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Item 4DItem 4D Approve the renewal of lease agreement for grazing on approximately 25 acres of undeveloped City property Chris Tribble Proposed Renewal of Grazing Lease Proposed renewal of lease agreement w/ Mr. Roger Hutton 25 acres of undeveloped City property located at North White Chapel and Dove Road (DPS North Property) Tenant to accept property in existing condition Tenant to maintain fencing necessary to keep livestock confined 2 year agreement to expire February 19, 2010 (includes opportunity to terminate w/ 60 days written notice) Agreement based on previous lease agreements reviewed by City Attorney DPS North Property Proposed Renewal of Grazing Lease Cost effective method of maintenance - No man hours - No impact to supplies/equipment - Estimated cost savings of $15,000 annually Questions? Chris Tribble (817) 748-8021