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Res 690 3/2/1967RESOLUTION NO. WHEREAS, the City of Wichita Falls has recently completed the construction of Lake Arrowhead; and, WHEREAS, the Board of Aldermen of the City of Wichita Falls has seen fit to purchase certain lands adjacent to Lake Arrowhead for the purpose of developing Lake Arrowhead in such a manner as to provide the maximum benefits to the citizens of Wichita Falls; and, WHEREAS, the Board of Aldermen has decided to lease certain portions of its property adjacent to Lake Arrowhead for private residence construction; and WHEREAS, the Parks and Recreation Department has conceived a plan for the orderly development of the residential areas around Lake Arrowhead; and, WHEREAS, all that remains to be done before the initiation of the leasing of such lots, is the adoption by the Board of Aldermen of a formal lease agreement to be used by the City in leasing the residence lots, and the appointment of a representative of the City to enter into said leases. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The Board of Aldermen of the City of Wichita. Falls, Texas, does hereby adopt and approve the lease agreement attached hereto, for the leasing of all Lake Arrowhead residence lots, and that the City Manager is hereby authorized to execute such leases for the City of Wichita Falls, Texas. PASSED AND APPROVED this 2nd day of March, 1967. MAYOR ATTE S T: C I T Y\ 5?4 C L R K THE STATE OF TEXAS COUNTY OF WICHITA THIS AGREEMENT made and entered into on the day of 19 by and between the City of Wichita Falls, a municipal corporation , acting through its City Manager, hereinafter called Lessor, and hereinafter called Lessee, Witnesseth: For and in consideration of the sum of Dollars per year, payable on or before the day of each year during the life of this Contract, Lessor leases to Lessee for a period of twenty five (25) years the following described real property, to-wit: upon the terms and conditions hereinafter set out: 1. Lessee agrees to construct a dwelling building on the above described lot in accordance with plans and specifications supplied by Lessee to the Lessor at Lessee ' s own expense and approved by the Lessor; such building shall be completed within 2 years from the date of initiation by Lessor of water service to said Lessee ' s lot. In the event that Lessee does not complete his building within the specified 2 year period, the Lessor has the option of cancelling this lease. 2 . Lessee agrees he will construct no piers, wharves, float- ing boathouses, docks and/or barges or other facilities on the Lake, without a written permit granted by the City of Wichita Falls for such construction. All such construction must be done in accordance 2 - with City specifications. 3. Lessee agrees to place no fences or other structures upon the leased premises without the express written consent of the Lessor. 4. Lessee agrees that he will keep the leased premises clean of trash, rubbish, garbage and waste matter and will provide such facilities for the disposal of this matter as the Lessor shall require; it being recognized by both Lessor and Lessee, that the primary purpose of Lake Arrowhead is to supply the City of Wichita Falls with water for human consumption. Lessee is under the abso- lute obligation to so use the leased premises and conduct himself so that there shall be no pollution of the waters of Lake Arrowhead. 5. Lessee shall provide sewage disposal facilities in ac- cordance with State Health Department and City of Wichita Falls standards. Septic tanks shall be the only sewage disposal facility used on the leased premises . The septic tanks shall be at least 500 gallon capacity with tile drain field of 100 feet or more if pressure water system is used. 6. Lessee is a resident of the City of Wichita Falls, Texas, and agrees to maintain a residence in said City. If Lessee for any reason ceases to be a resident of said City, the Lessor has the option of cancelling this lease. 7 . Lessee agrees that he will not use the leased premises nor any part thereof for commercial purposes, but only for resi- dential purposes. 8. In order to prevent real estate speculation and ensure orderly development of the residential lot areas, Lessee covenants that he will not assign this lease, nor sublet the whole or any part of the said premises, without the written consent of the Lessor. If Lessor does agree in writing to approve the proposed conveyance of the whole or any part of the leased premises, the Lessor agrees 3 - to execute to the Lessee ' s purchaser or grantee, a new lease and agrees to void Lessee ' s lease. Such new lease between Lessor and Lessee ' s purchaser or grantee shall be of the same terms and conditions as the lease executed between Lessor and Lessee and shall be for the balance of the term of years originally granted Lessee. 