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Bowling & Beyond Lease Agreement . . 5UB~E ~YN-~ MEMORANDUM April 27, 2005 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Bowling & Beyond Lease #2 Assistant City Manager Cindy Steinhauser has submitted a memo providing additional information related to the expired Lease #2 with Bowling & Beyond for a parcel of City property 91' x 300' located on the northwest corner of Hawthorne and Harbor Streets that is used for outdoor volleyball courts by Bowling & Beyond. On November 1, 2004, the City received an offer from Art Gilloon, the attorney for Bowling & Beyond, requesting a five-year renewal of the lease at the current rate of $5,200 annually. On December 28, 2004, the City offered a year-to-year lease for a rate of $6,825, revised insurance and indemnity language and that Bowling & Beyond pay all property taxes for Leases #1 and #2 (estimated to be $2,907.83.). For Lease #1, where their building sits, Bowling and Beyond has been paying property taxes on the building, but not the land. The County has begun assessing the City for property tax on public land leased for private use. All new leases between the City and a private entity require that the private entity be responsible for all property taxes (building and land). On April 6, 2005, City staff met with Art Gilloon and Bowling and Beyond owner Mike Schmitt to discuss lease terms. During the meeting City staff indicated that the lease rate proposed would not change from $6,825, but that the City would consider a five- year lease versus a year-to-year lease. An agreement was reached in regard to a change in the DRAM shop insurance limit going from the proposed $3 million down to $1 million. However, no agreement was reached on new lease rate or length. Assistant City Manager Cindy Steinhauser recommends that the lease terms previously offered to Bowling & Beyond remain. I struggle with the recommendation because this is a buildable lot of 27,300 sq. ft. (91 x 300). The Tollbridge property purchased recently by A.J. Spiegel was purchased for $15.05 per square foot. The Perfection Oil property recently purchased by A.J. Spiegel was purchased for $2.35 per square foot. Art Gilloon says the increase has no relation to market value, particularly for a piece of land no good to anyone else. Mr. Gilloon is absolutely wrong. Just because the City is not actively marketing this property for development does not make it worthless. By nearby sales comparisons, the City could and some might say should, be asking for an annual lease payment of $41 ,086. Assistant City Manager Cindy Steinhauser is recommending City Council approval to extend an offer for a lease with Bowling and Beyond under the following conditions: 1. A one-year lease with a lease rate of $6,825 (25<t per square foot); 2. Bowling and Beyond pays property taxes for Leases #1 and #2 (estimated to be $2,907.83); and 3. Bowling & Beyond is required to carry DRAM shop insurance in the amount of $1 million. I concur with the recommendation and respectfully request Mayor and City Council approval. !1 !~') ~J! U M\ Michael C. Van Milligen ()? Jfj~ (TII) MCVM/jh Attachment cc: Barry Lindahl, Corporation Counsel Cindy Steinhauser, Assistant City Manager 5U"~~E ~~~ MEMORANDUM April 25, 2005 FROM: Michael C. Van Milligen, City Manager ^- f\, \aJ Cindy Steinhauser, Assistant City Manag~ v Bowling and Beyond Lease #2 TO: SUBJECT: Introduction The purpose of this memorandum is to provide you with additional information related to the expired Lease #2 with Bowling & Beyond Lease. Backround In 1999 the city staff negotiated a lease agreement with Riverside bowl Inc. for a parcel of city property 91' x 300' located on the northwest corner of Hawthorne and Harbor Streets (see attached Lease #2). The term of this lease was $5,200 annually for a period of 3 years, expiring on June 30, 2002. Due to a change in ownership, in December 2000 this lease was assigned to Bowling and Beyond Dubuque Inc. This lease expired on June 30, 2002. However, the City accepted payment for one-year incremental extensions of the lease for this project on July 2, 2002 and September 8, 2003. The city also has another lease with Riversidebowllnc. that was later assigned to Bowling and Beyond Dubuque Inc. for three parcels adjacent to the lease mentioned above (Lease #1). The terms of this lease are $4,788 fixed rate for over 4 acres of land annually for 50 years ($1,050 per acre), expiring on May 31,2008. This lease has an option to extend the lease for an additional 50 years at a fixed rate of $1134 per acre. Attached is a series of correspondence between the City of Dubuque and Bowling & Beyond related to Lease #2: . September 28, 2004 - The city sent a letter to Mr. Mike Schmitt and Mr. James Jansen, owners of Bowling and Beyond, notifying them the lease had expired. . November 1, 2004 - The city received a lease offer from Art Gilloon, attorney for Mike Schmitt, requesting a 5-year renewal of the lease at the current rate of $5,200/annually. This has been the lease rate since July 1, 1999 with no increase. . December 28. 2004 - The city sent a response indicating the terms of a new lease between the City of Dubuque and Bowling & Beyond. Included in the terms were a year-to-year lease, lease rate of $6,825 ($ .25 per square foot), revised insurance and indemnity language and that Bowling and Beyond pay all property taxes for Leases #1 and #2 (estimated to be $2,907.83). Currently, Bowling and Beyond pays property taxes for the building that is situated on Lease #1, however, recently the County has begun assessing the City for property tax on public land leased for private use. All new leases between the city and a private entity require that the private entity be responsible for all property taxes (building and land) and so it was included in the new lease terms with Bowling & Beyond, even though this partially dealt with the adjoining lease (lease #1) and not just lease #2. . March 18, 2005 - After hearing no response from Mr. Schmitt or his attorney for more than 10 weeks, the city sent a final letter acknowledging no further interest in negotiations and requesting a past due payment of $5,200 for use of the city property from July 1, 2004 to present. . March 24. 2005 - City received a fax from Art Gilloon requesting a meeting with city staff to negotiate a new lease. . April 6. 