HomeMy WebLinkAbout2017-173 (increase to railroad lease payment to St. Croix Boat & Packet) ,
RESOLUTION 2017-173
APPROVAL OF INCREASE TO RAILROAD LEASE PAYMENT TO
ST. CROIX BOAT&PACKET
WHEREAS,the City of Stillwater assumed the Railroad's interest in a lease with St. Croix
Boat and Packet in December 2000,and
WHEREAS,as a part of the lease,St. Croix Boat&Packet pays for the use of the railroad
right of way; and
WHEREAS,the 2017 lease payment was $9,008.49; and
WHEREAS,staff recommends a 2%increase for 2018 for a total of$9,180.66.
THEREFORE BE IT RESOLVED that the City Council of Stillwater,MN hereby approves the
increase for use of the railroad right-of-way as described in the Railroad Lease between the
City of Stillwater and St. Croix Boat&Packet for a total amount of$9,180.66in 2018.
Adopted by the Stillwater City Council this 19th a Se er, 2017. ,
Ted Kozlowski,Mayor
ATTEST:
/a64-1‘44/627/ --
Diane F.Ward, City Clerk