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10 - Red River Valley Veterans Memorial Lease Amendment
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10 - Red River Valley Veterans Memorial Lease Amendment
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aggregate; (ii) the governing body of CITY does not include the chief executive officer (or a person <br />with equivalent management responsibilities) of CHAMBER or the chairperson (or equivalent <br />executive) of CHAMBER's governing body; and (iii) the chief executive officer of CHAMBER is <br />not the chief executive officer of CITY or any of the qualified user's related parties (within the <br />meaning of section 1.150-1(b) of the U.S. Treasury Regulations). CHAMBER and CITY agree <br />to make a good -faith effort to amend this Agreement, to the extent necessary to ensure compliance <br />with the GUIDELINES. In no event will the term of this Agreement exceed the lesser of 30 years <br />or 80 percent of the weighted average reasonably expected economic life of the VCC. <br />IN WITNESS WHEREOF, the parties hereto have executed and delivered this Lease <br />as of the date and year first set forth above written. <br />EXECUTED day of 2019, by the CITY OF PARIS, <br />TEXAS and the LAMAR COUNTY C OF COMMERCE. acting by and through <br />their authorized representatives. <br />CITY OF PARIS, TEXAS <br />14 <br />fly <br />jrl(rWi ' Godwin, City Manager <br />ATTEST: <br />p <br />Ellis, City Clerk <br />LAMAR COUNTY CHAMBER <br />OF COMMERCE <br />e <br />By:•._, <br />P N ul Allen, President <br />8JXEST: <br />Dr. �Lmda Kapp , =h.� e ai_.........._. �. <br />rperson <br />
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