Res 1341 9/5/1972V
RESOLUTION NO.J4//
WHEREAS, the Wichita Falls Yacht Club has requested the
City to lease to such club the undeveloped peninsula at Lake
Arrowhead known as Crow Trace Point and Lot 1, Section E,
East Side, for the purpose of developing said site as the home
for the Wichita Falls Yacht Club.
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 such a
lease to the Wichita Falls Yacht Club for a rental of $200.00
per year. Such lease agreement shall follow the standard
Lake Arrowhead lease agreement, with certain modifications;
such lease shall stipulate that membership is open in the
Wichita Falls Yacht Club to any and all persons; all improve-
ments to the property will be at the expense of the Wichita
Falls Yacht Club, and will require permits and approval of the
City Parks and Recreation Department; the Yacht Club shall be
responsible for the payment for roadway improvements at the
rate of $2 . 50 per front foot, which may be paid out over a
5-year period.
PASSED AND APPROVED THIS THE 5TH DAY OF SEPTEMBER, 1972.
I, Ii./ 'w - /_ _ /.
Ar M A Y O R
ATTEST:
C i I._ • /I,!_i
City Clerk