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Agenda 08/09/2008
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Agenda 08/09/2008
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9/29/2005 3:48:44 PM
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9/29/2005 3:11:22 PM
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City Council
Meeting Date
8/9/2005
City Council - Category
Agendas
City Council - Type
Work Session
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<br />M <br />Martinsville <br /> <br />A CITY WITHOUT LIMITS <br /> <br />June 1, 200 I <br /> <br />Mr. Calvin Nolen <br />6132 Daniels Creek Road <br />Martinsville, VA 24112 <br /> <br />Dear Mr. Nolen: <br /> <br />Consider this letter as an amendment to the lease agreement dated May 1, 1996 between <br />the City of Martinsville (Lessor) and Calvin F. Nolen (Lessee), covering the lease of <br />approximately 238 acres of farm property located off of North Daniels Creek Road in <br />Henry County This letter hereby extends the lease agreement for another five (5) year <br />term from July 1, 2001 through June 30, 2006, subject to the same conditions as the <br />original agreement with the exception of the annual lease amounts, which shall be as <br />follows: <br /> <br />Year 1 July 1, 2001 - June 30, 2002 <br />Year 2 July 1, 2002 - June 30, 2003 <br />Year 3 July 1, 2003 - June 30, 2004 <br />Year 4 July 1, 2004 - June 30, 2005 <br />Year 5 July 1, 2005 - June 30, 2006 <br /> <br />$1,575 <br />$1,622 <br />$1,670 <br />$1,717 <br />$ 1 ,764 <br /> <br />The lease amounts represent a 5% increase for year 1, and subsequent 3% increases for <br />years 2 through 5. <br /> <br />As an indication of your agreement with these terms, please sign and return one (1) copy <br />of this letter to the City's Public Works Office. The signed copy will be attached to the <br />existing lease agreement and kept on file in the City's Engineering Office. The signed <br />letter may be mailed to the following address: City of Martinsville, Department of Public <br />Works, P.O. Drawer 11 12, Martinsville, VA 24114. <br /> <br />Should you have any questions regarding this, please let me know. <br /> <br />!:;\ <br /> <br />Earl B. Reynolds, Jr. <br />City Manager <br /> <br /> <br />Cdg <br /> <br /> <br />Accepted: Date: 0-- g _ 0 / <br /> <br />Cc: Wade Bartlett, Finance Director <br />Leon Towarnicki, Director of Public Works <br /> <br />55 West Church Street P.O. Box 1112 Martinsville, VA 24] 14-1112 540-656-5000 <br />www.ci.martinsville.va.us <br />
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