HomeMy WebLinkAbout29010 / 77-15��
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- _';._�Pr"�SE: i'O F�'y'T`II2 I2V"I.'O I�EASE AGF�EII''S�"�Ti I' VdITH S00 LINE RAII�OAD OJT�I�NY
='�i.i��'T"":D �Y: CITY A�MINIS`I'RATION
=�?v �'_'�:SI(�'i I�UC�'.'vDATId�t: APPRC3iTID: 7-0
;�_ s�.S, th.e Soo Line Railroad C,a�any has offere3 to lease to the City
c= �.���cash, for a ten:�► of five (5) years, certain property in the City of
�_ ^�csh;
;�,�"5N T:-�'ORE, Br^, IT RFSOL��D by the Cacaron Gouncil of the City of
;,�;_kcsiz that the pra�cer City officials are hereby authorized and directed to
_..�'-,�� irf=o t.�':e attached Lease Agreement with the Soo Line Railroad CcxrpanY
_� =� in the 7th t��ard in the City of Oshkosh, to be used as a municipal
��=�,_�g lot. Annt:al. rentaJ- shall be $2,000.00 or an am�unt above $2,000.00
:� c�=i.�~-�irrd by the consu�r price index.
- 15 -
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Soc� LinE Raiiroad Company
,
+����L.�
Soo Line B�ilding
Box 530
Minneapolis, Minnesota 55440
(612) 332-1261
July l, 1977 �,�
�,�
�V
�D
JU� �� 197�
crTy
Mr. William Frueh "'�Vf�(JE ,
Oshkosh City Manager �FFI� R S
City Court House
Oshkosh, Wisconsin .
54901
Dear Mr. Frueh:
Attached are two copies of Lease No. 21668 covering site
on railroad property at Oshkosh, Wisconsin.
Please have both copies executed on the part of the City
by an authorized official and attested by the City Clerk.
Both copies should be returned, together with a certified
copy of the resolution authorizing the signing. Upon
execution the Railroad will return one copy to you.
It is understood that in the event the Soo Line moves its
route through the City out of the downtown area, prior to
the end of the 5 year term of the lease, that the lease can
be cancelled by mutual consent.
Yours truly,
Geo. T. Bergren
Director of Real Estate
�� /�' `� �''�-yz-�24���-�
�
by D. L. Hanson
R/W and Lease Agent
DLH:sb
Attachments
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������T� ��� ��
Term /
� No. .21668
�Ths A�yreanerut, m� un�i esmrred mw as of the �-S t day of Jll1�7 ,19 7 7 , by and betwttn
SOO L.iME �4D CII�I�IPPAIIY, Lceinaf•.er czi{ed "Lessor". and .
CITY OF OSHKOSH, WISCONSIN
�- . �f , hereinaRer crlled "L.e:sec", WTI'NESSEfH:
e3) 3M L^s.war. a consideratioa of d�e payuxncs. cm.enaca and coaditioas hcreinafter xt forth, tu be made, per(ormed and complied with by the Lesstt,
}er�.by ces.es w dtc Ltsx� :fw�tt :rstaa premius, si[�arnd at or near Oshko sh ��.,. .. -, ca,,,�r or Winneb a go
se� � Fii'isconsin .
,�-rit+es,ussoU��uz. �
Al7 �ose parts of Lots 2, 3, 4, 9 and 10 in Block °6A" in W. W. WrioY:t's
Z3� �d1�20II in the Seventh Ward, City of Oshkosh, per Leach`s Map
o� 1$94, as shown outlined in red on the map attached marked "Exhibit A"
a�d �ade a part hereof; _ . , .
F3C�NG �.herefrom Lessor's loading platform shown shaded green on said ..�.�
"'"r�hiDit A" and reserving vnto Lessor and its patrons continuous roadway �
access t�ereto through the leased premises . ._. ?-
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. . . . . . . � . . - . . •.a.a ��r� � �. ; e,.... �,.,.:�+ ..y. � . � � .. .
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� . . �. . . .. �.-... ... A . e. Lr..-..,:.Z% � :.�X i�0.�-' . t�i:.J}•.I rTM.v...� � ..
-i........ ..L�. .,.�s.. .4. .f-,"..i _ ;i.. _ � F ., ..a � A _ ______ _ — _'y.. . . . . . .. ` . -.
YO F1AVE irh1D 7D NOIA br:ie:trm of . F1Ve . � (-5- ) years from the date 6ereof, hercinaher rcfcmed to az the "basic [emi ', and thereaher Irom ��
y_ar to .Wrc_ sue!ei2 tww_os:r. �o cermioation az any tave as bereinaker pcovided_ � . .
