HomeMy Public PortalAbout1969.04.07 Sports Marina Assignment of LeaseASSIGNMENT OF LEASE
WHEREAS, on or about the 7th of April . 1969, A.R. Krigbaum and James W.
Hardy, doing business as Sports Marina, a co -partnership, therein referred to as "Lessee",
did enter into an agreement for the lease of real estate with The City of McCall, Idaho, a
municipal corporation, therein referred to as "Lessor", by which the Lessor and the Lessee
agreed to lease, all that certain real property situate and lying in the County of Valley,
State of Idaho, more particularly described as follows, to -wit:
The land between the West boundary of Lake Shore Boulevard,
and the high water mark of Big Payette Lake between the
extension of the North boundary line of Lot 10, Block 4, McCall
First Addition to the Village of McCall, Idaho, as extended
westerly to the high water mark of Big Payette Lake, and the
South boundary line of Lot 1 of said Block 4, extended westerly to
the West boundary line of said Big Payette Lake
* * * It is acknowledged that the boat loading ramps have been
provided by the State of Idaho for use by the general public
and are not a part of the above lease.
WHEREAS, the said A.R. Krigbaum and James W. Hardy, co-partners, assigned
all their right, title and interest in and to said lease to Sports Marina, Inc., an Idaho
Corporation; and
WHEREAS, Sports Marina, Inc., an Idaho Corporation, now desires to sell,
assign, convey and transfer all of its right, title and interest in and to said lease and the
real property and improvements therein described;
NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that
Sports Marina, Inc., an Idaho Corporation, for value received, does hereby assign, transfer
and set over unto Sta-Bax, Inc., an Idaho Corporation, all of its right, title and interest in
and to the hereinabove described lease, subject to all the terms and conditions thereof,
and do hereby assign unto the said Sta-Bax, Inc., an Idaho Corporation, all of its right,
title and interest in and to the lease of property therein described.
ASSIGNMENT OF LEASE -1
NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that Sta-
Bax, Inc., does hereby accept the assignment above referred to and the lease therein
contained to be kept and to be performed by the Lessee therein, and to hold said, Sports
Marina, Inc., an Idaho Corporation, harmless from the performance of said conditions
and agreements. That any and all Notices concerning said lease shall be deemed
delivered upon deposit of the same in the United States mails addressed to said Sta-Bax,
Inc. at P.O. Box /06-3, McCa11, Idaho 83638.
tts
DATED This , day of March, 1996.
ASSIGNOR:
Sports Marina Inc.
an Idaho Corporation
By: �:�,H,,.� I�
Pr ident
ATTEST:
&tZ. *7-Zee'
Secretary %
ASSIGNEE:
Sta-Bax, Inc., an Idaho Corporation
By: I/
Aia
azu-: `-10-}iAd 4feu,
ASSIGNMENT OF LEASE - 2
State of Idaho )
:ss
County of Idaho )
// 4k
On this lo day of March, 1996, before me, the undersigned, a Notary Public in
and for said state, personally appeared James W. Hardy and Patricia F. Hardy, known to
me to be the President and Secretary, respectively, of Sports Marina, Inc., an Idaho
Corporation and acknowledged to me that such corporation executed the same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official
seal the day and year in this certificate first above written.
State of Idaho, )
:ss
County of Valley. )
I?, N
• We g
r * "'J t
vuBL%
%.**4 * �O
••�*9 a p �V>
Commissioa Expires: 6.6.99
r Idaho
tiPn Expires: 6 /6 /97
t
On this (to day of March, 1996, before me, t e undersigned, a Notary Public
in and for said state, personally appeared �r( ill. S s and
vans I1.5 1 S known to me to be he President and Secretary, respectively,
of Sta ax, Inc. an Idaho corporation, and acknowledgd to me that such corporation
executed the same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my
official seal the day and year first abov
ASSIGNMENT OF LEASE - 3
rilErAWffil
o tary Pu is for I
Residing at
My Commission Expires:��®8(�
CONSENT TO ASSIGN
Pursuant to that lease entered into on the 6th day of March, 1996, by and between The
City of McCall, Idaho, a municipal corporation, therein referred to as "Lessor", and A.R.
