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<br />building, all of which will be particularly described in CITY'S Certificate of <br />Completion prepared after the completion and installation of the improvements and <br />machinery herein described which shall be furnished to and filed with the Chief <br />Appraiser of the Lamar County Appraisal District. Said Certificate shall be duly <br />executed by the Mayor of the City of Paris and attached hereto as Exhibit C. The <br />improvements described in this paragraph shall be hereinafter referred to as <br />IMPROVEMENTS. The IMPROVEMENTS will be at a cost equal to or in excess <br />of $820,400.00, and shall be substantially completed on or about October 1, 2001; <br />provided, that OWNER shall have such additional time to complete the <br />IMPROVEMENTS as may be required in the event of "force majeure" if OWNER <br />is diligently and faithfully pursuing completion of the IMPROVEMENTS. For this <br />purpose, "force majeure" shall mean any contingency or cause beyond the reasonable <br />control of OWNER including, without limitation, acts of God, or the public enemy, <br />any natural disaster, war, riot, civil commotion, insurrection, governmental or de <br />facto governmental action, unless caused by acts or omissions of OWNER, fires, <br />explosions, accidents, floods, and labor disputes or strikes. The date of completion <br />of the IMPROVEMENTS shall be defined as the date a Certificate of Occupancy is <br />issued by the City of Paris." <br /> <br />EXECUTED on this the 11th day of June, 2001. <br /> <br />CITY OF PARIS, PARIS, TEXAS <br /> <br />By: <br /> <br />Michael J. Pfiester, Mayor <br /> <br />ATTEST: <br /> <br />Mattie Cunningham, City Clerk <br /> <br />APPROVED AS TO FORM: <br /> <br />Larry W. Schenk, City Attorney <br /> <br />Page 2 of 3 <br />