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HomeMy WebLinkAbout024217 ORDINANCE NO. 2% AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR AND CITY CLERK TO ENTER INTO A LEASE OF THAT PORTION OF MADISON STREET LYING BETWEEN WATER STREET AND FRONT STREET TO THE COTTON CORPORATION, FOR A PERIOD OF VWJE YEARS COMMENCING OCTOBER 1, 1971, FOR A RENTAL OF FIFTY DOLLARS PER YEAR. THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND, IN REGULAR SESSION ASSEMBLED, DO ORDAIN AS FOLLOWS: Section 1. The Mayor and City Clerk are here and hereby authorized aancT—directed to enter into a lease for a term of Gm a (e) year* from October 1, 1971, with Cotton Corporation, a Washington corporation, as lessee, of that portion of Madison Street lying between Water Street and Front Street, and a rental of fifty dollars ($50.00) per year, and for the purpose only of keeping and maintaining a pier and related uses. Section 2. This ordinance shall take effect upon its passage, approval and publication in the form and manner required by law. Read for the first, second and third times, passed by the Council and 'approved by the Mayor on October 5, 1971. r �K h{. M T Mayor APPROVED AS TO FORM: GL A13RAHANI - City Attorney