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Casino Hotel Parking Use Agree Amendment fki~~E ~Yk.~ MEMORANDUM April 26, 2005 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Dubuque Casino Hotel - First Amendment to Parking Use Agreement Corporation Counsel Barry Lindahl recommends City Council approval of the First Amendment to Parking Use Agreement between Dubuque Racing Association, Ltd., Dubuque Casino Hotel, L.L.C. and the City of Dubuque. The Amendment provides for the replacement of Exhibit A with Exhibit AA, which shows the revised design for the parking lot I concur with the recommendation and respectfully request Mayor and City Council approval. I~L { k; AJL Michael C. Van Milligen MCVM/jh Attachment cc: Barry Lindahl, Corporation Counsel Cindy Steinhauser, Assistant City Manager r\ I .L..\ _'00.-, ~_J BAR R Y A. L I N 0 A H L , S. CORPORATION COUNSEL, CITY OF DUBUQUE ,'/ ~ MEMO To: Michael C. Van Milligen City Manager DATE: April 15, 2005 RE: Dubuque Casino Hotel - First Amendment to Parking Use Agreement Mike: In connection with the construction of the Dubuque Casino Hotel, the Dubuque Racing Association, Dubuque Casino Hotel and the City entered into a Parking Use Agreement which grants Dubuque Casino Hotel the use of certain real estate leased to the Dubuque Racing Association by the City. Dubuque Casino Hotel agreed to construct a parking lot on that area pursuant to the Parking Use Agreement. Exhibit A attached to the Parking Use Agreement showed the original Phase I and Phase II parking areas. The parties now desire to amend the Parking Use Agreement, replacing Exhibit A with attached Exhibit AA to show the revised design for the parking lot. The original design called for 500 parking spaces while the revised design requires 450 parking spaces. The reduction is because of engineering, internal roadways, landscaping and so forth. Subject to your approval, I would recommend that the First Amendment to Parking Use Agreement be submitted to the City Council for consideration. Attachment cc: Cindy Steinhauser, Assistant City Manager --------- SUITE 330, HARBOR VIEW PLACE, 300 MAIN STREET DUBUQUE, IA 52001-6944 TELEPHONE (563) 583-4113/ FAX (563) 583-1040/ EMAIL balesq@cityofdubuque.org . .' , \ "". ~ ~ '"", .... '-..I' ")1-; ..r\ Pl' h ..." ~ ~ ~ l ~ ;;. ,. nAn EXHIBIT f. 1I .~q I:It 1 / I I I I I I ! / i , i / I I i I ! I I I ,. i i / ------.! I \ \ \ \ \ \ I \ I I i I I I / , EXllIBI'I "u" \. . I I I I J\\ ) .~ ' l I i t\ I I I / I i / I I .I . , / / I i -----J: ) C(l . ;t, ;~0 2 'I i II:!; i l'lr'l DUBUQUE CASINO HOTEL LLC. - BID PACKAGE #2 E. Marshall Thomas, 1907-1989 Francis J. O'Connor, 1916-1990 ATTORNEYS AT LAW Esr.J840 www.octhomaslaw.com April 13, 2005 Mr. Barry Lindahl City Attorney Harbor View Place 300 Main Street, Suite 330 Dubuque IA 52001 Dear Barry: Please find enclosed the First Amendment to Parking Use Agreement executed in triplicate by Wayne Briggs and Bruce Wentworth. Please have the instrument executed by the Mayor and then return. an original to the undersigned and to Brian Kane. Thank you. Very truly yours, O'CONNOR & THOMAS, P.c. /~e Stephen C. Krumpe SCK/drm Encs. Stephen C. Krumpe ext. 232 skrumpe@octhomaslaw.com Dubuque Building I 700 Locust Street, Suite 200 I P.O. Box 599 I Dubuque, Iowa 52004-0599 I Phone 563.557.8400 I Fax 563.556.1867 JOHN C. O'CONNOR CHAD C. LEITCH * JAMES E. GOODMAN, JR. * KERRIE L. LIEDTKEt CHRISTOPHER c. FRY BRENDAN T. QUANN RJCHARD K. WHITTY DAVIN C. CURTISS *t PETER D. ARLING*~ THOMAS S. COlliNS, OF COUNSEL A. JOHN ARENZ t+ STEPHEN C. KRUMPE *t PAULJ. SIGWARTIi t JOSHUA P. WEIDEMANN AU attorneys licensed in Iowa I * Also licensed in IUinois I t Also licensed in Wisconsin I 9 Also licensed in Minnesota :j: Certified in Civil Trial Advocacy by National Board of Trial Advocacy Prepared by: Brian 1. Kane, KANE, NORBY & REDDICK, P.C., 2100 Asbury Rd., Ste. 2, Dubuque, IA 52001563-582-7980 FIRST AMENDMENT TO PARKING USE AGREEMENT This First Amendment to Parking Use Agreement ("Amendment") is made and entered into effective this _ day of , 2005, by and between DUBUQUE RACING ASSOCIATION, LTD., an Iowa nonprofit corporation ("DRA"), and DUBUQUE CASINO HOTEL, L.L.C., an Iowa limited