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Res 043-94 4/5/1994RESOLUTION NO. 4-B-- 94 RESOLUTION TO AWARD BID FOR GRAZING LEASE AT LAKE KICKAPOO TO HARDLY ABLE CATTLE COMPANY, INC. FOR THE NORTHSIDE LEASE WHEREAS, the City has certain properties surrounding Lake Kickapoo which historically have been leased to the highest bidder for grazing purposes; WHEREAS, the current lease on the northside of Lake Kickapoo will expire on April 30, 1994 ; WHEREAS, the City advertised for bids for new leases on the northside of Lake Kickapoo; and, WHEREAS, the Council has determined the highest bidder for the northside lease to be the Hardly Able Cattle Company, Inc . NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The Hardly Able Cattle Company, Inc . is hereby awarded the lease for the northside of Lake Kickapoo, a total of 1, 332 . 23 acres at an amount of $10 . 69 per acre/per year, an annual amount of $14, 241 . 54 . In addition, the City accepts the bid of the Hardly Able Cattle Company, Inc . to install certain improvements with an estimated value of $0 . 19 per acre/per year. The City Manager is authorized to execute a lease with the Hardly Able Cattle Company, Inc . for purposes stated. PASSED AND APPROVED THIS THE 5th day of April, 1994 . M A Y O R O' 401111111 ATTEST: 1 ^ IT CLERK