Krigbaum and James W. Hardy, a co -partnership, therein referred to as "Lessees", the undersigned
hereby consents to the assignment and assumption of said lease and improvements therein
described, to:
Sta-Bax, Inc.
an Idaho Corporation
P.O. Box
McCall, Idaho 83638
Dated this 6th day of March, 1996.
The City of McCall, Idaho
a Municipal Corporation
By:
City Manager
ATTEST:
City Clerk
ASSIGNMENT OF LEASE - 4
CITY COUNCIL
AGENDA BILL
Number AB 01-107
Date August 9, 2001
City Of McCall
216 East Park Street
McCall, ID 83638
ITEM INFORMATION
SUBJECT:
Assignment of Lease —Sports
Marina
Original Agenda Date & Bill No.
Department/Committee/Individual
Initials
Remarks
A
Mayor / Council
p
City Manager
/6
Originator
p
Finance Director/City Clerk
R
Deputy City Clerk
O
Community Development
V
Police Chief
A
Public Works
L
Director of Golf & Parks Operations
COST IMPACT:
S
Recreation Director
FUNDING SOURCE:
Airport Manager
Librarian
TIMELINE:
City Attorney
Other
SUMMARY STATEMENT: In 1996, the City Council extended the lease period for the
Sports Marina (Harry's Dry Dock) to the year 2004. At approximately the same time,
Harry Stathis purchased the business. The lease with the City has a clause that states
the Council must approve any assignment of the lease, and cannot unreasonably
withhold such approval. From reviewing the minutes from that period, it is clear that the
City Council was aware of the transfer of the lease, but Council did not formally approve
the assignment of the lease. Because there isn't any specific action in the minutes and
the assignment does not have the Mayor's signature, we must rectify this situation by
having the current City Council approve the assignment and authorize the Mayor to sign.
Mr. Stathis has paid the lease current as of April 2001. Also of note is the requirement
for the lease holder to abide by the parking agreement that is also attached. Here
again, the Mayor did not sign the agreement, although the minutes reflect that the
Council did take action to approve the parking agreement. Attached is a copy of the
assignment and the parking agreement, we have the originals on file. Staff will issue a
letter to Mr. Stathis with a copy of the parking agreement notifying him that his lease
assignment has been formally approved and that he is required to comply with the
provisions of the parking agreement. The City Police Department also has some
requirements under the agreement that they will abide by.
RECOMMENDED ACTION: Approve the assignment of the Sports Marina Lease
and authorize the Mayor to sign the parking agreement and lease assignment.
RECORD OF COUNCIL ACTION
Meeting Date
Action
22 Jam 9,6 OL's-2
POLARIS REGAL
. Sports Marina
On Beautiful Payette Lake
January 17, 1996
McCall City Council
City Hall
McCall, Idaho 83638
Dear Council Members:
RE: Lease Agreement - Sports Marina, Inc.
In order for Sports Marina Inc. to qualify for SBA Loan
Funding, our lease term needs to be extended to co -inside with our
State Lands Lease.
It is agreed that the rental for the extended lease term shall
be the sum of $100.00 per year, payable on April 7th beginning with
the year 2004. All other terms and conditions of the original
lease and ,its amendments to remain the same.
Time is of the essence; and notification of the Councils
response on or before January 26, 1996 would be greatly
appreciated.
d
) a(6-16,4
Sincerely,
j-itutA4JA/ 4e1-444
James W. Hardy,
President
Sports Marina, Inc.
RECEIVED
r, N 1 7 1995
P.I ZALL
Post Office Box 869 • McCall, Idaho 83638 • 208-634-8361 • Fax 208-634-3272
City ofMcCall
OFFICE OF THE CLERK
BOX 1065
MGCALL. IDAHO 83638
March 14, 1994
James W. Hardy, President
The Sports Marina, Inc.
