05 Lease Agreement - RRVFA - Laserfiche WebLink

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COUNTY OF LAMAR ) ) KNOW ALL MEN BY THESE PRESENTS: STATE OF TEXAS ) THIS LEASE AGREEMENT is made this 27th day of August, 2001, by and between the CITY OF PARIS, PARIS, TEXAS, a municipal corporation, acting by and through its Mayor, Michael J. Pfiester, duly authorized, hereinafter referred to as LESSOR, and the RED RIVER VALLEY FAIR ASSOCIATION, INC., Fair Grounds and Center Street, P. O. Box 964, Paris, Lamar County, Texas, acting by and through the authorized official whose signature appears below, hereinafter referred to as LESSEE. WlTNESSETH For and in consideration of the payment to the CITY OF PARIS the sum of ONE AND NO/100 DOLLAR ($1.00), and other good and valuable consideration, the CITY OF PARIS does hereby lease, rent and let unto the RED RIVER VALLEY FAIR ASSOCIATION, INC. the following described property: All that certain tract of land located in Paris, Lamar County, Texas, to-wit: BEGINNING at a point a distance of 300 feet west of the intersection of the North Boundary Line of Hickory Avenue with the West Boundary Line of Fitzhugh Avenue, also designated as 9th Street N.E., the same being the southeast corner of a 12 acre tract of land sold to the Lamar County Fair Association by H. E. Clement Estate in 1936, described in deed recorded in Volume 245, Page 575, Deed Records, 1.amar County, Texas; THENCE North a distance of 600 feet; THENCE West a distance of 600 feet; THENCE South a distance of 600 feet; THENCE East a distance of 600 feet to the place of beginning, being the same property leased by the City of Paris to the Paris Baseball Club, since named "Reece Field". The term of this Lease shall be for the months of August of each year through March of each following year for FIVE (5) years, beginning on the 1st day of August, 2001, and ending on the 31st day of March, 2006. IN CONSIDERATION HEREOF, it is mutually agreed by and between LESSOR and LESSEE: