HomeMy WebLinkAbout2020-098 (increase to Railroad Lease Payment)RESOLUTION 2020-098
APPROVAL 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 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 2020 lease payment was $9,570.28; and
WHEREAS, staff recommends a 1.5% increase for 2021 for a total of $9,713.83.
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 $9,713.83 in
2021.
Adopted by the Stillwater City Council this 10th day of November, 2020.
CITYwE ST�TIIL
Ted Kozlowski, Mayor
ATTEST:
Beth Wolf, Cit Clerk