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HomeMy WebLinkAbout88-80 RESOLUTION-01 RESOLUTION NO. yy---jo A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A LEASE WITH KEN LAZENBY FOR LAND TO BE USED AS PARKING BY THE FAYETTEVILLE POLICE DEPARTMENT. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS. That the Mayor and City Clerk are hereby authorized and directed to execute a lease with Ken Lazenby for land to be used as parking by the Fayetteville Police Department. A copy of the lease authorized for execution hereby is attached hereto marked Exhibit "A" and made a part hereof. PASSED AND APPROVED this lqt_ day of TY CLEi ? APPROVED: 1980. MICROFILMED. CERTIFICATE OF RECORD State of Arkansas ( SS City of Fayetteville I, Bonnie Goering, City Clerk and L': -Officio recorder for the City of Fayetteville., do here- by certify that the annexed or fo.ra"oing is of record in my office and the saine ap- pears in Ordinance & Resolution book at page hand and s • : this Ti NV mess any aZ 77"'- day of 19 �- City Clerk and Ex -Officio Roaxg LEASE AGREEMENT This Agreement executed this day of 1980, by and between Kenneth W. Lazenby and Marjori Lazenby, as Trustees of the Kenneth W. Lazenby revocable Trust and Marjorie Irene Lazenby revocable Trust, hereinafter called Lessors and the City of Fayetteville, Arkansas, hereinafter called Lessee. lop: 7,6K6e.'67rS !-1. In consideration of the mutual covenants contained herein, Lessors and Lessee hereby agree as follows: 1. Lessors hereby lease to Lessee, and Lessee hereby leases from Lessors the following described property: _ --, r A. part of Block Numbered Forty (40) in the Original Plat of the Town (now City) of Fayetteville, described as follows, to -wit: Beginning at the northwest corner of said block, and running, thence East 86 feet to a point in the center of a eight foot alley or driveway; thence South bearing East with the center line of said alley or driveway to a point which is 130 feet South of the North line of said block; thence West 91 feet, more or less, to the West line of said block; thence North 130 feet to the place of beginning. 2. The term of this lease shall be for a period of one (1) year commencing on August 1, 1980, and terminating on July 31, 1981 at 12:00 A.M. 3. Lessee agrees to pay Lessors as rent for the use of the demised premises the sum of $100.00 per month payable in. advance on or before the first day of each month during the term hereof. IN WITNESS..WHEREOF the,.partiesahavewexecuted_this_Lease� on the date first above' written. T'TEST:�" ? -\A - `j S d_ IN -_ - {r yCity C Pik. LESSORS: Kenneth W. Lazenby Revocable Trust & arjorie Irene Lazenby Revocable Trus LESSEE: City of �:ye-teville, ,:q ansas By: r