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J D Communications Inc. Lease Assignment 2010Masterpiece on the Mississippi TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Lease Between the City of Dubuque and J. D. Communications, Inc. DATE: August 31, 2010 J. D. Communications, Inc. leases property from the City of Dubuque in the Historic Federal Building. This lease does not expire until February 28, 2014, however, J. D. Communications, Inc. is selling its business. City Attorney Barry Lindahl recommends City Council approval of an Assignment of the lease to G.A. Publishing, Inc. I concur with the recommendation and respectfully request Mayor and City Council approval. MCVM:jh Attachment cc: Barry Lindahl, City Attorney Cindy Steinhauser, Assistant City Manager Michael C. Van Milligen Dubuque AN- Aneica City ' 2007 THE CITY OF To: DUBtJE MEMORANDUM Masterpiece on the M. issippi BARRY LIND � All CITY ATTORN Y Michae C. Van Milligen City Manager DATE: August 25, 2010 RE: Lease Between the City of Dubuque and J. D. Communications, Inc. J. D. Communications, Inc. leases property from the City in the Historic Federal Building. The lease does not expire until February 28, 2014. However, J. D. Communications, Inc. is selling its business. Attorney John O'Connor, on behalf of J. D. Communications, Inc., has requested that the City consent to an assignment of the lease to G.A. Publishing, Inc. pursuant to the accompanying Assignment of Lease. I recommend that the Assignment of Lease be submitted to the City Council for consideration and approval. BAL:tls Attachment cc: Dave Heiar, Economic Development Director John O'Connor, Esq. F: \ USERS \tste ckle \Li n d a h I\ Memos \M V M_J DCo m m u n icat i o nsAss ig n m e ntOfLe a se_082510. d o c OFFICE OF THE CITY ATTORNEY DUBUQUE, IOWA SUITE 330, HARBOR VIEW PLACE, 300 MAIN STREET DUBUQUE, IA 52001 -6944 TELEPHONE (563) 583 -4113 / FAX (563) 583 -1040 / EMAIL balesq @cityofdubuque.org August 19, 2010 Mr. Barry Lindahl City of Dubuque Harbor View Place 300 Main Street, Suite 330 Dubuque, IA 52001 RE: J. D. Communications, Inc. Lease with the City of Dubuque Dear Barry: Enclosed please find two executed copies of the Assignment of Lease from J. D. Communications, Inc. to G.A. Publishing, Inc. We understand this Assignment of Lease needs Council approval. We would request that you put this on the Council's Agenda and obtain the necessary approval. Once approved, please have Mike execute both copies and return them to my attention. If you should have any questions, please feel free to contact us. Very truly yours, O' z ' OR & THOMAS P.C. E. Marshall Thomas, 1907 -1989 . O'Connor, J.D., CPA JCO:cck Enc. cc: Mrs. Jane Rusk Mr. Bradley Kane Roshek Building JOHN C. O'CONNOR BRENDAN T. QUANN A. JOHN ARENZ t$ John C. O'Connor I ext. 234 1 ice* @law•com 700 Locust Street, Suite 200 CHAD C. LEITCH RICHARD K. WHrrrr STEPHEN C. KRUMPE * t O'CONNOR THOMAS,P.c. ATTORNEYS AT LAW 6t 184o www.octhomaslaw.com u.octhomaslain.cotn 1 Dubuque, Iowa 52001 1 Phone 563.557.8400 I Fax 563.556.1867 JAMES E. GOODMAN, JR. * DAVIN C. CURTISS * t PAULJ. SIGWARTH t Francis J. O'Connor, 1916 -1990 PETER D. ARLING * §t JOSHUA P. WEIDEMANN CHRISTOPHER C. FRY GREG A. REHMKE WHITNEY R. JACQUE STEPHANIE R. FUEGER All attorneys licensed in Iowa I * Also licensed in Illinois I t Also licensed in Wisconsin I § Also licensed in Minnesota $ Certified in Civil Trial Advocacy by National Board of Trial Advocacy I i Also licensed in U.S. Tax Court J. D. Communications, Inc. ( "Assignor" and "Tenant ") hereby assigns all of its right, title and interest in and to a Lease with the City of Dubuque dated February 17, 2009 ( "Lease "), for Rooms 233, 233A and 234 located in the Dubuque Federal Building located at 350 W. 6th Street in the City of Dubuque, Iowa, to G.A. Publishing, Inc. ( "Assignee "). Assignor hereby agrees to assume all obligations under said Lease accruing prior to August 19, 2010 and agrees to indemnify Assignee for failure to do so. J. D. COMMUNIIC IONS, INC. By: 0111 J.� Rusk, tecr ary By: Assignee acknowledges having received and read the Lease and hereby accepts the foregoing Assignment of Assignor and hereby assumes Assignor's and Tenant's obligations under said Lease accruing on or after August 19, 2010 and agrees to indemnify Assignor for failure to do so. G.A. PUB. HING, IN 0 1b ( Gi a Siegert, resVent The City of Dubuque, Landlord under the above - described Lease, hereby agrees to the above Assignment. The City of Dubuque also acknowledges that J. D. Communications, Inc. is in full compliance with the terms of the Lease as of August 19, 2010. The City of Dubuque releases J. D. Communications from all obligations under the Lease as of August 19, 2010 and will be looking solely to G.A. Publishing, Inc., as Assignee, for compliance with the Lease Terms on or after August 19, 2010. CITY OF DUBUQUE By: chael Van Milligen ASSIGNMENT OF LEASE ASSUMPTION AGREEMENT TO ASSIGNMENT OF LEASE J. D. Communications, Inc. ( "Assignor" and "Tenant ") hereby assigns all of its right, title and interest in and to a Lease with the City of Dubuque dated February 17, 2009 ( "Lease "), for Rooms 233, 233A and 234 located in the Dubuque Federal Building located at 350 W. 6th Street in the City of Dubuque, Iowa, to G.A. Publishing, Inc. ( "Assignee "). Assignor hereby agrees to assume all obligations under said Lease accruing prior to August 19, 2010 and agrees to indemnify Assignee for failure to do so. CA IONS, IN ‘rib J. D. CO By: e Rusk, Sec -etary Assignee acknowledges having received and read the Lease and hereby accepts the foregoing Assignment of Assignor and hereby assumes Assignor's and Tenant's obligations under said Lease accruing on or after August 19, 2010 and agrees to indemnify Assignor for failure to do so. G.A. PUBLISI -4, IN a Siegert, Prf dent CITY OF DUBUQ By: Michae Van Milligen ASSIGNMENT OF LEASE ASSUMPTION AGREEMENT TO ASSIGNMENT OF LEASE The City of Dubuque, Landlord under the above - described Lease, hereby agrees to the above Assignment. The City of Dubuque also acknowledges that J. D. Communications, Inc. is in full compliance with the terms of the Lease as of August 19, 2010. The City of Dubuque releases J. D. Communications from all obligations under the Lease as of August 19, 2010 and will be looking solely to G.A. Publishing, Inc., as Assignee, for compliance with the Lease Terms on or after August 19, 2010. Dated: 09/07/10