Title
Resolution Approving an Amendment to the Lease Agreement by and between the City of West Allis and CTR Partnership, L.P., 7400 West Greenfield Avenue, for Parking in the Municipal Lot.
Body
WHEREAS, on December 3rd, 1985, the City of West Allis approved and entered into a Lease Agreement with West Park Place, Inc. for rental of eighteen (18) parking stalls on the west side of South 74th Street and north of the east/west alley of Greenfield Avenue; and,
WHEREAS, on October 21st, 1997, an Amendment to the Lease Agreement was approved by the City of West Allis with West Park Place, Inc. for additional parking stalls making the total number to be thirty-eight (38); and,
WHEREAS, on December 21, 2006, a new Lease Agreement with West Allis Senior Living, LLC for thirty-eight (38) parking stalls was approved by the City of West Allis; and,
WHEREAS, on November 24, 2010, an Amendment to the Lease Agreement with Stayton SW Assisted Living, LLC, successor to West Allis Senior Living, LLC and BRE/SW West Park Place, LLC, again for thirty-eight (38) parking stalls was approved by the City of West Allis; and,
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of West Allis that the attached Amendment to the Lease Agreement, by and between the City of West Allis and CTR Partnership, L.P., effective March 1, 2016, for the rental of thirty-eight (38) parking stalls on the west side of South 74th Street and north of the east/west alley of West Greenfield Avenue, is hereby approved.
BE IT FURTHER RESOLVED that the sublease by CTR Partnership, L.P. of the foregoing lease to LL West Allis, LLC, effective March 1, 2016, is also hereby approved.
BE IT FURTHER RESOLVED that the Director of Public Works/City Engineer of the City of West Allis are hereby authorized and directed to execute and deliver the aforesaid Amendment to the Lease Agreement on behalf of the City of West Allis.