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<br />164. <br /> <br />RESOLUTION 2000 - 33 R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS APPROVING A FOURTH <br />LEASE AMENDMENT FOR THE LEASE OF CITY REAL <br />PROPERTY TO THE SAN MARCOS AREA CHAMBER OF <br />COMMERCE; AUTHORIZING THE CITY MANAGER TO <br />EXECUTE THE AMENDMENT; AND DECLARING AN <br />EFFECTIVE DATE. <br /> <br />RECITALS: <br /> <br />1. The City's lease of real property (the "Lease") to the San Marcos Area Chamber of <br />Commerce (the "Chamber") was amended in 1999 to provide for an expansion of the <br />Chamber's office building. <br /> <br />2. The Chamber has requested the City's approval of the mortgaging of the Lease as <br />collateral for a loan from the Balcones Bank for the building expansion. <br /> <br />3. The City is willing to grant approval of the mortgage of the Lease in accordance with the <br />terms of the attached Fourth Lease Amendment. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br /> <br />PART 1. The attached Fourth Lease Amendment for the lease of City-owned <br />property to the Chamber is approved. <br /> <br />PART 2. The City Manager, Larry G. Gilley, is authorized to execute the lease <br />amendment on behalf of the City. <br /> <br />PART 3. <br />passage. <br /> <br />That this Resolution shall be in full force and effect from and after its <br /> <br />ADOPTED on FFRRIIARY 14 <br /> <br />,2000. <br /> <br />~~q.~ <br /> <br />Billy G. Moore <br />Mayor <br /> <br />A1Jte t: <br />/, . <br />. I /. ,.f-.A~ 1'1. <br />(/ ill}ii/ffJ), Ij l~fUJIV1/ <br />Janis K. Womack <br />City Secretary <br />