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RESOLUTION NO. 2011-080 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, <br />APPROVING THE GROUNDS SUBLEASE AGREEMENT BETWEEN THE RED <br />RIVER VALLEY FAIR ASSOCIATION AND THE PARIS RODEO AND HORSE <br />CLUB; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE <br />SUBJECT; AND PROVIDING AN EFFECTIVE DATE. <br />WHEREAS, the Red River Valley Fair Association has requested approval from the <br />Paris City Council to enter into a ten (10) year grounds sublease agreement with the Paris <br />Rodeo and Horse Club in the form shown in Exhibit "A", attached hereto; and, <br />WHEREAS, the sublease agreement covers the rodeo arena at the Fairgrounds and <br />provides for the Paris Rodeo and Horse Club to continue putting on their annual summer <br />rodeo. <br />WHEREAS, it would be in the best interests of the City and the citizens of Paris that <br />such grounds sublease agreement be approved, and the Mayor should be authorized to <br />acknowledge approval of said sublease by signing same; <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 Red River Valley Fair Association be, and it is hereby, granted <br />approval to enter into the grounds sublease agreement with the Paris Rodeo and Horse <br />Club in the form shown in Exhibit "A", attached hereto. <br />Section 3. That the Mayor be, and he is hereby, authorized and directed to <br />execute all documents necessary to demonstrate the City Council's approval of the grounds <br />sublease agreement. <br />Section 4. That this resolution shall be effective from and after its date of passage. <br />PASSED AND APPROVED this 26th day of September, 40,11. <br />A.J. Hakhmi; M.D.,Aayor <br />1 <br />