2001-134-RES APPROVING/AUTHORIZING EXECUTION OF LEASE AGREEMETN WITH RED RIVER VALLEY FAIR ASSN

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RESOLUTION NO. 2001-134 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS, APPROVING AND AUTHORIZING THE EXECUTION OF A LEASE AGREEMENT WITH THE RED RIVER VALLEY FAIR ASSOCIATION, INC. FOR THE BALL PARK FACILITIES KNOWN AS REECE FIELD; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Paris owns the ball park and facilities known as "Reece Field, " which is adjacent to that certain property leased to the Red River Valley Fair Association, Inc. known as the Fair Grounds; and, WHEREAS, the Red River Valley Fair Association, Inc. has requested that said "Reece Field" be made available for its use from August of each year through March of each following year for five (5) years, beginning on August 1, 2001, with the Boys Club of Paris being leased the same for the months of April through July of each year; and, WHEREAS, the City of Paris is desirous of continuing its support of the Red River Valley Fair Association, Inc. and its annual activities; WHEREAS, the form of the Lease Agreement, attached hereto as Exhibit A, should, in all things, be approved, and the Mayor of the City of Paris should be authorized to execute the same; 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 form of the Lease Agreement with the Red River Valley Fair Association, Inc., attached hereto as Exhibit A, be, and the same is hereby, approved. Section 3. That the Mayor of the City of Paris, be, and he is hereby, authorized and directed to execute, on behalf of the City of Paris, the Lease Agreement with the Red River Valley Fair Association, Inc. for the use of "Reece Field" from August of each year through March of each following year for five (5) years, beginning on August 1, 2001, under the terms and conditions and in the form shown in Exhibit A, attached hereto. Section 4. That this resolution shall be effective from and after its date of passage. PASSED AND APPROVED this 27th day of August, 2001. ATTEST: