HomeMy WebLinkAboutResolution - 1278A - Agreement To Terminate Lease - Frontier Theatres Inc - Lot 1 Henry Addition - 12_09_1982RESOLUTION 1278-A - 12/9/82
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RESOLUTION
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the Mayor of the City of Lubbock BE and is hereby authorized and
directed to execute for and on behalf of the City of Lubbock an Agreement to
terminate lease between the City of Lubbock and E. Reuel Nash, attached here-
with which shall be spread upon the minutes of the Council and as spread upon
the minutes of this Council shall constitute and be a part of this Resolution
as if fully copied herein in detail.
Passed by the City Council this 9th day of December ,1982.
` AL N HENRY, M4rrc Tem
ATTEST:
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Evelyn Gaffga, City S cr -Treasurer
APPROVED AS TO CONTENT:
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Robert Massengale, A sistant City Manager
APPROVED AS TO FORM:
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Susan M. Horton, Assistant City Attorney
RESOLUTION 1278-A - 12/9/82
AGREEMENT TO TERMINATE LEASE
V
STATE OF TEXAS $
KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF LUBBOCK 5
WHEREAS, a lease was entered into on the 16th day of July, 1974 between
the City of Lubbock and Frontier Theatres, Inc. wherein certain property was
leased by the City of Lubbock to Frontier Theatres, Inc.; and
WHEREAS, said lease is for a term of 10 years from the 1st day of October,
1973; and
WHEREAS, said lease was subsequently assigned to E. Reuel Nash on the
24th day of September, 1982; and
WHEREAS, the City of Lubbock and E. Reuel Nash desire to terminate said
lease, the parties mutually agree as follows:
The City of Lubbock, Lessor, and E. Reuel Nash, Lessee/Assignee, hereby
agree to terminate the lease dated the 16th day of July, 1974 for a 10 year
term from the 1st day of October, 1973, on a tract or parcel of land described
as Lot 1, Henry Addition to the City of Lubbock, Lubbock County, Texas, save
and except the following described fenced tract, to -wit:
BEGINNING at a point 65 feet North 36 degrees 04' 10" West of the South-
west corner of Lot 1, Henry Addition, as described in Vol. 663, page 117
of the Deed 'Records of Lubbock County, Texas, said corner being a 'Y" rod;
THENCE North 36 degrees 04' 10" West 66 feet to the Northwest corner of
said tract;
THENCE North 53 degrees 53' 40" East along a fence a distance of 53.3
feet to the Northeast corner of said tract;
THENCE South 36 degrees 04' 10" East along a fence a distance of 66.4
feet to the Southeast corner of paid tract;
THENCE South 53 degrees 53' 40" West along a fence a distance of 53.3
feet to the PLACE OF BEGINNING.
Said lease shall be terminated effective January 1, 1983.
EXECUTED this 9th day of December, 1982.
ATTEST:
JZ6.
Evelyn Ga ga, City ec a y-Treasurer
APPROVED AS TO CONTENT:
Robert Massengale,Assistant City Manager
APPROVED AS TO FORM:
Susan M. Horton, Assistant City Attorney
CITY OF LUBBOCK
i
AL N HENRY ayo Pro Tem
E. REUEL NASH