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. ~ • • <br />the S. W. corner of the Schaf tract, as described in deed <br />recorded in Vol. 2539 Page 488, Deed Records of Lamar <br />County; Thence East with the S. B. Line of said Schaf <br />tract and the S. B. Line of a tract formerly owned by <br />Williams, in all a distance of 2341.25 feet, an ell corner <br />of the said Legion Airport properties; Thence South 726 <br />feet, a corner; Thence East 833.25 feet; Thence North with <br />the E. B. Line of a tract fortnerly owned by Dickson; at <br />498 feet pass the S. tiy. corner of a tract under lease to <br />Pdid-West Video Corporationt in all a distance of 1098 <br />feet, the N. W. corner of said Mid 4Vest Video tract; <br />Thence East 654 feet, the N. E. corner of said Mid-West <br />Video tract; Thence North 970 feet, an ell corner of said <br />Legiun Airport property; Thence East 1104 feet to the place <br />of beginning. <br />2. That such advertisement for sealed bids be made by publisYiing <br />notice thereof in the Paris News twice within ten (10) days from the cfate <br />hereof. Such advertisement shall provide that any lease will be made for <br />anr.ual lease payments, payable annually in advance and that any sale v+ill <br />be made for casht and shall further provide that the City of Paris re•- <br />serves the right to reject any and all bids and advertise again and that <br />all bids will be received by the City Manager of the City of Paris until <br />5:00 o•clock P. M. on the „3, W-day of 1956. <br />3. In the event an advantageous bid pursuant to this resoluti.on <br />and the publication of such notice shall not be received, the City of <br />Paris may withdraw such property from lease or sale. <br />Passed and adopted by the City Council of the City of Paris orl <br />this ~ day of May, 1956. <br />Mayor _ <br />ATTEST: <br />City Clerk. <br />