2005 - City staff met with Art Gilloon and Mike Schmitt to discuss lease terms. During our meeting we indicated that the lease rate proposed would not change, but that we would consider a five year lease versus a year-to-year lease. We also agreed to a change in the DRAM shop insurance limit. However, at this meeting we were unable to agree on new lease terms with Mr. Gilloon and Mr. Schmitt. Discussion On April 18, 2005 Mr. Art Gilloon, on behalf of Bowling & Beyond, presented a written and verbal request to the City Council regarding the expired lease. In his correspondence Mr. Gilloon questioned the new lease amount indicating that the rental rate increase has no relation to market value and that the piece of property has no other revenue generating potential. I would like to clarify each of these statements. The rental rate was established at $ .25 per square foot. This rate is consistent with the private sale of Perfection Oil undevelopable, remnant property at the end of Rhomberg that was sold for $2.34 square foot. This purchase price would equate to a rental rate $ .234 square foot annually. In addition, according to the Engineering Department, the assessed value of other city property in this area ranges from $ .48/square foot to $1.08 square foot. This was the basis for establishing the $ .25 per square foot rate for Bowling and Beyond. Secondly, Mr. Gilloon states that the property is of no use to the city of Dubuque and has no other revenue generating potential. Attached is Exhibit A of the expired lease which identifies the lease area as 91' x 300' or approximately 27,300 sq. ft. This site is located on the corner of Harbor and Hawthorne Streets and will overlook the newly renovated Waterworks Park as well as the existing marina. The site is currently zoned Commercial Recreation (CR) and potential uses could include office, hotel, drive- in/carryout restaurant, bar/tavern, theater and retail sales for example. Currently there is a floodwall and watermain easement on this site that would limit the development parcel size to approximately 70' x 260' or 18,200 square feet per level. This would be sufficient to accommodate a 50-stall parking lot and several stories of mixed use space above. A two-story facility with a 50-stall parking lot could generate $309,200 in lease revenue (36,400 @ $8/sq. ft. and $30/month per parking stall). This development would also pay property taxes on the land and improvements that alone could generate more revenue to the city than the Bowling and Beyond lease of this property. A recent developer proposed developing a $20 million facility on a site near this location that was approximately 45' x 545' in size. Given the adjacent amenities, proximity to the River and access to Kerper Blvd. I would argue that this site presents an excellent opportunity for the right developer. Based upon this information I would recommend that the lease terms previously offered to Bowling & Beyond, remain. I do believe that the city had originally proposed that the lease be offered on a year-to-year basis and that the City begin marketing this developable parcel for development that would get a higher return for the city. CC: Barry Lindahl, Corporation Counsel Gus Psihoyos, City Engineer Ken TeKippe, Finance Director -.. ....-... ____.-.-l..__ f~ ", T -\ T=;' ", f \ } j.; ,-\._,,~,"""~::~~"'::-":~ - :.~ City Manager's Office 50 West 13th Street Dubuque, Iowa 52001-4864 (563) 589-4110 phone (563) 589-4149 fax ctymgr@cityofdubuque.org ~YI~~ September 28, 2004 Mr. Mike Schmitt and James Jansen Bowling & Beyond 1420 Yorkshire Drive Streamwood, III 60107-2272 Dear Mr. Schmitt and Mr. Jansen, The purpose of this letter is to notify you of the status of your company's lease with the City of Dubuque. Lease #2 This lease was for a parcel of property 91' x 300' located on the corner of Hawthorne and Harbor Streets. This lease expired June 30, 2002. In June 2002 and 2003, the City accepted payment for one-year incremental extensions of the lease for this property. However, no additional payments have been or will be accepted. The purpose of this letter is to notify you that the City of Dubuque considers this lease to have been terminated effective June 30, 2004. According to the terms of the lease, "Lessee shall have the privilege, during the period of thirty (30) days thereafter to remove any and all improvements made by the Lessee to the Leased Premises, provided the same are free of landlord's liens, or other lien rights in Lessor. In the event of such removal, the Leased Premises shall be restored to substantially the same condition as it was at the commencement of the initial term of the Lease. Failure to remove any such improvement, or other property of Lessee within such three (3) month period shall constitute an abandonment thereof unless the parties hereto otherwise agree in writing. Lessee shall reimburse Lessor for the actual expense of removing any such abandoned property." Please make arrangements to have any improvements still on the property removed by November 1, 2004. Service People lntegrity Responsibility Innovation Teamwork Please contact me at 563-589-4110 if you have any questions regarding this letter. Sincerely, / It! V '. jj r1u~/ tt"1 jJ~ Michael C. Van Milligen City Manager NORMAN. GILLOON, WRIGHT & HAMEL, P.C. Attorneys f '~'1 cl- ( il1''f r"~ ~ ~" I vi. \Nf' v' u' /1 ) d 3 /0(/ I;' ,r ~I '-:' . L' (.., Wayne A, Norman, Jr.* Arthur F, Gilloon* E. David Wright* Dirk J. Hamel** James A. Willis *** Please Reply To: P.O. Box 857 Dubuque, IA 52004-0857 E-Mail: ngwhlaw@pciLnet Writer's e-mail address: agilloon@dbqlaw.com November 1, 2004 VIA FACSIMILE 589-4149 Michael C. Van Milligen City Manager 50 West 13th Street Dubuque, IA 52001 RE: Bowling & Beyond Dubuque, Inc. "Riverside Bowl Lease for Volleyball/Bar Area," 7/1/99 Dear Mike: As you know, our office represents Bowling & Beyond Dubuque, Inc., doing business at 1860 Hawthorne Street in Dubuque. Pursuant to our telephone conference of October 26, 2004, I am writing regarding your September 28, 2004 letter to Mike Schmidt and James Jansen. The written lease for this property expired June 30, 2002, but the parties continued to honor the lease for one year increments in 2002-2003 and 2003-2004. Unfortunately, the invoice for the annual rent in the amount of $5,200.00 apparently sent in July, 2004, was misplaced and not paid. Our client would like to renew this lease. We would propose the following: 1. The lease for the volleyball/bar area (91' x 300') be renewed to June 30, 2008, at the current annual rental of $5,200.00; 2. Prior to June 30, 2008, the parties can discuss additional