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DRAFT <br /> <br />LISA~RESOLUTIONS\CURRENT\Smyers - Lease Res <br /> March 23, 2001 <br /> <br />RESOLUTION NO. <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, <br />PARIS, TEXAS, AWARDING A LEASE TO JIMMY D. SMYERS AS THE <br />HIGHEST AND BEST BIDDER FOR THE LEASE OF HANGAR H AT COX <br />FIELD AIRPORT; MAKING OTHER FINDINGS AND PROVISIONS <br />RELATED TO THE SUBJECT; AND PROVIDING FOR AN EFFECTIVE <br />DATE. <br /> <br /> WHEREAS, the City Council of the City of Paris did heretofore, on the 12th day of <br />February, 2001, in Resolution No. 2001-014, authorize the advertisement for bids for the lease of <br />Hangar H at the Cox Field Airport, which bids were received until 3:00 o'clock p.m. on Tuesday, <br />March 6, 2001; and, <br /> <br /> WHEREAS, the City Council of the City of Paris did heretofore, on the 12th day of March, <br />2001, in Resolution No. 2001-023, designate that the best bid for such lease was made by Jimmy D. <br />Stayers of Powderly, Texas, in the amount of $875.00 per month for a term often (10) years; and, <br /> <br /> WHEREAS, in accordance with the terms of the lease with J. B. Richey, such bid was <br />subsequently forwarded to Mr. Richey as the holder of a right-of-first-refusal for the lease of Hangar <br />H in order that he be given the opportunity to match such bid; and, <br /> <br /> WHEREAS, J. B. Richey has declined to exercise his right-of-first-refusal for such lease, <br />therefore, it is deemed appropriate that the lease of Hangar H be awarded to Jimmy D. Smyers; <br />NOW, THEREFORE, <br /> <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, <br />TEXAS: <br /> <br /> Section 1. That the findings set out in the preamble to this resolution are hereby in all things <br />approved. <br /> <br /> Section 2. That the lease of Hangar H be and the same is hereby awarded to Jimmy D. <br />Smyers of Powderly, Texas, for the amount of $875.00 per month for a period often (10) years, to <br />be effective May 1,2001. <br /> <br /> Section 3. That the form of the Lease Agreement with Jimmy D. Smyers, attached hereto <br />as Exhibit A, be and the same is hereby approved. <br /> <br /> <br />