HomeMy WebLinkAbout2021-061 AMNDT - COA,ASD, & OCDC AMENDMENT NO. 2
to the
LEASE
between
THE CITY OF ASHLAND, OREGON,
a municipal corporation(hereinafter"City"),
and
OREGON CHILD DEVELOPMENT COALITION, INC.,
an Oregon non-profit corporation(hereinafter"OCDC"),
for the
PROPERTY LOCATED AT 265 NORTH MAIN STREET,
ASHLAND, OREGON
(hereinafter the "Briscoe School Property")
RECITALS
A. The Ashland School District and OCDC previously entered into a five-year lease agreement
on December 19, 2014, for the lease of the Briscoe School Property(hereinafter the
"Lease"); and
B. The Ashland School District sold the Briscoe School Property to the City pursuant to a Real
Estate Purchase and Sale Agreement fully executed on March 29, 2018, and transferred all of
its rights under the Lease to the City; and
C. The City and OCDC previously amended the Lease on or about December 4, 2018, to
increase the occupancy of the Briscoe School Property by OCDC and to extend the term of
the Lease until December 31, 2021, along with other changes (hereinafter"Amendment No.
1"); and
D. The City and OCDC wish to amend the terms of the Lease to extend its term for a period of
six months.
AGREEMENT
NOW THEREFORE, in consideration of the mutual benefits and obligations set forth
herein, Ashland and OCDC agree as follows:
1. Amend Section 1, TERM, POSSESSION, AND OPTION TO RENEW, of the Lease as
follows with strikeout wording deleted and underscored wording added:
The City and OCDC hereby agree to extend the term of the Lease for a period of six(6)
months until June 30, 2022. The City and OCDC hereby agree to exercise the option to
December 31, 2021. The parties acknowledge that there is an error in these dates in the
Page 1 of 2: Amendment No.2 to the Lease between the City of Ashland and the Oregon Child Development
Coalition,Inc.for the Briscoe School Property
•
original agreement.
Two a)additional 3-year extensions of this Lease agreement will be available if agreed
to by both parties in writing. OCDC will notify the City of its desire to exercise an
extension at least sixty(60) 0 days prior to the expiration of this or any extension of
the term. The City will respond to the request withing ten L10)business days of Of
receiving the required notice from OCDC.
2. Except as specifically modified by this Amendment No. 2,the terms and conditions of the
Lease and Amendment No. 1 remain in full force and effect.
3. This Amendment No. 2 is effective December 31, 2021.
IN WITNESS WHEREOF the parties have caused this Amendment No. 2 to be signed
in,their respective names by their,duly authorized representatives as of the dates set forth below:
CITY OF ASHLAND, OREGON OREGON CHILD DEVELOPMENT
•
COALITION,INC.
By: BY: O a. D40,1",,
Printed Name: Gary Milliman Printed Name: boxt4 14.4 1300.e..)
Title: City Manager Pro Tem
Date: \*‘1 - _ Date: ///moi 1.2o2i
Page 2 of 2: Amendment No.2 to the Lease between the City of Ashland and the Oregon Child Development
Coalition,Inc.for the Briscoe School Property