19-B Archers Lease Part Term - Laserfiche WebLink

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LEASE AGREEMENT STATE OF TEXAS § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF LAMAR § LEASE AGREEMENT BETWEEN the CITY OF PARIS, a municipal corporation, acting by and through its Mayor duly authorized, hereinafter referred to as LESSOR or City, and ARCHERS FOR CHEST of Paris, Lamar County, Texas, acting by and through its Presidant duly authorized, hereinafter referred to as LESSEE or Archers, WITNESSETH: For and in consideration of thc payment to the CITY OF PARIS, a municipal corporation, of the sum of ONE AND NO/1OO DOLLARS ($I.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the CITY OF PARIS, a municipal corporation, does hereby lease, rent and let unto the ARCHERS FOR CHRIST, subject to the terms and provisions of this Agreement, the property described on Exhibit A, being area number Two (2) to be used for an archery range and areas numbered One (1), Four (4), Five (5), Six (6), and Seven (7) as shown on the First Amended Lake Crook Hunting District Map attached hereto as Exhibit B to be used for archery hunting and special archery related events or tournaments only, each Exhibit being attached hereto and made a part hereof for all legal purposes; Thc initial term of this lease is for five (5) consecutive one (1) year terms, with an optional renewal for five (5) additional one (1) year terms for tracts number One (1) and number Seven (7) as those tracts are designated on the exhibits attached hereto. Thc five (5) consecutive one (1) year terms for the use of tracts One (1) and Seven (7) shall begin on the 1st day of October, 2001, and end on the 30th day of September, 2002, with subsequent one (1) year terms on the anniversa~ date thereafter, ending September 30, 2006, unless the LESSOR, by or before May 31 of any one (1) year term, gives written notice of termination to the LESSEE, as to either or both tracts One (1) and EXHIBIT A