City of Madison - File #: 60352

• File #: 60352
• Version: 1
• Name: 12097 - Metro Bus Parking Lease former Menards
• Type: Resolution
• Status: Passed
• File created: 4/28/2020
• In control: FINANCE COMMITTEE
• On agenda: 5/19/2020
• Final action: 5/19/2020
• Enactment date: 5/27/2020
• Enactment #: RES-20-00390
• Title: Authorizing the execution of a four-month Lease Agreement between the City of Madison and Journeymen Plumbers’ and Gasfitters’ Association, Local No. 75 for the City’s lease of a portion of the property located at 2102 East Springs Drive for temporary Metro bus parking purposes. (17th AD)
• Sponsors: Samba Baldeh

Date	Ver.	Action By	Action	Result
5/19/2020	1	COMMON COUNCIL	Adopt	Pass
5/13/2020	1	TRANSPORTATION COMMISSION	Return to Lead with the Recommendation for Approval
5/12/2020	1	FINANCE COMMITTEE	RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER	Pass
5/5/2020	1	FINANCE COMMITTEE	Referred
5/5/2020	1	COMMON COUNCIL	Refer	Pass
4/28/2020	1	Economic Development Division	Referred for Introduction

Fiscal Note
The estimated lease cost for this parcel is $40,000 over the lease term of four months. Funding for this lease is to come from Metro’s Facility Repairs and Improvements Capital Program (11229-85-140-144403). The temporary Metro bus parking is needed for renovations currently being done at 1101 E Washinghton Avenue. No additional City appropriation is required.
Title
Authorizing the execution of a four-month Lease Agreement between the City of Madison and Journeymen Plumbers’ and Gasfitters’ Association, Local No. 75 for the City’s lease of a portion of the property located at 2102 East Springs Drive for temporary Metro bus parking purposes. (17th AD)
Body
WHEREAS, Journeymen Plumbers’ and Gasfitters’ Protective and Benevolent Association, Local No. 75 of the United Association of Journeymen and Apprentices of the Plumbing and Pipe Fitting Industry of the United States and Canada (“Lessor”) is the owner of the former Menards warehouse, surrounding lumberyard, and parking lot located at 2102 East Springs Drive, Madison, Dane County, Wisconsin (“Property”), which is legally described on attached Exhibit A and depicted on attached Exhibit B; and

WHEREAS, the City of Madison (“City”) desires to exclusively occupy and use a portion of the Property for Madison Metro Transit System (“Metro”) bus parking, and Lessor desires to allow such occupancy and use, subject to the terms and conditions contained herein.


NOW, THEREFORE, the City and the Lessor (“Parties”) mutually agree as follows:

1. Property. Lessor hereby grants the City a lease of the Property consisting of approximately sixty-five thousand square feet of outdoor storage within the Property, subject to the terms and conditions set forth in this Lease.

2. Term. This Lease shall be for an initial term of approximately four (4) months, beginning as of the date on which this Lease is executed (“Commencement Date”), and expiring at 11:59 p.m. on the date (“Expiration Date”) that is the last d...