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11 - Lake Gibbons Pasture Lease Agreement Renewal
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11 - Lake Gibbons Pasture Lease Agreement Renewal
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persons or property being expressly waived by LESSEE. <br />12. That the LESSOR may, without penalty and at its sole option, and following <br />thirty (30) days written notice to LESSEE, terminate this Lease as to the entire tract, or any <br />part thereof, which may be necessary, in the event the LESSOR desires to use the Leased <br />Premises, or any portion thereof, for any governmental, municipal or recreational purpose. <br />In such event, LESSEE shall receive a pro rata reimbursement of any prepaid Rental Fees <br />based on time remaining and/or property remaining under this Lease. <br />13. In the event LESSEE shall keep each and every covenant and agreement <br />contained herein and do and perform all the obligations required of him hereunder during <br />the primary term of this Lease, an option is hereby given and granted to LESSEE to renew <br />and extend this Lease for an additional period of five (5) years from and after the <br />expiration of the Initial Term of the Lease, for and in consideration of a mutually agreed <br />upon Rental Fee amount. LESSEE must notify LESSOR in writing of LESSOR's <br />intention to renew said lease on or before the 31st day of January, 2023. <br />14. Any notice required by this Agreement shall be in writing and may be delivered in <br />person or by certified mail, return receipt requested addressed accordingly: <br />LESSOR <br />City Manager <br />City of Paris <br />P. O. Box 9037 <br />Paris, TX 75461-9037 <br />wthwwa cup to: <br />City Clerk <br />City of Paris <br />P. O. Box 9037 <br />Paris, TX 75461-9037 <br />Pasture Lease Agreement - Page 6 <br />LESSEE <br />Briana Williamson <br />5796 38 N <br />Brookston, Texas 75421 <br />
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