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HomeMy WebLinkAboutRES 1988-048 RESOLUTION NO. 88-48 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS, RATIFYING A CONCESSION AGREEMENT BETW�EN THE CITY AND AUSTIN RANCH ENTERPRISES, INC. , FOR THE PERIOD OCTOBER 15, �'` ' 1987 TO DECEMBER 6 , 1988 ; AUTHORIZING THE MAYOR TO EXECUTE A CONCESSION AGREEMENT FOR A PERIOD OF THREE (3) YEARS BETWEEN THE CITY �; , AND AUSTIN RANCH ENTERPRISES, INC. , AND PROVIDING AN EFFECTIVE DATE WHEREAS, on October 2, 1984 , the City of Grapevine ("City") and Austin Ranch Enterprises, Inc. ("ARE") entered into a Concession Agreement ("Agreement") on land which the City had leased from the U. S. Army Corps of Engineers ("Corps") for the purpose of the usage of equestrian trails and the sale of food and beverages; and WHEREAS, the Agreement was for a period of three (3) years, expiring on October 15 , 1987; and WHEREAS , ARE, with the approval of the City, has continued to operate its concession business from October 15 , 1987 until the present time; and WHEREAS, the City desires to ratify the implied Concession Agreement between the City and ARE from October 15 , 1987 until the present date; and � WHEREAS, the City and ARE mutually agree to continue the Concession Agreement for an additional three (3) year period. � NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS: Section l . The above premises are found to be true and correct and are incorporated into the terms of this resolution as though they were copied herein in their entirety. Section 2 . The City Council hereby ratifies the Concession Agreement between the City and ARE from October 15, 1987 through December 6 , 1988. Section 3. The City hereby approves the Concession Agreement between the City and ARE, attached hereto as Exhibit "A" and incorporated herein for all purposes, and authorizes the Mayor and City Secretary to execute said agreement. Section 4 . This resolution shall become effect�ve after its passage and approval by the City Council. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CIT� OF ��._. GRAPEVINE, TEXAS on this the 6th day of December , 1988 . APPROVED: � ` Mayor ATTEST: City Secretary APPROVED AS TO FORM: ,�- �. : City Attorney �,_.; � ,. �..,.