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HomeMy Public PortalAbout05728 O R D I N A N C E NO. 5728 AN ORDINANCE, authorizing and directing the Executive Director and Secretary-Treasurer on behalf of The Metropolitan St. Louis Sewer District to lease to James Buford, certain real property of the District in St. Louis County, Missouri, known as the Arnold Lagoon Site for the planting and harvesting of crops, and to execute a Lease Agreement upon the terms and conditions hereinafter set out. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. The Executive Director and Secretary- Treasurer on behalf of The Metropolitan St. Louis Sewer District are hereby authorized and directed to lease to James Buford upon the terms and conditions hereinafter set out, for the planting and harvesting of crops, the real property of the District in St. Louis County, Missouri, known as the Arnold Lagoon Site, and also known and numbered as 7981 Fine Road. Section Two. The lease shall be for a term of Five (5) years, commencing September 1, 1984 and terminating August 31, 1989, at the annual rental of Fifteen percent (15%) of the gross revenue realized for all crops planted and harvested upon said real property, with a minimum annual rental payment of Four Hundred Dollars ($400.00). Section Three. The Executive Director and Secretary- Treasurer on behalf of The Metropolitan St. Louis Sewer District are hereby authorized and directed to execute a Lease Agreement giving effect to Sections One and Two hereof, and embodying such other terms and conditions as approved by the Director of Legal Services. The foregoing Ordinance was adopted August 22, 1984. -2-