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~' <br /> <br />RESOLUTION #R -t-9.B. <br />A RESOLUTION APPROVING A LEASE OF FULLY CONSUMABLE <br />WATER BETWEEN THE CITY OF LOVELAND AND LOVELAND <br />READY MIX <br />WHEREAS, the City owns certain water which, pursuant to the water laws of the state <br />of Colorado, maybe used, re-used and successively used to extinction (the "~ully Consumable <br />Water"); and <br />WHEREAS, Loveland Ready Mix wishes to lease from the City the right to use a portion <br />ofthe City's Fuiy Consumable Water, and <br />WHEREAS, the City is willing to lease to Loveland Ready Mix a portion of its Fully <br />Consumable Water pursuant to certain teens and conditions as set forth in the Lease of Fully <br />Consumable Water, attached hereto as Exhibit A, and <br />WHEREAS, the City Council finds that the Lease of Fully Consumable Water is in the <br />beat interests of the City and ire citizens, <br />NOW, THEREFORE, BE TT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF LOVELAND, COLORADO: <br />Sectionl. The Lease of Fully Consumable Water by and between the City of Loveland <br />and Loveland Ready Mix, a copy of which is attached hereto and incorporated herein as Exhibit <br />A, is hereby approved. <br />Sectioa2. The Mayor and City Clerk are authorized and directed to execute said <br />Lease on behalf of the City. <br />ADOPTED this ~_ day of ._J,anua rev , 1998. <br />•GTM oRio <br />. o Mayor <br />A T.t <br />~= <br />t0'•. <br />9qp~ <br />Crty Clerk <br />APPROVED AS TO FORM: <br />City Attorney <br />