7/7/2011 11:26:48 AM
7/7/2011 11:26:48 AM
City of Clive
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RESOLUTION NO. Q 7 oZ iif <br /> RESOLUTION APPROVING AND ACCEPTING ONE CERTAIN <br /> CONSENT TO MORTGAGE OF LEASEHOLD WITH RESPECT <br /> TO THE SEG CELLULAR LIMITED PARTNERSHIP LEASE <br /> OF THE CLIVE WATER TOWER <br /> WHEREAS, the City of Clive, Iowa, and SEG Cellular Limited <br /> Partnership have entered into a Lease Agreement pertaining to cer- <br /> tain space on the Clive Water Tower and real estate related there- <br /> to; and <br /> WHEREAS, SEG Cellular Limited Partnership desires to mortgage <br /> its leasehold estate to Northern Telecom Finance Corporation, and <br /> has requested that the City of Clive, Iowa, consent to such mort- <br /> gage; and <br /> WHEREAS, the City Council of the City of Clive, Iowa, is desir- <br /> ous of consenting to said mortgage, the same being in the best <br /> interests of the City. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br /> OF CLIVE, IOWA: <br /> That the Consent to Mortgage of Leasehold, a copy of which <br /> is attached hereto and by this reference incorporated herein, <br /> be and is hereby approved and accepted by this City Council; <br /> and the Mayor pro tem is hereby authorized and directed to <br /> execute said Consent on behalf of the City of Clive, Iowa; and <br /> the City Clerk is hereby authorized and directed to attest to <br /> the signature of the Mayor and to affix the seal of the City to <br /> the same. <br /> PASSED AND APPROVED this 17th day of December, 1987. <br /> Ken Po 0"", ayor pro tem <br /> ATTEST: <br /> arj rick . Roberts, City Clerk <br /> ..• <br />
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