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HomeMy WebLinkAboutAgenda Report - December 17, 1986 (77)M •! 1 N! i;rt 1 RENEWAL OF LFASE FOR G BASIN P9f APPROVED City Council ananived the renewal of the lease between Delmar and Doris Batch and the City of Lodi for the G Basin OC -6 property for one year and authorized the lease to be signed by the City Mumpr and City Clerk. The Batches have leased this property from the City since 1976 under two 5 -year leases. Since the ultimate pian for this basin has not been finalized, the City proposed that this lease now be on a year-to-year basis rather than a 5-jear teem. This will give the City more flexibility and the lessees will have a chance to review their options on an annual basis. The lessees requested that the tezm of the lease be from October 15, 1986 through December 31, 1987 to coincide with their other Leases. This will not be a problem for the City. The amount of the lease is $1,215.00. f f i e a F C x