Res 220-88 11/1/1988RESOLUTION NO.
RESOLUTION AUTHORIZING THE CITY MANAGER
TO ACCEPT EXERCISE OF OPTION BY COMMUNITY
ACTION CORPORATION TO RENEW LEASE, AS
AMENDED, AT 602 BROAD FOR SECOND RENEWAL
PERIOD
WHEREAS, the City of Wichita Falls and Community Action
Corporation of Wichita Falls and the North Texas Area entered
into a lease agreement on December 1, 1986, for a period of
twelve (12) months; and,
WHEREAS, said lease provides for four renewal periods of
twelve (12) months each for the consideration stated therein;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WICHITA FALLS, TEXAS, THAT:
The City Manager is hereby authorized to accept the exercise
of option by Community Action Corporation to renew its lease
agreement of the property, as amended, at 602 Broad for the
Second Renewal Period for a term beginning December 1, 1988, and
ending November 30, 1989, for the consideration stated therein.
PASSED AND APPROVED this the 1st day of November, 1988.
ATTEST:
City Clerk