Item 4BItem 4B Approval of a lease agreement for grazing on approximately 4.5 acres of undeveloped park property
Chris Tribble
Proposed Lease Agreement
Proposed lease agreement w/ Mr. & Mrs. William Infeldt
4.5 acres of undeveloped parkland located at Lonesome Dove Ave. and Foxfire Lane (Coker Property)
Tenants accept property in existing condition
2 year agreement to expire July 31, 2010
(includes opportunity to terminate with 60 days written notice
Agreement based on previous lease agreements reviewed by City Attorney
Coker Property
USACOE Land
Foxfire Lane
Proposed Lease Agreement
Cost effective method of maintenance
- No man hours
- No impact to supplies/equipment
- Estimated cost savings of $2,000 annually
Parks Board recommended approval (7-0) at their June 9, 2008 meeting
Questions?
Chris Tribble
(817) 748-8021