9. Lessee agrees that all buildings or other improvements placed on said site are charged with a lien in favor of the Lessor for payment of all rentals that may be owed by Lessee to Lessor for such site. Said lien shall be subject to any deeds of trust or mechanic ' s liens outstanding against any buildings or other improve- ments placed on said site. 10 . Lessee agrees to obey the rules and regulations estab- lished by the City of Wichita Falls governing the use of Lake Arrow- head. The original list of these rules and regulations is on file in the City Clerk' s office, and a copy has been given to Lessee. Lessee further agrees to abide by any additional rules and regulations promulgated by Lessor. Said additional rules and regulations are to be published one time in a newspaper of general circulation within the City of Wichita Falls . These rules and regulations governing the use of Lake Arrowhead are hereby expressly incorporated into this contract and made a part thereof. 11. If Lessee breaches any expressed or implied covenants of this contract, Lessor shall have the right to cancel this lease and shall proceed to dispose of Lessee ' s interest therein in the following manner: Lessee shall have 60 days from the date of the cancellation of this lease agreement by Lessor in which to dispose of his property to some person or persons satisfactory to Lessor, or Lessee may, during the same 60 days if he prefers, remove any improvements he has placed on the premises, but if Lessee chooses to remove his improvements he shall not in so doing damage to any extent any property belonging to V . . 4 - Lessor or to any other person, If at the expiration of such 60 day period, Lessee has not disposed of his interests in the leased pre- mises and has not removed his improvements the.-:efrom. Lessor shall have the right to enter upon premises and sell to the highest bidder at either a public or private sale all of Lessee ' s interests in this lease and the improvements placed thereon. The receipts from the sale shall be applied first to te expense of holding the sale, second to any deeds of trust or mechanic ' s liens outstanding against any buildings or improvements placed on. the premises, third to any indebtedness owed by Lessee to Lessor and the remainder shall be paid to Lessee and shall be received by him as full payment of and for all his rights, title and interest in and to the leased pre- mises and all improvements thereon. Provided, however, that said 60 day waiting period shall not prevent Lessor ' s right to immediate action to abate any nuisance. 12 . In the event of the failure by Lessee to pay the pre- scribed rental for a period of thirty days after its due date, this lease shall automatically terminate. 13. In addition to the above described leased premises, Lessor agrees to execute a written. permit, to Lessee, permitting Lessee to occupy and use the property between the 930 foot elevation and the 926 foot elevation. (spillway elevation) . In exchange for the right of Lessee to occupy and use these premises, Lessee promises to release the Lessor from any possible liability from damage to these premises or to any buildings or structures located thereon caused by overflow and flooding. No other rights are granted herein or are to be permitted or allowed hereunder except to the lands described in this instrument. 14. Lessor makes no warranties as to the suitability of the leased premises for any purpose. Lessor is not responsible for any latent defects in the leased premises . Lessor makes no representations f- 5 - as to the matter of whether or not the leased premises are subject to or may be overflowed, as this is a hazard assumed wholly by Lessee. Lessee shall be solely responsible for any injuries incurred by his guests, business invitees, or members of Lessee ' s family. 15. Lessee is granted an option to extend the time of this lease twenty five (25) years under the same terms and conditions as herein set out. If Lessee elects to exercise this option he shall notify Lessor in writing of such election before the expiration date hereof. 16. In no event shall the City of Wichita Falls (Lessor) , its agents, servants or employees, be liable for any damages, breach of contract, or any action in the nature of a trespass of any kind or character, for terminating this lease under the provisions herein. The opinion of the majority of the Board of Aldermen as to the necessity of cancellation of such lease shall be conclusive upon the parties hereto. CITY OF WICHITA FALLS, TEXAS City Manager Lessor ATTEST: City Clerk Lessee Address Approved as to Form City Attorney SWORN TO AND SUBSCRIBED before me, this day of A.D. 196