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HomeMy WebLinkAboutPR 18393: EXTEND THE LEASE FOR THE YACHT CLUB 3 MONTHS P.R. NO. 18393 06/20/14 SNSh 2 RESOLUTION NO. A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXTEND THE LEASE BETWEEN THE CITY OF PORT ARTHUR AND THE PORT ARTHUR YACHT CLUB 3 MONTHS WHEREAS, a lease agreement was executed on July 8, 1974 between the City of Port Arthur and the Port Arthur Yacht Club; and WHEREAS, an addendum to the lease was executed on April 13, 1989; and WHEREAS, the lease agreement was originally for a term of 40 years and is set to expire on July 8, 2014; and WHEREAS, material and substantial changes to the improvements made to Pleasure Island Marina have occurred during the 40-year period; and WHEREAS, there would be a need to extend the current lease by 3 months to maintain the status quo while the City formulates a direction, institutes a policy, negotiates a new lease taking into account said changes. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: Section 1. That the facts and opinions in the preamble are true and correct . s.pr.18393 Section 2 . That City Council hereby authorizes the City Manager to maintain the current tenancy by the Port Arthur Yacht Club an additional 3 months until October 8, 2014 . Section 3. That a copy of the caption of this Resolution shall be spread upon the Minutes of the City Council. READ, ADOPTED, AND APPROVED, this day of 2014 AD, at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: AYES: Mayor: Councilmembers : NOES: Mayor ATTEST: City Secretary s.pr.18393 APPROVED AS TO FORM: City fttor ,.ey e APPROVED FOR ADMINISTRATION: John A. Comeaux, P.E. , Interim City Manager AGREED TO: PORT ARTHUR YACHT CLUB By: Print Name: Title: s.pr.18393