P.O. Box 869
McCall, ID 83638
Dear Jim,
On March 10, 1994, the McCall City Council reviewed your request
to extend the lease for the Sports Marina for an additional ten
year period. Inasmuch as your notice is all that was required,
the Council took no action, therefore approving the extension.
The lease will terminate following this renewal on April 7, 2004.
Thank you for your attention to this matter.
Sincerely,
Arthur J. Schmidt,
Interim City Manager
11 c• L;
300 LENORA STREET
P.O. BOX 1300A
co
to 0
0
co N
O v
arn
0
co
J N
J'
ao
U m
� o
N
v
N
w
z
O
O.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
ASSIGNMENT OF LEASE PAGE 1
WHEREAS, on or about the 7th day of April, 1969,
Sports Marina+ Inc., an Idaho corporation, therein referred to
as "Lessee', did enter into an agreement for the lease of real
estate with The City of McCall, a Municipal Corporation „
therein referred to as "Lessor", by which the Lessor and the
Lessee agreed to lease, all that certain real property situate
and lying in the County of Valley, State of Idaho, more
particularly described as follows, to -wits
The land between the West boundary of Lake Shore
Boulevard, and the high water mark of Big Payette
Lake between the extension of the North boundary line
of Lot 10, Block 4, McCall First Addition to the
Village of McCall, Idaho, as extended westerly to the
high water mark of Big Payette Lake, and the South
boundary line of Lot 1 of said Block 4, extended
westerly to the West boundary line of said Big
Payette Lake,
together with the improvements thereon; and
WHEREAS, Sports Marina, Inc., an Idaho Corporation+
now desires to sell, assign, convey and transfer all of its
right, title and interest in and to said lease and the real
property and improvements therein described;
NOW+ THEREFORE, KNOW ALL MEN BY THESE PRESENTS+ that ,
the undersigned, Sports Marina, Inc., an Idaho Corporation,
for value received, does hereby assign, transfer and set over
unto Dean Weidner, all of its right, title and interest in and
to the hereinabove described lease, subject to all the terms
and conditions thereof, and does hereby assign unto the said
Dean Weidner, all of our right, title and interest in and to
the lease of property therein described.
NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that
Dean Weidner, does hereby accept the assignment above referred
to and the lease therein and does agree to perform the
covenants and conditions therein contained to be kept and to
be performed by the Lessee therein, and to hold said, Sports
Marina, Inc., harmless from the performance of said conditions
and agreements. That any and all Notices concerning said
lease shall be deemed delivered upon deposit of the same in
the United States mails addressed to me at 4467 Forest Avenue,
Mercer Island+ Washingnton 98040.
Dated this 15th day of July, 1964.
UDELL . .J ELAM
ATTORNEYS AND COUNSELORS AT LAW
300 LENORA STREET
McCALL, IDAHO 83638
a
O
0
P.O. BOX
PHONE (208) 634-2108 or (208) 634-2100
ASSIGNMENT OF LEASE PAGE 2
Assignor: Assignee:
Sports Marina, Inc.
James W. Hardy
President
Attest:
/
Patricia F. Hardy
Secretary
E
Dean Weidner
State of Washington, )
(ss.
County of King. )
On this / day of 4479134, before me, the
undersigned, a Notary Public in and for said state, personally
appeared Dean Weidner+ known to me to me the person whose name
is subscribed to the within and foregoing instrument, and
acknowledged to me that he executed the same.
IN WITNESS WHEREOF, I have hereunto set my hand and
affixed my official seal the day and year in this certificate
first above written.
State of Idaho,
County of Valley.
(SS.
)
Ndtar� Public
Residing at:
On this 22- day of 1984, before me, the
undersigned, a Notary Publaic in and for said State,
personally, appeared James W. Hardy and Patricia F. Hardy,
known to me to be the President and Secretary, respectively,
of the Corporation that executed the within instrument, and
acknowledged to me that such corporation executed the same.
