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RESOLUTION NO. 88 -024 WHEREAS, the lease of B. J. Fain and the option thereon will expire on the 31st day of May, 1988; and, WHEREAS, it would be right and proper to advertise for bids for lease for the 265 acres of Lake Gibbons property; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, That the City Clerk, Mattie Cunningham, be, and she is hereby authorized to advertise for bids, to be received after due notice until Wednesday, April 6, 1988, and there- after presented to the City Council on the 11th day of April, 1988, for the purpose of letting such bid. Passed and adopted this 14th day of March, 1988. 4.`K- Btfrnett, Mayor ATTEST: atttie Cunningham, City C er APPROVED AS TO FORM: T. K. Haynes, City Attorney Resolution No. 88 -025 declaring the failure of the North Interceptor from approximately 365 feet from the manhole near the South Right of Way line of Loop 286 N. E., Northeast to a manhole North of the North right of way line of said Loop 286 N. E., and authorizing the City staff to exercise the emergency powers as the same relate to budgeting, expenditures, procurement and bid process with the only requirement being that the City Council of the City of Paris be kept abreast of the progress of the project was presented. Earl Smith, Director of Engineering, appeared before the Council presenting a sample of the sewer line showing the deterioration of the line, and expressed the need for repair. Mr. Smith stated there was bond money available for the repairs, and estimated the cost to be approximately $70.000.00. After discussion, a motion was made by Councilman Kent, seconded by Councilman Wortham for adoption of the Resolution. The motion carried 4 ayes, 0 nays.