HomeMy WebLinkAboutC2013-111 - 4/8/2013 - NAFARM LEASE RENEWAL AGREEMENT
FSN #3468 — W &S Ag Enterprises
WHEREAS, the City of Corpus Christi ( "City ") and W &S Ag Enterprises
( "Lessee ") entered into a Farming Lease Agreement, authorized by Ordinance
No. 025210 on February 25, 2003, to allow farming operations on 1320 acres of
land out of the south one -half of Section 41 and 42 and the north one -half of
Sections 43 and 44, of the Santa Cruz Ranch, also known as the Laureles Farm
Tracts, Nueces County, Texas, for an initial term of five (5) years which began
on November 1, 2002 and terminated on October 31, 2007; and said lease
contained the option for Lessee to renew the lease for five (5) additional five -year
terms for a maximum of six (6) five -year terms, and;
WHEREAS, the second five -year term of the Lease expired on October 31, 2012,
and Lessee has requested in writing to renew the Farming Lease Agreement for
the third five- year term under the renewal clause;
NOW, THEREFORE, the Farming Lease between the City and the Lessee
authorized by Ordinance No. 025210, is renewed for an additional five (5) years
for the term of November 1 2012 to October 31 2017 at a new rental rate of
60 pe acre based on an appraisal report obtained by the City of local farmland
cash rents; with all other conditions and requirements of the Lease remaining
unchanged.
ATTEST:
Armando Chapa
City Secretary
THE STATE OF TEXAS
COUNTY OF NUECES
CITY OF CORPUS CHRISTI
By: 5��); c d-1,
Oscar Martin
Assistant City Manager
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This instrument was acknowledged before me on Ape, I , 2013
by Oscar Martinez, as Assistant City Manager, for the City of Corpus Christi.
JQS1E EVERETT
Notary Public. State of Texas
My Commission Expires
nnt0bet 17, 2013
2013 -111 iP
4108113
W &S Ag Enterprises
in and for the State of Texas
Page 1 of 3
INDEXED
APPROVED AS TO FORM:
This 4 day of _ _ ) 2013
By:
Marcie Downrng
Assistant City Attorney
For City Attorney
W &S AG ENTERPRISES
By: Kj� 11 d
Mark Stockseth, Partner
By: U �' - 0 &_
J h H. White, Partner
Date: 2 r
Date: _
By: 2� Date: _ 3 /
Har hate, Jr., Pa ner
THE STATE OF TEXAS §
COUNTY OF NUECES §
This instrument was acknowledged before me on __.. D y Ti ( 3 , 2013
by Mark Stockseth on behalf of W&S Ag Enterprises.
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Notary Public iA nd for the State of Texas
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Page 2 of 3
THE STATE OF TEXAS §
COUNTY OF NUECES §
This instrument was acknowledged before me on , 2013
by John
of W &S Ag Enterprises.
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Notary Public in and f e State of Texas
THE Sl
COUNTY OF NUECES
This instrument was acknowledged before me on it 3 , 2013
by Harry L. White, Jr. on behalf of W &S Ag Enterprises.
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