HomeMy WebLinkAboutSUPP_09-01-2016, Lansing entertainment and Public Facilities Authority Execution Copy
FIRST AMENDMENT TO AGREEMENT FOR OPERATING DOWNTOWN FACILITIES
This First Amendment to Agreement For Operating Downtown Facilities(this "Amendment") is entered into
and effective as of October 1, 2016, by and between the City of Lansing ("City") and the Lansing
Entertainment and Public Facilities Authority ("Authority"). City and Authority are individually each a
"Party" and collectively the "Parties."
BACKGROUND
WHEREAS, the Parties entered into that certain Agreement For Operating Downtown Facilities, dated
October 7, 1996 ( the "Underlying Agreement"), covering Downtown Facilities located in the City of
Lansing,Ingham County, Michigan,more particularly described in the Underlying Agreement; and
WHEREAS,the term of the Underlying Agreement is scheduled to terminate on October 7,2016; and
WHEREAS,the Parties desire to extend the tern of the Underlying Agreement; and
WHEREAS,the Mayor of the City is authorized to enter into this Amendment as the manager of real property
of the City pursuant to the City's Charter at Article 4.
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:
AGREEMENT
1. The tern of the Underlying Agreement as established in its Paragraph 14 is amended and extended
until December 31,2016.
2. The Underlying Agreement remains in full force and effect and is ratified and confinned as expressly
modified by this Amendment. If there is a conflict between the terns of the Underlying Agreement
and the terns of this Amendment,then the terms of this Amendment control.
3. This Amendment may be executed in any number of identical counterparts, each of which is
considered an original, but together are one agreement. Facsimiles of original signatures, whether
thereafter delivered by fax or e-mail or otherwise,are binding as originals.
IN WITNESS WHEREOF, the Parties hereto have executed this Amendment as of the date first above
written to be effective October 1,2016.
City of Lansing,Michigan Lansing Entertain t and Public Facilities
Autho
By. Virg f . Scott K ith
Its: M r Its: Executive Director
M
Approved as to form and contents:
By: ris Swope --,
Its: City Clerk
City Attorn
APPROVED AS TO AVAILABILITY OF FUNDS:
ACCOUNT NO. 10160#0 'N S70 Finance Director
-1-
273 85023.2\050796-00087