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<br />RESOLUTION NO. 99-136
<br />
<br />WHEREAS, the City Council of the City of Paris did heretofore, on the 12th day of
<br />February, 1990, in Resolution No. 90-010, authorize the execution of a Lease Agreement with
<br />James M. Wrenn for property at Cox Field Airport for a term of five (5) years, beginning March
<br />1, 1990, and ending February 28, 1995, with a five (5) year option ending February 28, 2000;
<br />and,
<br />
<br />WHEREAS, the City Council of the City of Paris did heretofore, on the 13th day of
<br />February, 1995, in Resolution No, 95-028, accept an exercise of option from James M. Wrenn
<br />to extend the term of said lease an additional five (years), expiring on February 28, 2000; and,
<br />
<br />WHEREAS, James M. Wrenn has expressed his desire to assign said lease to Eric S.
<br />Clifford, and Eric S, Clifford has expressed his desire to accept such assignment; and,
<br />
<br />WHEREAS, the form of the Assignment of Lease from James M, Wrenn to Eric S,
<br />Clifford, attached hereto as Exhibit A, should, in all things be approved, and the City Manager,
<br />Michael E, Malone, should be authorized to acknowledge approval of said assignment by signing
<br />the same; NOW, THEREFORE,
<br />
<br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, that the
<br />form of the Assignment of Lease from James M. Wrenn to Eric S. Clifford, attached hereto as
<br />Exhibit A, for property at Cox Field Airport, be, and the same is hereby, approved; and,
<br />
<br />BE IT FURTHER RESOLVED, that the City Manager, Michael E. Malone, be, and he
<br />is hereby, authorized and directed to acknowledge approval, on behalf of the City of Paris, of the
<br />Assignment of Lease from James M. Wrenn to Eric S. Clifford by signing the same in the form
<br />shown in Exhibit A, attached hereto.
<br />
<br />PASSED AND ADOPTED this 8th day of November, 1999.
<br />
<br />C 7C j
<br />
<br />Charles H. Neeley,
<br />
<br />
<br />ATTEST:
<br />
<br />
<br />
<br />Mattie Cunningham, City Clerk
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