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HomeMy WebLinkAbout1953 01_Lease Agreement_1953.04.13RESOLUTION The board of Trustees of the Town of Owasso, Oklahoma met in regular session at the Town Hall on this 13th Day of April, 1953, a quorum being present. There came up for consideration the matter of obtaining a lease to the premises upon which the Sewer Treatment Plant is located and Mr. j. Ray Smith, the owner of said prmises, offered to execute to the Town of Owasso a lease upon said premises for a period of ten (10) Years and give the Town an option to renew said lease for an additional term of ten (10) years at a reasonable rental value to be agreed upon at that time in exchange for a Quit-Claim Deed to lot seven (7), Block Twenty-Two (22) of the original Town of Owasso, WHEREAS, the Board of Trustees finds that it is for the best interest of the public that said proposition be accepted and that said lot be convayed and exchanged for said lease. IT IS THEREFORE, HEREBY RESOLVED by the Boad of Trustees of the Town of Owasso that the proposition of J. Ray Smith hereinbefore set forth be accepted and the officers are authorized to to mr. J. Ray Smith a quit=Claim Deed to lot seven (7), block twenty-two (22) of the original Town of owasso in exchange for a lease upon the premises occupied by the sewer treating plant for a term of ten years with the option to ......set forth in this resolution adopted this 13th day of april, 1953. The Town of Owasso, Oklahoma President of the board of Trustees Town Clerk