1997-047-RES WHEREAS, CITY COUNCIL DID HERETOFORE ON THE 14TH DAY OF APRIL 1997

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RESOLUTION NO. 97-047 WHEREAS, the City Council of the City of Paris did heretofore, on the 14th day of April, 1997, in Resolution No. 97-043, authorize the advertisement for bids for leasing the amusement park area of Culbertson Park, which bids were received until 10:00 a.m., Monday, May 12, 1997; and, WHEREAS, the best bid for such lease was made by Mike Grigsby, and he should be awarded the bid for the same; and, 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, Eric S. Clifford, should be authorized to execute the same; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OJ;' THE CITY OF PARIS, that the bid of Mike Grigsby for the lease of the amusement park area of Culbertson Park, in the amount of ten percent (10%) of the gross receipts accruing to and from the operation of the amusement center, be, and the same is hereby, accepted and let; and, BE IT nJRTHER RESOLVED, that the form of the Lease Agreement between the City of Paris and Mike Grigsby, attached hereto as Exhibit A, be, and the same is hereby, approved; and, BE IT }'URTHER RESOLVED, that the Mayor of the City of Paris, Eric S. Clifford, be, and he is hereby, authorized and directed to execute, on behalf of the City of Paris, the Lease Agreement with Mike Grigsby upon the terms and conditions and in the form shown in Exhibit A, attached hereto. PASSED AND ADOPTED this 12th day of May, I ~ ATTEST: Mattie Cunningham, City Cler APPROVED ~- T. K. Haynes, City Attorney