HomeMy WebLinkAboutCity Market lease City Market Lease
3/11/2022
Proposed Fourth Amendment
FOURTH AMENDMENT TO LEASE AGREEMENT
This Fourth Amendment(the "Amendment") is made as of 2022,
between Lansing Shuffleboard LL, LLC, a Michigan limited liability company, whose address is
14255 Stark Road, Livonia, MI 48154 (the "Lessee"), and the City of Lansing, a Michigan
municipal corporation,whose principal business address is 124 West Michigan Avenue, Lansing,
MI 48933 (the "City") (the Lessee and the City are collectively the "Parties"), and amends the
Lease Agreement between the Parties as placed on file with the Clerk of the City of Lansing on
September 12, 2020 (the"Agreement"), as previously amended.
In this Amendment Parties agree to modify the legal description and depiction of the leased
premises contained in Exhibit A.
NOW THEREFORE, in consideration of the promises hereinafter contained and other good
and valuable consideration, the receipt of which is acknowledged, the Parties agree as follows:
AMENDMENTS TO THE AGREEMENT
1. Exhibit A is removed and replaced with the versions attached to this Amendment.
2. At the end of Section 6 (f), the following sentence shall be added: "In the event of a sale
under this section, Lessee agrees that at closing it will grant a permanent easement to the
City for any portion of the parking lot North and East of the Building and Premises that is
within the legal description contained in Exhibit A of this Agreement."
[SIGNATURES ON FOLLOWING PAGE]
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City Market Lease
3/11/2022
Proposed Fourth Amendment
The Parties have signed this Agreement as of the date first above written.
CITY OF LANSING LANSING SHUFFLEBOARD LL, LLC
By:
Andy Schor, Mayor By onathan Hartzell
Its: Manager
By: By:
Chris Swope, Clerk Its:
Approved as to form:
By:
James Smiertka, City Attorney
I certify that funds are available in Account
No.
By:
Jeff Scharnowske, City Controller
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City Market Lease
3/11/2022
Proposed Fourth Amendment
EXHIBIT A
LEGAL DESCRIPTION AND DEPICTION
PARCEL 1 (CITY MARKET BUILDING SITE)
PROPOSED LEGAL DESCRIPTION
PARCEL 1 (CITY MARKET BUILDING SITE)
COMMENCING 360.00 FEET N89058'20"W(RECORDED AS WEST)OF THE
NORTHEAST CORNER OF LOT 1,AND S00321'42'9A,320.64 FEET TO THE POINT OF
BEGINNING:THENCE S3Z43'39"E 210.43 FEET;THENCE S 57`50'05"W 139.35 FEET
ON A LINE PARALLEL TO AND 4.00 FT_ SOUTH OF THE SOUTH FACE OF THE
EXISTING BUILDING; THENCE THE FOLLOWING 3 COURSES AND DISTANCES
ALONG THE SOUTHERLY AND WESTERLY FACE OF A CONCRETE RETAINING
WALL AND IT'S EXTENSION NORTHERLY AND EASTERLY: S.69°33'50"W. 16.42
FEET AND N.22`01'26"W_ 105.35 FEET AND N. 2"1`48'34"W. 10526 FEET;THENCE
N57054'54"E 1-16.02 FEET TO THE POINT OF BEGINNING; BLOCK 245,ORIGINAL
PLAT OF THE TOWN OF MICHIGAN, NOW CITY OF LANSING, CONTAINING 0.66
ACRES OF LAND, SUBJECT TO ANY AND ALL EASEMENTS AND/OR
RESTRICTIONS OF RECORD.
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City Market Lease
3/11/2022
Proposed Fourth Amendment
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