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2 Fairground Committee Meeting 1/21/91 Red River Valley Fair Association, they again gave the Paris Rodeo and Horse Club the right to remove the arena and improvements. Mayor Clifford did state that the City did not approve this sub - lease. Mayor Clifford stated it was his feeling that the Paris Rodeo and Horse Club will go to court maintaining that they have a right all the way back to day one that they can remove their arena, and felt that the City's representatives should be there to protect city property. Councilman Kent questioned why the City was not involved in the sub - lease. City Attorney Haynes stated that it was a sub -lease between the Red River Valley Fair Association and the Paris Rodeo and Horse Club, and the City of Paris does not recognize the sub -lease as being a valid lease, as it was not approved by the City Council. Jess Nickerson, Attorney for the Red River Valley Fair Association was present stating that he knew the City was aware of the conflict between the Fair Association and the Paris Rodeo and Horse Club, and assured the Committee that the Fair Association has strived to work the problems out with the Horse Club. Mr. Nickerson said he wanted to let the City know about the current problem which has been discussed by the City Attorney and Mayor Clifford. Mr. Nickerson said that everyone had assumed that the City of Paris had given in writing the authority for a sub - lease, but as it turns out, that is not true as far as anyone can determine, since this did put the City's property in jeopardy, and that is why he wanted the City Manager and City Attorney to know what is going on. Mr. Nickerson stated that the only thing at the courthouse is the validity of the 1981 sub - lease. Mr. Nickerson stated that it did not matter about the old lease, if they could beat the option because there is a controversy. Mr. Nickerson said if the court rules that the lease in 1981 is good, and the option is no good, which is the simplest way for them to attack it, as it is completely contradictory with the lease that the Fair Association has with the City. Mr. Nickerson stated that the Fair Association finds themselves with no approval of the sub - lease, find themselves with the possibility that the court could say, yes that lease is valid on the option part. Mr. Nickerson stated they did not have any complaints whether they move the arena or not, it is the City's property, we do not have any plans if the judge says, yes it is valid, there is nothing the Fair Association can do, so that is the reason for contacting the City of Paris. City Attorney Haynes said that if there is no lease at any time, he did not think that the law is such that at the end of the lease you continue that terms of the lease on a month to month basis, you continue a lease from month to month, but if there is no provisions in the contract that says that it is not renewed at the end of that period, that it continues on a month to month. City Attorney Haynes advised that there is a month to month lease that goes on, but it is not the written one, and under the common law, when you attach