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HomeMy WebLinkAboutRES 74 146R - '7c� —, q-6 RE'S' 01U'T I' ON WHEREAS, the Beaumont Independent School District has sold bonds for the construction of a new stadium facility for the Dis- trict; and, WHEREAS, the Board of Trustees of the'Beaumont Independent School District and the City Council of the City of Beaumont have agreed that an appropriate site for said stadium facility is a tract of land containing fifteen (15) acres more or less, said tract of land being owned by the City of Beaumont and comprising the north portion of the Multimax Site; and, WHEREAS, the Board of Trustees of the Beaumont Independent School District have agreed to convey the Bethune School site, the Pipkin School site, and the Pennsylvania School site to the City of Beaumont in exchange for said tract; and, WHEREAS, the City Council has agreed to lease back the Bethune School site to the Beaumont Independent School District for a term not to exceed fifteen (15) years at a.nominal annual rental; NOW, THEREFORE, BE IT RESOLVED BY.THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the City Manager and the City Attorney are authorized and directed to negotiate an agreement for the transfer and exchange of properties as outlined above with the Beaumont Independent School District and to submit the proposed agreement to the City Council as soon as possible. PASSED BY THE CITY COUNCIL of the City of Beaumont this the cP y4 day of , 1974.