rental terms, but the lease would continue, assuming both parties agree, for additional periods of one year until and unless a longer period was agreed to, at an annual rental to be agreed upon by the parties; Security Building /800 Main Street / Dubuque, IA 5200] / (563) 556-6433 / Fax: (563) 556-7706 "Also Licensed in Wisconsin / ** Also Licensed in Illinois/ "** Also Licensed in California Michael C. Van Milligen Page 2 November 1, 2004 Certainly all would agree that this 91' x 300' area is of no use to the city, and an annual rent of $5,200.00 provides income to the citizens of Dubuque on a piece of property that would otherwise be worthless. We are open to discussing other possibilities with the City, but it seems in the short term that the above proposal is most reasonable. I would also like to confirm that based on our phone conversation of October 26 and the parties' intent to negotiate a lease for this volleyball/bar area, the November 1, 2004 deadline to remove improvements as set out in your letter of September 28, 2004 is postponed indefinitely, and the City is not requiring that any rental payment be made to cover the period of time from July 1, 2004 to the present. As I told you in our phone conversation, my client is willing to send a check immedi8:te1y for a full year's payment (assuming the current lease could continue until June 30, 20D5), or a check for six months rent to allow us to negotiate through December 31 , 2004. Please be assured, Mike, that my clients are interested in working with the City to come up with a solution agreeable to the parties, with due consideration being given to the fact that my client has been and desires to be a good City tenant. I look forward to hearing from you. Sincerely, Arthur F. Gil AFG/jdh cc: Mike Schmidt City Manager's Office 50 West 13th Street Dubuque, Iowa 52001-4864 (563) 589-4110 phone (563) 589-4149 fax ctymgr@cityofdubuque.org THE C1TY OF '(-~~"" .~._~-_. [JCT B [JQ1JE ~c!k-~. December 28, 2004 Arthur F. Gilloon, Esq. Norman, Gilloon, Wright & Hamel, P.C. PO Box 857 Dubuque Iowa 52004-0857 Re: Bowling & Beyond Dubuque, Inc. Riverside Bowl Lease for Volleyball/Bar Area7/1/99 Dear Art, Thank you for your letter regarding the desire of your client to extend its lease with the City of Dubuque for the area mentioned above. ' After careful review of the expired lease, the City would like to propose the following: 1. Lease term is year to year beginning July 1, 2005 and ending on June 30, 2006. Lessee may request renewal with a minimum 30-day notice prior to expiration of lease but subject to approval of terms by the City; 2. Lease rate of $6,825 ($ .25 per square foot) for July 1,2005 through June 30, 2006; 3. Lessee shall pay all property taxes for Leases 1 and 2 (2005 estimate $2,907.83) 4. Leases shall be revised to include the attached insurance and indemnity language. Lastly, in your letter you state that based upon previous phone conversations " . . . the City is not requiring any rental payment be made to cover the period of time from July 1, 2004 to the present." I would like to clarify my statements regarding rental payment. My statements were meant to indicate that the above-mentioned lease had expired and therefore the City would not simply accept a rental payment, as this would in essence constitute an automatic renewal of the existing lease terms. The new lease term would begin on July 1, 2005. However the City is still owed rent for the period from July 1, 2004 to June 30, 2005. Please contact me at 563-589-4110 if you have any questions regarding this proposal. Sincerely, PLtJw Michael C. Van Milligen City Manager MCVM:cs Attachments __..__~_.__~_. _______. _.__._._.._._____~_~_______.__. .._________ ._, .._.. _.__ _.. _. _____ ______ __ ___ __.. .._,___ - __ ___.__ ".__'__ _.~ ,_.._ ____~___.___ __ -0- Serv ice People Integrity Responsibility Innovation Teamwork Insurance text for Bowling and Beyond Lease #2 General commercial liability insurance as set forth in the Lessor's standard Insurance Schedule for Lessees of City Property, as such uniform, standardized schedule may from time to time be amended. The current Insurance Schedule is attached to this Lease Agreement as Insurance Schedule A Indemnity text for Bowling and Beyond Lease #2 To the fullest extent permitted by law, the Lessee shall indemnify and hold harmless the City, and its officers, agents and employees, from and against all claims, damages, losses and expenses, including but not limited to attorneys' fees, arising out of or resulting from the use of the leased premises, provided that such claim, damages, loss or expense is attributable to bodily injury, sickness, disease or death, or injury to or destruction of property including loss of use resulting therefrom, but only to the extent caused in whole or in part by negligent acts or omissions of the Lessee, the Lessee's sublessees, or anyone directly or indirectly employed by the Lessee or the Lessee's sublessees or anyone for whose acts the Lessee or the Lessee's sublessee's may be liable, regardless of whether or not such claim, damage, loss or expense is caused in part by a party indemnified hereunder. INSURANCE SCHEDULE A INSURANCE REQUIREMENTS FOR TENANTS AND LESSEES OF CITY PROPERTY OR VENDORS (SUPPLIERS, SERVICE PROVIDERS) TO THE CITY OF DUBUQUE 1. All policies of insurance required hereunder shall be with an insurer authorized to do business in Iowa. All insurers shall have a rating of A of better in the current A.M. Best Rating Guide. 2. All policies of insurance shall be endorsed to provide a thirty (30) day advance notice of cancellation to the City of Dubuque if cancellation is prior to the expiration date. This endorsement supersedes the standard cancellation statement on the Certificate of Insurance. 3. Lessee shall furnish a Certificate of Insurance to the City of Dubuque, Iowa for the coverage required in Paragraph 6 below. Such.certificates shall include copies of the following policy endorsements: a) Thirty day notice of cancellation to the City of Dubuque. b) Commercial General Liability policy is primary and non-contributing. c) Commercial General Liability additional insured endorsement. d) Governmental Immunity Endorsements. e) Waiver of recovery under workers compensation. 4. Each certificate shall be submitted to the contracting department of the City of Dubuque. 5. Failure to provide minimum coverage shall not be deemed a waiver of these requirements by the City of Dubuque. Failure to obtain or maintain the required insurance shall be considered a material breach of this agreement. 