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06-H Cox Cable Tower Lease Amended
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06-H Cox Cable Tower Lease Amended
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Last modified
2/9/2006 2:39:01 PM
Creation date
2/9/2006 2:38:42 PM
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AGENDA
Item Number
06-H
AGENDA - Type
RESOLUTION
Description
Cox Cable Tower Lease Amended
AGENDA - Date
2/13/2006
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<br />AMENDED LEASE AGREEMENT <br /> <br />STATE OF TEXAS ~ <br /> <br />COUNTY OF LAMAR ~ <br /> <br />This amended lease agreement (the "Lease" or the "Agreement") in duplicate made and <br /> <br />entered into by and between the CITY OF PARIS, a municipal corporation, hereinafter called Lessor <br /> <br />and COX SOUTHWEST HOLDING, L.P., hereinafter called Lessee, WITNESSETH: <br /> <br />1. That the leased premises consist of the following described property of Lessor, located in <br /> <br />Lamar County, Texas, being a part of what is commonly known as the Legion Airport <br /> <br />properties located West of North West 19th Street in the City of Paris, Texas, and bounded <br /> <br />as follows: <br /> <br />Beginning at a point in a fence line and an E. B. Line of said Legion Airport <br />properties, which point is 1103 feet West and 960 feet South ofthe most Easterly S. <br />E. corner of said Legion Airport properties, said corner being on the W. B. Line of <br />19th N. W. Street; Thence South with said fence and boundary line 600 feet to as. <br />E. corner of said Airport property; Thence in a Westerly direction along a South <br />Boundary Line of said Airport property, a distance of 670 feet, more or less, a pin in <br />an ell corner of said Airport property; Thence North 9 Deg. 5 Min. West with an <br />existing fence line a distance of 600 feet, more or less, a pin; Thence N. 80 Deg. 25 <br />Min. E. a distance of 654 feet, more or less to the place of beginning, containing 9.1 <br />acres, more or less. <br /> <br />2. The term of this Lease shall be for five (5) years, beginning on the 1 st day of October, 2005, <br /> <br />and ending on the 30th day of September, 2010, automatically renewable thereafter on <br /> <br />October 1, the anniversary date thereof, for four (4) additional five (5) year terms, ending <br /> <br />finally on the 30th day of September 2030; provided however, the City may terminate this <br /> <br />Agreement prior to the automatic renewal of any annual term by giving written notice of <br /> <br />termination to Lessee at least sixty (60) days in advance of the anniversary date thereof. <br /> <br />3. The initial annual rent due and payable to Lessor by Lessee, for the lease of the above <br /> <br />Amended Lease Agreement - Page 1 <br /> <br />EXHIBIT A <br /> <br />"" "-,, -T" <br />
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