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2010-044 RES APPROVING AND AUTHORIZING EXECUTION OF LEASE AGREEMENT BETWEEN THE CITY AND GREATER PARIS DEV FOUNDATION
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2010-044 RES APPROVING AND AUTHORIZING EXECUTION OF LEASE AGREEMENT BETWEEN THE CITY AND GREATER PARIS DEV FOUNDATION
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8/21/2012 12:12:46 PM
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3/26/2010 9:57:54 AM
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CITY CLERK
Doc Name
2010-044
Doc Type
Resolution
CITY CLERK - Date
3/22/2010
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RESOLUTION NO. anin-nu <br />A RESOLUTION OF THE CITY COUIIICIL OF THE CITY OF PARIS, TEXAS, <br />APPROVING AND AUTHORIZING THE EXECUTION OF A LEASE <br />AGREEMENT BETWEEN THE CITY OF PARIS AND THE GREATER PARIS <br />DEVELOPMENT FOUNDATION, INC., A NON-PROFIT CORPORATION OF <br />THE STATE OF TEXAS, FOR THE WEST EXTENSION OF THE PROPERTY <br />K1VOWIV AS TRAIL DE PARIS FROM 12TH STREET SE WEST TO gTH <br />STREET SE AND THE EAST EXTENSION FROM OLD CLARKSVILLE ROAD <br />EAST TO THE CITY LIMITS LINE OF THE CITY OF PARIS; MAKING OTHER <br />FINDIIVGS AND PROVISIOIVS RELATED TO THE SUBJECT; AND <br />DECLARING AN EFFECTIVE DATE. <br />WHEREAS, the Greater Paris Development Foundation, Inc. obtained from Missouri <br />Pacific Railroad Company by Line Donation Contract dated April 26, 1999, two tracts of <br />abandoned railroad right-of-way between 12th Street SE to 81h Street SE and from Old <br />Clarksville Road to the city limit line of the City of Paris; and, <br />WHEREAS, the Mayor of the City of Paris did heretofore, on the 14th day of <br />February, 2004, execute a Letter of Support for the Trail de Paris Project in the City of <br />Paris; and, <br />WHEREAS, the Greater Paris Development Foundation, Inc. is desirous of leasing <br />additional property to the Ciry of Paris for the further extension of Trail de Paris and the <br />City of Paris is desirous of accepting the same from the Greater Paris Development <br />Foundation, Inc.; and, <br />WHEREAS, the Lease Agreement is for two tracts of abandoned railroad <br />right-of-way with Tract One being the West Extension of Trail de Paris, described as <br />approximately 1.79 acres of right-of-way between 12th Street SE and 8t" Street SE, and <br />Tract Two being the East Extension of Trail de Paris, described as one hundred foot (100') <br />wide right-of-way from Old Clarksville Road east a distance of 1,475 feet to the city limit <br />line; and, <br />WHEREAS, the form of Lease Agreement, attached hereto as Exhibit A, should, in all <br />things, be approved and accepted; <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />PARIS, TEXAS: <br />Section 1. That the findings set out in the preamble to this resolution are hereby <br />in all things approved. <br />Section 2. That the form of the Lease Agreement between The Greater Paris <br />Development Foundation, Inc. and the City of Paris, attached hereto as Exhibit A, for the <br />West Extension of Trail de Paris described as approximately 1.79 acres of right-of-way <br />
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