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HomeMy WebLinkAboutReso 93-028 - Approve & Authorize Mayor to execute the consent to assignment of the Redding Municipal Airport Rent-A-Car concession agreement & Permit from John Ehret Dodge, Inc dba B&B Rentals to assignee S.J. Denham, Inc RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING AND AUTHORIZING THE MAYOR TO EXECUTE THE CONSENT TO ASSIGNMENT OF THE REDDING MUNICIPAL AIRPORT RENT-A-CAR CONCESSION AGREEMENT AND PERMIT, AND OF THE LEASE AND PERMIT, BOTH AS ASSUMED FROM JOHN EHRET DODGE, INC. , DOING BUSINESS AS B & B RENTALS, INC. , TO ASSIGNEE S. J. DENHAM, INC. IT IS HEREBY RESOLVED that the City Council of the City of Redding as follows : 1 . That the City Council of the City of Redding hereby approves the Consent to Assignment of Redding Municipal Airport Rent-A-Car Concession Agreement and Permit and of the Lease and Permit, both as assumed from John Ehret Dodge, Inc. , dba B & B Rentals, Inc . , to Assignee S . J. Denham, Inc . , a true copy of a which is attached hereto and incorporated herein by reference. 1 2 . That the Mayor of the City of Redding is hereby autho- rized and directed to sign said Consent and ancillary documenta- tion on behalf of the City of Redding, and the City Clerk is hereby authorized and directed to attest the signature of the Mayor and to impress the official seal of the City of Redding thereto. I HEREBY CERTIFY that the foregoing Resolution was intro- duced and read at a Special Meeting of the City Council of the City of Redding on the 28th day of January , 1993, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Anderson, Arness, Kehoe & Moss NOES : COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Dahl ABSTAIN: COUNCIL MEMBERS : None S, yor City of Redding ATT T: FORM APPROVED: CONNIE STROHMAYER, i lerk R DALL A. HAYS,/City Attorney I: ASSIGNMENT OF REDDING MUNICIPAL AIRPORT RENT-A-CAR CONCESSION AGREEMENT AND PERMIT AND LEASE AND PERMIT PAUL HOLMES and PAUL JACKSON, owners of JOHN EHRET DODGE, INC. , a California Corporation, with its principal office at 21 West 4th Street, Eureka, California, dba B & B Rentals, Inc. at 6751 Airport Road, Redding, California, 96002, do hereby assign our right, title and interest in and to said Agreement And Permit and Lease And Permit to RANDY J. DENHAM of S. J. DENHAM, INC. , whose address is 772 North Market Street, Redding, California, 96001, contingent upon the U. S. Bankruptcy Court approval of the transfer of the Redding Hertz franchise assets from Messrs. Holmes and Jackson to Mr. Denham. PAUL HOLMES PAUL JACKSON ACCEPTANCE I, RANDY J. DENHAM, of S. J. DENHAM, INC. , hereby accept, contingent upon the U.S. Bankruptcy Court approval of the transfer of the Redding Hertz franchise assets from Messrs. Holmes and Jackson to myself, the above assignments subject to all the promises therein contained, and shall be liable for the remaining obligations of both the Rent-A-Car Concession Agreement and ground Lease And Permit, including payment of any rents presently in arrears, future rents, all covenants, conditions and terms within said Agreement and Lease. RANDY J. DENHAM CONSENT THE CITY OF REDDING, a Municipal Corporation and General Law City, "City" under the above Rent-A-Car Concession Agreement And Permit, and "Lessor" under the above Lease And Permit, hereby consents to the assignment of said Agreement and Lease from PAUL HOLMES and PAUL JACKSON owners of JOHN EHR.ET DODGE, INC., dba B & B RENTALS, INC. , to RANDY J. DENHAM of S. J. DENHAM, INC. , contingent upon the U.S. Bankruptcy Court approval of the transfer of the Redding Hertz franchise assets from Messrs. Holmes and Jackson to Mr. Denham, the above assignments subject to all the promises therein contained. This Assignment of Agreement and Lease shall become effective and binding upon the new Operator/Lessee upon execution, subject to the above stated conditions. The City of Redding, contingent upon the above referenced U. S. Bankruptcy Court approval, further agrees to release PAUL HOLMES and PAUL JACKSON, owners of JOHN EHRET DODGE, INC. , dba B & B RENTALS, INC. , from any future obligation of the original Rent-A-Car Concession Agreement And Permit and Lease And Permit. CITY OF REDDING a DATED: 1993 Cff LIE MOSS. Mayor ATTEST: CONNIE STROHMAYER, City Clerk FORM APPROVED: RANDALL A. HAYS, City Attorney -2-