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Res 169-82 10/5/1982RESOLUTION NO. A --14 RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE A LEASE AGREEMENT WITH THE LAKE ARROWHEAD VOLUNTEER FIRE DEPARTMENT FOR TWO FIRE STATION SITES AT LAKE ARROW- HEAD. WHEREAS, Lake Arrowhead Volunteer Fire Department, a non-profit corporation which provides fire protection and prevention for area residents at Lake Arrowhead, whose only sources of revenue are con- tributions and fund raising efforts of its members, desires to lease two tracts of land at Lake Arrowhead, each tract being 200 feet by 200 feet, with one tract being located on the east side of the lake and the other on the west side of the lake; such Department plans to build a 22 foot by 32 foot metal structure at each location in which to house their equipment, and the remainder of each tract shall be used for parking and future expansion; and, WHEREAS, the Board of Aldermen deem it to be in the public interest to lease such tracts for one dollar per year. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS , TEXAS, THAT: The City Manager is hereby authorized to execute for the City of Wichita Falls a lease on two tracts of land, each 200 feet by 200 feet, to Lake Arrowhead Volunteer Fire Department to be used in the providing of fire protection and prevention for area residents at Lake Arrowhead. One such tract shall front on the south side of West Arrowhead Drive near its intersection with West Arrowhead Lane; the other tract shall front on the south side of East Arrowhead Drive near its intersection with Navaho Trail. The rental for such lease shall be one dollar per year, and the term of such lease shall be 25 years, with an option to renew for an additional 25 years by such Department. Such lease shall contain such other provisions as are deemed appropriate by the City Manager. PASSED AND APPROVED this the 5th day of October, 1982 . M A Y • R ATTEST: City C erk