Loading...
Res 1573 - Agrmt #S202341 Union COUNCIL BILL NO. 2028 RESOLUTION NO. 1573 A RESOLUTION ENTERING INTO AN AMENDMENT TO AGREEMENT NO. S202341 WITH THE UNION PACIFIC RAILROAD COMPANY AND AUTHORIZING THE CITY ADMINISTRATOR TO SIGN SUCH AMENDMENT AND SIMILAR AMENDMENTS THAT MAY BE RECEIVED BY THE CITY. WHEREAS, the City of Woodburn entered into an agreement with the Union Pacific Railroad Company to install a waterline on railroad property within the city, and WHEREAS, the City of Woodburn was required to make annual payments for use of the railroad property, and WHEREAS, the Union Pacific Railroad Company is undertaking a program to eliminate annual billing for such property use agreements and convert such agreements to a one-time payment, and WHEREAS, the City of Woodburn has several agreements with Union Pacific Railroad Company for city use of the railroads property, and WHEREAS, the City of Woodburn can anticipate receiving additional such amendments as Union Pacific Railroad Company continues this program, and WHEREAS, it would be in the best interests of the city to enter into this amendment and authorize the City Administrator to sign additional amendments that the city may receive that convert existing agreements from an annual payment to a one time fee, NOW THEREFORE; Page 1- COUNCIL BILL NO. 2028 RESOLUTION NO. 1573 ....-.r... ......-... THE CITY OF WOODBURN RESOLVES AS FOllOWS: Section 1. That the City of Woodburn enter into an Amendment to Agreement No. S202341, which is affixed as Attachment "A" and by this reference incorporated herein, with the Union Pacific Railroad Company which converts an annual payment for use of property to a one time fee. Section 2. That the City Administrator of the City of Woodburn is authorized to sign said amendment on behalf of the City. Section 3. That the City Administrator of the City of Woodburn is authorized to sign additional amendments to agreements with the Union Pacific Railroad Company that the city may receiver which convert an annual payment for use of property to a one time fee. Approved as to form~:yvr ~ City Attorney ~) "Z <tIlo 00 Date APPROVED: ~ .~ Richard Jennings, or - Passed by the Council February 28, 2000 February 29, 2000 February 29, 2000 February 29, 2000 Submitted to the Mayor Approved by the Mayor Filed in the Office of the Recorder ATTEST: ~~ Ma ~ant, Recorder City of Woodburn, Oregon Page 2 - Council Bill 2028 Resolution No. 1573 '--'-T'" ,U SUPPAGR,DOC Form Approved A VP-Law ATTACHMENT _A Page ~-'-_.. of --'-_= Folder No, 1444-48 Audit No.. S202341 AMENDMENT THIS AMENDMENT is made as February 12, 2000, by and between UNION PACIFIC RAILROAD COMPANY, a corporation of the State of Delaware, (hereinafter the "Licensor") and CITY OF WOODBURN to be addressed at 270 Montgomery STreet, Woodburn, OR 97071 (hereinafter the "Licensee"). RECITALS: By instrument dated July 18, 1984, the parties hereto or their predecessors in interest (if any), entered into an agreement (herein the "Basic Agreement") identified as Audit No, S202341 , covering a pipeline located at Woodburn, Oregon. The parties now desire to modify the Basic Agreement by eliminating the annual rental contained in the Basic Agreement. AGREEMENT: NOW, THEREFORE, IT IS AGREED by and between the parties hereto as follows: Section 1: CONVERSION OF ANNUAL RENTAL TO A ONE-TIME CHARGE. Effective as of July 17, 2000, the Licensee agrees to pay to the Licensor the one time sum of $2,830,00, in lieu of the annual rental heretofore stipulated. Section 2: ADMINISTRATIVE HANDLING CHARGE. Upon execution and delivery of this Amendment, the Licensee shall pay to the Railroad an administrative handling charge of Five Hundred Dollars ($500,00). Section 3: EFFECTIVE DATE This Amendment shall be effective as of July 17,2000. Section 4: AGREEMENT SUPPLEMENTAL This Amendment is supplemental to the Basic Agreement, as herein amended, and nothing herein contained shall be construed as amending or modifying the same except as herein specifically provided, IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of the day and year first hereinabove written, C;y~~ ~,__XJd Title: John C. Brown City Administrator UNION PACIFIC RAILROAD COMPANY BY:~__ ~ : RepresentatIve-Contracts --"'-..----"...--..-...