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HomeMy WebLinkAbout2012-157RESOLUTION NO. 2012-157 APPROVAL OF INCREASE TO RAILROAD LEASE PAYMENT WHEREAS, the City of Stillwater assumed the Railroad's interest in a lease with St. Croix Boat and Packet in 2012 was $8,239.85; and WHEREAS, staff recommends a 1% increase for 2013 for a total of $8,322.25. THEREFORE BE IT RESOLVED by the City Council of Stillwater, MN that the I% increase of the Lease payment, in the amount of $8,322.25 on the Railroad Lease between the City of Stillwater and St. Croix Boat & Packet on file with the City Clerk, is hereby approved. Adopted by the Stillwater City Council this 2nd day of Ortnher 7012. ATTEST: IOLA, Q U/, Diane F. Ward, City Clerk