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HomeMy WebLinkAboutPR 18918: 60 DAY EXTENSION TO THE LEASE WITH THE PORT ARTHUR YACHT CLUB P. R. NO. 18918 03/24/15 gt RESOLUTION NO. A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE A SIXTY (60) DAY EXTENSION TO THE LEASE BETWEEN THE CITY OF PORT ARTHUR AND THE PORT ARTHUR YACHT CLUB 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 was set to expire on July 8, 2014; and WHEREAS, per Resolution No. 14-452, the City Council approved a three (3) month extension until December 31, 2014; and WHEREAS, per Resolution No. 14-630, the City Council approved an extension until March 31, 2015; and WHEREAS, material and substantial changes to the improvements made to Pleasure Island Marina have occurred during the 40-year period; and WHEREAS, it is necessary to extend the lease for a period of sixty (60) days. 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. Section 2. That City Council hereby authorizes the City Manager to maintain the current tenancy by the Port Arthur Yacht Club until May 31, 2015. Section 3. That an authorized agent of the Port Arthur Yacht Club will sign this resolution agreeing to the terms. Section 4. That a copy of the caption of this Resolution shall be spread upon the Minutes of the City Council. P. R. NO. 18763 12/2/14 jrd Page 2 of 2 READ, ADOPTED, AND APPROVED, this day of March 2015, 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 APPROVED AS TO FORM: r City Attorney\(-a_,e jiZi.t1/‘-- D APPROVED FOR ADMINISTRATION: Brian McDougal Jimmy R. Dike, City Manager Pleasure Island Director Purchasing Manager AGREED TO: PORT ARTHUR YACHT CLUB By: Print Name: Title: