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HomeMy WebLinkAboutReso - CC - 014-2001RESOLUTION 14-2001 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME APPROVING LEASE AGREEMENT WITH RECTOR MOTOR CAR COMPANY REGARDING CITY RIGHT-OF-WAY AT THE INTERSECTION OF ROLLINS ROAD AND BROADWAY RESOLVED, by the City Council of the City of Burlingame: WHEREAS, the City of Burlingame owns approximately 5,450 square feet of currently excess right-of-way ["Property'] at the intersection of Rollins Road and Broadway; and WHEREAS, the Property has been leased in the past to Rector Motor Car Company ["Rector"] for use as vehicle display and landscaping; and WHEREAS, Rector wishes to continue to lease the Property; and WHEREAS, the Lease Agreement attached hereto would allow Rector to continue to use the Property while ensuring its availability for future public needs; and WHEREAS, the Lease Agreement is below full market price because of the short term of the Agreement and the commitment of Rector to the community, NOW, THEREFORE, IT IS ORDERED: 1. The Lease Agreement attached hereto as Exhibit A is approved, and the City Manager is authorized to execute the Agreement for and on behalf of the City of Burlingame. 2. The City Clerk is directed to witness the Manager's signature on behalf of the City. I, ANN T. MUSSO, City Clerk of the City of Burlingame, do hereby certify that the foregoing resolution was introduced at a regular meeting of the City Council held on the 20thday of FEBRUARY 2001, and was adopted thereafter by the following vote: AYES: COUNCILMEMBERS: COFFEY, GALLIGAN, JANNEY, O'MAHONY, SPINELLI NOES: COUNCILMEMBERS: NONE \: 9:I�IIII<K�111►L�If_1J�Tif_:]TI_: �yl9LL`L GLw� J WL�oa CITY CLERK