09-E Tower Lease - Cox Com - Laserfiche WebLink

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LEASE AGREEMENT STATE OF TEXAS § COUNTY OF LAMAR § This lease agreement (the "Lease" or the "Agreement") in duplicate made and entered into by and between the CITY OF PARIS, a municipal corporation, hereinafter called Lessor and COX SOUTHWEST HOLDING, L.P., hereinafter called Lessee, WITNESSETH: 1. That the leased premises consist of the following described property of Lessor, located in Lamar County, Texas, being a part of what is commonly known as the Legion Airport properties located West of North West 19th Street in the City of Paris, Texas, and bounded as follows: Beginning at a point in a fence line and an E. B. Line of said Legion Airport properties, which point is 1103 feet West and 960 feet South of the most Easterly S. E. corner of said Legion Airport properties, said corner being on the W. B. Line of 19th N. W. Street; Thence South with said fence and boundary line 600 feet to a S. E. corner of said Airport property; Thence in a Westerly direction along a South Boundary Line of said Airport property, a distance of 670 feet, more or less, a pin in an ell comer of said Airport property; Thence North 9 Deg. 5 Min. West with an existing fence line a distance of 600 feet, more or less, a pin; Thence N. 80 Deg. 25 Min. E. a distance of 654 feet, more or less to the place of beginning, containing 9.1 acres, more or less. 2. The term of this Lease shall be for one (1) year, beginning on the 1 st day of October, 2005, and ending on the 30th day of September, 2006, automatically renewable thereafter on October 1, the anniversary date thereof, for twenty-four (24) additional one (1) year terms, ending finally on the 30th day of September 2030; provided however, the City may terminate this Agreement prior to the automatic renewal of any annual term by giving written notice of termination to Lessee at least sixty (60) days in advance of the anniversary date thereof. -1- EXHIBIT .A. T .