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1995-086-RES WHEREAS, CITY COUNCIL DID HERETOFORE ON THE 11TH DAY OF MAY 1992
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1995-086-RES WHEREAS, CITY COUNCIL DID HERETOFORE ON THE 11TH DAY OF MAY 1992
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Last modified
8/18/2006 4:32:06 PM
Creation date
4/7/2005 2:02:27 AM
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CITY CLERK
Doc Name
1995
Doc Type
Resolution
CITY CLERK - Date
8/14/1995
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<br />ADDENDUM NUMBER ONE TO PASTURE LEASE AGREEMENT <br />DATED MAY 11,1992, BETWEEN CAREY EATHERLY <br />AND THE CITY OF PARIS, PARIS, TEXAS <br /> <br />STATE OF TEXAS ) <br />) <br />COUNTY OF LAMAR ) <br /> <br />KNOW ALL MEN BY THESE PRESENTS, that this Addendum Number One to <br /> <br />Pasture Lease Agreement dated May II, 1992, between Carey Eatherly and the City of Paris, <br /> <br />Paris, Texas, is made this 14th day of August, 1995, by and between Carey Eatherly, hereinafter <br /> <br />called LESSEE, and the City of Paris, Paris, Texas, acting by and through its Mayor, Eric S. <br /> <br />Clifford, duly authorized, hereinafter called LESSOR. <br /> <br />WITNESSETH <br /> <br />It is hereby mutually agreed by and between LESSOR and LESSEE that paragraphs 21 <br /> <br />and 22 be added to said Lease Agreement so that such shall read as follows: <br /> <br />"21. In the event that LESSEE exercises the first option herein granted, <br /> <br />which would end May 14, 2002, and in the event that LESSEE keeps each and <br /> <br />every agreement contained herein and does and performs all the obligations <br /> <br />required of LESSEE hereunder, and in the event that LESSEE sews one hundred <br /> <br />twenty-five (125) acres of the leased property with common bermuda grass during <br /> <br />the term of the first option herein granted, a second option is hereby given and <br /> <br />granted to LESSEE to renew and extend this lease for an additional period of five <br /> <br />(5) years from and after the expiration of the first option herein granted in <br /> <br />paragraph 20, above. Said option may be exercised by LESSEE giving notice, <br /> <br />in writing, on or before the 1st day of January, 2002, of LESSEE's completion <br /> <br />or intention to complete said planting of 125 acres of common bermuda grass <br /> <br />before the expiration of the first option herein granted. <br /> <br />"22. In the event that LESSEE exercises the second option herein <br /> <br />granted, which would end May 14, 2007, and in the event that LESSEE keeps <br />
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