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AGENDA INFORMATION SHEET <br /> <br />PROJECT: A new Lease Agreement between the City of Paris and Red River Valley Fair <br />Association for use of Reece Field. <br /> <br />BACKGROUND: The City has previously had a Lease Agreement with the Red River Valley Fair <br />Association whereby the Fair Association leased the Reece baseball field for use during the months <br />of August of each year through March of each following year. The rental was $1.00 and other good <br />and valuable consideration. <br /> <br /> The current Lease Agreement expired on March 31, 2001. The Fair Association has <br />requested a new Lease Agreement be renewed for an additional five (5) years, with their use of the <br />field to begin August 1,2001. <br /> <br /> You may recall the City has a similar Lease Agreement with the Boys Club whereby the Club <br />utilizes the field during the months of April through July of each year. A new Lease Agreement <br />recently approved by City Council for the Boys Club begins on the 1 st day of April, 2002 and extends <br />to July 31, 2006. <br /> <br />DESCRIPTION: The new agreement requested by the Fair Association would result in a <br />continuation of the current arrangement for use of Reece Field, with the Boys Club utilizing it during <br />the months of April through July of each year and the Fair Association utilizing it for the remainder <br />of the period of time not used by the Boys Club. <br /> <br />COST: Not applicable. <br /> <br />RECOMMENDED ACTION: Consider the request of the Fair Association for the adoption of the <br />resolution approving a new the Lease Agreement. <br /> <br />STAFF CONTACT: Terry Townsend, Dir. of Parks and Recreation; and Larry W. Schenk, City <br />Attorney <br /> <br />SCHEDULE: Not applicable. <br /> <br />LOCATION: The Lease Agreement in question is for lease of the Reece Baseball Field adjacent to <br />the fairground. <br /> <br />SUPPLEMENTAL INFORMATION: See enclosed resolution and proposed Lease Agreement. <br /> <br />COUNCIL DATE: Consider for approval at City Council's August 13, 2001, regular Council <br />meeting. <br /> <br /> <br />