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HomeMy WebLinkAbout1980-037-04/01/1980-AUTHORIZING THE CITY TO LEASE CERTAIN CITY OWNED AGRICULTURAL PROPERTY TO LEORY J. SCHNEIDER FOR A P RESOLUTION 80-37 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE CITY TO LEASE CERTAIN CITY OWNED AGRICULTURAL PROPERTY TO LEROY J SCHNEIDER FOR A PERIOD OF ONE YEAR WHEREAS, the City owns and maintains a section of land located at the southwest corner of the intersection of Interstate 25 and Prospect Road, said property being utilized for a sludge farm, and WHEREAS, Leroy J Schneider, the present tenant on said property, has requested permission to continue utilizing a portion of said property for farming purposes, and WHEREAS, insofar as the continued utilization for said property for farming purposes is compatible with the primary utilization of said proper- ty for sludge farm purposes, no detriment will be sustained by the City by virtue of the proposed lease NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows Section 1 That the City flanager be, and he hereby is, authorized and directed to enter into a renewable one-year lease agreement for a total of three hundred twenty (320) acres of property located at the City sludge farm with Leroy J Schneider for an annual consideration of one quarter of the value of any sugar beet crop plus one third of the value of all other crops Section 2 That the term of this lease agreement shall be auto- matically extended for successive one-year terms unless notice of termina- tion is given by either party to the agreement at least thirty (30) days prior to the scheduled expiration date Passed and adopted at a regular meeting of the City ouncil held this 1st day of April A D 98 Mayor AP IT z�'4�Y_A_Laz Ci Cler