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GIVEN UNDE11 MY 11AND AND SEAL OF OFFICE this the 11th day of
December A.D. 1967.
Joe B. Mclklaster, Notary Public in and
for Williamson County, Texas
THE STATE OF TEJLIS
COUNTY OF WILLI1 ISON
LEASE AGttl•:EMUNT
Jay L. Wolf of Georgetown, Williamson County, Texas, hereinafter called
"Lessor", for and in consideration of the covenants hereinafter set forth
does hereby lease, demise and let all that cdrtain tract and parcel of land
Qj described on "Exhibit A" attached hereto and made a part hereof for all
�purposes as if copied herein at length, unto the City of Georgetown, Williamson
County, Texas, for a term of ten (10) years, said term commencing January 1,
V 1968, and ending December 31, 1977. Said land shall be used by the City of
Georgetown for the erection and maintenance of certain signs at the will of
said City and for other reasonable uses. The City of Georgetown does hereby
agree that at the termination of this lease that said property shall be clear-
ed of such signs and any other fixtures which may be placed thereon by said
City during the term hereof. The consideration for this lease shall be a sum
of money equivalent to the ad valorem City of Georgetown taxes on that certain
tract and parcel of land described by metes and bounds on "Exhibit 13" which
said exhibit is hereby referred to by reference and incorporated herein as if
the same were set forth herein at length. It is understood and agreed that
should said ad valorem taxes on said property described in Exhibit B be raised
or lowered during the term hereof then the rental due and owing to said
Lessor shall likewise be raised or lowered and that at all times said rental
shall remain exactly equal to the amount of ad valorem City of Georgetown
taxes due and owing on said tract of land described in Exhibit B.
WITNL'SS OUR hands this day of December, 1967.
Jay L. Wolf
THE CITY OF GEORGE7POWN
BY:
Jay C. Sloan, Mayor
ATTEST:
Claud Eads, City Secretary