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HomeMy WebLinkAboutResolution - 236 - Accept Rate Increase - ATSFRC - Water Wells & Pump Houses Annual Rentals - 08/09/1979WF:mw RESO #236 - 8/9/79 RESOLUTION -1 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: (3 THAT the Mayor of the City of Lubbock is hereby authorized and directed to execute for and on behalf of the City of Lubbock an acceptance of a raise from $12.00 annual rental to $25.00 annual rental for water wells and pump houses effective as to Contract PSF1137 on February 1, 1980, and as to Contract PSF12020 on October 15, 1979, as per copy of letter of request from the Atchison, Topeka, and Santa Fe Railway Company annexed hereto and to be so executed by the Mayor. Passed this 9th day of August 1979. ATTEST: Evelyn Mfg ;--Citye e ry-Treasurer APPROVED AS TO FORM: J. Wo Fullingim, Asst. City Attor,60 APPRO ED AS TO CONTENT: el tson, City Engineer D WEST, MAYOR SantJIFFe IN � The Atchison, Topeka and Santa Fe Railway Company A Santa Fe Industries Company 900 Polk Street, Amarillo, Texas 79171 • Telephone 806/376-5131 July 209 1979 Filet -E=39885 City of Lubbock Mater & Electric.Business Office 916 Texas Lubbock, Texas Dear Sirs We are presently leasing several snail areas of land to the City as sites for water wells and peep houses under the.terms Of Contracts PSF-►11137 and 12020, dated. February 199-1947 and:Oct- ober 15, 1948, respectively, at Lubbock. Both leases have been carried for more than thirty years under miaiamm lease rental of $12.00 each -per year in effect at the time the leases were executed. Recently we adopted a minimum, nominal .rental of $25.00 per year on the entire Santa Fe systea. While this will double the rental under' these .leases, I aa�sure you will appreciate the necessity for the increase. Will you please acknowledge acceptance of this annual.rental figure on the duplicate copy of this letter and -return it to me. Such rentals will be effective as of February 19 1980 and October 15, 19799 s`espectivelye Yours very truly, B. -C. Lancaster Asst. to General Manager This will.acicaavledge receipt and understanding. CITY OF LUBE By ✓ Its..... ....pa ...............