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Res 013-84 2/7/1984RESOLUTION NO. /5—Al RESOLUTION TG APPROVE A LEASE AGREEMENT WITH JANE PENDLETON STEPHENS AND GAY PENDLETON SIMMONS FOR GRAZING LANDS AT LAKE ARROWHEAD WHEREAS, the City of Wichita Falls owns the land under and around Lake Arrowhead out to the 930 foot MSL elevation contour line; and, WHEREAS, the conservation pool of the lake is at the 926 foot MSL elevation contour line; and, WHEREAS, Jane Pendleton Stephens and Gay Pendleton Simmons have leased certain lands amounting to 104.7 acres between the 926 and 930-foot contour lines for several years as grazing land; and, WHEREAS, Jane Pendleton Stephens and Gay Pendleton Simmons desire to continue the lease agreement that expired on December 31, 1983; and, WHEREAS, the specific lands to be leased are fully described in the lease agreement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: T he CityiCt Manager is authorized to execute the lease agreementgg which the Council has examined, after making any changes the Council may direct. PASSED AND APPROVED THIS THE 7TH DAY OF FEBRUARY, 1984. M A 0 R ATTEST: C--t)11.4' x,.1 4 CITY CLERK