Upon expiration or termination of the lease, the City shall either purchase the improvements from the District at Fair Market Value or title to the improvements will pass to the District. It also establishes that, upon termination of the lease, the Commission’s Right of First Refusal ends.

 The Sublease Amendment and Partial Lease-Termination Agreement (1.47 acres) between the CRSWC and the District are also related to the 3.35 acres owned by the City upon which the School District of Clayton Administration Building was constructed. This partial lease-termination will return 1.88 acres of land to the City. In addition, it establishes that title to the improvements made by the District shall rest with the District during the term of the lease as well as during any renewals or extensions. Upon expiration or termination of the lease, the City shall either purchase the improvements from the District at Fair Market Value or title to the improvements will pass to the District. It also establishes that, upon termination of the lease, the Commission’s Right of First Refusal ends.

 The Second Amendment to the Operation and Management Agreement establishes that ownership of the facilities will be as set forth in the Leases and the Sub-lease, as amended. The original documents establish the term of these leases to be for thirty-five years (35) with an automatic renewal clause that allows for succeeding one (1) year terms, until such time, that the owners of the land sell the property, either to each other or to a third party.

It also establishes that, upon termination of the lease, the Commission’s Right of First Refusal ends.

 The Second Amendment to the Operation and Management Agreement establishes that ownership of the facilities will be as set forth in the Leases and the Sub-lease, as amended. The original documents establish the term of these leases to be for thirty-five years (35) with an automatic renewal clause that allows for succeeding one (1) year terms, until such time, that the owners of the land sell the property, either to each other or to a third party. Alderman Harris introduced Bill No. 6487, an ordinance to consider approval of a Lease Amendment and Partial Lease-Termination Agreement for 3.35 acres, to be read for the first time by title only. Alderman Garnholz seconded.

Alderman Harris introduced Bill No. 6488, an ordinance to consider approval of a sublease amendment and partial sublease-termination agreement for 3.35 acres of City owned property, to be read for the first time by title only. Alderman Garnholz seconded. City Attorney O’Keefe reads Bill No. 6488, an Ordinance Approving a Sublease Amendment and Partial Sublease-Termination for 3.35 Acres of Property Owned by the City of Clayton for the first time by title only. The motion passed unanimously on a voice vote. Mayor Sanger moved that the Board give unanimous consent to consideration for adoption of Bill No. 6488 on the day of its introduction. Alderman Garnholz seconded. The motion passed unanimously on a voice vote. Alderman Harris introduced Bill No. 6488, an ordinance to consider approval of a sublease amendment and partial sublease-termination agreement for 3.35 acres of City owned property, to be read for the second time by title only. Alderman Garnholz seconded. City Attorney O’Keefe reads Bill No. 6488, an Ordinance Approving a Sublease Amendment and Partial Sublease-Termination for 3.35 Acres of Property Owned by the City of Clayton for the second time by title only. Alderman Harris – Aye; Alderman Garnholz – Aye; Alderman Winings – Aye; Alderman Boulton – Aye; Berger – Aye; Alderman Lintz – Aye; and Mayor Sanger – Aye. The bill was adopted and became Ordinance No. 6362 of the City of Clayton.

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Alderman Harris introduced Bill No. 6489, an ordinance to consider an amendment to the Operation and Management Agreement for the Center of Clayton, to be read for the first time by title only. Alderman Garnholz seconded. City Attorney O’Keefe reads Bill No. 6489, an Ordinance Approving a Second Amendment to the Operation and Management Agreement by and Among the City of Clayton, the School District of Clayton and the Clayton Recreation, Sports and Wellness Commission for the first time by title only. The motion passed unanimously on a voice vote. Mayor Sanger moved that the Board give unanimous consent to consideration for adoption of Bill No. 6489 on the day of its introduction. Alderman Garnholz seconded. The motion passed unanimously on a voice vote. Alderman Harris introduced Bill No. 6489, an ordinance to consider an amendment to the Operation and Management Agreement for the Center of Clayton, to be read for the second time by title only. Alderman Garnholz seconded. City Attorney O’Keefe reads Bill No. 6489, an Ordinance Approving a Second Amendment to the Operation and Management Agreement by and Among the City of Clayton, the School District of Clayton and the Clayton Recreation, Sports and Wellness Commission for the second time by title only. Alderman Harris – Aye; Alderman Garnholz – Aye; Alderman Winings – Aye; Alderman Boulton – Aye; Berger – Aye; Alderman Lintz – Aye; and Mayor Sanger – Aye. The bill was adopted and became Ordinance No. 6363 of the City of Clayton.