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LEASE AGREEMENT <br />STATE OF TEXAS § <br />KNOW ALL MEN BY THESE PRESENTS <br />COUNTY OF LAMAR § <br />435 <br />THIS LEASE AGREEMENT is made and entered into this 8th day of February, 1999, <br />by and between the CITY OF PARIS, PARIS, TEXAS, a municipal corporation, acting by and <br />through its Mayor, Charles H. Neeley, duly authorized, hereinafter called LESSOR, and <br />CHERRY GILLIE, d.b.a. GILLIE'S CONCESSIONS, of Lamar County, Texas, hereinafter <br />called LESSEE. <br />WITNESSETH: <br />For and in consideration of the payment of the monthly rental of $300.00 during each <br />month of four -month athletic season, same being the months of April, May, July, and August, the <br />CITY OF PARIS does hereby lease, rent, and let unto CHERRY GILLIE, d.b.a. GILLIE'S <br />CONCESSIONS, the concession stand located at Wise Field, a recreation area owned by the CITY <br />OF PARIS and located at 368 4th Street S.W., Paris, Texas. <br />The term of this Lease is for TWO (2) years, beginning on the 8th day of February, 1998, <br />and ending on the 7th day of February, 2001, unless sooner terminated as herein specified and <br />provided. <br />It is further agreed to by LESSOR and LESSEE that LESSEE shall have the option to <br />renew such Lease for an additional period of TWO (2) years, beginning February 8, 2001, and <br />ending February 7, 2003, at the rental rate stated above. The granting of said first option is <br />subject to the requirements set forth in paragraph 15. <br />1 <br />VH� BIT A <br />