HomeMy WebLinkAboutRes. 20-011Resolution 20-011
Resolution of Intent to Lease Real Property to Civil Air Patrol, Inc.
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 Civil Air Patrol, Inc., for a period of
five (5) years, commencing on February 1, 2020 and ending December 31, 2024 and
pertaining to the following described property: approximately 1 ,040 square feet in the
Brookings Airport Terminal Building in Section 26-T110N-R50W, City of Brookings,
South Dakota.
The Lease will be in the amount of eighty-four dollars and forty-two cents cents
($84.42) per month, payable by the first day of each month. The lease amount will be
increased 3% beginning on January 1st of each year. The Lessor or Lessee may
terminate this Lease with a notice of 30 days.
Be It Further Noted, that a public hearing on this Resolution was held on January 28,
2020 at 6:00 o'clock P.M. at the Chambers at the City & County Government Center
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 January, 2020.
CITY OF BROOKINGS
Keith W. Corbett, Mayor
ATTEST:
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