<br />RESOLUTION NO. 2001-039
<br />
<br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS,
<br />PARIS, TEXAS, APPROVING AND AUTHORIZING THE EXECUTION OF
<br />AN AMENDMENT TO THE EXISTING OPTION AGREEMENT BETWEEN
<br />THE CITY OF PARIS, PARIS, TEXAS, AND MIKE LANE, ASSIGNED TO
<br />THE SOUTHERN DRAG BOAT ASSOCIATION, INC.; AMENDING THE
<br />TERMS THEREOF TO PERMIT THE USE OF LAKE CROOK PARK ON
<br />THE SECOND FULL WEEKEND IN JULY AS OPPOSED TO THE 4TH OF
<br />JULY WEEKEND; MAKING OTHER FINDINGS AND PROVISIONS
<br />RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE.
<br />
<br />WHEREAS, the City of Paris, Paris, Texas, did heretofore, on the 10th day of May, 1999,
<br />in Resolution No. 99-047, authorize the execution of an Option Agreement with Mike Lane for the
<br />use of Lake Crook Park during the 4th of July weekend in the years 2000, 2001, 2002, 2003, and
<br />2004 for the purpose of conducting drag boat races; and,
<br />
<br />WHEREAS, the City Council of the City of Paris did heretofore, on the 9th day of April,
<br />2001, approve the assignment of said Option Agreement from Mike Lane to the Southern Drag Boat
<br />Association, Inc.; and,
<br />
<br />WHEREAS, Mike Lane, as a representative for the Southern Drag Boat Association, Inc.,
<br />has presented a request to the City to amend the terms of said Option Agreement to permit the use
<br />of Lake Crook Park on the second full weekend in July as opposed to the 4th of July weekend in
<br />order to avoid potential weather problems such as those experienced during the 4th of July weekend
<br />in 2000, and the City Council deems it appropriate to approve such amendment; and,
<br />
<br />WHEREAS, the form of the Amendment to Existing Option Agreement between the City
<br />of Paris, Paris, Texas, and Mike Lane, Assigned to Southern Drag Boat Association, Inc., attached
<br />hereto as Exhibit A, should, in all things, be approved, and the Mayor should be authorized to
<br />execute and the Asst. City Clerk to attest to said Amendment; NOW, THEREFORE,
<br />
<br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS,
<br />TEXAS:
<br />
<br />Section 1. That the findings set out in the preamble to this resolution are hereby in all things
<br />approved.
<br />
<br />Section 2. That the form of the Amendment to the Existing Option Agreement between the
<br />City of Paris, Paris, Texas, and Mike Lane, Assigned to Southern Drag Boat Association, Inc.,
<br />attached hereto as Exhibit A, be, and the same is hereby, approved.
<br />
<br />Section 3. That the Mayor be, and he is hereby, authorized and directed to execute, and the
<br />Asst. City Clerk to attest, on behalf of the City of Paris, the Amendment to Existing Option
<br />Agreement, under the terms and conditions and in the form shown in Exhibit A, attached hereto.
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