HomeMy WebLinkAbout1991-083
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RESOLUTION NO. 91-83
A RESOLUTION APPROVING A LEASE OF
PROPERTY FROM THE BURLINGTON NORTHERN RAILROAD
WHEREAS, negotiations have taken place between the Community
Development Director and Burlington Northern Railroad with regard
to a lease of property needed to augment the City's parking plan
near Mulberry Point and,
WHEREAS, it has been determined that the execution of this
lease would be in the best interest of the citizens of
stillwater, since it would provide needed parking in the Downtown
area and,
WHEREAS, $4,000.00 per annum appears to be a reasonable sum
to pay as annual rent for this lease and,
WHEREAS, a form of lease has been presented to the City and
is attached to this Resolution as Exhibit "A".
NOW THEREFORE BE IT RESOLVED that Lease No. 545488 in the
form attached hereto as Exhibit "A" be and hereby is approved and
the Mayor and City Clerk are authorized to execute this lease and
the Clerk is authorized to disburse this amount, $4,000.00, for
the annual rent applicable thereto.
Adopted by the City Council this 7th day of May, 1991.
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ATTEST:
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City Clerk
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