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HomeMy WebLinkAbout2022-01-03-Resolution 2022-002_Lease Agreement, 238 W Hickman RdTHE CITY OF WAUKEE, IOWA RESOLUTION 2022-002 APPROVING LEASE AGREEMENT (BUSINESS PROPERTY) BETWEEN FINN & LAUGHLIN FAMILY DENTISTRY, PC, AND THE CITY OF WAUKEE, IOWA IN THE NAME AND BY THE A UTHORITY OF THE CITY OF WA UKEE, IOWA WHEREAS, the City of Waukee, Dallas County, State of Iowa, is a duly organized Municipal Organization; AND, WHEREAS, on September 12, 2011, the Waukee City Council approved a Lease Agreement (Business Property) between Finn & Laughlin Family Dentistry, P.C. (the "Tenant") and the City of Waukee (the "Landlord") for property addressed as 238 W. Hickman Road, Waukee; AND, WHEREAS, the Tenant proposes an extensive interior remodel and has requested a lease extension to protect their investment in the project; AND, WHEREAS, the proposed lease extends the term of the agreement to August 31, 2036, modifies the base rent for the extended term, and includes provisions for assignment of the lease to a successor entity owned and controlled by one of the dentists practicing at the property at this time; NOW THEREFORE BE IT RESOLVED by the City Council of the City of Waukee that the Lease Agreement (Business Property) between Finn & Laughlin Family Dentistry, PC, and the City of Waukee, Iowa, is hereby approved. Passed by the City Council of the City of Waukee, Iowa, and approved the Yd day of January, 2022 Courtney Clarke, Mayor Attest: Rebecca D. Schuett, City Clerk RESULTS OF VOTE: AYE NAY ABSENT ABSTAIN Anna Bergman Pierce X R. Charles Bottenberg X Chris Crone X Larry R. Lyon X Ben Sinclair X