HomeMy WebLinkAboutResolution - 032251C - Rail Lines Lease - Forth Worth & Denver South Plains Railway Company - 03_22_1951 RESOLUTION
034mt;
- e^ WHEREAS, the officials of the Fort Worth & Denver South Plains Railway
,V Company and its lessee have assured the City Commission that rail service will
be maintained between Kittalou and the Lubbock Municipal Airport, and.the City,
by an instrument of transfer from the United States of America, was conveyed
certain property including rail lines situated on property belonging to the City,
and the Railway Company desires, in connection with maintenance of such rail
service, to lease the rail lines belonging to the City of Lubbock, and,
WHEREAS, the City Commission has determined that the leasing of this
track facility will materially assist in the development, improvement, opera-
tion and maintenance of the Lubbock Municipal Airport, THEREFORE,
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK:
THAT the Mayor be, and he is hereby authorized to execute a lease to
the above mentioned Railway Company for a period of fort"`" =(40 ) years
in consideration of the maintenance of such service above mentioned, and sub-
ject to all conditions pertinent to the instrument of transfer dated January 4,
1949, recorded in the Deed Records of Lubbock County, Texas, Volume 383,
-page-144, -also.-subject_to.approval_of Civil Aeronatzti4ts Administration.
On motion of Commissioner Morris , seconded by
Commissioner Thomas , the foregoing Resolution was unani-
mously passed this 22d day of March, 1951.
Mayor
ATTEST:
ity Secret ry