HomeMy WebLinkAbout1968-068-09/26/1968-APPROVING AN AGREEMENT TO BE ENTERED INTO WITH BOX ELDER FARMS RESOLUTION ��600
OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING AN
AGREEMENT TO BE ENTERED INTO WITH BOX ELDER FARMS
WHEREAS heretofore, Box Elder Farms has sold to the City fifty (50)
shares of the capital stock of the North Poudre Irrigation Company and
WHEREAS, one condition for said sale was that the City agree to lease
back said water to said Box Elder Farms until January 1, 1969, and thereafter
for a further period of seven (7) years with the rental for said lease to be
the rate charged by the City for such year for the renting of water of the
North Poudre Irrigation Company, which rent shall not be less than the assess-
ments against such water stock for such year, plus the handling fee of the City
and
WHEREAS, an agreement has been prepared by the City Attorney setting
forth this agreement
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the terms and conditions of said agreement be and the same hereby
are approved and
BE IT FURTHER RESOLVED that the Mayor and City Clerk be and they are
hereby authorized and directed to execute said agreemento'on behalf of the City
of Fort Collins
Passed and adopted at a regular meeting of the City Council held this
26*h day of September A D 1968
/ J�P.
May r
ATTEST
My Clefk