6. Lessee shall be required to carry the following minimum coverage/limits or greater if required by law or other legal agreement: a) COMMERCIAL GENERAL LIABILITY General Aggregate Limit Products-Completed Operations Aggregate Limit Personal and Advertising Injury Limit Each Occurrence Limit Fire Damage Limit (anyone occurrence) Medical Payments $2,000,000 $1,000,000 $1,000,000 $1,000,000 $ 50,000 $ 5,000 This coverage shall be written on an occurrence, not claims made, form per location. All deviations or exclusions from the standard ISO commercial general liability form CG 0001 or Businessowners form BP 0002 shall be clearly identified. Governmental Immunity Endorsement identical or equivalent to form attached. An additional insured endorsement identical or equivalent to ISO Form CG 2026 or CG 2011 and include as additional insureds: ''The City of Dubuque, including all its elected and appointed officials, all its employees and volunteers, all its boards, commissions and/or authorities and their board members, employees, and volunteers." b) WORKERS' COMPENSATION & EMPLOYERS LIABILITY Statutory for Coverage A Employers Liability: $100,000 each accident $100,000 each employee-disease $500,000 policy limit-disease Policy shall include an endorsement waiving right of recovery against City of Dubuque. c) LIQUOR OR DRAM SHOP LIABILITY $3,000,000.00 tory TI<' em 0' C~ (!JiffY! D[fBUQtTE ~h~ City Manager's Office 50 West 13th Street Dubuque, Iowa 52001-4864 (563) 589-4110 phone (563) 589-4149 fax ctymgr@cityofdubuque.org March 18, 2005 Mr. Arthur F. Gilloon Attorney At Law Norman, Gilloon, Wright & Hamel, PC PO Box 857 Dubuque, IA 52004-0857 RE: Bowling & Beyond Dubuque, Inc. - Lease Property (91' x 300' Parcel Located on the Corner of Hawthorne & Harbor Streets) Dear Mr. Gilloon: On December 28, 2004, the City of Dubuque proposed new lease terms to Bowling & Beyond Dubuque, Inc. for the area of City property used as volleyball courts. Since the property was leased in this capacity to Bowling and Beyond from July 1, 2004 to June 30, 2005, the City also requested payment of the rent in the amount of $5,200. Since there has been no formal response from Bowling & Beyond, Inc., I am assuming that there is no longer interest in this property. According to the terms of the expired lease: Lessee shall have the privilege, during the period of thirty (30) days thereafter to remove any and all improvements made by the Lessee to the Leased Premises, provide the same are free of landlord's liens, or other lien rights in Lessor. In the event of such removal, the Leased Premises shall be restored to substantially the same condition as it was at the commencement of the initial term of the Lease. Failure to remove any such improvements, or other property of Lessee with such three (3) month period shall constitute an abandonment thereof unless the parties hereto otherwise agree in writing. Lessee shall reimburse Lessor the actual expense of removing any such abandoned property. Service People lntegrity Responsibility Innovation Teamwork Please remit the past due amount of $5,200 immediately and make arrangements to have any improvements to the City on the property removed by April 30, 2005. Please contact me at 563-589-4110 if you have any questions regarding this letter. Sincerely, j21)~ Michael C. Van Milligen City Manager cc: Barry Lindahl, Corporation Counsel Cindy Steinhauser, Assistant City Manager Ken TeKippe, Finance Director Gus Psihoyos, City Engineer Attach. - December 28, 2004 Letter NORMAN, GILLOON, WRIGHT & HAMEL, P.C. Attorneys l/ I r; 16';; .[' "'~ . J. .... r .' 1.-1 ~ 0 l}.,.. lI)Vv\ ?lDO ,'" Ct Ii:; Wayne A. Norman, Jr. * Arthur F. Gillooo* E. David Wright* DirkJ. Hamel** Please Reply To: P.O. Box 857 Dubuque, IA 52004-0857 E-Mail: agilloon@dbqlaw.com Fax-556-7706 FACSIMILE INFORMATION SHEET Date: March 24, 2005 CONFIDENTIALITY NOTICE: The information contained in this facsimile message and the documents accompanying this facsimile message are attorney privileged and confidential information intended only for the use of the individual or entity named below. If the reader of this message is not the intended recipient, or the employee or agent responsible to deliver it to the intended recipient, you are hereby notified that any dissemination, distribution, or copying of this communication is strictly prohibited. If you have received this communication in error, please immediately notify us by telephone, and return the original message to us at the address below via the U.S. Postal Service. The Following Pages Are For: Name bfIndividual: Michael C. Van Milligen Name of Firm: City of Dubuque Telecopier (Fax)No: 589-4149 Transmitting Party: ARTHUR F. GILLOON Total Number of Pages (Including this Sheet): 1 .call upon receipt: YES If problems with transmittal, contact: ART Hard copy will follow by Mail: YES l'dessage:Dear Ivtike-Re: Bowling & Beyond, received your 3/18 letter today. I called you right away but Juanita says you are out oftown until tomorrow. Mix up on my end after your letter of12/28/04. I thought my client was talking to you and he thought I was talking to you about your proposal. Unfortunately, no one was talking to you, but we are interested in discussing your proposal ASAP after you get back in town. Can we meet with you, my client, and whoever else you want present. I think a meeting would be more productive than further exchanges ofletters. Please call me when you get back. 556-6433. Interrupt when you call. Thanks. . Art Gilloon cc: Mike Schmidt, Barry Lindahl, Cindy Steinhauser, Ken TeKippe, Gus Psihoyos Security Building / 800 Main Street I Dubuque, IA 52001 / (563) 556-6433 I Fax: (563) 556-7706 * Also Licensed in Wisconsin I ** Also Licensed in Illinois Message l;;1[,- CG. I ~1f}!; Pagelof2 Arthur Gilloon tQJ~Y From: Arthur Gilloon [agilloon@dbqlaw.com] Sent: Monday, April 18, 2005 6:10PM To; 'rbuol1 @mchsi.com'; 'amichalski@cityofdubuque.org'; 'dnicho\son@cityofdubuque.org'; 'jmarkham@cornerenergy.com'; 'jconnors63@mchsi.com'; 'pcline@cityofdubuque.arg'; 'jsch neid@cityofdubuque.org'; 'ctymgr@cityofd u buq ue. org' Cc: Barry Lindahl (balesq@cityofdubuque.org); Mike Vanmilligen (ctymgr@cityofdubuque.org); Mike Schmidt (mschmidt@bowlingbeyond.com) Subject: Bowling and Beyond lease NO.4 of Volleyball area Honorable Mayor and Council Members- Our office represents Bowling & Beyond Dubuque, Inc.dba Riverside Bowl, which has leased a 91' X 300' volleyball area behind the bowling alley and parking lot at 1860 Hawthorne St. from the City since 1999. The lease ( which converted to a year by year lease on 6/30/02) expired on 6/30/04, and through inadvertence, the $5,200 billing from the City to my client for 2004-2005 lease term was Plot paid. Bowling & Beyond received a lease termination notice which led to discussions about renewing the lease.. Although the City Manager's office has graciously consented to discuss renewing the lease, the parties have been unable to agree with the City Manager's office on an acceptable rent for this volleyball area. .l'Ii9.J THE VOLLEYBALL AREA IS OF NO USE TO THE CITY OF DUBUQUE AND HAS NO OTHER ~ REVENUE GENE -PG-T-EN=RAL. However, the City Manager proposes to charge Bowling & Beyond a new lease amQ!.L[lt... $9,732 per y~arJhis rental rate is a 90% increase over the prior rent. The increase has '.'