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HomeMy WebLinkAboutRES 89 AAA89 AKN R E S O L U T I O N WHEREAS, by lease agreement dated September 23, 1969, the City of Beaumont, as lessor, leased to Lee Sheffield, as lessee, a certain tract of land upon which is located the present Beaumont Municipal Airport; and, WHEREAS, said lease agreement requires lessee to construct twelve (12) new T -hangars on the leased premises, said construction to be financed by a loan obtained by lessee secured by a security interest in the new hangars; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT, TEXAS: That the City Manager be, and he is hereby, authorized to execute on behalf of the City of Beaumont an agreement with Lee Sheffield authorizing Sheffield to finance construction of said additional hangars in accordance with the terms of said lease agreement; and that the City Clerk is authorized to attest to same and to affix the seal of the City of Beaumont thereto. PASSED by the City Council this the a� (/ day of 1971. - Mayor -