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CCR1977107AUTHORIZING EXECUTION OF LEASE AGREEMENT BETWEEN RICHARD SCHAUMBERG AND MUSKEGO PARK & RECREATION BOARD (Freedom Square - Phase IV) BE IT RESOLVED that the Common Council of the City of Muskego, upon the recommendation of the Finance Committee, does hereby approve of the attached lease agreement between Richard Schaumberg and the City of Muskego Park and Recreation c Board. DATED THIS at%AY OF wkw( , 1977. / FINANCE COMMITTEE ATTEST : City Clerk u Paul J. Schaumberg /7 0 .yd Ronald J.\Ford r] LEASE AGREEMENT 0 THIS AGREEMENT is made between the City of Muskego, The property which is the subject of this lease is Park Recreation Board, Lessor, and Richard Schaumberg, Lessee: e " described as follows, to-wit: Lands donated to city for park purposes in Freedom Square - Phase IV RENTAL: The rental for said property shall be the sum of $180.00 for a term of one year, commencing on the 1st day of June, 1977, and ending the 31st day of May, 1978, PURPOSE OF LEASE: The Lessor leases the premises and the Lessee agrees to use the premises for the grazing and pasturing of horses owned by the Lessee, but never shall the number of horses on the leased premises be more than four (4) at any one time. %e Leesee shall also use the prcmises for the pur- pose of recreation connected with the horses and for himself and family and guests and shall never use the premises or the horses for commercial purposes on CIIC premises. CONDITIONS: Lessee shall prior to the use of the premises as ab ove described and stated, erect fences, the material and type of which shall be approved by the Lessor and &ich shall be sufficient to keep the horses within the confines of said fences. Any gates provided to the premi.ses shall be secured by locks and Lessee shall he responsible for the the maintnnance ard repair of said fences at all times. Any fences or other equipment used by the Lessee during the term of the lease or a renewal thereof shall at the opti.on of the city be removed by him at the expiration thereof. LIABILITY INSURANCE: Lessee, shall, at his own expense, at all times during the te~m of this lease, nlaj.nt;lin in force a policy or policies of insurance, written by one or more responsible insurance carriers, which will insure Lessor against liability for injury to or death of persons or loss or damage to property occuring in or about the demised pL-elni ses. The liability under such insurance shall not be less than $100,000 for any one person killed or injured, $200,000 for any one accident and $50,000 property damage. ASSIGNb7ENT: This lease shall not be assigned by the Lessee without the express written consent of the Park Board. ENEL!AL: This lease is not subject to automatic renewal, but may be renewed by the Park Board with the approval of the Comon Council on an annual basis upon such terms and conditions as the parties may agree to. Pursuant to Resolution # 107-77passed and approved by the Common Council of the City of Muskego, this. lease is hereby executed this \()=day of May, 19 77. CITY OF MUSKEGO, PARK & RECREATION BOARD By : Richard P. Schaumberg -