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HomeMy WebLinkAbout1991-083 r r r , 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. W~br~ ATTEST: ~~~ City Clerk _I . II Ii