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DEC 12 2002 <br /> <br /> ()ITY ATTOI~NE~ <br />MEMORANDUM P s. <br /> <br />To: Larry Schenk, City Attorney <br />From: Terry Townsend, Public Works Director <br />Date: December 12, 2002 <br /> <br />Subject:Acquisition of Paris Junior College Property for City of Paris Sports <br /> Complex <br /> <br />Due to Texas Parks and Wildlife Department procedures and regulations our lease agreement <br />with PJC is not acceptable if we intend to use the fair market value of the sports complex <br />property as part of our matching funds. <br /> <br />Therefore, Bobby Walters, President of Paris Junior College has agreed to donate the 92 acre <br />tract to the City of Paris. However Mr. Walters has requested we include a contract clause <br />similar to the Love Civic Center contract which states "if the property ever ceases to be used <br />by the City of Paris for such purposes as the sports complex it would revert backto Paris Junior <br />College". <br /> <br />As you know, several months ago the legal department prepared a lease agreement between <br />the college and city for this property. Due to TPWD requirements I am now requesting the city <br />acquire this property from PJC by donation. Upon completion of the acquisition, I am required <br />to submit the following to the TPWD: <br /> <br /> Copy of the executed, recorded deed <br /> Title Policy (if available) <br /> Completed Statement of Donor <br /> <br />I have attached a copy of the new boundary survey which did not exist at the time of our lease <br />agreement, a statement of donor which Mr. Walters will need to sign and a letter from TPWD <br />referencing the acquisition and program requirements. <br /> <br /> Please call with questions you may have. <br /> <br /> <br />