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2080 RES CITY COUNCIL IN RES NO 1696 AUTHORIZE LEASING OF CERTAIN FAIR GROUND PROPERTY TO RED RIVER VALLEY EXPOSITION INC
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2080 RES CITY COUNCIL IN RES NO 1696 AUTHORIZE LEASING OF CERTAIN FAIR GROUND PROPERTY TO RED RIVER VALLEY EXPOSITION INC
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11/28/2017 8:54:25 AM
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CITY CLERK
CITY CLERK - Date
2/9/1981
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persans, px'operty and effecrs thc:refrom, all and every clai.in for da- <br />mages fo.r or by reason of said a-e-entry bein; c~xpressly waived. <br />(14) A11 water anii sanitary sewer pipe in, oci or under the <br />leaseti prumises belonging to t-essor mzy be kept there if or until <br />removed bv Lessor. <br />(15) In tlie eveizt Lessee sllall kcep ear.h and every agreemenfi <br />containeci herein ancI do and pErforni all t}1e obligatzans required of it <br />hereunder during the r.erin of this lease, an optir3n is hereby given and <br />granred to Lesseu ta renetiv arid extend this lease for an additional <br />period of ten (10) yrear.s from and after the expiration of this agree- <br />menr, whzch option may be exercised hy Lessee g:iving notice in <br />w.riting of its iiitentian tc> renew said lease Tlirietv (90) da.ys prior io <br />the expir. atian of the primary terrn of the lease. <br />(lE>) L,essor is given artcl granted the r-igl-lt to plaee streets <br />or utiiities or draizza~;e appurtenance.s in, on or Lindc:r ariy of the pxo- <br />perty Ilerein leased ta the RE1? FZIVLR VALI.J;I' EXPOSITION, INC. <br />(1.7) Ttiat Lessor shall have the ribht and privilege of u5iri~; <br />any partion of said prvperty so leased for ftâșnc;tions sponsorec-I by the <br />City of Pazis or any deparrment thereof, wrric(1 l'uncticjn has b;:en <br />approved by the C;i.ty Counci7 of the Cir.y of Paris, all of wlzich f.unc- <br />tions sha1;1 be- conducted cm a non4ntozfe.r-ing basis "'iih the «nnual <br />~~~air conducted by tr,° Recl ~'.iver Valley Expasitiori, Inc. <br />(1.8) That Lessox- sha11 have the e ig1it and priviler;e at its <br />option to Cex'miilate this lease as to any part of the rea1ty nvt improved <br />with buildings, zncludin;, reasanahle access rc> suc:h buildings, for ner- <br />essary municipal tunctions, suc:h as enlargi.ng the fire tr.rinicih a°ea, <br />ercction of municipal facil.ities, constrt.ictiori of stz-ects or for ot}ler <br />municipal tunctions. <br />
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