--m:Jrelation to market va ue, pa ICU ar y for a piece of land no good to anyone else. If a fair rent figure cannot be reached, the volleyball area will be moved to another area currently rented by my client, and the City will lose at . ~ least $5,200 per year in rental income. :v~ \)L ~ ,J The above facts are a brief overview of the current status of the lease, and not meant to include all ~ events and discussions that have occurred to date regarding the lease issues. We want to make the Council aware of this situation so that, while we realize no formal action can be taken at tonight's meeting, the Council may give some indication regarding how they want the parties to proceed, and whether the volleyball area can continue to be a revenue generating item for the City of Dubuque at a fair price. I apologize for the short notice on this matter, but the parties were continuing to talk until we reached a definite impasse this morning. The undersigned respectfully requests that he be allowed a few moments to speak at tonight's meeting during the "Public Input" session at the conclusion of the formal agenda. Thank you. Arthur F. Gilloon 4/18/2005 LEASE AGREEMENT ~- This Lease Agr~ent made and entered into thli L day of \lnr""~1 , 20~1 ~; by and between the City of Dubu~ue, Iowa. a munlci~al eorporlltion ot Iowa, hereinafter call!c ~Le$$or", and Riverside Bowl, Inc., Bl'llowa busin~s corpor;tion, herei"after called "Lessee". ,. Lessee hereby leMe5 to Lessee the following d~scribed real estate situatea in tnl: City of Oubuque, Dubuque Coumy, Iowa, hereinilfter referred to as The "Leased Premises", upon the ~rms and ~on?)tions 58t forth herein, to-wit: Property identified on anached Exhibit A, dated 3- 15-96, il6 "Riverside Bowl Lease No. 4- It 'the northwest corner of Hawthome Bnd Harbor Streets 2. TERM. The term of this Lease shall be from the 1.1 day of July, 1999, until midnight on the 3C)1!\-"'CIay' c'f~Jumef'2.002. 3. RENTAL. Lessee shall pay annually ilS rental the sum of 'five thousand two hundred dollars 1$5,200.00), at the Office of the City Treasurer, at the time of the execution of 'Chis Lease Agreement, and on the 1 $'1: day af July in each year 01 this L.ease. 4. T AXES. L~sae agrees to pay all general taxIS that may be le'Jied against the Leased Premises and all ge"eral taxes levied or assened against improvements placed upon 'the Leased ~remises by Dr on behalf of 'the Lesse-8. 5. FENCE. Lessee shaH install at Its expense an B foot high chain link fence as snown en Exhibit A. The fence shall be 8 minimum distanoe of 10 1eet from the landward toe of th! levy. 6. IMPROVEMENTS. All improvement; made by Lessee to me Leased Premises ilnd aft struc;lures situated thereon shall be ereC'ted. built and maintained in strict conformity with III appllcable federal, state or municipal statutes. ordinances and regulations. No structural improvements shall be made without th~ prior written approval of the 'Lessor. Lessa! shall keep the Leased Premises and any structures thereon in a neat and orderly condition at all times and in a condition of repair and shall conform with a/l1ed~ral. state and municipal reguJ~ticns in regard to the use of the Leased Pn:mise~, and the operation of the business conducted thereon. Upon the termin~tioncf 'this Lease for any ~use Wh8tSo!:ver. Le!!!8 shall have the privilege, during the period of thirty (30) days thereafter to remove any and all improvements made bv Lessee to the Leased Premises, provided the same are free of landlord's liens. or other lien rlghts in L~sor. /n the event of such removal, the Leased Premises sMail be res10red to substantially the same condition as it was at the commencement of the initial term of the Lease. Failure to remove any such imj:)ro'Jement, or other propenv of Lessee within such 'three (3) mOf\tn period shall t:onstitute an abandc!'H'l'1ent 'thereof unless the p21rties hereto otherwise. agree in writing. Lessee shall reimburse Lessor 101' the l!lctua) expense of removing any such abandcne.c property. Lesst:'e shall have f.ree accets at all times during rhs aforesaid thirty (301. day period to remove from the Leand Pramisu it! improvemt.nts. 7. QUIET ENJOYMENT, Le,scr agree. and covenants !hat Lessee 0/"\ payment 01 the rent and performing the covenants and conditions herein contained. shall ilnd may pE.aeefully a,.,d ql.lii?tly hll..,e. r,old 8nd enjClY the Le6sed Premises far 1he ~erm hereof. ... S. EASEMENTS. Lestlle ~cknowled9&$ the u:isten~e of a 16' wide Corp of Engineers easement for the City's f1oodwal! protection levy and ill 20' wide wi'termarn easemem across the Leased Premises as shown on Exhibi't A, and Lessee agrees 'to allow access to Lessor tar the purposes consister"lt with these easements. ,. S. INSURANCE, Lessee shall procure and maintain insurance set forth i~ the attached Insurance Schedule. , O. INDEMNITY. Less~ shaUindemnify and ;,old harmle.ss Lessor 1rom and against all claims. damages, loss~s and expenses. Including attomey iees, arising out 01 the lease of the property. provided that such claim, damages lo!s or e;r:pense, is caus-ed In whole or in pan: by the negligent act or omission of the Le~see, Lessee's agenu, COnTractors. customers, or employees. , , . DEFAULT. If Lessee shall malce default in 'the payment 01 the renral hereunder, or any part thereof, or snall make datault in the perlormance or any of the other covenants hertin contained, and such default snail continue fot a period of thirty (30) days aiter written notic;e therCt;)f, !pecifying thl! default complained of. mailed to Lessee at rrs address in the City of DubUQue. Iowa. by regular United StatK mail, or at