Explanation
BACKGROUND: The Columbus Zoological Park Association (“Zoo”) leases land from the City and Franklin County Board of Commissioners (“Commissioners”) to operate the Columbus Zoo. Under the Lease, the Zoo may sublease portions of the property with the City and County’s consent. The Zoo entered into a sublease agreement with Zoombezi Bay LLC, an Ohio limited liability company (“Zoombezi Bay”), on January 1, 2008, for a portion of the land to operate the Zoombezi Bay Water Park. The Zoo and Zoombezi Bay (“Parties”) have agreed to amend the existing sublease. The Recreation and Parks Department has reviewed the proposed Amendment to Sublease Agreement and has no objection.
FISCAL IMPACT: Not applicable.
CONTRACT COMPLIANCE: Not applicable.
EMERGENCY JUSTIFICATION: Emergency action is requested in order to immediately execute the necessary documents to amend the sublease so the parties may begin operating under the amended terms as soon as possible, which will preserve the public peace, health, property, safety, and welfare.
Title
To authorize the Director of the Recreation and Parks Department to execute those documents necessary to consent to the Amendment to existing Sublease Agreement between The Columbus Zoological Park Association and Zoombezi Bay LLC; and to declare an emergency. ($0.00)
Body
WHEREAS, under the existing lease between the City, the Franklin County Board of Commissioners (“Commissioners”), and The Columbus Zoological Park Association (“Zoo”), the Zoo may sublease and amend subleased portions of the property with the City and County’s consent, which may not be unreasonably withheld; and
WHEREAS, the Zoo has an existing sublease agreement for a portion of the land with Zoombezi Bay LLC, an Ohio limited liability company (“Zoombezi Bay”); and
WHEREAS, the Zoo and Zoombezi Bay (“Parties”) have agreed to amend the sublease terms; and
WHEREAS, the Recreation and Parks Department has reviewed the amended sublease between the Parties and...
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