name: 10203 Lease East Rail Corridor 2318 Atwood
• Type: Resolution
• Status: Passed
• File created: 7/9/2013
• In control: BOARD OF ESTIMATES (ended 4/2017)
• On agenda: 8/6/2013
• Final action: 8/6/2013
• Enactment date: 8/9/2013
• Enactment #: RES-13-00590
• Title: Authorizing the Mayor and City Clerk to execute a lease with Philip G. Plourd and Rhonda K. Plourd for a portion of the City’s East Rail Corridor located adjacent to 2318 Atwood Avenue.
• Sponsors: Marsha A. Rummel

Date	Ver.	Action By	Action	Result
8/6/2013	1	COMMON COUNCIL	Adopt	Pass
7/29/2013	1	BOARD OF ESTIMATES (ended 4/2017)	RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER	Pass
7/24/2013	1	BOARD OF PUBLIC WORKS	Return to Lead with the Recommendation for Approval	Pass
7/22/2013	1	PLAN COMMISSION	Return to Lead with the Recommendation for Approval	Pass
7/17/2013	1	BOARD OF ESTIMATES (ended 4/2017)	Refer
7/17/2013	1	BOARD OF ESTIMATES (ended 4/2017)	Refer
7/16/2013	1	COMMON COUNCIL	Referred
7/9/2013	1	Economic Development Division	Referred for Introduction

Fiscal Note
Annual rent payable for the first lease year shall be in the amount of $803.25 and shall be deposited into the General Fund (Acct. No. GN01-78220). Rent shall be subject to a 3% annual increase beginning on the first anniversary date of the lease.
Title
Authorizing the Mayor and City Clerk to execute a lease with Philip G. Plourd and Rhonda K. Plourd for a portion of the City’s East Rail Corridor located adjacent to 2318 Atwood Avenue.
Body
WHEREAS, Philip G. Plourd and Rhonda K. Plourd are the new owners of property located at 2318 Atwood Avenue (the “Abutting Property”); and

WHEREAS, a portion of the existing parking lot located on the Abutting Property encroaches into the City’s East Rail Corridor; and

WHEREAS, Philip G. Plourd and Rhonda K. Plourd desire to enter into a lease with the City for the area of such encroachment; and

WHEREAS, the terms of a lease have been negotiated between the Office of Real Estate Services and Philip G. Plourd and Rhonda K. Plourd.

NOW, THEREFORE, BE IT RESOLVED that the Mayor and City Clerk are authorized to execute a lease with Philip G. Plourd and Rhonda K. Plourd (collectively, the “Lessees”) on the following terms and conditions:

1. The City shall lease to the Lessees a portion of the East Rail Corridor identified on attached Exhibit A as the “Leased Premises”, which area is contiguous to the Lessees’ Property located at 2318 Atwood Avenue (the “Abutting Property”).

2. The Leased Premises consists of approximately 892.5 sq. ft. and shall be used by the Lessees for the maintenance and operation of a parking lot (“Parking Lot”), which use shall be ancillary to the Abutting Property.

3. No encroachments, other than the Parking Lot improvements shown on Exhibit A, nor construction, other than construction related to the use of the Leased Premises for parking, shall be permitted without the prior written consent of the City, which consent the City may withhold in its sole discretion.

4. The Leased Premi...