�='n .4D- �'°- � -' "-orvr�mants . . . . - . . . .. . . . . , shall bc construct- : .
cE imd ias:s.ticd rn� mamrr s.u�.:^s:orv co ,he Izs,or. �..iG�in one hur�mi aad c•.eary ;ays 6om the date hercof, and the premises shall tben be continuously and exdusivety occueied and
�rJ by ^tr i.e5ser �urir,t�e cen of ufa teax ai a site for . _ , . . .. -- - .. - • PS2'�C1Ilg
o-= au�o�bie� in the locations outlined in red on the Lessee's mag attached hereto
�r"�d ` �tl? � z. t B"
: - - -- . - -�- . - -.
�;, T� �--y�,s»�„E �� s� «K r�• x� ���� a�r :sK �.�s« �to Thousand and No / 100------�--------
: nda�rs ! S 2��!QQ �� y per annum, p�yabk � gjlj'jjja,lly � � in advanc0. as rental for [he leased premises, subjecf
r,�� ;mc�ct� as yrn4�d n Satia�.s f+) �oet. .
.-t�• .4. i'te l.e+�.r �ro �.:utitioe ;o said r.nt describW above or u ma;i£*ed foi7o.��ing rrappraisals, if any, shall pay all taxes, auessments, licenu tees or other charges (ezcept as-
s.-y.;.men^f :e :ai-: 's�r v��mrr_�c ;��eu impro�:;nran o�`xr L`an tross�4aiksr ��hich a�r be levirii by any statt, municipal, county or ftderal authority a�pinst the whole or any part of [he
i-��+cd a�mwei m::i�o.ne y+l i;xm�.emrnr.s Icxated t'xr-!xt, or aaimt �.he hniness a�rkiucted upon the premises. If any such assessmenn or tazes (or permanent street improvements
cmez .hxc `-•oss•a�i�.s �r.ul� x;r+�a� or assessal or M:offx payabk apaiest tna ie�std premius during the term of this lease, tht annual rcntal hereunder as the same shall havc been
r,o.�ii�ca ;�.ecuate ;.;i -�eer es;� ii ;srv. ,frali be inerea:ed tw an amouni equai to un prrcen� ( I(fr� o[ the [otal gross amount of such asussments or ta.zas, or the proportionate amount
�r-ecrf. :rnr.rr!s� =T.urgcn�ie .o _?c 'cs�ai pr-mnts_
. Sn ac a�ev aQ am ;r.�pr:u,a7, LSc rr,,,ppr,iud .atue stwl ake ioeo cons:dern[ioo the improvements which arc the subjec[ ot assessmen[s or taxes, but a�y reappraisal value
s'ra�7 be ✓ z+wea �. a ten� a eq�ai to cen prrcYOt ( I�f'i� of a; smenis or �azes [or permanent stree[ improvemrnts other than crvsswalks.
�' See ('�-r+'� `"�`, on reverse si�e
���� 1'tc i:r.ssc i�tl b]Q pi2K M �xrnii anr :ffaur�at_ >trvtture cqvipmen[. pok, txam, cable, wirc or other obstruction. nearer than eigh[ (8) feet six (6) inches horizontally
intrsurcs aa riL�te smeks, �r*+m _�r xneer l�ne �t any ra.i�:a}� tr_ck now or 6errsitcr 3a.acesi upon or adjacent to the leased premises, or nzarer than twenty-five (25) feet vertically measurcd
:nna _!x np ni x-.>it; n�r xrr*.ic any cu:�yauon co be ;r�ade or remain n�rer cimn ei3hi �8� feet six (6� inchzs horizontally from the ceneer line of any such track.
nr The C�ssc WraiL 3ir.�sg tbe :erm of this [eau, :uily praect ttx ieaud premists from aIl mechanics' and materialmzn's liens accruing by reason of Ihe construction, main•
:..-�:.mc� -,..�ir, zp�enrna ;K �c+a! of an y truik5ngs or improvemenes of cne Lesxe locaeed upon the teased premises, or the use o� ocrupaxy thereo( by the Lessee.
'�1� Ttr Lscc�e �:eU :+r ;usi�r no ubii,acion to nuintain a rcaa.e :-ww from Gmeways xrving the IeaseJ prcmius and arty maiotenance or snow removal by the Lesstt shall be
�rried aa¢ :n a m�nmer aaa will .rax c�ter.°ere wi!h rdilroed operations on cracka� adlarrn� co the lcased premises. . � . . .
