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1998-166-RES WHEREAS, CITY COUNCIL DID HERETOFORE ON THE 9TH DAY
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1998-166-RES WHEREAS, CITY COUNCIL DID HERETOFORE ON THE 9TH DAY
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Last modified
8/18/2006 4:31:00 PM
Creation date
3/3/2006 3:48:27 PM
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CITY CLERK
Doc Name
1998-166-RES
Doc Type
Resolution
CITY CLERK - Date
12/14/1998
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<br />ADDENDUM NUMBER TWO TO LEASE AGREEMENT <br />DA TED AUGUST 9, 1982, ASSIGNED TO <br />DA VID GLASS <br /> <br />STATE OF TEXAS ) <br />) <br />COUNTY OF LAMAR ) <br /> <br />KNOW ALL MEN BY THESE PRESENTS: <br /> <br />That this "Addendum Number Two to Lease Agreement dated August 9, 1982, assigned <br /> <br />to David Glass," is made this 14th day of December, 1998, by and between the CITY OF PARIS, <br /> <br />PARIS, TEXAS, acting by and through its City Manager, Michael E. Malone, duly authorized, <br /> <br />hereinafter called LESSOR, and DAVID GLASS, hereinafter called LESSEE. <br /> <br />WITNESSETH <br /> <br />It is hereby mutually agreed by LESSOR and LESSEE that the above-described Lease <br /> <br />Agreement be amended as follows: <br /> <br />1. By amending the first two un-numbered paragraphs and adding one un-numbered <br /> <br />paragraph which will be the third un-numbered paragraph, to read as follows: <br /> <br />"For and in consideration of LESSEE increasing, by twenty-five percent <br /> <br />(25 %), the size of the hangar as it exists on December 1, 1998, located on the <br /> <br />leased premises shown in Exhibit "A", attached hereto, and the sum of Eighteen <br /> <br />Thousand And No/lOO Dollars ($18,000.00), payable to the CITY OF PARIS, a <br /> <br />municipal corporation, as follows: $150.00 on or before the 1st day of August, <br /> <br />2017 , with a like payment on or before the 1 st day of each month thereafter <br /> <br />during the remainder of the term hereof; the CITY OF PARIS does hereby lease, <br /> <br />rent, and let unto LESSEE that portion of Cox Field property described on Exhibit <br /> <br />"A," attached hereto and made a part hereof for all legal purposes. <br /> <br />-1- <br /> <br />I:XHJBIT A <br />
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