HomeMy WebLinkAboutResolution 16-054 Resolution 16-054
Resolution of Intent to Lease Real Property to Private Entity
Be It Resolved by the governing body of the City of Brookings, South Dakota that the
City of Brookings intends to enter into a Lease with South Dakota Kart Club, Inc., a
South Dakota Corporation, for a period of Five (5) years and pertaining to the following
described property:
the West Half of the Southwest Quarter (W'hSW'/4) of Section Thirteen (13),
Township One Hundred Ten (110) North, Range Fifty (50) West of the 5tn
P.M., within the City of Brookings, Brookings County, South Dakota, less the
North Seven Hundred Feet (N 700') of the East Seven Hundred Twenty Feet
(E 720') and also less the North Nine Hundred Fifty Feet (N 950') of the West
Six Hundred Feet (W 600') and also less the South Nine Hundred Feet (S
900') and less any Highway right of ways of the West Half of the Southwest
Quarter (W'/ZSW'/4) of said Section Thirteen (13); and
The purpose of this Lease is to provide a location for kart racing. The term of the Lease
is five years. The Lease provides that as rent for the above-mentioned premises, the
infield, bleachers, parking and restroom facilities shall be available for use by the City of
Brookings Park and Recreation Department for sponsored activities.
Be It Further Noted, that a Public Hearing on this Resolution was held on this 28th day of
June, 2016 at 6:00 o'clock P.M. at the City Council Chambers and that all persons were
given an opportunity to be heard on the intent to lease real property.
Passed and approved this 28th day of June, 2016.
CITY OF BROOKINGS
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Tim Reed, Mayor
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ri Thornes, City Clerk