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06-B-Lease - 1231 N. Main
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March 26, 2001
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06-B-Lease - 1231 N. Main
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Last modified
11/8/2005 11:22:21 AM
Creation date
3/23/2001 9:16:46 PM
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Template:
AGENDA
Item Number
6-B
AGENDA - Type
LEASE RESOLUTION
Description
Award Lease on 1231 N. Main Street
AGENDA - Date
3/26/2001
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LEASE AGREEMENT <br /> <br />COUNTY OF LAMAR } <br /> } KNOW ALL MEN BY THESE PRESENTS: <br />STATE OF TEXAS } <br /> <br /> THIS LEASE AGREEMENT is made this 26th day of March, 2001, by and between the <br />CITY OF PARIS, PARIS, TEXAS, a municipal corporation, acting by and through its Mayor, <br />Michael J. Pfiester, duly authorized, hereinafter referred to as LESSOR, and ALLEN PHILLIPS, P. <br />O. Box 6211, Paris, Lamar County, Texas 75462, hereinafter referred to as LESSEE, <br /> <br /> WITNESSETH <br /> <br /> For and in consideration of the payment of the sum of THREE THOUSAND AND NO/100 <br />DOLLARS ($3,000.00) per year, payable to the CITY OF PARIS, a municipal corporation, as <br />follows: $250.00 on or before April 15, 2001, with a like payment on or before the 1st day of each <br />month thereafter during the remainder of the term hereof, said CITY OF PARIS does hereby lease, <br />rent, and let unto ALLEN PHILLIPS that certain property located on part of Lots 6 and 7, City <br />Block 25 lA, being number 1231 N. Main Street, Paris, Texas, more fully described on Exhibit A, <br /> <br />1. TERM <br /> <br />attached hereto and made a part hereof. <br /> <br /> The term of this lease is for one (1) year, beginning on the 1 st day of April, 2001, and ending <br />on the 14th day of April, 2002, at which time and on which date the same shall terminate, unless <br />sooner terminated as herein specified and provided, during which time LES SEE may and shall occupy <br />the same and use the same as an automobile sales lot, and for no other purpose. <br /> <br /> It is further agreed by LESSOR and LESSEE that LESSEE shall have the option to renew <br />such Lease for an additional period of one (1) year, the rental for the renewal to be in the sum of <br />THREE THOUSAND AND NO/100 DOLLARS ($3,000.00), payable to the CITY OF PARIS, a <br /> <br />EXHIBIT A Lease Agreement...Page 1 <br /> <br /> <br />
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