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2003-034-RES APPROVE NEW SUBLEASE AGREEMENT BETWEEN PARIS RODEO AND HORSE CLUB CONCESSION STAND
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2003-034-RES APPROVE NEW SUBLEASE AGREEMENT BETWEEN PARIS RODEO AND HORSE CLUB CONCESSION STAND
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Last modified
8/18/2006 4:27:57 PM
Creation date
3/10/2003 9:18:31 PM
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CITY CLERK
Doc Name
2003
Doc Type
Resolution
CITY CLERK - Date
2/10/2003
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<br />PARIS RODEO & HORSE CLUD <br /> <br />CONCESSION LEASE AGREEMENT <br /> <br />I. \)e.1 e ~ha. Je.. ffe~L (lessee), am entering into this contract <br />with .the Paris Rodeo and Horse CI essor) to lease the concession stand from March through the last <br />playday of the season. <br /> <br />I am leasing under the following conditions: <br /> <br />I. The lessee may have one (I) deep freeze and one (I) refrigerator using the electricity for the time <br />mentioned above. <br />2. The lessee must furnish a key to each lock inside and outside of the concession stand to the President <br />of the Paris Rodeo and Horse Club. <br />3. The lessee must furnish an insUrance policy of $500,000 combined single limited policy that includes <br />the insured as the City of Paris, lessee, Paris Rodeo and Horse Club and the Red River Valley Fair <br />Association. <br />4. At anytime, if the Paris Rodeo and Horse Club directors' feel there could be a better way to run the <br />concession stand or relieve congestion around the concession stand, these suggestions will be offered <br />to lessee. <br />5. The lessee agrees upon 10 days prior to a major event all utilities and other equipment deemed <br />necessary for fully covering the event may be turned on. Immediately after the event, all but the deep <br />freeze and refrigerator should be turned off. . <br />6. After the last playday of the year, all utilities must be turned off until the beginning of the next year. <br />7. Paris Rodeo and Horse Club prefers that the lessee have 2 areas away from the concession area for <br />event attendees to purchase drinks only. <br />8. Lessee agrees to pay the lessor 20% of the gross income of concession sales. 1his amount is to be paid <br />at the end of the event year. <br />9. Arena Tenants may be allowed to conduct a free-standing concession stand provided Tenant agrees to <br />pay full-time concessionaire the sum of $500 per day. Proof of insurance must be provided for <br />concession stand to Landlord, the City of Paris and the Red River Valley Fair Association. Tenant also <br />agrees to pay Paris Rodeo and Horse Club the sum of $50 for each electrical hookup required in the <br />concession area(s). <br />10. Failure to comply with the above agreement which constitutes a default of the agreement and at lessors <br />discretion can take appropriate steps deemed necessary. Any expenses incurred by the Paris Rodeo <br />and Horse Club to return property to the original state will be paid by the lessee. <br /> <br />1his agreement is agreed upon ~s l'lR <br /> <br />day of D ~ <br /> <br />ACrftJlLCLJ 4\ 1 <br /> <br />Lessee (" <br /> <br />4d ;g,-t!- <br /> <br />Paris Rodeo and Horse Club <br /> <br />EXHIBIT .A. <br />
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