Laserfiche WebLink
shall and must be written and issued by a reputable insurance company or companies, with <br />LESSOR as an additional insured, subject to approval by the Ciry Attorney of the City of Paris, <br />and LESSEE or his insurance carrier or carriers shall deliver a copy of any such policies to the <br />City Clerk of the Ciry of Paris, 150 lst Street S.E., Paris, Texas 75460, or furnish ro said City <br />Clerk a current letter or certificate from such company or companies, evidencing the fact that such <br />insurance is in full force and effect at all times during this Lease, and any extension hereof, and <br />specifically noting thereon that LESSOR is an additional insured. All such policies shall be <br />written so that the LESSOR will be notified of cancellation or of any restrictive amendinent of the <br />policies at least thirty (30) days prior to the effective date of such cancellation or amendment. <br />Notice shall be by certified mail, return receipt requested, addressed to the LESSOR at the <br />following address: City Clerk, City of Paris, P. O. Box 9037, Paris, Texas 75461-9037. <br />14. LESSEE will not rent the premises, or any part thereof, for aircraft storage unless <br />a permit under Article II, Chapter 6 of the Code of Ordinances of Che City of Paris, has been <br />issued to them for that specific purpose. <br />15. That LESSEF, will not use, or permit the use of, said premises, ar any part thereof, <br />for any purpose which is determined dangerous or hazardous to the airpart operation by Airport <br />Manaeer. <br />16. Should LESSEE default in, or fail or refuse to keep any of the covenants, <br />conditions, stipulations and/or provisions herein contained, notice hereof shall be given in writing <br />to LESSEE by LESSOR's Airport Manager, ;ivin(y LESSEE thirty (30) days to correct such <br />discrepancy, and, in the event such default, failure or refusal is not corrected within said thirry <br />(30) day period, a second notice, in writir.g, by certified mail, affording a hearulg before the <br />Airport Advisory Board, on a day certain, shall be given to LESSEE by LESSOR's Airport <br />Manaaer. After affording LESSEE such hearing, the Airport Advisory Board shall recommend <br />to the City Council that the Lease continue or be terminated, and thereafter the Ciry Council shall <br />take such action as it deems necessary. <br />17. That the LESSOR may, at its option, terminate this Lease as to the entire tract, or <br />any part thereof, which may be necessary, in the event the LESSOR desires to use the property, <br />or any portion thereof, for necessary municipal functions, such as extension of runways or erection <br />Lease Aareement - page ~ <br />