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File #: 17-0620    Version: 1 Name: Discuss a resolution authorizing entering into a Ground Lease Agreement for property adjacent to Heritage Park
Type: Resolution Status: Adopted
File created: 10/20/2017 In control: City Council
On agenda: 11/6/2017 Final action: 11/6/2017
Title: A resolution authorizing entering into a Ground Lease Agreement for property adjacent to Heritage Park
Attachments: 1. John Foley Ground Lease, 2. John_Foley_Property, 3. John Foley Property Lot east of Senior Center

Title

A resolution authorizing entering into a Ground Lease Agreement for property adjacent to Heritage Park

 

Summary

DESCRIPTION OF TOPIC: (who, what, when, where, why, and how much)

John Foley is interested in renewing a one year ground lease agreement with the City of Foley for his property located adjacent to Heritage Park at the corner of Chicago Street and Violet Avenue.  Mr. Foley wants to renew the lease with the addition of the City mowing his property located east of the Senior Center.

 

 

SOURCE OF FUNDING:

Please provide the amount requested: ____________

Is this a budgeted item? Yes      

Please provide the budgeted amount: $1.00_____________   Account No. ___________________________

If budgeted, is this a capital purchase, capital project, or special fund?      _________________________ 

Was this item included in the Fiscal Year Capital Projects Plan?   Yes/No

If yes, please provide the amount included in Capital Projects Plan: $___________

 

 

Body

 

WHEREAS, the City of Foley has a need from time to time for overflow parking during special events held at Heritage Park, and

WHEREAS, John Foley has property located east of Heritage Park at the corner of Chicago Street and Violet Avenue and he is willing to renew the ground lease contingent upon City forces mowing his lot east of the Senior Center as well (Tax Map Parcel No. 05-54-08-28-2-000-017.002).

NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, authorizes a one-year term ground lease agreement in an amount of $1.00 annually between the John Foley and the City for Tax Map Parcel No. 05-54-08-28-2-000-025.000. The City of Foley agrees to the maintenance and upkeep of the land to include mowing grass and noxious weeds in areas that are needed.