RES NO 12-04-1977 12- 4 -1g11
RESOLUTION 4 -12 -77
A RESOLUTION AUTHORIZING LEASE NO. 19892 AGREEMENT WITH THE ST LOUIS -SAN
FRANCISCO RAILROAD COMPANY AND A SUB -LEASE WITH THE VAN BUREN CHAMBER OF
COMMERCE OF THE CITY OF VAN BUREN, ARKANSAS.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS
i.A THAT the Mayor is authorized and directed to execute Lease No. 19892
with the St. Louis -San Francisco Railroad Company on behalf of the
City of Van Buren, Arkansas and the City Clerk is authorized and dir-
ected to attest the same and impress the seal of the City of Van Buren,
Arkansas, said Lease to be effective January 1, 1978.
2. THAT the Mayor is authorized and directed to execute Sub -Lease No.
19892 with the Van Buren Chamber of Commerce on behalf of the City
of Van Buren, Arkansas and the City Clerk is authorized and directed
to attest the same and impress the seal of the City of Van Buren, AR.
3. THAT a check be issued in the amount of Twenty Five Hundred Dollars
(52,500.00) to purchase said Depot Building.
4. THAT a check be issued in the amount of One Hundred and Fifty Dollars
($150.00) to pay the first year rental on the real property upon which
the Depot Building stands.
Passed and approved this 12th day of December 1977.
ar
MA IR
'TTY CLERK