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879 <br />shall recommend to the City Council that the Lease continue or be <br />terminated, and thereafter the City Council shall take such <br />action as it deems necessary. <br />16. That the City, may at its option, terminate this lease <br />as to the entire tract, or any part thereof, which may be <br />necessary, in the event the City desired to use the property, or <br />any portion thereof, for necessary municipal functions, such as <br />extension of runways or erection of other airport facilities. In <br />the event of either of the above contingencies the City shall <br />give the Lessees ninety (90) days notice in writing of its <br />intention to so utilize the tract, or any portion thereof, for <br />the above specified purposes. In the event of either of the <br />above contingencies, the City shall have the option pursuant to <br />Paragraph 8 of this lease to satisfy their obligation of <br />compensation to Lessees. <br />17. The terms of this lease are binding on and the benefits <br />herein im r-e to the —hp—ire �; n tr..+ -„r s — <br />Lessees. <br />EXECUTED ON the dates shown in acknowledgements below. <br />LESSOR: <br />CITY OF PARIS <br />ATTEST: <br />MATTIE CUNNINGHAM, City ler-k <br />APPROVED AS TO FORM: <br />BY: <br />MICHAEL E. MALONE, <br />City Manager <br />T. K. HAYNES, City Attorney <br />LESSEES: <br />ERIC S. CLIFFORD <br />VICTOR ABELES <br />-6- <br />