Laserfiche WebLink
~ ! 0 <br /> Thousand Dollars ($10,000.00) would be donated to the City as <br /> soon as construction could start for improvement or construction <br /> of facilities at Riverside Park. Five Thousand Dollars <br /> ( $5,000 . 00) of said funds shall be maintained in the Trust <br /> account as a depreciation/maintenance fund. <br /> BE IT FURTHER RESOLVED, that so long as the funds are so <br /> administered the City would not exercise its revert clause in <br /> the Deed to the Jaycees provided that all monies are used for <br /> capital improvements to City property as outlined hereinabove. <br /> Said agreement does not constitute a waiver of any rights the <br /> City of Batesville or the Batesville Jaycees have under the <br /> Warranty Deed of June 11 , 1966 , the language of said Deed being <br /> incorporated herein by reference. <br /> (W BE IT FURTHER RESOLVED, that the Mayor shall be authorized <br /> and empowered to execute whatever documents necessary to <br /> effectuate the intent and spirit of this resolution and the <br /> agreement between the City of Batesville and the Batesville <br /> Jaycees . <br /> IN WITNESS WHEREOF we have set our hands and seals this <br /> day of :�,� 1991 . /J <br /> ONORABLE JIM BARNETT, MAYOR <br /> ATTEST: <br /> DENISE JOHN.TON, CLERK <br />