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1996-06-12-PEDC
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1996-06-12-PEDC
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Last modified
8/18/2006 4:36:00 PM
Creation date
3/6/2001 3:34:58 PM
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CITY CLERK
Doc Name
1996
Doc Type
Minutes
CITY CLERK - Date
6/12/1996
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252 <br /> <br /> ADDENDUM NUMBER ONE TO LEASE WITH PURCHASE OPTION <br /> DATED NOVEMBER 15, 1995, BETWEEN <br /> THE PARIS ECONOMIC DEVELOPMENT CORPORATION <br /> AND BITS INTERNATIONAL COMPANY, DBA BITCO <br /> <br /> STATE OF TEXAS ) <br /> ) <br /> COUNTY OF LAMAR ) <br /> <br /> KNOW ALL MEN BY THESE PRESENTS, that this Addendum Number One to Lease <br /> <br /> with Purchase Option dated November 15, 1995, between the Paris Economic Development <br /> <br /> Corporation and Bits International Company, dba Bitco, is made this 12th day of June, 1996, <br /> <br /> by and between the PARIS ECONOMIC DEVELOPMENT CORPORATION, by and through <br /> <br /> its President, Philip R. Cecil, duly authorized, hereinafter called PEDC, and BITS <br /> <br /> INTERNATIONAL COMPANY, dba BITCO, by and through its President, Charles D. <br /> <br /> Rhoades, duly authorized, hereinafter called BITCO. <br /> <br /> WITNESSETH <br /> <br /> It is hereby mutually agreed by and between PEDC and BITCO that Paragraph 2 of the <br /> <br /> Lease with Purchase Option be amended to read as follows: <br /> <br /> "2. That this Lease is subject to all the terms, provisions and conditions <br /> of the deed of conveyance of such premises from the Paris, Texas Industrial <br /> Foundation, Inc., dated January 4, 1996, and recorded in Volume 580, Page 1, <br /> Deed Records, Lamar County, Texas, to which reference is made for all <br /> necessary purposes. This Lease is further subject to all applicable provisions of <br /> the Development Corporation Act of 1979." <br /> <br /> 1 <br /> <br /> EXHIBIT A <br /> <br /> <br />
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