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HomeMy WebLinkAboutRES 06.11.1957- San Gabriel Park LeaseRESOLUTION 'KHEREAS, the Clay of Georgetown, Teras $ acting; by and through the City Council of said City desires to lease a part of San Gabriel Park in said City to T lutual Lumber Company and Georgetown Independent School District, ' such a tract of land to be used for the purpose of conducting athletic events; and Vff2REL S, said. Mutua-1 Lumber Company is to construct and erect an. athletic stadium on said leased premises in order that the aforesaid purposes of such lease may be carried .A4D.l VVII-EITUR .S, Georgetown Independent School District desires to enter into said lease agreement, which agreement will be for an aggregate term of twenty five years, beginning on •the lst day of dune, 1957, and en.di ng on this 31st day, of 'May, l.9 2, in order that said school, district may obtain the benefit and use of said athletic stadium and the desired benefits and uses of and from the erection of said stadium and the purposes for which said premises are being leased;. NMI, THEREFORE, BE i1 RESOLVED, by the Board of Trustees of Georgetown Independent School District, at a called meeting of said board, on this the Kith day of June, 19576 a quorum beim, present, that the aforementioned lease agreement and contract between. -the said City of eorgetcrurn and x{utual :Lumber Company and Georgetovm Independent School District be approved and authorized. E IT FURT"T R RESOLVED by said Board of Trustees that the president of said board, C. S. Sanders, and the Secretary thereof, C. A. Forbes, be, and they are hereby, authorized and directed to execute said lease agreement and contact, a copy of which said proposed contract is to be filed and made a part of the minutes of this Board for a more complete description of same and for all other pertinent purposes.