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CDA Resolution 4234 - Authorizing the execution of a First Amendment to Lease pertaining to a lease with Ryan Brothers Ambulance, Inc., for space within The Brittingham Apartments located at 755 Braxton Place.
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WHEREAS, the Community Development Authority of the City of Madison (the “CDA”) is the owner of The Brittingham Apartments located at 755 Braxton Place, Madison, Wisconsin (the “Property”); and
WHEREAS, the CDA and Ryan Bros. Ambulance, Inc. (the “Lessee”) entered into a Lease dated July 1, 2015 (the “Lease”) pertaining to the use of meeting/training space on the Property (the “Program Premises”); and
WHEREAS, the original Lease was authorized by Resolution No.4139, File ID No. 39076, adopted by the CDA on July 9, 2015; and
WHEREAS, the Lessee is permitted to occupy and use the Program Premises pursuant to the terms of Subparagraph 6.b.2 of the Lease; and
WHEREAS, the Lessee desires to amend Subparagraph 6.b.2 in order to change its program schedule and occupy the Program Premises during different dates and times.
NOW, THEREFORE, BE IT RESOLVED that the Community Development Authority of the City of Madison (the “CDA”) hereby authorizes the execution of a First Amendment to Lease (the “First Amendment”) between the CDA and Ryan Brothers Ambulance, Inc. (the “Lessee”), on the following terms and conditions:
1. The Lease shall be amended to delete Subparagraph 6.b.2 in its entirety and replace said Subparagraph with the following:
Service Schedule: The Lessee will provide the Services at the Building for all CDA Triangle residents for 2 hours per week, from 1:30 p.m. to 3:30 p.m. every Tuesday, beginning on August 1, 2017. The Service Schedule may be modified upon written agreement of the parties, subject to the prior written approval of the CDA’s Executive Director or Director’s designee, which approval may be withheld in the CDA’s sole discretion.
2. All other terms and conditions of the Lease which are not specifically amended herein s...
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