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Resolution 59 " RES 0 L UTI 0 N , )., N O. 5!>> i ;I Ii II iI d II Ii ;! \I I I ---------- BE IT RESOLVED this 4th day of November, 1935, by the City of Gilroy, a municipal corporation duly organized and existing under and by virtue of the laws of the state of California, sit- uated in the County of Santa Clara, State of California, that one certain indenture of lease made and executed on the 27th day of February, 1922 by and between said City of Gilroy, therein designated as party of the first part, and Coast Counties Gas and Electric Company, a corporation duly organized and existing under and by virtue of the laws of the State of California and having its principal place of business in the City and County \ of San Francisco in said state, therein designated as party of . the second part, wherein said City of Gilroy did for a period of twenty-five (25) years thence next ensuing, lease, demise and let unto said Coast Counties Gas and Electric Company, and a monthly rental of Fifty Dollars (~50.00~ 6ertain real property located in said City of Gilroy, then or formerly occupied by the gas works and by the electric plant of said city, together with certain rights of drainage, et cetera, which said lease was on the 6th day of March, 1922 duly filed for record in Volume R of Leases at page 479, Santa Clara County, California Records, is hereby terminated and cancelled conditioned upon and in con- sideration of the paJrment by said Coast COQnties Gas and Electric! Company to said City of the sum of Forty-five Hundred Dollars I (~)4500000) within five days next ensuingo I II 'I I Ii II d I I , I I, II Ii Ii d 'I I, II II I I I, !I II II II !\ I, !I 1\ I, 1\ " II ,I I I I I I II I, Ii , I \ I I II \1 I The foregoing resolution was dul:l passed, approvei and adopted by the ~ommon Council of the City of Gilroy at a regular meeting held on the 4th day of November, A.D., 1935. AYES: Councilman Fred C. Boock, S. D. Heck, Geo. A. Wentz, Ben Stewart. NOES: None 0 ABSENT: Councilman Geo. C. Milias Jr. J. H. Rush. \ I I I I Approved: ~ I Mayor i I I I II II