HomeMy WebLinkAbout2015-231 (Increase to Railroad Lease Payment)RESOLUTION NO. 2015-231
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 2015 was $8,658.68and
WHEREAS, staff recommends a 2% increase for 2016 for a total of $8,831.85.
THEREFORE BE IT RESOLVED by the City Council of Stillwater, MN that the 2% increase
of the Lease payment, in the amount of $8,831.85 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 151h day of December, 2015.
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Ted Kozlowski, ayor
ATTEST:
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Diane F. Ward, City Clerk