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Decatu.:r Tnpr��Te:nen� A�sa��ia.t:�on. <br /> Ci ty of.. De��at*.ix� <br /> Page 2 <br /> M3rch 22, :.989 <br /> cuincider�tal t� Lhe t.erra of �h�: � leas.e:.:�then�� to be. exx�st�ing be�tw�n <br /> riecatur Housing Autharity and, �ecatns� Tmg�.av�e�� A�sociatian,. <br /> The� terms-of. the. suhlea�s�. would: be 3s- fallnws: <br /> 1. Rental to ��e•atur ImpsQtren:�.t. As�a�iati.nn <br /> dur.in� the: first y�as in tha sum af <br /> Seven Thousand Fiv�-�3uzi3red� aad Na:�r1Q� <br /> Dollar.s. ($7, 5QQ.�Q� . <br /> 2. Faym�nt af ��snual re.ntal. of Seven I��ndxed <br /> Fiftlr ar_d.. Na•�1�Q D�Qllars• ( $750.Q0) For. the <br /> balanc�. �f. the. tei�tt. <br /> 3 . P�yment of all taxes: by sub-�lesae� during <br /> th� term. af. the Iea�.e. <br /> The. City of Decac•,ir pr.e��n�ly awns: Parcel II. T. A. Hrinkoe�tte= <br /> is also de.sirous of. a lang te,r� }.eas�. arrarig.e�ne�t. as.to. Parcel. II. <br /> Wha�t is. p�oposed here is. tl�at the City. of Decatur. car�.vey ParceZ. II <br /> to. the De�atu� �mpr.ovem@rt�. A.�socia.tian, Inc�. The �De�atu�: Imgrcive- <br /> ment Associati.on wou:ld. then. er�ter. into. a le�s�:with T. A. <br /> Brink�.ette� &- Sons. for. a term.. of� ninetp-nine ye�.r.s uader the <br /> follc�wing. term,�: <br /> 1 . N.inety-n.in.e (3�; year lease: <br /> 2. First �ea= rerttal. of 'I�aQ. Thaus�d Fiv� <br /> Hundred. and NofZQ4 Dollars . ( $2,5a0.00) . <br /> 3. AnnLal rental f or. the ba.l.arice of the. term <br /> in the� s�.un of. Two Hundre� Fift� and N�:/l OQ <br /> Dallars ($25Q.. 00) per year.. <br /> The�� is . presentl,y an. alle� �w�ed by•the Gity o£ Deeatur: be.twe�n, <br /> Parcel. I an� the p=opezty awned by T. l�. Brinkaettez^ & Sons.,ta. the <br /> south af Parcel I . The� De��atur Hausing. Au.tho2ity has: fu=nisllec� <br /> the• Ci.ty af Decatu.�. witlx a le.tt�er or writ.terr indic�tian. that it <br /> has no� objection. �o aha�dozun�n.t of� this part: of th� alle.y way. <br /> Plea��.�, accept this le�ter as req�ue.�t� hy�T. �. Brinko.etter• tha.t th.� <br /> City of �ec.atur abarsdn�n a11 par,ts.�of the� alley w�g lying. sauth. of <br /> Fa=G�1 I and nar.th o.f. any prop�rt� owned hy T. A. Brinkaetter & <br /> Sons Plumbing & H�.ating, Inc.. or. B�.inkoe�tte�� En.terprises.: This <br /> would include Lots 15, �6 an3 17 . Brinkoet.te� Entergri.ses�. is the. <br /> owner �f Lat. �,5. �f 8. H. Casse:�.l.' s. .A3r�ition. to th� Ci.ty of <br /> De�atur.. <br />