2000-026-RES DESIGNATING THE HIGHEST AND BEST BIDDER

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RESOLUTION NO. 2000-026 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS, DESIGNATING THE HIGHEST AND BEST BIDDER }'OR THE LEASE OF HANGAR H AT COX FIELD AIRPORT; PROVIDING THAT THE HOLDER OF A RIGHT-O}'-FIRST-REFUSAL FOR THE LEASE OF SAID HANGAR BE GIVEN THE OPPORTUNITY TO MATCH THE BEST AND HIGHEST BID; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Paris did heretofore, on the 14th day of February, 2000, in Resolution No. 2000-018, authorize the advertisement for bids for the lease of Hangar H at the Cox Field Airport, which bids were received until 3:00 o'clock p.m. on Tuesday, March 7,2000; and, WHEREAS, by contract, the City Council must determine and designate the best bid for such lease and subsequently forward such bid to the holder ofa right-of-first-refusal for the lease of Hangar H, same being 1. B. Richey, in order that he may be given the opportunity to match such bid; and, WHEREAS, following a thirty (30) day period for exercise of the right-of-first-refusal, the City Council will determine the party to whom the lease agreement should be awarded; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS: Section 1. That the findings set out in the preamble to this resolution are hereby in all things approved. Section 2. That the bid of Progressive Marketing Group of Addison, Texas, in the amount of$I,500.00 per month for a period offive (5) years, be, and the same is hereby, determined to be the highest and best bid for the lease of Hangar H Section 3. That the holder of the right-of-first-refusal for the lease of Hangar H, same being 1. B. Richey, be given the opportunity to match the bid within thirty (30) days. Section 4. That following the expiration of said thirty (30) day period for exercise of the right-of-first-refusal, the City Council shall determine to whom the lease should be awarded. Section 5. That this resolution shall be effective from and after its date of passage.