HomeMy WebLinkAboutO-810ORDINANCE NO. 810
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FAIRHOPE
ALABAMA, AS FOLLOWS:
Section 1. It is hereby established and declared
that the following described real property of the City of
Fairhope, Alabama, is no longer presently needed for public
or municipal purposes, to -wit:
10 North Summit Street, Fairhope, Alabama.
Section 2. The City of Fairhope, Alabama, having
received an offer from the University of South Alabama to
lease the real property described in Section 1, above, it is
hereby declared to be in the best interest of the public and
the City of Fairhope, Alabama, to lease said real property
to the University of South Alabama under the following terms
and conditions, to -wit:
Five (5) years, with the tenant to repair and
maintain the leased property and pay the Fairhope
Single Tax Corporation rents and taxes thereon.
Addition terms are on record in the Fairhope City
Clerk's office.
Section 3. Pursuant to the authority granted by
Section 11-47-21 of the Code of Alabama (1975), the Mayor of
the City of Fairhope, Alabama, is hereby directed to execute
a lease agreement with the University of South Alabama for
the City of Fairhope, Alabama, according to the terms set
out in Section 2, above, and he is hereby authorized to
execute said lease agreement in the name of the City of
Fairhope, Alabama.
Section 4. This ordinance shall become effective
immediately upon its adoption and publication as required by
law.
ADOPTED AND APPROVED THIS THE
July, 1988.
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