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HomeMy WebLinkAboutRESO 1024.. ~~~~'l~·-~·.~~ ... ~ .. ~_,-,...,,,~ .. , ... ,....._._7v-.,..FI'~'!1.l~(ii~.~·~.~·J'I"'MC-.,.,--,~~·•••' \ I > I i ) i I ~· ,, ,, t! l t 1 § l ! I l I ' 458 1t t ~ ~· 1 !! I l Q X I Q. lW. RESOLUTION OF THE CITY COUNCIL OF Th"E CITY OF PALO ALTO ON ~ERXINATION OF LEASE OF TRE FEDERAL TEL!i~R.APH COMPANY DATED MARCH 82, 1926 The Council of the City of Palo Alto DO RESOLVE a.s follows: Th.<4t upon the surrender of pos!lession by the Federal Telegraph Compav~ of that certain lease dated March 2~, 1926, mRdc by and between the City of Palo Alto and the said .!:•'.::d~ral Tt.:'lcr:raph Company, togeth0r w:t th the promises leased <\nd all lmprovcmcnts tnereor1, the City of Palo Alto will :relca!:e the said Federal Telegraph Comp.:1.ny .from all obliga t !ens under said lease a.nct all lc!ascs entered. into by said company with th•J City of P:.:1.l0 .Alto; That upor. said su.rrende:r the City of Palo Alto w!ll rebate to .the Federal Telegraph Company $387.81 of th~ rentals paid by said compa:ny to tho City for the yet~r commencing March 22, 1932 e.nd ending March 21, 19-13 and will rebalte to the company pro r:tta all texas paid by said company f9r th~· ftscal year of 1931-321 and upon the consummation of this resolution nll existing rights between suid Fedflral Telegraph Company and the City of Pulo Alto are hereby dr.:clared terminated without further respo:n.zHil.ity of the parties to said lease, one to the other .. The above ::tnd foregoing resolution w:ts duly passed on the 25th d:J.y of May, lB32 1 at ~:~.n adjourned meeting of the Council, by the following vote: .l1.YI~S: NOEE: AB~)'SN'T: ATTEST Bertsche, Cathcart, Chri!ten!J.cn, Collins, ~:v:·ns, Johnson, Judson, Kelly, L~~u!3ten,.Mi tch8ll, Mosher, Tho:tts, Thomas. None. Steph.:ms i Wood. r2tfi.~ & .. -J-..PP!1.0\"El) o!t*H·ll>*~~****"lh1-:;t. The Federal Telegraph Compal'lY,. by Leonard F .. Fuller, its Vice-President, doc~; horeby consent to the above and foregoing r(~solutlon .. Dated, May 17,1932. ~~eonerd f. F'ull!!r_ {Signed) '!lice-President of the :red9ral Telegraph Company. ..... 00 ~ .... ~ [] 11 ll I • ~ I