Title
A RESOLUTION ADOPTING AMENDMENT 2 OF THE REAL ESTATE LEASE FOR 135 ACRES MORE OR LESS TO ARKANSAS GAME AND FISH COMMISSION FOR THE PURPOSE OF CONSTRUCTING AND OPERATING A NATURE CENTER
Body
WHEREAS, the City of Jonesboro, Arkansas as Lessor, and the Arkansas State Game and Fish Commission, as Lessee, entered into a certain real estate lease agreement, which lease was duly recorded on September 26, 2001, in Craighead County Miscellaneous Book 43 at pages 348-354, which commenced on October 1, 2001 and remains in full force and effect. The resolution passed on August 6, 2001, contained a property description that was incorrect, the property description in the original lease is and was the correct description, and is hereby adopted; and
WHEREAS, in July 2002, the parties executed an amendment (Amendment No.1) to the real estate lease agreement for the purpose of adding 1.00 acre, more or less, to the lands that comprise the Leased premises, and said Amendment No. 1 was duly recorded on February 10, 2011, as Instrument No. JB2011R-002171 2 in the Craighead County land records; and
WHEREAS, both parties now wish to adopt this amendment (Amendment No. 2) to amend certain terms of the original real estate lease agreement.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:
Section 1: That the City of Jonesboro shall amend the Real Estate Lease of 135 Acres more or less to Arkansas Game and Fish Commission to read as defined in attached REAL ESTATE LEASE AMENDMENT NO. 2.
Section 2: The Mayor, Harold Perrin and City Clerk, Donna Jackson are hereby authorized by the City Council for the City of Jonesboro to execute all documents necessary to effectuate this agreement.
PASSED AND APPROVED this 5th day of April, 2011.