IN WITNESS WHEREOF, I have hereunto set my hand and
m
3 �
J m
Q =
2 o
Q O w -
J W
W Z t v
og�
V O
J 0 Z
J Z w
W Q J
0 y o
z
O
a
P.O. BOX 1300A
PHONE (208) 634-2108 or (208) 634.2100
ASSIGNMENT OF LEASE PAGE 3
affixed my official Seal the day andin this certificate
first above written.
Notary Pu4Yi is for Idaho
Residing at McCall' Idaho.
CONSENT TO ASSIGN
Pursuant to that lease entered into on the 7th day of
April, 1969, by and between the City of McCall, a Municipal
Corporation, therein referred to as 'Lessor', and Sports
Marina. Inc., an Idaho corporation, therein referred to as
'Lessee', the undersigned hereby consents to the reassignment
and assumption of said lease and improvements therein
described. to'
Dean Weidner
4467 Forest Avenue
Mercer Island, Washington 98040
_ i9�
Dated this /4/ day of i3 '9+ 1�e"�•
The City of McCall, a
Municipal Corpor�at�ioon
044
By: Cl de L. Archer, Jr.
Mayor
Att
aren Beckler
City Clerk
State of Idaho, )
( ss.
County of Valley. )
� /PA, —
On this /X2-24-- day of 4kr1Hpi 1464, before me. the
undersigned, a Notary Public in and for said .state, personally
appeared Clyde L. Archer, Jr. and Caren Beckler. known to me
to be, respectively, the Mayor and City Clerk of the City of
McCall, whose names are subscribed to the within instrument,
and acknowledged to me that they executed the same for and on
behalf of the City of McCall, Valley County, Idaho.
IN WITNESS WHEREOF, I have hereunto set my hand and
3
Q
J
H
a
Q 0
J. w
w
z
0
' U
J p
J Z
W Q
0
w
z
0
a
300 LENORA STREET
McCALL, IDAHO 83638
P.O. BOX 1300A
PHONE (208) 634-2108 or (208) 634-2100
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
ASSIGNMENT 4F LEASE PAGE 4
affixed my official seal the day and year first above
written.
4
ur
'`,,,, a u, , , ,,
Notary Public for Idaho
Residing at McCall, Idaho
ASSIGNMENT
THIS AGREEMENT, made and entered into this ,t,2 day of
/Li,•�y�„ --, 1979, by and between SPORTS MARINA, INC., an Idaho
Corporation, of McCall, Idaho, parties of the first part,
hereinafter called the "Assignors," and Inter -Mountain State
Bank, a banking corporation, party of the second part, hereinafter
called "Assignee."
WITNESSETH
Whereas, by agreement dated April, 1969, between CITY
OF McCALL, a muniapal corporation as LESSORS and SPORTS MARINA,
INC, as LESSEE, said LESSORS thereby agreed to lease to
LESSEE and the LESSEE thereby agreed to lease from LESSORS
that certain real property and all improvements and appurtenances
pertaining thereto, situated in Valley County, State of. Idaho,
and more particularly described as follows:
The West boundary of Lake Shore Boulevard,
being the high water mark of Big Payette Lake
between the extension of the North boundary line
of Lot 5, Block 4, McCall First Addition to the
Village of McCall, Idaho, as extended westerly
to the high water mark of Big Payette Lake, and
the South boundary line of Lot 1 of said Block 4,
extended westerly to the West boundary line of
said Big Payette Lake.
Whereas, the above named Assignors have agreed to assign
and transfer all ITS right, title, and interest in and to said
agreement hereinabove described to Assignee herein for security
purposes.
Now, therefore, witnesseth this agreement, for and in
consideration sum of Ten Dollars (S10.00) and other good and
valuable consideration, the receipt whereof is hereby acknow-
ledged by the Assignors, the Assignors so hereby assign, transfer,
and set over unto the said Assignee all their rights, title and
interest in and to said lease hereinabove described, to hold
said property, and the whole thereof, unto the said Assignee
subject to all the terms, stipulations, and conditions in the
said agreement contained.
