AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BRIGHTON, COLORADO APPROVING A FACILITIES LEASE (HISTORIC CITY HALL BUILDING) BETWEEN THE CITY OF BRIGHTON, COLORADO, AS LESSOR, AND BRIGHTON PUBLIC FACILITIES LEASING TRUST 2016, AS LESSEE, FOR CERTAIN PROPERTY CONSTITUTING THE EXISTING HISTORIC CITY HALL BUILDING AND AN ANNUALLY RENEWABLE LEASE PURCHASE AGREEMENT (HISTORIC CITY HALL BUILDING) BETWEEN BRIGHTON PUBLIC FACILITIES LEASING TRUST 2016, AS LESSOR, AND THE CITY OF BRIGHTON, COLORADO, AS LESSEE, FOR SUCH PROPERTY; AUTHORIZING THE EXECUTION AND DELIVERY OF SUCH DOCUMENTS AND RELATED OTHER AGREEMENTS; AUTHORIZING OFFICIALS OF THE CITY TO TAKE ALL ACTION NECESSARY TO CARRY OUT THE TRANSACTIONS CONTEMPLATED HEREBY; RATIFYING ACTION PREVIOUSLY TAKEN; AND PROVIDING OTHER MATTERS RELATING THERETO.

Committee

City Council

Requested by

Finance Department

Introduced

February 17, 2016

On agenda

March 15, 2016

Enactment no.

2228