HomeMy WebLinkAboutResolution 2647 Authorizing conveyance of Bozeman's Spain-Ferris water rights to airport: 1-12-87
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COMMISSION RESOLUTION NO. 2647
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN AUTHORIZING ITS
MAYOR TO EXECUTE A CONVEYANCE TRANSFERRING THE CITY OF BOZEMAN'S INTEREST IN
SHARES OF CAPITAL STOCK IN THE SPAIN-FERRIS DITCH COMPANY TO THE GALLATIN
AIRPORT AUTHORITY.
WHEREAS. the City of Bozeman. Montana. is the owner of two-hundred fifty
(250) shares of capital stock in the Spain-Ferris Ditch Company and co-owner
with Gallatin County. a political subdivision of the State of Montana. of an
additional eighty (80) shares of capital stock in the Spain-Ferris Ditch
Company;
WHEREAS. on November 22. 1972. the City of Bozeman, Montana. entered
into Joint Resolution No. 1553 with Gallatin County. Montana. authorizing
the Mayor to convey to the Gallatin Airport Authority all Bozeman's right.
title, and interest in and to the real and personal property situated within
the boundaries of or used solely in connection with Gallatin Field;"
AND. WHEREAS. said shares of stock in the Spain-Ferris Ditch Company are
appurtenant to the real property transferred to the Gallatin Airport
Authority therein;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF
BOZEMAN, MONTANA:
,
That the Mayor be and is hereby authorized by the City Commission to
complete the transaction authorized by Joint Resolution No. 1533 by
.
executing on behalf of the City of Bozeman, Montana, any and all documents
necessary to convey the City of Bozeman's interest in the aforementioned
shares of capital stock in the Spain-Ferris Ditch Company to the Gallatin
Airport Authority.
PASSED AND ADOPTED by the City Commission of the City of Bozeman,
Montana, at a regular session held therefore on the 12th day of
January
, 1987 .
C~J kMh A ' ro-,;:ij!l'~LIl.
Mayo
ATTEST:
(2t~. l~ ~~ti1l/~
Clerk of the City Commission
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