IT IS FURTHER UNDERSTOOD AND AGREED by and between the
parties hereto that this Lease Assignment is to secure certain
Note(s) held by Inter -Mountain State Bank.
ASSIGNEE ASSIGNORS
INTER -MOUNTAIN STATE BANK SPORTS MARINA, INC.
• (;
By c, t ' L- ..
President
By ; G'.���-C6�J �• Ii�4 .71
Secretary
CONSENT TO ASSIGNMENT
The City of McCall, by and through its Mayor, hereby consents
to the foregoing assignment for security of the leasehold interest
of,Sports Marina, Inc., subject to the provision that in the
event of default and possession of the leasehold by the Inter -
Mountain State Bank, the bank would subsequently transfer to a
party or parties acceptable to the City of McCall, Idaho.
DATED this ,Z,Z day of 1!!�• 1978.
CITY OF McCALL, a
Municipal Corpor757
By,/ 5 ,
,,Bil Evans, Mayor
Attest:
STATE OF IDAHO
)ss.
County of Valley )
On this 23rd day of August, 1978, before me, a Notary Public
in and for said State, personally appeared SOLLIE CALLENDER, known
to me to be the president of the corporation that executed the
instrument or the person who executed the instrument on behalf of
said corporation, and acknowledged to me that such corporation
executed the same.
- 2 -
IN WITNESS WHEREOF, I have hereunto set my hand and notary
seal the day and year first written in this Certificate.
Notary Public for Idaho
Residing at: /1` co(1
STATE OF IDAHO j
ss.
County of Valley )
On this 22nd day of August, 1973, before me, a Notary Public
in and for said State, personally appeared JAMES W. HARDY and
PATRICIA F. HARDY, known to me to be the persons whose names are
subscribed to the within and foregoing instrument and acknowledged
to me that they executed same.
IN WITNESS WHEREOF, I have hereunto -set my hand and notary seal
the day and year first above written in this certificate.
j
Notary ublic for Idaho
Residing at McCall
STATE OF IDAHO ) ,
)ss.
County of Valley )
On this 22nd day of August, 1978, before me, a Notary Public
in and for said State, Personally appeared BILL EVANS and MARGARET
E. FOGG, known to me to be the Mayor and City Clerk respectively of
the City of McCall, that executed the said instrument, and acknowledc
to me that such City of McCall executed same.
IN WITNESS WHEREOF, I have hereunto set my hand and official
seal the day and year first written in this certificate.
•
Notary Public for Idaho
Residing at McCall
- 3 -
AMOMM[ •
MWA BALD
AMMAR, AND
COYNIILODI
IL CAST IINIT
MINmNAN. IDAND
u•4a
Unmans ••11•14•1
LEASE AGREEMENT
THIS AGREEMENT OF LEASE, Made and entered into this P'4
day of April, 1969, by and between the CITY OF McCALL, a municipa]
corporation, hereinafter called Lessor, and A. R. KRIGBAUM and
JAMES W. HARDY, doing business as SPORTS MARINA, a co -partnership,
hereinafter called Lessees, W I T N E S S E T H:-
For and in consideration of the covenants and conditions
hereinafter contained, the Lessor agrees to let and lease unto
the Lessees, the following described real property, to -wit:
The West boundary of Lake Shore Boulevard,/ being the high water
mark of Big Payette Lake between the extension of the North bound
line of Lot 5, Block 4, McCall First Addition to the Village of
McCall, Idaho, as extended westerly to the high water mark of Big
Payette Lake, and the South boundary line of Lot 1 of said Block
extended westerly to the West boundary line of said Big Payette L
on the following terms and conditions:
TERM: The term of this lease shall be for a period of
twenty-five (25) years, beginning on April 7, 1969, and terminate
twenty-five years hence unless extended or previously terminated
as hereinafter provided.
