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<br /> . - <br /> HESOLUTION NO. 5 <br /> Series 1980 <br /> WHEREAS, the City Council of the City of Louisville is <br />aware of their prior commi t,men t to the Jack Jacobs Company as <br />relates to the use of certain buildings located at Paclamar Farms; <br />and <br /> WHEREAS, the City Council deems it in the City's best <br />interest to lease to the Jack Jacobs Company the buildings outlined <br />on Exhibit A for a period of one year with renewal periods not to <br />exceed seven years total; and <br /> WHEREAS, the City Council agrees to accept for said lease <br />$1.00 per month payment and, the Jack Jacobs Company agrees to <br />maintain adequate liability and structural insurance as required <br />by the City and to hold the City and any of its officials elected <br />or appointed, harmless for any repairs or any injuries incurred <br />on said property. <br /> NOW, THEREFORE" LET IT BE RESOLVED that the City Council <br />of the City of Louisville hereby authorizes the Mayor to execute a <br />lease with Jack Jacobs and Company for use of certain buildings at <br />the Paclamar Farms site. <br /> Passed and adopted this 5th day of February, 1980. <br /> ~JU/L~J <br />ATTEST: May r <br />/l <br />I) <br />~7JJ tkj/~ <br />C~ty Clerk <br />