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. ~ <br />/ <br />LEASE AGP.EEMENT <br />STATE OF TEX.AS ~ <br />COUNTY OF LAMAR ~ <br />This lease agreement in duplicate made and entered <br />into by and betwPen the CITY OF PARIS, a municipal corpo- <br />ration, hereinafter called Lessor and MIDWEST VIDEO <br />CORPORATION, hereinafter called Lessee, WITNESSETH: <br />That the leased premises consist of the following de- <br />scribed property of Iessor, located in Lamar County, Texas, <br />being a part of what is commonly know-n as the Legion Airport <br />, <br />properties located West of North West 19th Street in the <br />City of Paris, Texas, and bounded as follows: <br />Beginning at a point in a fence l:ine and an E. B. <br />Line of said Legion AirporL properties, which <br />point is 1103 feet West and 960 feet South of the <br />most Easterly S. E. corner of said Legion Airport <br />properties, said cornex being on the W. B. Line <br />of 19th N. W. Street; Thence South with said <br />fence and boundary liTie 600 feet to a S. E. corner <br />of said Airport property; Thence in a Westerly <br />direction along a South Boundary Line of said <br />Airport property, a distance of 670 feet, more or <br />less, a pin in an ell corner of saici Airport prop- <br />erty; Thence North 9 Deg. 5 Min. West with an <br />existing fence line a distance of 600 feet, more <br />or 1ess, a pin; Thence N. 80 Deg. 25 Min. E. a <br />distance of 654 feet, more or less to the place <br />of beginning, containing 9.1 acres, more or less. <br />The t erm of this lease is for twenty-five (25) years, <br />beginning on the lst day of October, 1980, and ending on the <br />30th day of September, 2005. <br />For and in consideration of the sum of Twelve Thousand <br />Five Hundred Dollars ($12,500.00) paid and to be paid to <br />Lessor by Lessee, as hereinafter specified and provided, Lessor <br />does he.reby let and lease the above described property and <br />prPmises unto the said 11ID14EST VIDEO CORPOR.ATION for the term <br />of twenty-five (25) years, upon the terms and conditions here- <br />in specilied, which sum shall be payabin in twenty-five (25) <br />EXHIBIT A <br />to RESOLtJTION NO. 2066 <br />