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HomeMy WebLinkAboutRES 16-198RESOLUTION NO. 16-198 WHEREAS, on February 2, 2016, the Beaumont City Council adopted Resolution No. 16-015 authorizing the City Manager to execute a Lease Agreement between the City of Beaumont and Beaumont Yacht Club, Inc. for a monthly lease payment of $2,500.00; and, WHEREAS, the City has been in negotiations for the sale of the marina facilities and it has become necessary that the management arrangement and Lease Agreement executed on February 3, 2016, be terminated; and, WHEREAS, the Council is of the opinion that it is in the best interest of the citizens of the City of Beaumont to terminate the Lease Agreement with Beaumont Yacht Club, Inc.; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the statements and findings set out in the preamble to this resolution are hereby, in all things, approved and adopted; and, THAT the Lease Agreement with Beaumont Yacht Club, Inc., for marina facilities is hereby terminated. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 11th day of October, 2016. tz•�u \ w- yor Becky Ames - 1