1995-114-RES WHEREAS, CITY COUNCIL HAS RECEIVED A REQUEST FROM BILLY W AND DONNA J WINTERS

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LEASE AGREEMENT STATE OF TEXAS ) ) ) KNOW ALL MEN BY THESE PRESENTS: COUNTY OF LAMAR THIS LEASE AGREEMENT is made this 9th day of October, 1995, by and between the CITY OF PARIS, PARIS, TEXAS, a municipal corporation, acting by and through its City Manager, Michael E. Malone, duly authorized, hereinafter referred to as LESSOR, and BILLY W. WINTERS and DONNA J. WINTERS, 1825 F.M. Road 195, Paris, Lamar County, Texas, hereinafter referred to as LESSEES. WITNESSETH For and in consideration of the payment of the sum of THIRTY-THREE THOUSAND SIX HUNDRED AND NOnOO DOLLARS ($33,600.00), payable to the CITY OF PARIS, a municipal corporation, as follows: $280.00 on or before October 15, 2020, with a like payment on or before the 1 st day of each month thereafter during the remainder of the term hereof, said CITY OF PARIS does hereby lease, rent and let unto BILLY W. WINTERS and DONNA 1. WINTERS, that portion of Cox Field property described in Exhibit "A", attached hereto and made a part hereof for all legal purposes. The term of this Lease is for THIRTY-FIVE (35) years, beginning on the 15th day of October, 1995, and ending on the 14th day of October, 2030. It is further agreed to by LESSOR and LESSEES that LESSEES shall have the option to renew such Lease for an additional period of TEN (10) years, the rental for the renewal to be based on the fair market value at the time of renewal, being October 15, 2030. IN CONSIDERATION HEREOF, it is mutually agreed by and between LESSOR and LESSEES: 1. That LESSEES pay to LESSOR, or order, at the City Hall in the City of Paris, the agreed rental in advance, promptly and without neglect, default and delay. 2. That this Lease is subject to all the terms, provisions and conditions of the deed