70-093 Ordinance - Laserfiche WebLink

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C 'r - 2 - Section 3. That the Director of Finance of this City is hereby authorized and directed to make the rental payments provided for 3.n Section 2 of the lease agreement in the aarounts and at,,the times provided for therein ar~d it is the further finding and dete:rm3.nation of this Council that the qusrterly rental payments provided for in such Section 2, together with such additional payments as rentals as provided for in such section, represent and constitute fair and reasonable cos~ensat3.on and rental for the use, occupancy and esnjoy- ment of the swimming pool facility to be paid to Coaetunity Recreation Company by the City as a current operating expense on a quarterly basis as aforesaid during the term of the lease. Section ~+. That i.n accordance with Section 5705.44, Revi~aed Code, the amount of the City's obligation under such lease agreemtent remaining unful- filled at the end of any fiscal year and which will become payable during the next fiscal year shall be included in the annual appropriation n-easure for the next year as a fixed charge. Section 5. That this ardinaACe is hereby declared to be an emergency measure necessary for the mediate preservation of the public peace, health, safety and welfare of said City and for the farther reason that provisions should immediately be made for the execution of such lease agre~e®ent and deed. in order to permit Community Recreation Company to proceed at the earlierst possible date with the construction and development of such municipal. swimming pool facility which is urgently required for the recreational p~rogreat of the City to enhance and develop the health and welfare of the inhabitants of the City; wherefore, this ordinance shall be in full force and effect from and immediately after its passage and approval by the Mayor. Passed: ~? /~'pp Attest ; 1~~ ~ ~~~ Nora T. Hill, Clerk of Council Approved: Ralph $. Christman, Mayor ~~ ~. James A. Prokasq, President Pro Tem