such orher address as Lessee may from time 'tQ time specify in writing. than it shall be lawful for Lessor, at its election, to declare the term of this Lease ended and to expel ~nd remove Lessee, or any person, or pers ens. in or upon the same, using such force as may be nec~narV uncler 'the circums'tiances. Les!ee nereby covenants and agrees to surrender and deliver up the Lellsed Premises peaceably to the Lesser. ,2.. USE OF LEASED PREMISES, The leased p~emises shall be used solely for the purpose of v.olleyball courts. '3. ASS I GNABILI"t'o{. Lessee may not assign or subltit the premises or any portion thl!reof without first !eC'Unng the written prier I:onsent of Lessor, which consent shall not be l.mreasonably withheld, Merger af l.ess~ with some cther corporation, or sale of the m~jority of the stock of lessee to any etner corporation. or consolidation, shall be deemed an assignment or sublease tor rhe purposes ot this section. IN WITNESS WHEREOF, the i_rties have cal.lsed the due execution of this Lease Agreement. in duplie~te, on this \,.. day of the...", I 2000. ::~ OFlttlih~~ ~iC/i!~1 C.-Van MiIligen City Manager RIVERSJ!l.E S()lAf~ ~ By: ~/t r--... Timothy M. Mart;n Vic:e President, Ri....erside Bowl, Inc. ")..1 I)\"" D~ \~ l,1' "I Q,.. Address D,-,~....,,( - j:iG ;:lu'-' ( - INSURANC~SCHEOULE , . Any policy of insurance or certificate of insurance required hireunder shall be with a carrier aut~or'~8d to da bu~ness in Iowa and a carrier that has received a rating of A or better In the el.lrrent Best's Rating Guide. .2. Any policy of inlurance required hereunder shall provide for a thirty-day notic! to the CIW of any matBrlal change or l:an~e\latlon of the policy prior to its' expiration date. 3. Contractor shall have its insurance agent or company certify in writing 1r.at any policy of insurance ~quired hereIn with an aggregate limit of \labilitY has no~ bean redu!:ed by paia or reserved claims at the time of issuance of policy or certificate. 4. Contractor shall furnish cOJ:lies of the fallowing policies to the City, with limits not less than the following, or grealer if required by law, and shall also furnish certificates of insurance trom all inclependent contractors or subcontractors hired by Contractor or any independent contractor car $ubccntral:'tor hired by the indep~ndern contractor or subcontractor, which certificateli shall provide tvidenc:e of coverage for limits not less than the following, or greater H re~uired by law; WORKERS COMPENSATION: Statutory State of law. Emplovers' liability S, 00,000 each accldsnt S, 00,000 each employee oy disease $500.000 policy limlt by disease C overage A: Coverage 6: AUTOMOBILE UABILlTV: Bodily Injurv and Property Damage limit 01liablll'tY of .$1,000,000 combined single limit or equivalent. COMMERcrAL GENERAL LlABILITY: General A.ggregate Umit Products-Ccmplsl.d Op&ration Aggregate Limit $ Perscnal and Ad\fertisiF'lg Injury Limit Eaeh Occurrence Limi't . Fire Damage Umit (anyone occurrence) Medical Payments (UmbrellCl Liabilltv Insurance may be sutlstitl.lted for above "limits,) OR Combined Single LimIt Medical Payments [Umbrella Liability Insurance may be substiluted ~or iilbcve limits.) $2.000,000 $ 1 ,000,000 $ 1,000,000 $1.000,000 $ 50,000 S 5.000 $2,000,000 $ 5,000 [;overlilse is to ir'\clud~: occurrence form, premi:u!l=/o?OrlltionsJFlr~ducuJ t:cmp\eted operations ccverage, independent contractors' coverage, ccrmac:'tual lia\)ility. broad form J:lroi:lert'l damage, personal injury, City 0; Dubuque named as an additional ins;ured with 3Q days written nc'tice af change or canc-ellaticn, ............. Prll~l:ll"ld By:Th. City of DubuQue 50 Wut \31h Strut OubUCluI. lewa 52001 ph:319-589. EXHIBIT A RIVERSIDE BOWL LEASE NO.4 ~ NORTH '-" LOT 1 LOT 2 LEASE NO. 2 ~~ ~ ~ ~ ~ ~ ~ClII I~ F.., o SO '00 S24.42'~O"E 1.4-0' 52.4"40" Q"E 98,61' WolT!J'l, S~E;; ;"ND C~III1...CE E:.~!.\.IDlT' CURV~ RA.OIUS LC!ljCi'!ii CHORO Crt.BEARINC C-; 9504,9,3' .3~5.1 S' Jol.1.JO' SJs'oS'JO"E; C-~ gS04.9J' 1....0. l.~O' S2~-~2'~O.'C CITy'o.r DUBU so Wee! \:11" 51 OUbUOl ,..-., EXHIBIT NeE: OF, I ,)1'1':-1 R' CITT OF t:JBUOlJE I s::~!:::" :-;!...s: RIVR51DE "'-~, .~C-15-2000 09:02 . ,,-.... .:.-, r. NORMAN GILLOON WRIGHT H~M ,,)1."':' ;;;);:;)0 r ILlU I' ...-...-- PreOCll"ld By:llll City of Dubuque SO Wed \3th St,...t Dubuque. Iowa 52001 "h:319-5B9' EXHIBIT A RIVERSIDE BOWL LEASE NO.4 ~ NORTH i I I I I i I I ! 2 LOT 2 LEASE NO. 2 ~UI. '" ,.., o 50 100 ~~ ~ ~ ~ ~ 524642'4-0"E 1.40' LOT 1 S24.40'10"E 98.61' \~41'E(. S!:WER ~ND Oit\.;N.>.CE eASOoIENT CU~~ RADIUS 1.f:!IIGTH CHORO ai.BEARING c-: 9S~.93' 3.15,\ S' J"J.JO' SJS'OS'JO"E c-z 9S~.9J' 1.60' 1..0' SN-.2'.O"[ CITy'o.r DUBUQ so Wut , .3lh SI Oubuaue, Pol.C:~ OF'. rl_~. 9 Page 1 of2 Jeanne Schneider From: To: Cc: Sent: Subject: "Arthur Gilloon" <agilloon@dbqlaw.com> <jschneid@cityofdubuque.org> "Mike Schmidf' <mschmidt@bowlingbeyond.com> Tuesday, April 19, 2005 2:20 PM Bowling & Beyond Dubuque, Inc. Lease No, #4 Dear Jeanne- Please put the matter of Bowling & Beyond's lease NO.4 on the City Council's agenda for the May 2,2005 meeting. I would like to address the Council at that time and ask the Council to approve a lease amount for the area being used for volleyball. I am also including at the bottom of this letter the emaill sent to the Council last nite so you can include it in the materials that are supplied to the Council members in their packets for the meeting on the 2nd. Please let me know if you need anything else in order for us to be on the formal agenda on the 2nd of May. Thanks. Arthur F. Gilloon Attorney for Bowling & Beyond Dubuque, Inc. MESSAGE BELOW WAS SENT TO COUNCIL BY EMAIL ON APRIL 18TH, 2005 Honorable Mayor and Council Mernbers- Our office represents Bowling & Beyond Dubuque. Inc.dba Riverside Bowl, which has leased a 91' X 300' volleyball area behind the bowling alley and parking lot at 1860 Hawthorne St. from the City since 1999. The lease ( which converted to a year by year lease on 6/30/02) expired on 6/30/04, and through inadvertence, the $5,200 billing from the City to my client for 2004-2005 lease term was not paid. Bowling & Beyond received a lease termination notice which led to discussions about renewing the lease. Although the City Manager's office has graciously consented to discuss renewing the lease, the parties have been unable to agree with the City Manager's office on an acceptable rent for this volleyball area. TH.