HomeMy WebLinkAbout75-0815 Spiess Co. AGREEMENT
Agreement of lease made this 15 day of August, 1975 between the
City of Elgin, Illinois, a home rule municipality, hereinafter called, Lessor,
and Elgin Plaza Parking, Inc. , an Illinois corporation, having its principle
office and place of business at 38-52 Fountain Square Plaza, Elgin, Kane County,
Illinois, hereinafter called, Lessee.
WHEREAS, pursuant to a certain joint construction contract dated
May 3, 1974 City and the Joseph C. Spiess Company, an Illinois corporation, of
which Lessee is a wholly owned subsidiary, have constructed a parking deck, ramps
and appurtenant structures over and above Riverside Drive and the Riverside Muni-
cipal Parking Deck; and
WHEREAS, pursuant to said agreement City parking improvements have been
constructed to the south end of Company parking improvements made by the Joseph
C. Spiess many; and
WHEREAS, Lessee is operating Company parking improvements for and on
behalf of the Joseph C. Spiess Canpany; and
WHEREAS, City desires that Lessee also operate City parking improvements
upon the terms and conditions hereinafter set forth; and
WHEREAS, Lessee desires to operate City parking improvements.
Now, therefore, Lessor and Lessee, for and in consideration of the
covenants and mutual agreements contained herein agree as follows:
1. That commencing August 18, 1975 Lessee shall operate Lessor's
parking improvement consisting of 44 spaces located at the south end of the upper
level of the Riverside Municipal Parking Deck.
2. That Lessee shall pay Lessor the sum of $2.50 per parking space
on the tenth day of each month that this agreement is in effect.
3. Lessee, prior to commencing operations, shall provide Lessor with
a certificate of insurance showing adequate garage keeper liability, public liabil-
ity and property insurance, and naming Lessee as an additional insured under all
such policies.
4. City shall provide all necessary maintenance services upon the
leased premises including clean-up services upon notice frau Lessee. Additionally,
Lessor shall provide the necessary snow plowing upon the leased premises following
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the accumulation of two inches of snow. If practicable, all such maintenance
services shall be performed during hours other than the normal business hours
of the Joseph C. Spiess Company.
5. Lessee shall pay Lessor for all maintenance services performed
under this agreement. Payments shall be made monthly and conputed according
to the following schedule:
RATE PER HOUR PER EACH
WORK PERFORMED REGULAR TIME OVERTIME
Pick up Debris and Waste
Receptacles (1 truck with driver) $ 8.85 $ -
Sweeping (1 sweeper with operator) - 18.00
Snow Plowing (1 truck with driver) 12.00 15.50
Snow Loading (1 endloader with
operator) 19.00 23.00
Snow Hauling (1 truck with driver) 12.00 15.50
(additional trucks as needed up
to a maximum of four)
Maintain Lighting System 21.50 29.00
(high lift truck with 2 men)
6. The term of this agreement shall be for a period of six months
following the date hereof.
ELGIN PLAZA PARKING, INC.
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Attest:
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Secretary ,\
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Ci. Mana:er
Attest:
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City Clerk
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KALTENBACH AND FERENC
ARCHITECTS 17 DOUGLAS AVENUE, ELGIN, ILLINOIS 60120 312-741-1050
CHARLES F. KALTENBACH,A.I.A.
THOMAS V. FERENC
June 2, 1976
Mr. James Bolerjack
City of Elgin
150 Dexter Court
Elgin, Illinois 60120
Subject: Elevated Parking Deck
Riverside Drive
Elgin, Illinois
Dear Sir:
You have requested that we review the construction schedule for
the subject facility and establish a date at which the construction
work on this facility was substantially complete.
We believe that this date would be the time that construction work
had been completed to the extent that the facility could be opened
for public use.
The date on which the facility was publicly operable, and was in
fact opened for public use, was July 18, 1975.
Sincere yours,
Thomas erenc
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cc: Mr. John Spiess
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