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DRAFT <br /> <br />ALICEhO. ESWORK\CURRENT\ Pasture Lease Adv Bid Res <br /> September 13, 2001 <br /> <br />RESOLUTION NO. <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, <br />PARIS, TEXAS, AUTHORIZING THE ADVERTISEMENT FOR BIDS FOR <br />THE LEASE OF APPROXIMATELY 185 ACRES, MORE OR LESS, OF <br />LAKE GIBBONS PROPERTY FOR PASTURE RIGHTS; MAKING OTHER <br />FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND <br />PROVIDING AN EFFECTIVE DATE. <br /> <br /> WHEREAS, the City Council of the City of Paris did heretofore on August 12, 1991, in <br />Resolution 91-082, authorize the execution of a Pasture Lease between the City of Paris and Terry <br />McFatridge in the amount of $1,351.00 for approximately 185 acres, more or less, of Lake Gibbons <br />property; and, <br /> <br /> WHEREAS, the City Council did heretofore on September 9, 1996, in Resolution 96-094, <br />authorize the execution of Exercise of Option to extend the Pasture Lease for an additional five (5) <br />years under the terms and conditions of the original lease; and, <br /> <br /> WHEREAS, it is deemed appropriate to advertise for bids for lease of said Lake Gibbons <br />property consisting of approximately 185 acres, more or less, for the Pasture Lease; NOW, <br />THEREFORE, <br /> <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, <br />TEXAS: <br /> <br /> Section 1. That the findings set out in the preamble to this resolution are hereby in all things <br />approved. <br /> <br /> Section 2. That the Pasture Lease for approximately 185 acres, more or less, of Lake <br />Gibbons property be advertised for bids to be received after due notice at the office of the City <br />Manager of the City of Paris, City Hall, 135 1st Street S.E., Paris, Texas 75460, at a time and <br />date to be determined, at which time said bids will be opened in the City Council Chamber, City <br />Hall, 135 1 st Street S.E., Paris, Lamar County, Texas, and bids will be tabulated and presented <br />to the City Council at a future City Council meeting for the purpose of letting such bid. <br /> <br />Section 3. That this resolution shall be effective from and after its date of passage. <br /> <br />PASSED AND APPROVED this 17th day of September, 2001. <br /> <br />Michael J. Pfiester, Mayor <br /> <br /> <br />