HomeMy WebLinkAbout 939 Adams Bank Lease Agmnt 072518ORDINANCE N0.939
AN ORDINANCE APPROVING A LEASE AGREEMENT BETWEEN THE TOWN OF
FIRESTONE AND ADAMS BANK & TRUST FOR THE LEASE OF OFFICE SPACE
LOCATED AT 8308 COLORADO BOULEVARD
WHEREAS, the Town has the authority to lease property in accordance with applicable
law, including but not limited to, C.R.S. § 31-15-101; and
WHEREAS, the Board of Trustees deems it necessary and desirable for the efficient and
proper functioning of the Town to lease space to meet the current needs of the Town for
professional office space; and
WHEREAS, for such purpose, there has been proposed a lease agreement between the
Town and Adams Bank & Trust for the Town to lease approximately 2,350 square feet of
professional office space located at 8308 Colorado Boulevard in the Town of Firestone; and
WHEREAS, the Board of Trustees has determined it is in the best interest of the Town to
enter into the lease contemplated herein.
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE
TOWN OF FIRESTONE, COLORADO,
Section 1. The Board of Trustees hereby approves a Lease Agreement between the
Town of Firestone and Adams Bank & Trust (the "Lease") for the lease of certain real property
located at 8308 Colorado Boulevard (WCR 13) in the Town of Firestone, Colorado, more
specifically designated as Suites 214-221 and Suite 223 at said address totaling approximately
2,350 square feet, for use by the Town as Town professional offices, in substantially the form of
such Lease as accompanies this ordinance.
Section 2. The Mayor is hereby authorized to execute such Lease on behalf of the
Town, except the Mayor is hereby further granted the authority to approve such revisions to said
Lease as determined necessary or desirable for the protection of the Town, so long as the
essential terms and conditions of the Lease are not altered.
Section 3. The Mayor, Town Clerk, Interim Town Manager and Town staff are
authorized to execute such other documents as are necessary to implement the Lease, and to
make payments under the Lease for which funds are legally available. The Town's financial
obligations under the Lease are expressly subject to annual appropriation by the Board of
Trustees and nothing in this ordinance or the Lease is intended or shall be construed to create any
multiple -fiscal year direct or indirect Town debt or fiscal obligation whatsoever.
Section 4. If any article, section, paragraph, sentence, clause, or phrase of this
ordinance is held to be unconstitutional or invalid for any reason, such decision shall not affect
the validity or constitutionality of the remaining portions of this ordinance. The Board of
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Trustees hereby declares it would have passed this ordinance and each part or parts hereof
ii7espective of the fact that any one part or parts be declared unconstitutional or invalid.
Section 5. All other ordinances or portions thereof inconsistent or conflicting with
this ordinance or any portion hereof are hereby repealed to the extent of such inconsistency or
conflict.
INTRODUCED, READ, ADOPTED, APPROVED, AND ORDERED PUBLISHED IN
FULL this 25th day of Jul, 2018.
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Attest: �C,T...,��p�`�
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Leah Vanarsdall
Town Clerk
TOWN OF FIRESTONE, COLORADO
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Mayor
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