HomeMy WebLinkAboutGrand Opera House Foundation/Amendment to Lease Agr r
CITY OF OSHKOSH
LEGAL DEPARTMENT
215 CHURCH AVENUE, P.O. BOX 1130, OSHKOSH, WI 54903-1130
PHONE: (920) 236-5115 FAX(920) 236-5106
LETTER OF TRANSMITTAL
To: Oshkosh Opera House Foundation Inc Date: December 19, 2014
100 High Avenue Pro�ect: N/A
Oshkosh, WI 54901 From: Carol Marchant, Adm. Assistant
Re: Amendment to Lease Agreement
Attn:
Please find: � Attached ❑ Under Separate Cover
❑ Copy of Letter ❑ Contracts � Amendment ❑ Report ❑ Agenda
❑ Meeting Notes ❑ Photos ❑ Mylars ❑ Change Order ❑ Plans
❑ Specifications ❑ Estimates ❑ Diskette ❑ Zip Disk ❑ Other
Quantit Descri tion
1 Full executed Amendment to Lease A reement for the use and o eration of
The Grand O era House
These are being transmitted as indicated below:
❑ For Approval � For Your Use ❑ As Requested ❑ For Review& Comment
Remarks:
cc: City Clerk (original)
Purchasing (copy)
City Attorney (copy)
AMENDMENT TO LEASE AGREEMENT
The City of Oshkosh, hereinafter referred to as CITY, and the Oshkosh Opera
House Foundation, Inc., hereinafter referred to as the FOUNDATION, entered into a Lease
Agreement dated December 15, 2004, for the use and operation of the Grand Opera
House, 100 High Avenue, Oshkosh. The initial term of the Lease Agreement was for five
(5) years, with renewal terms of the same time period until a party provides a six (6) month
notice of termination.
After one renewal term of the Lease Agreement, the CITY provided the
FOUNDATION with a notice of termination of the Lease Agreement effective December
31, 2014.
The parties subsequently entered into negotiations for the purpose of entering into a
new Lease and Operations Agreement for the Grand Opera House. While the negotiations
for this new Agreement are incomplete, the parties believe that the negotiations will be
successful if allowed additional time and that both receive a business benefit from this
extension.
The parties therefore, agree as follows:
1. The term of the Lease Agreement dated December 15, 2004 and scheduled to
expire on December 31, 2014, is hereby extended on a one-time basis an
additional six (6) months and will therefore expire on June 30, 2014 without
further action required by either party.
2. All other provisions of the December 15, 2004 Lease Agreement shall remain in
effect, EXCEPT the following:
a. All provisions related to renewal periods shall be deleted; and, �
b. All provisions related to notification requirements for termination of the
Agreement, whether six (6) months or otherwise, shall be deleted.
c. The amount of income from room tax dollars to be paid to the Grand
Opera House Foundation specified in paragraph 5.a. of the current
agreement shall not exceed $148,000 for the period from July 1, 2014
through June 30, 2015.
3. A copy of the December 15, 2004 to be extended, subject to modifications in this
Amendment, is attached as Exhibit A.
the Presence of: OSHKOSH OPERA HOUSE FOUNDATION,
INC.
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� By. �C� - -
E. Ala man, Chairman Board
��2�� n�� �;�y��J o � ectors
By:
Joseph A. erlo, Presi ent and CEO
CITY OF OSHKOSH
By: �--- `,r���_
Mark A. ohloff, City Manager
And:
fl nc�ei c,. � �50�c� g; � -��� k C'��^�1 C�e v��
ApprQved as to For :
/ �
Lynn . Lorens , ity Attorney
I hereby certify that the necessary provisions
have been made to pay the liability which will
accrue under this contract.
��1�
ity Comptroller