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273631 WHITE - CITV CLERK CO1111C11 /,����� PINK - FINANCE GITY OF SAINT PAUL CANARV - DEPARTMENT Pr BLUE - MAVOR File NO. �� cil Resolution Presented By Referred To Committee: Date Out of Committee By Date WHEREAS, The Department of Planning and Economic Development has determined that the City Market would likely generate more revenues for the City of Saint Paul if the City were to lease the property to a private party who, during weekdays, would operate and manage the Market as a public parking facility; and WHEREAS, There presently exists an outstanding Lease Agreement between the City and Midas Corporation which sets forth the terms and conditions under which the property would be leased to Midas as a public parking facility; said lease not having been formally authorized by the City Council; and WHEREAS, The Director of the Planning and Economic Development has determined that a properly authorized lease of the subject property for the purposes stated above to Midas would be in the best financial interest of the City and has therefore recommended that the Council authorize the execution of such a Lease Agreement; now, therefore, be it RESOLVED, That the proper City officers are hereby authorized and directed to execute on behalf of the City of Saint Paul a Lease Agreement of the subject property for the above stated purposes with Midas Corporation in a form and manner approved by the City Attorney' s office; and, be it FURTHER RESOLVED, That the terms and conditions of this Lease Agreement shall supercede and take the place of those terms and conditions of the existing Lease; and, be it FURTHER RESOLVED, That this Lease shall not destroy nor con- flict with that certain Operating Agreement authorized by Council Resolution C.F. 273408, adopted July 26, 1979, it being the intent of the Council that these Agreements shall not work in competition with but in harmony with each other. COUNCILMEN Requested by Department of: Yeas Nays � ' Ho�_ [n Favor Hunt � �� Levine __ Against BY --G. ��"'� Maddo S alter edesco p�G 3 0 1979 Form Approved by City Attorney Ado ed by Co il: Date G rtified ��ed by o ' S cretary ��'`� a _(D 7y /�.``'� ,/ V`� ' I�pproved by :Mavor. Date _ Ap oved by a r for Sub i ion to Council By _ By t�u&►t�u SEP 8 '���� ��_ _.:: . _. . ;_,,� , _._____ .. Si�t»+'r� +� .� _ ' , ` �� ` _ _, _ � �� � � �� �`���3�i�� � d t7 a+ � � • .� •.�� �� s� �� . . . �. '--'� t�" � 4 Hy v�� 0 µ� . . . ti•.:�a< � H tC � � p+ G� ���� � p �+ � � O � O F• t � C .. . a.� 'axr w �. : � " o �w cn . o n d � • � n ro � � z � � o � � a �� °z . ' n i c� • r• . ti v, � o i er , n ���fi ��,...,, e n a � • � • f° � e�. :,. o� .-. .. �� «. , . m�°n'',�'` �. n 5 m • � • � m . , s a p, � . � , n,p : . �. . » A' � FC°„ • � • 0� - a e ro a • • �' � � g ' "� ' �� �.,.y .° o � n � • N ro ' _ �� . 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RDI S Date; August 7, 1979 TQ: MAYQR GEORGE LATTI�ER FR: Gary Stout, Gerald Mangle - P.E.D. �:�� RE: Contract for Operating Parking Portion of City Ma.rket ACTION RE�QUESTED: Authorization to execute a contract between the City of St. Paul and the Midas Corporation for �nanagement of parking in the City Market faciiity. - PURFO�SE AND� RATIONALE� FOR THZ S ACTION: � The City has determined that the City Market would likely generate more revenue for the City of St. Paul if it were to lease the property to a private operator. City Purchasing publicly advertised for bids and Midas Corporation was the successful bidder. They now operate the facility awaiting a formal agreement. ATTACHi�:FE�TTS : Council Resolution Tabulation of Bid sheet