Consider terms for Bury & Carlson's (B&C) request to terminate Lease Agreement.

This issue was considered by the City Council at its February 5, 2013 work session.  The direction of the City Council at that time was to direct staff to negotiate with B&C for terms of an early termination and possible use of B&C resources.
Since February 5, staff has met with B&C on several occassions and an agreement as of this writing appears to have been agreed upon.  Tentative  terms of the Agreement include the following:

1. Termination of lease effective as of July 1, 2013.  A July 1, 2013 termination with notification to the County prior to July 1, 2013 will allow the entire property to be tax exempt effective January 1, 2014.
2. The City will retain at no cost to it the bunker blocks along the north and west sides of the property.
3. The City will retain at no cost to it the bottom two rows of bunker blocks along the east side of the property and will purchase 125 bunker blocks on the east side at $30/block in order to have a more effective barrier/fence on that side of the property.
4. City will purchase from B&C 80 bunker blocks at $30/block in order to level off the North wall.
5. City will purchase from B&C up to 100 tons of the boulders/rocks on the site at $25/ton for its park use etc.
6. City will purchase 500 ton of con-bit (class V) for its road construction purposes at $5.00/ton.  B&C has made an offer to sell its entire 20,000 ton inventory of con-bit to the City.  Our public works department is evaluating that offer.
7. Per the original purchase agreement, the small scale and the tan scale shack building will remain on the site.  The large scale on the site will be removed by B&C.  The City will be responsible for removal of the large scale foundation etc. at an approximate $4,000 city cost.  This is a negotiated agreement in making certain the bunker blocks on the west and east side of the site stay on the site.
8. As of this writing there is still some issue on payment of the rental/property taxes.  

NA 

Based on discussion.