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08 - COX FIELD HANGAR LEASE EXTENSION
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08 - COX FIELD HANGAR LEASE EXTENSION
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3/10/2016 3:19:41 PM
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AGENDA
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AMENDMENT OF LEASE <br />THE STATE OF TEXAS § <br />COUNTY OF LAMAR § <br />KNOW ALL MEN BY THESE PRESENTS <br />This Lease Agreement Amendment is made by and between the City of Paris, Texas, a home rule <br />municipal corporation (LESSOR), and Erik Zarones (LESSEE). <br />For and in consideration of the construction of new improvements related to the existing aircraft <br />hangar at Cox Field as described in an existing lease agreement assigned to LESSEE on June 8, <br />2015, LESSOR does hereby agree to amend said lease to include the following paragraph from <br />LESSOR's existing standard base lease document: <br />"This lease may be extended by Lessee for an additional five (5) year period, provided all <br />requirements of this agreement have been met; LESSEE owes no taxes, fees, or penalties to the <br />City of Paris; and LESSEE makes known its desire to extend the lease no later than six months <br />before expiration of the AGREEMENT." <br />This amendment shall be attached to and made a part of the existing lease agreement between <br />LESSOR and LESSEE and have the same force and effect as if it were part of the original <br />agreement. <br />EXECUTED on this day of <br />THE CITY OF PARIS, TEXAS <br />City Manager <br />ATTEST: <br />City Clerk <br />2016, to be effective 12016. <br />LESSEE <br />
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