HomeMy WebLinkAbout1968-062-09/05/1968-APPROVING AN AGREEMENT TO BE ENTERED INTO WITH PAUL J KANE RESOLUTION
OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING AN
AGREEMENT TO BE ENTERED INTO WITH PAUL J KANE
WHEREAS, heretofore, Paul J Kane has sold to the City thirty-four
(34) 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 Paul J Kane until January 1, 1968, and thereafter
for a further period of seven (7) years and thereafter on a year-to-year basis
until the City determines in its sole discretion that it no longer has said
water to lease, with the rental for said lease to be the assessments on said
shares 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 agreement on behalf of the City
of Fort Collins
Passed and adopted at a regular meeting of the City Council held this
51 day of September, A D 1968
4�6_"�� le.
Mayor
ATTEST
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City Cledrk