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