liability company ("DCH"), and THE CITY OF DUBUQUE, an Iowa municipal corporation ("CITY"). RECITALS (A) DRA, DCH, and CITY entered into that certain Parking Use Agreement effective July 6, 2004 (the "Agreement") which Agreement, among other things, granted DCH use of certain real estate leased by DRA from CITY for the construction of a surface lot for vehicular parking, sidewalks, landscaping, and lighting for such parking area, with such construction to be in two phases, Phase I and Phase IT, as provided under the Agreement; and, (B) Exhibit "A" to the Agreement showed the original Phase I and Phase IT parking areas. Since the date of the Agreement (i.e., July 6, 2004), there has been significant engineering with regard to the subject matter of the Agreement, and the parties recognize that certain changes or modifications to the Agreement should be made, which the parties desire to reduce to writing, all pursuant to Section 14 of the Agreement. THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree upon the following mutual terms and conditions: 1. DCH shall construct a surface lot for vehicular parking, sidewalks, landscaping, and lighting for the parking areas designated as Phase I and Phase II on the attached Exhibit "AA," which exhibit replaces Exhibit "A" attached to the Agreement. The parties acknowledge that Exhibit "AA" contemplates 450 parking spaces, more or less, as opposed to the 500 parking spaces contemplated by Exhibit "A" to the Agreement, because of engineering, internal roadways, landscaping islands, etc. In consideration ofthe construction at this time by DCH with respect to Exhibit "AA," DRA agrees to pay DCH $76,397.50 on or before June 1,2005, or when the parking lot and other aforesaid improvements thereto are substantially finished, whichever first occurs. DCH agrees to repay to DRA $76,397.50 upon the earlier to happen of the following: (a) IfDCH sells its hotel and restaurant; or, . . (b) Substantial completion of the expansion of the hotel as stated in Section 2 of the Agreement; or, (c) On June 1,2010. Payment of the foregoing amount, without interest, shall be made within thirty (30) days of any of the foregoing events. 2. DRA agrees to pay DCH $220,000.00, pursuant to Section 2 of the Agreement, by ,2005. 3. In all other respects, the parties affirm and ratify the Agreement, except as specifically amended by this Amendment. IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed effective the day first above written. DUBUQUE RACING ASSOCIATION, LTD. .6-~ By its authorized representative DUBUQUE CASINO HOTEL, L.L.C. By its Mayor F:\ WPDOCS\Missy\DOCS\DBQ Racing Assn - Dubuque Casino Hotel 1st Amendment to Parking Use Agreement. wpd . . STATE OF IOWA ) COUNTY OF DUBUQUE ) ss: This instrument was acknowledged before me on the /'1 day of A-jJl' j' / 2005, by ';-'z..... KATHRYN MALONE ? ~ ~ Commission Num er 71 486 IO~ My Comm. Exp 'I' ~~d~ NOTARY LIC IN AND FOR THE STATE OF IOWA STATE OF IOWA DUBUQUE COUNTY ) ) ss: ~ This instrument was acknowledged before me on the ~ day of ~/L 2005, by Wayne A. Briggs, as President of Dubuque Casino Hotel, L.L.C. ~"",'\: fj;.. "... BRIAN J. KANE Commission Numblll' 125603 t8i COMMISSION E)CPIRES JANUARY 12. 2007 STATE OF IOWA DUBUQUE COUNTY ) ) ss: On this _ day of ,2005, before me, the undersigned, a Notary Public in and for said State, personally appeared Terrance M. Duggan, to me personally known, who being by me duly sworn, did say that he is the Mayor of The City of Dubuque; that no seal has been procured by the said corporation that said instrument was signed on behalf of said corporation by authority of its Board of Directors; and that the said Mayor, as such officer, acknowledged the execution of said instrument to be the voluntary act and deed of said corporation, by it and by him voluntarily executed. NOTARY PUBLIC IN AND FOR THE STATE OF lOW A ." . 'I EXHIBIT "AA" See attached drawing. ,I i , I , i I i \\\ j 1~ / tl " I j / i- " / / / , ,'/ --J We i DUBUQUE CASINO . \:) i. HOTEL LLC. - BID PACKAGE #2 . .. ( . . EXBI1lI'I "!A" \ . i J , l 2 ! I i 'I;!; i Illr!1 la " I~ i ! I '~~ ,'=" ;::;; ~~ ;~ it' ::':L S- :....,j "3l ,"" ...l .i~..~ :1-1_ "~l -~ -l..J (J"\ \-l ~~ r- ... Gl3;=