:4i TLc i,-ssc ilvaU mt permi� any n6vrn�semmts or signs upon cbe [r..�sed premises other than advertisements or signs relating stricdy to the business which is being conducted
�ecccm.
v. ���:.ty ..•mrvi w[ta 'n�n:w�r rncs o( 311 federal. s��.� m� ip-a1 regu'r� � ordine�x 'and faw �:.. �.. . Y
�'1b The !.._.�sse- ;h.u{I wt renau ibe eustzncr of eny nuesaime u permit them to be used for any purpose other than as herein authorized; shall ai ail
�=* �� �n �• : umuia[ions o[ wazte materia)s wh.ch may crea[e a fire hazard; and shall at all [imes
� � Y • s, and the orders of any duly constimetd public authority now or hereaRer in e(ket,
in amy �~y uo���nrc w 9-.cu«n.a�-f aa-v�ncv or u�e oi :,x ;uud premisci by [he Lcsue_ arni a[ the Lessee's sole ezpense make al{ improvemen[s, alteratipns, repairS or addi[ions, and iu-
�:riC nll :op�+a�nw�r r.eqw^� -w� ar� saah :e�]xtuns_ onLnances or laws. � • ..
�:�ka i ia Cx m.:rr�aoca amd aaeed tfbt t}x movemrnt oi reilroad lwromotiits, [reins or cars and the work in:ident to the main[rnance of [he right of way and track in close prox-
m�cy io �r r_a�rt �rerr�� .ia�ciYes scwx rnk of �Saznagc co ;rruetura aai propeny ibereon by 5rc, vibra[ion and smoke. The Lessee sha8 assumz all liability (or, and release and indem-
nrr -ne 1 w.;,r �rtn nn� �:.mcL any ac,f a� .lamaya�c to scruttures, in:.!u.fing �ix�r sppurtenances, equipment and appliancca loca[ed upon the leased premises, or any o[her property locat-
~_: :7r_ n:_cu itess .r �++aei:er cx cv;t �uxd Sy cht rxe:;�ence of �tx Ltswr. ansing [rom 6re, vibration or smoke cause3 by or rezulting from tAe operation by the Leswr of
�cv �� -�. --mz ��-. �� «c :c�r,.;�; tr. :ne icswr ui reur�.i main�rran,� ia �c viciru[y of ene icaseu premi�es, or frum any uther caust, eticept to the premises oi :he Lesior an� to
:�lim¢ si.i a:+eKniyme to �nc L-•n.,v or :n otben �i to Mipm��s in course of �aasp:�ration_
'-'- ; he �i..--sue ac'-'iry '�+`-acts [+it Les.,or fran. arxi a3rres io indesnity ic agains[ a1t bss. damage or injury caused by or resultirsg from any act or omission by tlx Lessee, its
-.nc�ioyr_� nnd vima�,. xr ae p_-�.;o or �roperty o( :he. par.ics ix:e�o an.i t}ux empb}e�.s anJ agents. and to the pzrson or propzny of anr other person, firm or corporation, while on or
:r..;urt ;ir_ .e<:ea ;rcm�sr.c mnd r in+ c�rcn or IsalrLty, other tMn Erom Firc. vitrraeion x smoke, shall anse from the�oint or concumng negtietnce of both purties hercto or their employces
.r, s�.nta. a btwti :o i+onr r.�uain Sv ux parties hcrcto. .
- TM aa.-�. a: fi�uB hr+e'3'e 5ii1 �cr.h� of my insurarwY effected br t,Se Lessze so fat as may be ntceisary to protect the Lasor against any liability specified in subsections A
m�f 3 oi :ze� sec.-lu,a. nntl vi w:� �awr,�a:e �oinies s1su1 �nn�vn � chuse aAcein the �nsur�r waives iu righc of recovery ageinst raii ay companies.
's; �� A_ S'.ne L-+re slx;➢ �x �spc»z of or ran�.e any bulWings or a�provr.nents lo.nted upon the leastd premises, without firs[ paying al! rent, tazes, assessments, littnse fees
:� �.�er :.�xr�ees 4mch nav x a�e aerewwier. or wxhaw fint obrainirtg ihe ..nuea c�a�so[ of che Lasor. � � �
' "' - �'r-��� �w-� �:_�n.�:; „c�,.x icrs or ou>u c�inren payabi�c nrreuraicr art pazi dut, tne i.essor shull have and is !ureby �anted a Iien theretore upon tAa Dui1d-
ma -rW mc�*u.-encnts ed �r_ L-�.;er 1o�ud uF.x� ttrc 'c caJ pr�n� iixiuim; aEytian�es, and upon thirty (30� Says' writ[en notfce to the Lesxe may take possession of and sell the
sune nnd sgralv :tr_ proa:._-�.zr. swnst su� pase .:ue indeWn?(w.-a. . . �
i;=i '1''� L^�.Fe_ �.hsli ��mY i:troo faJ to per�ior:� a rnmpiy w�ih aay o{ tSe eerms. covenants or conditions of .his leasz, and such dtlault continucs for a period ot ten (10) days
ni�* MTi�c�e nuc= aneraiC �y ae Les»r [o tiu Loxe. uKn the Lasor may 3n}are Liis kase a[ an end anJ forthwith re-enter and uke absolutt possessan of the izased premises.