RENTAL: It is agreed that the rental for the leased propert
shall be the sum of $1.00 per year, payable $1.00 on April 7, 19E
and $1.00 on April 7th of each year thereafter for the term of
this lease.
USE OF PREMISES: It is understood and agreed that Lessees
are to use the premises for a boatmarina, : supplysales and ()the]
sporting goods, but not specifically limited to these items alon4
and shall be allowed to carry on business operations related to.
their general operation. It is understood that the Lessees beret
shall use the premise$ in compliance with all Federal, State and
" . n . s n w - u " " " " " "
A M B R O S E "
F I T Z G E R A L D
A T T O R N E T E A N D
C O D N E E I O R E
/ E E G E T / I M T
M E R I D I A N . W A N D
T E L E P H O N E E 0 E - 4 4 4 1
m u n i c i p a l l a w s . T h a t t h e L e s s e e s p l a n t o c o n s t r u c t a b u i l d i n g
d o c k s o n t h e l e a s e d p r e m i s e s a n d t h a t t h e y s h a l l h a v e t h e r i g h t
m a k e s u c h a l t e r a t i o n s a n d c h a n g e s a s t h e y d e e m n e c e s s a r y p r o v i d :
s a i d c h a n g e s o r a l t e r a t i o n s d o n o t c o n f l i c t w i t h a n y e x i s t i n g
F e d e r a l , S t a t e o r m u n i c i p a l o r d i n a n c e s .
C O N S T R U C T I O N : I t i s u n d e r s t o o d t h a t t h e l e s s e e s c o n t e m p l a
c o n s t r u c t i n g a b u i l d i n g o n t h e a b o v e m e n t i o n e d r e a l p r o p e r t y .
i s s p e c i f i c a l l y a g r e e d t h a t t h e c o n s t r u c t i o n s h a l l t a k e p l a c e u
a n d b e l i m i t e d t o t h e p r o p e r t y d e s c r i b e d i n t h e l e g a l a b o v e a n d
t h a t t h e l e s s e e s s h a l l i n n o w a y e n c r o a c h u p o n , u s e o r i n h a b i t
r i g h t - o f - w a y w h i c h i s " d e d i c a t e d t o t h e C i t y o f M c C a l l a n d d e s i g
a s L a k e S h o r e B o u l e v a r d .
U T I L I T I E S , L I C E N S E S A N D P E R S O N A L P R O P E R T Y T A X E S : L e s s e e s
t o p a y a l l u t i l i t i e s , h e a t , e l e c t r i c i t y , l i c e n s e s a n d p e r s o n a l
p r o p e r t y t a x e s .
S I G N S : L e s s e e s s h a l l h a v e t h e r i g h t t o p l a c e a d v e r t i s i n g
o n t h e b u i l d i n g s a n d p r e m i s e s .
I N S P E C T I O N : L e s s o r s h a l l h a v e t h e r i g h t t o e n t e r u p o n s a i
p r e m i s e s a t r e a s o n a b l e t i m e s a n d a t r e a s o n a b l e i n t e r v a l s f o r t h
p u r p o s e o f i n s p e c t i n g t h e s a m e .
L I A B I L I T Y O F L E S S O R S : L e s s e e s s h a l l i n s u r e t h e i r b e l o n g i r
a n d p r o p e r t y a g a i n s t f i r e i n c a s e t h e y d e s i r e s u c h p r o t e c t i o n a
s h a l l p a y t h e p r e m i u m s t h e r e f o r . L e s s e e s a g r e e t o s a v e l e s s o r
h a r m l e s s f r o m a n y l i a b i l i t y o f a n y n a t u r e w h a t e v e r b y r e a s o n o f
p e r s o n a l i n j u r y t o a n y p e r s o n o r p e r s o n s o n t h e l e a s e d p r e m i s e :
b y r e a s o n o f i n j u r y t o a n y p r o p e r t y l o c a t e d o n s a i d p r o p e r t y c e
b y l e s s e e s '