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RESOLUTION NO. 2012-046 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, <br />APPROVING A NEW LEASE AGREEMENT BETWEEN THE CITY OF PARIS, <br />TEXAS AND CAREY EATHERLY FOR 698.9 ACRES OF LAND AT COX FIELD <br />AIRPORT IN THE CITY OF PARIS, LAMAR COUNTY TEXAS; AUTHORIZING <br />THE MAYOR TO NEGOTIATE AND EXECUTE ALL NECESSARY <br />DOCUMENTS; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO <br />THE SUBJECT; AND PROVIDING AN EFFECTIVE DATE. <br />WHEREAS, Carey Eatherly an individual desires to enter into a new Lease <br />Agreement with the City of Paris for 698.9 acres of land at Cox Field Airport in the City of <br />Paris, Lamar County Texas; and, <br />WHEREAS, the City Council of the City of Paris hereby finds that it is in the best <br />interest of the City of Paris and its citizens to enter into a new Lease Agreement and does <br />hereby authorize the Mayor to execute all documents necessary to effectuate the Lease <br />Agreement with Carey Eatherly, for the 698.9 acres of land identified in the Lease <br />Agreement attached hereto and incorporated herein as Exhibit "A"; and, <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />PARIS, TEXAS, THAT: <br />Section 1. The findings set out in the preamble to this resolution are hereby in <br />all things approved. <br />Section 2. The new Lease Agreement between the City of Paris and Carey <br />Eatherly, a copy of which is attached hereto as Exhibit "A," be, and the same is hereby <br />approved. <br />Section 3. The Mayor of the City of Paris be, and is hereby authorized to execute <br />said lease agreement and any and all other documents necessary to effectuate the lease <br />agreement. <br />Section 4. This resolution shall be effective immediately upon passage. <br />DULY PASSED AND APPROVED this 23rd <br />