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HomeMy WebLinkAbout1224cs zsasc / a' An ordinance authorizing the Mayor and City Recorder to execute for and on behalf of the City of Ashland, Jackson County, Oregon, a consent to the assignment by Gas-Ice Corporation, a 1~ashington corporation to the Small Business Administration of that certain lease ~ated January 2, 1~2 by and between the City of Ashland as lessor and Gas-Ice Corporation as lessee. WHEREAS, the City of Ashland as lessor entered into a certain lease dated January 2, 19~2 with G~s-lce Corporation as lessee appertaining to the leasing of the heroinafter described property in Jackson County, Oregon, and WHEREAS, said lessee in order to secure a loan from the Small Business Administration, an agency of the United States Go~rnment, must assign for security purposes the aforementioned lease to said Small Business Administration, and IgHEREAS, the ~ayor and members of the Common Council have reviewed the assignment, and k~EAS, it is necessary for the Mayor and Recorder to execute for and on behalf of the City of Ashland a consent to said assignment, and WHEREAS, the Mayor and Cosresort Council have no objection thereto and believe it to be in the best interests that said consent to assignment be approved, NOW, THEREFORE, TP~ PEOPBE OF TIiE CITY OF ASHLAND DO ORDAIN AS FOI~OWS: Section 1. That the Mayor and City Ileox~ler aFe hereby authorized direoted to execute that certain consent to assignment, a copy of which is attached hereto, consenting to the assignment by Gas-Ice Corporation to the Small Business Administration, its successors and assigns, an agency of the United States Government, of that -1- set,sin l,e~SO dated ~an.~ary 2~ 19~2~ which lease is by aml between the City or Ashland and said Gas-Ice Corporation a~d appertains to the leasing or the rollwing described Begi_nnin2 at the Northwest corner ~f Governmmnt Lot Nlme (9) 1~ SeZticm ~mvwn (F) To~nshi Uty-nine (39) South or Range T~o (2) ~ast of t~ Willsmelts Meridianm ~ Jackscm County Orel~i~ thence North 89 degrees ~'-iast along the ½~rth line dr Government Lot Nine (9), distance ~f 6?9 reel, more ~r less, to the ~outh~est corner ~f Covertmen, Lot lye (~) in said 5eelion Seven (7)~ ~hence North 72.6 reel ~o the Nor,bees, c~aer of Govelmment ~t Five (~)J thence more '~r less to an inters~ctima ~lth the South line or said See,Ash ~even (7)| thence West along the South line ~r Section Seven (7), a distance ~f 163~ feet more ~r less, to the 8~uthsest corner of said ~ect~on Seven (7)~ thence North along the West line ~f ~aid Section Seven (7), a distance or 785.~ feet, to a i the point of begin* point situated 7 ehans S~uth of ~ing~ thence West 1361.~ feet to an intersection with the east line ~f the ~artha Wells Estate in tee,ion Twelve (12) T~nship Thirty-nice (~) South, Range Oae (l) Eas~ of tbe Willasette~leridian, thence N~rthal~n2 the Fast line or themelisPs*ate, ~2 feet t~ the Northwest c~rmer or Government Lot Bight (8) in said Section T~elve (12); thence East along the ~orth line of Government ~ot Eight 13~1. feet to the ~.~rthwest corner .~r Gowernaent Lot ~ine (9) in Section Seven (7), T~mship Thirty- sane (39) South, ~r Range 2 Fast of the Willsmelts acridions the point of hegtmmlq~ containing ~6.7~ acres, mOre ~r less. Willsmelts ~erldian, ~reSon, thence West ~O fee{ more or less to the &~thwest corner or ~vernmmnt ~:~t ~l in ~ctl~ 12 T~s~p 39 ~outh, Ra~e 1 ~st~ t~nce ~orth ~ f~t~ the~ East ?~7 feett thence South ~ feet to t~ $~th 1~ of D~nati~ ~nd Cla~ t~aee West 317 feet, me ~ less, e to the p~ee ~gi~, on~l~ ten acres. which property is subject to certain easements and rights or w~y of record ~s appears from the aforementioned assignment of lease. The f~regolng ordir~nce was duly ~assed, under a suspension the /~ day ~f December, all of whioh X bereby eertlfy: the vote being as fellows,