"+ Ths ici.se �knP � vxja-t �o termui.tioo at any time afra the �sic [era� srated in >ection i hereof by either party hereto upoa thiny (30� dayi writ[en notice to tht other.
T�'fGn su 'cmuute+rL � 3.._-s�cw �r,ii �nke �op�xt»nate refurnl io see i„estu o( rrntal ihat shali have becn paiJ in advance, after dnfuction of any amounU payabie by the Lessce
tc�t+nsier.
� 7-t+ Lf z.nu�r^o T. ae l.e�.�x ;o do w uport ;erminaiion o( this kau tor aay reason, tix L.essee shall prompdy remove ail ot tbe l.essee'x buildings. improvzmonts and properry
7t�s -Mexr.n u;v.m ,t.c r_r�y :w-nr�ty. �J �p a;1 esca.atiacs :nt mwy 4awe',+rea maSr_ an.1 tafrerwier :omplate pos>ess�on of the premues :o [ix Lessor, in n condition satisfactury to the
L-+.+.�R. �:n:.wa :rG Lra�^- �d •v m:.r s:r�i rcmo.-;! or rrstur<t;oo, ;he (.es;,or, ac ics r'e:rion, may either «move the Lrsxe's buldi�gs, improvements an� property anJ resture the leasnf
�em�rs ua +.ue�:�nrurYr �rr.�r Soaatr wte. s[ *.ne soie u�xme ot tM Ltxsre, .x auy rcrarn [ne Lessee't builJings, improvemenis arni properry a� the Les�w's sole propeny.
.. . F�urn� 1:�3— T?�1 - � � . . . . .
�e
(i5) Any no�ice o( termination or uthtt notice givrn by the Lessor hercunder, shall be goai if served upon the Lessee, or if deposited in a United� States post office, certified mail,
addressed to the L.esxe at the last knowv address of che Lessee. .,, . , . .. .. . . .
(76) This Iease shall not be assignaf or in any manner transfcrred by the Lessee, voluntarily or involuntarily, by opera[ion of law or otherwise, or the leased premises or buildings
ehereai subk� usnl or occupied for the conAuct of any businzss by any third person or corporation, or for any purpose other than herein authorized, without the written consent of the
C.usor. Subject �hereto, tliis Irase shall inurc to ehe bene5t of, arnf be binJing upon, the heirs, executors, administrarors, successors and assigns of the respective parties. �
(17) This kase and alI provisions thercof shail bc subjac[ eo revision at any time if made necessary by any order or finding of [he Interstate Commerce Commission or state
. authoti[ics having juri5diction_ . � . . .. . . .. , . � . . . .
�(l� The Lessee agrces ttwt anificial lighting in pump houses, warehouses, or other enclosure where oil or other intlamable tluid supplies are handltd or storeJ, ezcept when in
uobroken original continers, shall be by ekctricity, ami this electrical installation and any other electrical installation on such premises shali conform to and be mainteined in accordance
with tAe "National Ekctrical Code", a�w! in x.-orcinnce with thn rccommendations (or such locations as embodied in the National Glectrical Safety Code, and also in accordance with re-
qwremenes of any local onfinance or Sta�e or Faieral Laws which may be in effect during tAe terms of this lease.
� (19� T�e Loste further agrccs that aher �ertnination ot tht lease by either party for breach�'of any provision of said lease by the Lessee or for any o[her rrn.son, Lessee shal� con-
� onue to pay to che Lessor, at [hc ratc in cffr�t on tSz Aace of termination, rrntal for any period of time after s:�id tzrmination duriog which Lessee remains in possusion of the leased yre-
rttis�s or dunng yhich any buildings of persaul proprrty of Lessee remain on said leased premises.
