Loading...
HomeMy WebLinkAbout1993-039-03/16/1993-FARM LEASE GREG WALKER HARRISON RESOURCE CORPORATION WASTEWATER TREATMENT PLAN RESOLUTION 93-39 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE CITY TO ENTER INTO A FARM LEASE AGREEMENT WITH GREG S. WALKER WHEREAS, on June 5, 1990, the Council of the City of Fort Collins adopted Resolution 90-74 authorizing the purchase of land for a proposed future regional wastewater treatment plant; and WHEREAS, such land is not currently used as part of the City's water system; and WHEREAS, on March 19, 1991, the Council adopted Resolution 91-48, authorizing the City to enter into a farm Lease Agreement with Greg S. Walker for a two-year period; and WHEREAS, the City has received an offer from Mr. Walker to lease approximately 73 acres of said land from the City for an additional term of one (1) year, with the option to renew the lease thereafter for another year, at an annual lease rate of Four Thousand Dollars (f4000) ; and WHEREAS, the City and Mr. Walker have negotiated and entered into a Lease Agreement which includes said terms and conditions and which is contingent upon Harrison Resource Corporation not exercising the first right of refusal it has to lease the property and further contingent upon City Council 's approval of the Lease Agreement on or before March 16, 1993; and WHEREAS, Harrison Resource Corporation has elected not to exercise its first right of refusal to lease the property; and WHEREAS, Section 23-114 of the City Code authorizes the Council to lease, for a definite term of two (2) years or less, any and all interests in real property owned in the name of the City, provided that the Council first finds by resolution that the lease is in the best interests of the City. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that: Section 1. The City Council finds that leasing the property to Greg Walker is in the best interests of the City. Section 2. That the Lease Agreement and its terms are hereby approved. Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this 16th day of March, A.D. , 1993. T ayor ATTEST: City Clerk