HomeMy WebLinkAbout0486 ResolutionR E S O L U T I O N
The foregoing Assignment of Lease is hereby
consented to by the City of Pasco, Washington, pursuant to
authority granted at a regular meeting of the City Council
of Pasco held June 20, 1961.
Dated this.-,�7Cday of June, 1961.
CITY OF PASCO
US
Attest
/ Its Mayor
AMENDMENT TO LEASE
Reference is made to that certain Lease of Pasco Boat
Basin dated the 18th day of October, 1955 between John B. Owsley,
Lessee, and the City of Pasco, Lessor, a municipal corporation,
acting under and by virtue of the authority granted to it and
under the laws of the State of Washington, hereby amend said
lease as follows:
1. That the primary term as set out in the introduction
of said lease be changed to read "commencing on the 1st day
of June, 1961 and ending on the lst day of July 1973".
2. That paragraph 24 of said lease be changed to read,
"Lessee shall have an option to renew this lease at
the expiration thereof for a period of five years subject
to the conditions herein on the same terms as expressed
in the within instrument, with the exception of the rate
rental, which shall be determined at said time of renewal
between parties; said rental to be a reasonable rental
under the then existing conditions and to be determined
by arbitration".
All other terms and conditions as set out in said Lease
will remain in full force and effect.
CITY OF PASCO, a Municipal Corporation
/s/Raymond Hicks
Mayor
Is Ci ty Clerk
Approved as to form:
John B. Owsley, Lessee
Richard G. Patrick, City Attorney