Res 1597 11/19/1974RESOLUTION NO. 407
RESOLUTION AUTHORIZING THE MODIFICATION
OF GRAZING LEASES ON SOUTH SIDE AND WEST
END OF LAKE KICKAPOO.
WHEREAS, Bill Hoffman holds a grazing lease, containing
549. 62 acres, on the south side of Lake Kickapoo, on which
the annual rental is $3. 51 per acre, which amounts to
1, 929. 17 per year, which lease expires December 31st, 1974;
and,
WHEREAS, Vincent Murphy holds a grazing lease, contain-
ing 972. 68 acres, on the west end of Lake Kickapoo, which has
an annual rental of $2. 11 per acre, which amounts to
2 , 052 . 35 per year (and on which Murphy built approximately
4. 7 miles of fence) , which lease expires April 30th, 1979;
and,
WHEREAS, Vincent Murphy and Bill Hoffman have requested
that these two tracts be combined into one lease, which would
be executed in lieu of the two leases described above, and
the City Council deems it to be in the best interest of the
City to do so.
NOW, THEREFORE , BE IT RESOLVED BY THE BOARD OF ALDERMEN
OF THE CITY OF WICHITA FALLS, TEXAS, THAT:
The City Manager is authorized to execute for the City
of Wichita Falls a grazing lease to Vincent Murphy and Bill
Hoffman, as lessees, covering 1, 424. 39 acres, being all of
the land covered by the two leases described above,save
and except 97 . 91 acres of the Murphy lease which lies north
of the Little Wichita River. The term of the lease shall be
two years and four months, beginning January 1st, 1975 and
ending April 30th, 1977 . The annual rental on said lease
shall be $3. 51 per acre. Such lease shall be on a form sim-
ilar to the form of the Bill Hoffman lease described above.
This lease shall become effective January 1st, 1975 , on which
date the above described Hoffman lease shall terminate, and
the above described Murphy lease will be cancelled.
L
PASSED AND APPROVED THIS THE mix, DAY OF NOVEMBER,
1974 .
MAYOR
ATTEST:
oV~,ed--1
CI Y CLERK
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