Facilities Transfer Clause Samples
The Facilities Transfer clause governs the process by which control, ownership, or use of certain facilities is transferred from one party to another under the agreement. Typically, this clause outlines the conditions, procedures, and any required approvals for transferring facilities, such as buildings, equipment, or infrastructure, between the contracting parties. Its core practical function is to ensure a clear, orderly, and legally compliant transition of facilities, minimizing disputes and operational disruptions during the transfer process.
Facilities Transfer. As a result of flood damage to the Depot Library site in September 2013 as well as some pre-existing conditions that required repair, the Lyons municipal library continues to be operated in a temporary leased facility on Main Street in Lyons. The First IGA contemplated the District moving into the Depot building upon completion of repairs to that building, but, as noted herein, the District decided to construct the Library Building on the New Library Site to better serve future library patrons, and to remain at the Main Street location until the Library Building is complete, while the Town has occupied the Depot building for other municipal purposes.
Facilities Transfer. As a result of flood damage to the Depot Library site in September 2013 as well as some pre-existing conditions that required repair, the Lyons municipal library continues to be operated in a temporary leased facility on Main Street in Lyons. The First IGA contemplated the District moving into the Depot building upon completion of repairs to that building, but, as noted herein, the District has decided to construct a new facility elsewhere in Lyons to better serve future library patrons, and to remain at the Main Street location until a new building is complete.
Facilities Transfer. The Lyons municipal library, at the time of this Agreement, is being operated by the Town in leased facilities at the Main Street site. The temporary library relocation was made necessary by flood-related damage to the building at the Depot site in September 2013 as well as pre-flood conditions that were in need of repair. The Federal Emergency Management Authority ("FEMA") is reimbursing the Town for most of the rent for the Main Street site. Repairs are being funded through a combination of Town insurance and grants obtained by the Town from a number of sources, including the Colorado State Historic Fund, the Colorado Department of Local Affairs, the Longmont Community Foundation and the Lyons Community Foundation. It is not anticipated that the Depot site building will be ready for re-use as a library until late in 2015. In order to (i) allow adequate time for completion of repairs and (ii) allow for continual operation of a library in Lyons, the Town shall continue to lease the Main Street site for so long as FEMA reimbursement is available. The Town agrees to make the Main Street site available to the District for library operations, at no additional charge, beginning July 1, 2015, until the earlier of (i) the completion of repairs to the Depot site and library operations are able to be returned to that site, or (ii) FEMA’s reimbursement program ends. If FEMA reimbursement ends before Depot site repairs are completed and library operations are able to be returned to that site, the District shall assume the cost of renting the Main Street site or such other site as the District may deem appropriate for library operations. The Town, under the Property Availability IGA, has agreed to lease the Depot site to the District for 50 years at $1.00 per year. The effective date of such lease shall be the date library operations are returned to the Depot site. Beginning no later than the forty-ninth (49th) anniversary of the lease effective date the Town and District shall commence good faith negotiations regarding the extension of the lease, termination of the lease, or other matters relating to the continuation of library and resource center services to residents of the Lyons area.
Facilities Transfer. The Lyons municipal library, at the time of this Agreement, is being operated in a leased facility at the Main Street site. The temporary library relocation was made necessary by flood-related damage to the building at the Depot site in September 2013 as well as pre-flood conditions that were in need of repair. Although it was originally intended that the District return operations to the Depot Library when repairs were complete, in order to better serve library patrons the District has chosen to remain on the Main St. location until a new building is complete.
Facilities Transfer. The ▇▇▇▇▇ municipal library, at the time of this Agreement, is being operated in a leased facility at the Main Street site. The temporary library relocation was made necessary by flood-related damage to the building at the Depot site in September 2013 as well as pre-flood conditions that were in need of repair. Although it was originally intended that the District return operations to the Depot Library when repairs were complete, in order to better serve library patrons the District has chosen to remain on the Main St. location until a new building is complete.