Resolution 2012-65 - Laserfiche WebLink

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COMMUNITY ROOM USE AGREEMENT BETWEEN ALFALFA'S MARKET, INC. AND THE CITY OF LOUISVILLE, CO This Community Room Use Agreement ( "the Agreement ") is made this day J---- of --)c\ , 2014, by and between Alfalfa's Market, Inc. a Colorado Corporation ( "the Company ") and City of Louisville, Colorado, a Colorado municipal corporation ( "the City "). WHEREAS, the Company and the City entered into a Business Assistance Agreement dated October 16, 2012; and WHEREAS, the Business Assistance Agreement outlines the City's assistance towards funding of the construction of a Community Room of approximately 1,000 square feet in the building leased by the Company at 785 E. South Boulder Road; and WHEREAS, the Company and the City desire to enter into this Agreement to comply with and implement the provisions of Section 8 of the Business Assistance Agreement. NOW, THEREFORE, in consideration of the mutual covenants herein contained and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the City and the Company hereby agree as follows: 1. Recognition Plaque. The Company shall install a plaque in the Community Room indicating the Community Room was constructed with funding from the City. The plague design shall be approved by the Company and the City prior to its fabrication and installation. 2. City Use of Community Room. The City shall have the right without charge to use the Community Room for City- sponsored events and meetings at a minimum of 10 hours per week. Use of the Community Room for City- sponsored events and meetings will occur at mutually acceptable times within Alfalfa's normal operating hours, scheduled in advance through the Company's Guest Services /Special Programs department or other designated representative. The Company and the City shall exchange and update as necessary current contact information for their designated representatives. The City will follow all the current Community Room conditions published by Alfalfa's. 3. Period of Use. The Company and the City agree that the right of use granted to City under Section 2 shall be for a period of not less than 10 years from the first day of the month after the date the Company commences retail sales to the public from the 785 E. South Boulder Road Store ( "the Commencement Date "). As provided in the Business Assistance Agreement, the Company and the City agree the City shall be entitled to return of a proportionate share of its contribution towards construction of the Community Room if the Community Room is not available to the City for a period of not less than 10