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HomeMy WebLinkAboutReso 91-012 - Approve Letter of Agreement to amend the lease between the COR & Redding Aerotronics, Inc 1 4-9-10 (C) • � ' RESOLUTION NO. i RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING LETTER OF AGREEMENT TO AMEND THE LEASE BETWEEN THE CITY OF REDDING AND REDDING AEROTRONICS, INC. I j WHEREAS, the City of Redding has entered into a Lease with I i Redding Aerotronics, Inc. ; and i WHEREAS, an Addendum to the Lease was negotiated and i subsequently approved by the City; ! BE IT RESOLVED by the City Council of the City of Redding, as follows: i ' That the City Council of the City of Redding hereby approves i the attached Letter of Agreement, dated September 10 , 1990, i agreeing that a new Addendum will be prepared that eliminates one I I paragraph of the Addendum, thereby not _ requiring Redding Aerotronics to reimburse the City for asphalt paving in front of the hangar should they not complete the Lease term, in view of the fact that the paving actually is and will remain City-owned improvements; I HEREBY CERTIFY that the foregoing Resolution was introduced I and read at a regular meeting of the City Council of the City of t Redding on the 2nd day of January 1991, and was duly adopted at ! said meeting by the following vote: AYES: COUNCIL MEMBERS: Arness, Dahl , Fulton, Moss & Buffum NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None E )'(ANC F UMC,, Mayor i City of Redding 1 ATTEST: ET L A N HOL City Clerk i FO APPROVED: *RDALAMA�. H S City Attorney , I i i i i I 1 I R�`Oo City of Redding September 10, 1990 Mr. Brian Dyer Mr. Martin L. Elshire Mr. Steven A. Vold Redding Aerotronics, Inc. i 6751 Airport Road l Redding, CA 96002 i 1 Dear Messrs. Dyer, Elshire and Vold: j i It has been several months since my last correspondence to you regarding the First Addendum to your Lease. In the interim, I understand that you have discussed the matter with the Assistant City Manager, and in turn, we have reviewed the matter thoroughly and wish to make the revised proposal that follows: While we continue to believe that we reached agreement in good faith with I the official of your company who was designated to conduct negotiations regarding your Lease, it is obvious that your firm does not share that view. Therefore, in the interest of moving forward together in a produc- tive manner and fostering good tenant relations, we would propose that the last paragraph on page 2 of the Addendum be remov6d and that the remainder of the document stand as written. If you agree, please complete all signature blocks below and return this letter for our records. Should you do so, please enclose all copies of the original First Addendum previously sent to you for signature. A new Addendum will then be prepared and forwarded to you for execution. i I look forward to receiving your reply confirming your wish to move for- ward. Sincerely, 1 D. C. Ruff Director of Airports Concur: j MA IN L. ELSHIRE Concur: STEVEN A. VOLD FORM APPROVED Concur: BRIAN DYER CITY MIA 4EPT. DCR/vkm J c: Samuel S. McMurry, Assistant City Manager j Randy Hays, City Attorney j 760 PARKVIEW AVENUE, REDDING CA 96001-3396 TELEPHONE 916-225-4000 I i