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2005-062-RES APPROVING SUBLEASE RED RIVER VALLEY FAIR ASSOC AND THE HOPEWELL VOLUNTEER FIRE DEPT A RESOLUTION OF HE CIT mOUNCIL OF THE CITY !OF PARIS, PARIS,TEXAS,APPR VINGT G OUNDSSUBLEASEBET}VEENTHE RED RIVER VALLE FAIR SS elATION AND THE ~PElWELL VOLUNTEER FIRE D PARTM N ; MAKING OTHER FIN INGS AND PROVISIONS RELAT D TO HI) SUBJECT; AND PRO . DING AN EFFECTIVE DATE. .WHERE~S, the Re~ Riv r Vall.ey air -I\ssociation has requested apj)f(~val from the City Counctl of the Ctty of Parts to enter toto a grounds sublease agreement ,with the Hopewell Volunteer Fire Department in e form sh wn in Exhibit A, attached here~o; and, WHEREAS, it would be in the bes int~rests ofthe citizens of the ci):y of Paris that such grounds sublease agreement be pproved; NOW, THEREFORE, BE IT RESOLVED BY THE CI COUNCIL OF THE CITY@FPARIS,PARIS, TEXAS: Section 1. That the find' gs set ou in the preamble to this resolution are hereby in all things approved. Section 2. That the Re River V lIey Fair Association be, and i~ is hereby, granted approval to enter into the gro ds suble se iagreement with the Hopewell Volunteer Fire Department in the form shown' Exhibit , attached hereto, Section 3. That this reso ution sha I be; effective from and after its nate pfpassage. PASSED AND APPRO th day of June, 2005. r') ATTEST: APPROVED AS TO FORM: La LE SE,AGREEMENT This agreement's made amd entered into by ~nd between Red River Valley Fair A sociat' on! Inc., a non-profiF organization, hereinafter referred to as LE1ssor, and Hopewell' Volunteer Fire Department a non-pro it org ntzation, hereinafter, referred to as Lessee. For and in co sidera ioh of the mutual Ii>romises herein expressed the Lessor and Le see do hereby agree to the following: I. URPOSE OF LEASE The Lessee wish conduct bingo operat s to 1 aSe from the Lessor c~rtain space to ons li en~ed by the State of ,Texas only. ITNESSETH: II. PREMISES: Lessor agrees t Lessor the following Time Bingo Building Street, Paris, Lam occasions per week license. lease no the Lessee agrees t~ lease from the descri ed,property, all the floor area in Big on th property, located at lS75 Fitzhugh r Coun y,' Texas for the n1i1mber of bingo as des gnated on the Lessee 1 s Texas Bingo III. DUTIES Lessor utilities. OF LESSO shall rovide parking facilities, equipment and IV. TERM: The term of th's leas day of June 2005 to he 1St shall be for a perio~ from the 15th , day of June, 2006. v. CONSIDERATION: The Lessee shal pay t e ~essor the amount o~ $250.00 per whole session ( ingo 0 cas ion) , The consid~ration for the lease of this buildi g shall be' due and payable monthly. The first payment will be due a d paya lei monthly after the e~ecution of this lease, with rent pa ents bing due and payable ~onthly each and every month thereaft r, duri g 'the term of this lease . Total rental for any month may not in any case exceed $600.00 pet bingo occasion actually conducted b lesse during that month. Lessee shall ma Red River Valle 570 East Center Paris, Texas 7 e paym Fair Street 460 nt to the Lessor at: sspciation, Inc. VI. REPRESENTATIONS OF LES The Lessor agre s and a kQowledges that Lesse~ is a non-profit organization as tha term s defined under the governing of the bingo statutes in teState o~ Texas and that thE1 Lessee holds a valid license to con uct bi go:within the State of'Texas issued by E~HIBIT A ~ the Texas Lottery Co ission o~ the State of Texa~. It shall be the Lessee's responsi ility o ,provide for all bi~go supplies or other equipment associated w'tB the operation of ~he bingo game, including but not Ii ited t wrizes, bingo cardst or any other 'necessary equipment. It is nderstood and agreed that the Lessor shall not be respons ble fo the storage or main!tenance of any equipment herein abov descr bed. VII. INSURANCE: The Lessee, a eel s expense, shall maintain a comprehensive general ty insurance policy o~ the described premises and adjoinin parki g facilities in an amo~nt of at least $300,000.00 combined single li~its and shall name !the Lessor and the City of Paris as additi na~ insured on said golicy. Lessee shall provide Lessor ith a ertificate of insurance providing for th;i.rty (30) days adva ce not' ce! of cancellation. VIII. SEVERABILITY: Should any prov' sions of! this lease be helli invalid, the validity of the main ortions o~ this lease shall ndt be effective. IX. APPROVAL: This lease is the approval of the C~ty of Paris per the main lease agr ement e~ween the Red Riv~r Valley Fair Association, Inc., the C'ty of Paris, Paris, Texas. X. NOTICES: Notices Lessor: are to b sent Red Ri er Val 570 East Cent Paris, Texas Lessee: Hopewell Volu Route ne Box Sumne , Texas HOPEWELL VOLUNTEER FIRE DEPT. Dated Lessee Dated 0:, ey Fair Association, r ,Street 7~460 Inc. teer Fire 225 'J5486 Department