543 RES J H WAGES ET AL PROPOSE TO BUILD, ERECT AND CONSTRUCT AVAILABLE SPACE PRIVATE AIRPLANE HANGERS AT COX AIRFIELD

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• 0 RESOLUTION N0. _J/ 3 • ; WHEREAS, J. H. Wages, James Castleman and Don Bryant, propose to build, erect and construct on available space private airplane hangers at Cox Airfield under contract, agreement and lease with theCity of Paris, each to be built by said respective persons at an estimated cost of $1,200.00; and, WHEREAS, it is to the best interests of the City of Paris that the use and development of the facilities of Cox Field by private flyers be encouraged by every reasonable means, and particularly, it is to the best '':interest of the City of Faris that said proposal of said respective parties be accepted and approved and that the lease of a portion of said Cox Field 'and the fscilities thereof be leased to said persons: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS: That the City of Paris enter into a written contract, agreement and lease with the said J. H. Wages, James Castleman and Don Bryant, authorizing such respective persons to build and erect at and on available space at Cox ; !'Air#ield a private air plane hanger, subject to the following terms and provisions, to-wit: (1) That such respective air plane hangers shall imediately upon ;';construction become the property of the City of Paris, and such respective `-builders shall have the exclusive use and occupancy of the same for a period of 6ee(*0) years from and after the date of this resolution; provided tYat if such lease is terminated under the terms and provisions of the deed by which the Gity of Paris has possession and control of Cox Field, and if as ~ a result of such termination the City of Paris is paid or compensatbd for any + such hanger, the balance of any such paymentg after deducting therefrom a rental` i;at the rate of $15.00 per month shall be paid to such builder. (2) Each of said respective persons building such air planee 'f;hangers shall, at their sole cost and exptrese, keep such hangers in good : `repair and safe condition. (3) The City of Paris shall be held blameless for any damages or ~ loss incurred by it, if any, by reason of the use of any such hanger and the ,said premises, and such proposed lessees must agree in writing to indemnify and hold harmless said city against each and every claim, demand or cause of ; action that may be made against it by reson or arising out of any act or omission ? of such respective persons. : The *ayor of the City of Paris is hereby authorized and diregted to z sign on behalf of the City of Paris a written contract, agreement and lease, binding and o§ligating the City of Paris to the terms and provisions of such 'proposed leases and agreements for the period of 10 years from this date f i in accordance with the provisions of this resolution. PASSED AND ADOPTED this 25thgday of Mayt 1953. . A ATTEST: fr~ CitY Clerk. M -Y 0 R ~ I;