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09-E Assignment of Hangar Lease
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09-E Assignment of Hangar Lease
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Last modified
3/24/2006 11:53:16 AM
Creation date
3/23/2006 10:50:21 AM
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Template:
AGENDA
Item Number
09-E
AGENDA - Type
RESOLUTION
Description
Assignment of Hangar Lease at Cox Field from Winters to Fasken
AGENDA - Date
3/27/2006
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<br />ASSIGNMENT OF LEASE <br /> <br />STATE OF TEXAS ~ <br />~ <br />COUNTY OF LAMAR ~ <br /> <br />KNOW ALL MEN BY THESE PRESENTS: <br /> <br />We, Billy W. Winters and Donna J. Winters, of Paris, Lamar County, Texas, for and in <br /> <br />consideration of the sum of TEN AND NO/lOO DOLLARS ($10.00) and other good and <br /> <br />valuable consideration to us in hand paid by Andy Fasken of Lamar County, Texas, the receipt <br /> <br />and sufficiency of which is hereby acknowledged, do hereby assign, transfer, and convey unto <br /> <br />Andy Fasken that portion of Cox Field Airport shown on Exhibit A to the Lease Agreement <br /> <br />dated February 12, 1996, by and between the City of Paris, Paris, Texas, and Billy W. Winters <br /> <br />and Donna J. Winters, a copy of which is attached hereto as Exhibit A, together will all of our <br /> <br />rights, obligations, and responsibilities thereunder. <br /> <br />To have and to hold the described property for and during the remainder of the term of <br /> <br />said lease attached hereto as Exhibit A. <br /> <br />EXECUTED this _ day of , 2006. <br /> <br />Billy W. Winters <br /> <br />Donna J. Winters <br /> <br />ACCEPTANCE OF ASSIGNMENT <br /> <br />I, Andy Fasken, Assignee in the above assignment, do hereby covenant and agree to <br />assume and accept the obligations and responsibilities of Assignor above under the above- <br />referenced lease agreement attached hereto as Exhibit A. <br /> <br />Andy Fasken <br /> <br />EXHIBIT A. <br />
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