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RESOLUTION NO. 2016-143R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS APPROVING AN ASSIGNMENT OF AND <br /> ADDENDUM TO LEASE OF PROPERTY WITH FRAYE B. STOKES <br /> FOR UNIMPROVED PREMISES AT THE CORNER OF LBJ AND <br /> EDWARD GARY THAT ASSIGNS THE LEASE FROM FRAYE B. <br /> STOKES, AS LESSEE, TO FRAYEZUR PROPERTIES LIMITED <br /> PARTNERSHIP AND EXTENDS THE LEASE TERM THROUGH THE <br /> YEAR 2023; AUTHORIZING THE CITY MANAGER TO EXECUTE <br /> SAID INSTRUMENT; AND DECLARING AN EFFECTIVE DATE. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br /> TEXAS: <br /> PART 1. The attached Assignment of and Addendum to Lease of Property (the <br /> "Assignment and Addendum") is hereby approved. <br /> PART 2. The City Manager is authorized to execute the Assignment and Addendum <br /> on behalf of the City. <br /> PART 3. This Resolution shall be in full force and effect immediately from and <br /> after its passage. <br /> ADOPTED on October 18, 2016. <br /> aniel .I IN - c <br /> Mayor <br /> Attest: <br /> ti <br /> Jami Lee Case <br /> City C erk <br />