{; VOLLEYBALl,~REA IS OF.NQJ.JSE TO THEJ';I:a~OF DUBUQUE ANPHAS NO OTHER REVENUE GENERATING POTENTIAL. However, the City Manager proposes to charge Bowling & Beyond a new lease amount of $9,732 per year. This rental rate is a 90% increase over the prior rent. The increase has no relation to market value, particularly for a piece of land no good to anyone else. If a fair rent figure cannot be reached, the volleyball area will be moved to another area currently rented by my client, and the City will lose at least $5,200 per year in rental income. The above facts are a brief overview of the current status of the lease, and not meant to include all events and discussions that have occurred to date regarding the lease issues. We want to make the Council aware of this situation so that, while we realize no formal action can be taken at tonighfs meeting, the Council may give some indication regarding how they want the parties to 4/19/2005 Page 2 of2 proceed, and whether the volleyball area can continue to be a revenue generating item for the City of Dubuque at a fair price. I apologize for the short notice on this matter, but the parties were continuing to talk until we reached a definite irnpasse this morning. The undersigned respectfully requests that he be allowed a few moments to speak at tonight's meeting during the "Public Inpuf' session at the conclusion of the formal agenda. Thank you. Arthur F. Gilloon NOTE: This e-mail may contain confidential or privileged information. If you are not the intended recipient, please advise me by return e-mail that you have received this message in error. Please also then erase this e- mail without reading it or sending it to anyone else. Thank you. Arthur F. Gilloon Norman, Gilloon, Wright & Hamel, P.C. 800 Main Street P.O. Box 857 Dubuque, IA 52004-0857 Phone: 563.556.6433 Fax: 563.556.7706 E-Mail: 4/19/2005 Message Page 1 of2 5P Arthur Gilloon From: Arthur Gilloon [agilloon@dbqlaw.com] Sent: Monday, April 18, 20056:10 PM To: 'rbuol1 @mchsLcom'; 'amichalski@cityofdubuque.org'; 'dnicholson@cityofdubuque.org'; 'jmarkham@cornerenergy.com'; 'jconnors63@mchsi.com'; 'pcline@cityofdubuque.org'; 'jschneid@cityofdubuque.org'; 'ctymgr@cityofdubuque.org' Cc: Barry Lindahl (balesq@cityofdubuque.org); Mike Vanmilligen (ctymgr@cityofdubuque.org); Mike Schmidt (mschmidt@bowlingbeyond.com) Subject: Bowling and Beyond lease No.4 of Volleyball area Honorable Mayor and Council Members- Our office represents Bowling & Beyond Dubuque, Inc.dba Riverside Bowl, which has leased a 91' X 300' volleyball area behind the bowling alley and parking lot at 1860 Hawthorne St. from the City since 1999. The lease ( which converted to a year by year lease on 6/30/02) expired on 6/30/04, and through inadvertence, the $5,200 billing from the City to my client for 2004-2005 lease term was not paid. Bowling & Beyond received a lease termination notice which led to discussions about renewing the lease. Although the City Manager's office has graciously consented to discuss renewing the lease, the parties have been unable to agree with the City Manager's office on an acceptable rent for this volleyball area. THE VOLLEYBALL AREA IS OF NO USE TO THE CITY OF DUBUQUE AND HAS NO OTHER REVENUE GENERATING POTENTIAL. However, the City Manager proposes to charge Bowling & Beyond a new lease amount of $9,732 per year. This rental rate is a 90% increase over the prior rent. The increase has no relation to market value, particularly for a piece of land no good to anyone else. If a fair rent figure cannot be reached, the volleyball area will be moved to another area currently rented by my client, and the City will lose at least $5,200 per year in rental income. The above facts are a brief overview of the current status of the lease, and not meant to include all events and discussions that have occurred to date regarding the lease issues. We want to make the Council aware of this situation so that, while we realize no formal action can be taken at tonight's meeting, the Council may give some indication regarding how they want the parties to proceed, and whether the volleyball area can continue to be a revenue generating item for the City of Dubuque at a fair price. I apologize for the short notice on this matter, but the parties were continuing to talk until we reached a definite impasse this morning. The undersigned respectfully requests that he be allowed a few moments to speak at tonight's meeting during the "Public Input" session at the conclusion of the formal agenda. Thank you. Arthur F. Gilloon ., ~~ This Leue Ag,..."ent made and Interect inM this ,l' day of \)wlulrl , 20j,lQ, by and between the Chy ~f Dubu~ue, Iowa, I munlci~al eall'Clrltion af Iowa, hereinafter called .. Lessor., and Riverside aowl. Inc., 8" Iowa busin... corpor~tion, her.instte, caned "Lessee" . LEASE AQRElMENT i" ._~.... -t"' l 1. Lesse. herebv leases to Lessee the fallowing d~sc'ibed real estate situated in the City of Oubuque. Dubuque CountY'. Iowa. hereinafter referred to as the "lelled Pr.mises". upon the trms and con~1tions set fonh herein, ta-wit: Property identified on mached Exhibit A., dated 3.15-96, as "Riverside !lowl Lease Na. 4" at 'the northwest corner af Hawthorne and Harbor Streets 2. TEAM. The term of this Lea.. shall be fram the ,'1 dav of Julv, 1999, until midnight on the 3011I day of June, 2002. 3. RENTAL Lusee shall pay annuallv IS rental the sum of five thousand twa hundred daUars 1$5,200.00), at the Office of the City Treasur.r, at the time of the execution of rhis Le..e Agreement. and on the 1 st cf.y of JulV in elch vaar 01 this I.ease. 4. TAXES. Leue. Igr... 10 paV .11 general U1xes that mav be levied against tn. leastel Premises and allsae"eral taxes levied or alselled against improvements placed upon ~h. Leased Premises bv or on blhalf of the LesSH. 