(20) Lessee further covenanu and agees that it will pay and discbarge and indemnity Ihe Lessor against any and ali loss, costs, damages and expenses sustaintd by the Lessor
(inclu.img reasonable attomzys' fm aral le�l ezpznses of the Lessor� incurred by the Lessor by reason of any breach by the Lessee o( any of the terms, conditions or provisions contained
in sawi Itax. -
(2� ) I3e Lessor dot� no[ wairnn[ ti[k [o the prcmises referted to herein. , � � � � � ' .
1_�1 Re ba.ia nn'-{ • � F =1J � f rh h i v n�� � c�� S r- t�_r �ti�n ti> � tia „tioa.� � v,..,ti �„ cd .�.Y
each succtssive one (I) year ptriocl of tht ba}ance of said basic lerm shall be such sum per annum as shall be determined following a reappraisa! of the leased re•,'� e ezpira-
uon of the fust aod each succeeding ona (1) year periai. The rent adjustment referred to in this Section (22) shall be conducted in the folln�' . ere shall be a redetermination ot �
t}�e fav rcneal amount for the leased premises, ezclucive of improvemenes thereon and wi[hout regard to Ihe particulr ey are a[ the [ime subjected, to 6x the rental for one
�(I ) yrar pe�ais folbwing the initial ona (1) yrar periai of said basic tarm. If the partizs Fail to agree armination within the thirty (30) day pzriod nzxt preceding thz betinning
. o( pch ux (1) year periat, Nt sume shall ba fized by arbitration. Each part s� ect one arbitrator, who shall be a qualifitd real estate appraiser, but if either party sha11 [ail
co uiec[ an arbrtrator wfthin 6heen (15) days afttt the other �.� o selzeted its arbitrator, the arbirra[or so selected by thz other party shall select an arbitrator for the party in de-
Eau1L ibe two arbitrators so stlec[eci � '� itrator, who shall also be a quali6ed real estate appraiszr, anJ if they shall be unable to agree upon such third afiitrator, the latter
nay be appoin Cnited Stuta Diuric[ Cunrt of the DistricF in which said premises is located. The deci;io: o£ a majority uf the arbitretors shall be finai and binding
(23) The Lessee, at'its sole expense,'""shall install and maintain a bituminous
surface_over the entire leased area, all in a manner satisfactory to the Ra.ilroad
Company's Chief Engineer or his authorized representative. '
. . . . JG �.. . [ . . ... � .; . . .. � . . . , ., . .. .. _ . . . . . .. _ .. . . . ' . . - . . � . .
(24) The Lessee,. at its soZe expense, shall provide for prompt snow removal
from the entire leased area. �`"' `� ` `�
�(4) C. The "base rent" shall:hereafter be increased or decreased each billing
date of this lease to an.amount equal.to the product of the "base rent" multiplied
by the fraction produced by dividing the "index" for fihe "comparison month" by the
"index" for the "b�ase month"; provided however, that ir� no event shall the "base
rent"�be less than the sum provided in paragraph (3) above.
�: . _ . :. . _ i -
��`-� :� As used herein the term "base rent" shall. �mean the rent stipulated in
paragraph (3) above. The term "index" shall mean fihe "aII items" group of the
.
IInited States citq average consumer price index (1967 = lU0) issued monthly by the �
Bureau of�Labor Statistics of-the Unified States Department of Labor, or its successor,
The term "base month" shall mean July, 1977. The term "comparison month" shall mean
the_most.recent consumer price index available immediately preceding the billing date of
this lease. The "index" for the "base month" is 180.6.
AP�ROVEt1? �PROV��[�-'!�
%�� CfiILF EP7GITJE�,�'"
�fl#i EXECUTtO�I_____��1� AREA Sa. FT.
��D� FILu t{10E.
TAX RLC���.D
E2dTLP.�±:D - I2'DEX tS'�P
CAPICELLED
NOT TO BE RECORDED IN PUBLIC RECORDS �
RE�dOVE.D - I2tDEX biAP
--- --. - 1N WITVESS WHEREOF. the parties hereto have caused this lease ro be duly executed, as of the day and year first above written.
. . . ... . . ��. � . .. . . � . . �'� SOOLINERAILROADCOMPANV . . �� �
" '-'-..... " '- " '- " '.....'• " •'-' ........................................... By ......... _ ..... " --'..................................................
In Presancc of as to Lessor
- Director of Real Estate
CIZ'v..��'..OSHKOSH,...L•?ZS �flAISTN ................ ...
�k55«)
" " " " """ ..................................................................... BY ..........................._...........................................
' ' � In Prcsance o/ as to Lesxe . �—` � � � ' - � � - -
Its
.. _ . :�: �. ... .
_ ._ ,..,�_ .,�4� ,:--�� . . - ,
Not assignabfe without consent
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