HomeMy WebLinkAboutRES 890148 - Stugart Lease Airport AgmtRESOLUTION NUMBER
A RESOLUTION APPROVING A LEASE AGREEMENT BETWEEN THE
CITY OF GEORGETOWN, TEXAS, AND JAMES W. AND NANCY
LYNN STUGART TO LEASE 5,600 SQUARE FEET (0.129 ACRES)
OF d i LOCATED AT THE GEORGETOWNMUNICIPAL AIRPORT,
GEORGETOWN, i AND AUTHORIZING MAYOR TO
EXECUTE THE SAME AND et TO
WHEREAS, the City of Georgetown, Texas has property available to
be leased at the Georgetown•. Airport: and
WHEREAS, James W. and Nancy Lynn Stugart desire to lease such
property forthe purposes of • • of g for • e
of own personaland
WHEREAS, the Airport Advisory Board has reviewed the terms of
Agreement and recommends the acceptance of these terms - Agree-
ment;
•. .-...
•
WHEREAS, the City desires to lease 5,600 square feet (0.129 acres)
*f property to James W. and Nancy Lvnn Stugartand James W. and Nancy
forthLynn Stugart agree to lease such property under terms and conditions
set Agreement; and
WHEREAS, the City Council has found that this action implements
Facilities and Services Policy I of the Century Plan -- Policy Plan
Element, and is not found to be inconsistent or in conflict with any
other Century Plan Policies as required by Section 2.03 of the Admin-
istrative Chapter of the Policy Plan.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
GEORGETOWN,
That the City Council finds the recitals set forth above are true and
correct and are incorporated herein forpurposes.
•
That the City Council approves the Lease Agreement between the city of
Georgetown and James W. and Nancy Lynn Stugart to lease 5,600 square
feet (0.129 acres) of land at the Georgetown Municipal Airport which
Agreement is attached hereto and incorporated herein, as if fully set
forth at length.
•
That the Mayor is hereby authorized to sign the Agreement and the City
Secretary to Attest.:
PASSED AND APPROVED THIS DAY OF 1989.`
r
r'
i`
'flim Kennedy, Mayo
Leta Willoughby, City Sec etary
111111t,
/
Zane c Bander, city Attorney
M E M 0 R A N D U M
DATE: April 18, 1989
TO: Mayor and City Councilmembers
FROM: Travis McLain, Airport Manager
SUBJECT: Proposed Land Lease to James and Nancy Stugart
On April 17, 1989, the Airport Advisory Board voted to recommend to
the Council that the City lease approximately 5,600 square feet of
Airport property to Mr. and Mrs. Stugart.
The recommended rental rate is $0.07 per square foot per year for
twenty (20) years with a ten (10) year option. The Stugarts desire to
construct an aircraft storage hangar on the premises for the storage
of their own aircraft only.
The Staff recommends that the Council approve the attached Resolution.