5. fENCE. Leslee shall instill at fll expense In B foot high chain link fenGe IS shawn an Exhibit A. The fence shall be I minimum distance of 10 feet from the landward toe of the levy. 6. IMPROVEMENT.5. All improvements made bv leI see to the leased Premises and all structures situated thereon shall be erected, built and maintained in strict conformity with I" applicable tld.rat. state or municipal statutes, ordinances and regulation5. No. struC'tural impro".ments shall be mad. without the prior writtln approval of tne tessor. lessee shall k..p the Leased Premises and any stl\lctures thereon in a neat and orderly condition at all time5 and in a condition of repair and shall conform with all federal. state and municipl' regulations in regard to the use at the Leased Premises, and the operation of the busin.. conducted thereon. Upon the termin.non of this Lease for any cause whatsoevlr. lessee shall have the privilege, during the ~.r1od of 11'1irty (30) days fhereafter to remove any and all improvements made bv lessee to the Leased Premises, pravided the same .re free at landlord's liens. or ather lien rights In Lessar. In the event of such remo".', the L.eased Premises shall be restored to 5ua,tantiaUy the same condition .s it was at the commencement of the initial term 0' the Leise. Failure to remove any s\.Ich improvement. or other property of l.essee within such three C3) month period shaJl constitute an abandonment thereof Llntess tne parties hereto otherwise. agree in writing. LaMe shall reimburse Leasar far the ectue) expense of removing any such abandorted property. Less... shaU havef.re. access at aJl1imes during the aforesaid thirty (301. day periOd to remove from the Leased Premise. its improvements. .7. QUIET ENJOYMENT. llllsar agrees and covenants that Lessee 01"1 paymmt 01 the rent and performing the covenan~s and conditions l1erein contained. shall and may c:uucefully ."d quietly h.ve. hold end ."jav th. L.8S.d pitremises for tne 1erm hereof. , " ., .. 8. EASEMENT,. Less.. acknowledg.. the existence of I 16' wid. Corp of Engineers easement for the City's flDOdwlU protection levy and a 20' wide watermaln euemenl across the Leased Premisas as shown on Exhibit A, and Lessee agrees to allow access to Lessor tar the purposes consistent with these easements. ,. 9. 'N~URANCE. Lessee shall procure and maintain insurance set forth in the attached Insurance Schedule. 10. INDEMNITY. Lessee shall ~nc:lemnifv and "old harmless Lessor from and against III claims. damages, losies Ind ex~ensel. Including Ittomey tees. ariSing out at the lease of the prope"v. provided th.1 such claim, damag8sIals or expenae, is caused In whole or in part by the negligent act Dr emission of the Lesse.. Lessee's agents, contractors, customers, or eml3/ayees. ,,~ DEFAULT. If Lessee shall make defauk in the payment of the Tental hereunder. or any part thereof, Dr Ihllt make dafault in the performance of any of the Dther covenants herein contained. and such default shall caminue far a period of thirty (30) days a11er written notice thereof. !pecifying the default complained of, mailed ta Lessee at Its address In the City af Dubuque. Iowa. by regular United StatH mall, or II suer. ather address as Lessee may from time tc) time specify in writing. then it shall b.llwful for Lessor, at its eJection, to declare the term of this le.se endld Ind to e.~el end remove1.essee, Dr any person. or persons. in or UPO" the same, usi"9 s~ch force as may be necessary under lne circumstanc:es. Loess.. hereby cavanlJnts and agrees to surrender and deliver up the le.sed Premises peaceablv to the Lessor. '2. USE OF LEASED PREMISES. The leased premises shalt be used solely for the purpose of v.ollevball courts. 13. ASSIGNABIU'LY. Less.. mlY not aseign or sublett the premises or any portion thereof without first securing the written prior consent of Lessor, Which consent shall not be unressonably withheld. Merger of ~essle with some Clther carporatlan, or sale af the majority at the Itock at Leuee to any oth., corporalian. al' consolidation. shalt be deemed an assignment or sublea.. fol' the purJto... of thl. IBctian. IN WITNESS WHEREOF, the lilrtiH have caused the due executiCln of this L.ease Agreement. In duplicate, on Ihll ... day of QUI"." . 2000. ::~o:zm~~ ~icnlal C. Van Milligen City Manager RIVERS,!.QJ: BO~ INC. Bv: ././?"..?i ~... Timothy M. Martin Vice Pre~ddent. Riverside Bewl, Inc. ~'S~ O.e.'~c..I''1 0,.. Address Dv~"'" ( :t,q ~l{Jul - .. -... INSURANCE SCHEDULE 1. .\ny policy of insurance or certificate of insurance required hlreunder shall be with a carrier autl'\orind to do husiness in Iowa and a carrier thlt has received a rating of A or better in the cyrrent Best's Ratins QuId.. 2. Any policy of insurance required hereunder shall provide for a thiny-day notice to the CItY at Bny mata,Ial change or cancellation of the policy prior to its' expiration date. 3. Contractor shall have its insurance agent or company certi~ in writing 'that any policy 01 insurance required herein with In aggregate limi, of lIabill'tY has nat be.n reduced by paid or reserved claims at the time 01 issuance of policy or certIficate. Comractor shall furnish copies of the tallowlng polleies 'to tl'\e City, wi'th limits not less than the following, or greater if required by law. and ahaU also furnish certificates 01 Insurance trom illI independent contractors or subcontractors hired by Contractor or Iny Independent coftuaC!or or subcantractor hired by the independent contractor or l\.lbcontrilctor. which certificates shall provide evidence of coverage for limit.! net less tt'la" the following. ar greate, if reqUired by law: 4. WORKERS COMPENSATIDN: Coverage A: Coverage 8: StatUtory State a1 (awiI Employ.rs' Liability .100.000 uch accldenr S, 00,000 elch emplov.e by disease $500,000 policy limit bv disease AUTOMOBILE UABILlTV: Badily Injurv and Property Damage limit of liability af $1,000,000 combined single Iim;t or equivalent. COMMERCIAL GENERA1 LIABILITY: General Aggregate Umit Products-Completad Op.ratian Aggregate Limir $ PenOM' and Advertising Injury Limit Eaen Occurrence Limit . Fir. Damage Umit tany one occurrence) Medical Payments (Umbrella LiabilitY Insunlnee may be substituted for above 'limits.) S2.000.000 $ 1 ,000.000 $' ,000.000 s, .000,000 . 50,000 a 6.000 OR Combined Single Limit Medical Payments [Umbrella Liability Insuran!:. may be substituted for ..bove limits.) $2.000,000 $ 5,000 Coveras_ i. ro inctude: Dccurren~. form. premi.../operationS/productsJ cClmple'Eed operations coverage, independent contractors' cClverage. contractual Iiabilit~. broad form prapeny damage. personal injury. City of DubLlque named as an additional insured with 30 day. written notice af Change or cancellation. .~C-i5-2e00 09:02 , ",-... ,;,-..... r', NORMAN GILLOON WRIGHT HRM ~'.L"=' :;J;;;;)C r I.:..IU ,. ..... -- Pr'DCl,..d By:Th. CIty of DubuQu. SO We'" 13th St,...t Dub\JQu.. Iowa 52001 r;lh~J19-5B9' EXHIBIT A RIVERSIDE BOWL LEASE NO.4 ~ NORTH LOT 2 lEASE NO. 2 ~UI. I" JIleu o 50 100 ~~ ~ ~ ~ ~ 2 S24.42'~a"E 1.40' LOT 1 S2.4-4C'10"E 98.61' W4~, SEWER AND OilAl:llACE ~o..ENT eu~r RAOIUS ~E~GTH CHCRO Oi.BEARINC C-l 9:l04,9,)' 3.&5.' S' J~3.30' SJS.OS'JO"E c-:; 954.9J' 1..0' 1."0' SZ'-A2'&O"t CITY 'OF DUBUQ so wu, , Jlk 51 Cubuaue. NeE OF'. I OWN . CITY OF' t::..r8UOUE I$':~H~ .,L~: RrvRSICE r'_~. S