HomeMy WebLinkAbout96-072
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RESOLUTION NO. 96-72
WHEREAS, Mohave County, a political subdivision of the State of Arizona,
COUNTY, is the owner of certain real property described in the attached Exhibit "A",
and upon which is located the Laughlin-Bullhead International Airport, and
WHEREAS, the County has leased this property to the Mohave County Airport
Authority, Inc., AUTHORITY, in ac(:ordance with A.R.S. ~2-301, for the purpose of
constructing, operating, and maintaining an airport, and uses incidental thereto, and
WHEREAS, the AUTHOFJTY desires to enter into a Stock Subscription
Agreement with the North Mohave Valley Corporation, NMVC, for the purpose of
providing water utility services to the airport which would clearly benefit the airport and
. airport property, and
WHEREAS, the terms of the Subscription Agreement require that certain on-site
facilities as described in Exhibit "B" shall remain or become the sole property of the
NMVC upon completion of constmctlon, and that certain perpetual non-exclusivl~ rights-
of-way and easlements described in Exhibit "C", which are necessary for the operation,
maintenance and repair of the on-site facilities b(: acquired, and
WHEREAS, the retention of ovvnership of the on-site facilities by NMVC and the
granting of necessary easements and rights-of-way by the COUNTY would be in the best
interests of the residents of the COUJ\TY.
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THEREFORE, BE IT RESOLVED in consideration of the enhancement of the
airport property by the proposed water improvements and for other valuable
consideration, the Mohave County Board of Supervisors hereby authorizes NMVC to
retain ownership of the certain described on-site: facilities constructed on the subject
property and also grants NMVC perpetual, nonexclusive rights-of-way and easements
necessary for the operation, maintenance and repair of the on-site facilities as described in
Exhibit "C".
DATED this 5th day of February, 1996.
MOHA VE C(~UNTY BOARD OF SUPERVISORS
BY r//,? N#~~ '
~:TA ERFER, C IRMAN
Attest:
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