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2005-061-RES SUBLEASE RED RIVER VALLEY FAIR ASSOC AND THE AMERICAN LEGION POST #199 OF DEPORT, TX 2005-061 A RESOLUTION OF HE CI YfOUNCIL OF THE CITY I OF PARIS, PARIS, TEXAS, APPR VING T ROUNDS SUBLEASE BE11wEEN THE RED RIVER VALLE FAIR S OCIATION AND THE ~RICAN LEGION POST #199 F DEPO T, EXAS; MAKING OTHE FINDINGS AND PROVISIONS LATED 0 HE SUBJECT; AND PRO, DING AN EFFECTIVE DATE. WHEREAS, the Red Ri er Valley airlAssociation has requested a~proval from the City Council of the City of Paris to enter int a grounds sublease agreementl wit4 the American Legion Post # 199 of Deport, T xas, in th foIim shown in Exhibit A, atta~hed hereto; and, , WHEREAS, it would b in the bes int~rests of the citizens of the city ot"Paris that such grounds sublease agreement be approved NQW, THEREFORE, , BE IT RESOLVED B THE CI Y COUNCIL OF THE CITY PF PARIS, PARIS, TEXAS: Section 1. That the fin 'ngs set 0 t inlthe preamble to this resolution are hereby in all things approved. Section 2. That the Re River V lle~! Fair Association be, and m is hereby, granted approval to enter into the groun s subleas a eement with the American Legion Post # 199 of Deport, Texas, in the form sho in E . it . ' attached hereto. Section 3. That this res lution sh II be effective from and after its! date, of passage. PASSED AND APPRO ED this 3th day of J ATTEST: .~ SEl AGREEMENT This agreement is mad and entered into by land between Red River Valley Fair A sociat'o~, Inc., a non-prof~t organization, hereinafter referred to as e~sor, and American L~gion Post #199, a non-profit organiz tion, e~einafter referred t~ as Lessee. of the mutual promises herein see do hereby agree t~ t4e following: ITNESSETH: For and expressed the I. PURPOSE OF LEASE: , The Lessee wis es to lease from the Lessor dertain space to conduct bingo operat' ons li en!sed by the State of! TeJ<;as only. II. PREMISES: Lessor agrees t lease nq the Lessee agrees tb lease from the Lessor the following descri ed'property, all the f~oo~ area in Big Time Bingo Building on t e :property, located at 1875 Fitzhugh Street, Paris, Lamar County, Te'xas for the bingo occasions per week as designated on the Lessee s ~exas Bingo license: III. DUTIES Lessor utili ties. OF LESSO shall rovide parking facilities, equipment and IV. TERM: The term of thi of June 2005 to the lease halll be for a period f~om the 1st st day of June, 2006. day V. CONSIDERATION: The Lessee shal pay t e Lessor the amount o~ $250.00 per whole session ( ingo 0 ca!sion) . The considtration for the lease of this buildin shall bel due and payable monhly. The first payment will be due a d paya le,monthly after the e~ecution of this lease, with rent pa ents bing due and payable mpnthly each and every month thereafter, duri g the term of this lea~e. Total rental for any month may not in any case exceed $600.00 pe~ bingo occasion actually conducted b lesse d~ring that month. VI. Red River Valle 570 East Center Paris, Texas 7 Lessee shall ma at: E~HIBIT A VII. INSURANCE: The Lessee, expense, shaltl maintain a comprehensive genera liabi ity insurance policy qn the described premises and adjoini g parki g ,facilities in an amqunt of at least $300,000.00 combined single limits and shall name' th~ Lessor and the City of Paris as addition~l insured on said volicy. Lessee shall provide Lessor ith a er:tificate of insuranae providing for thirty (30) days adv nee no ice of cancellation. to, provide for all bi~gosupplies or it~ the operation of the ,bingo game, o prizes, bingo cardsl, o,r any other n4erstood and agreed that the Lessor r the storage or mair\.tenance of any ibed. the Lessee's respons'bility other equipment asso iated including but not li ited necessary equipment. It is . shall not be responsible f equipment herein abo e desc IX. APPROVAL: This lease is the main lease agr ement Association, Inc., a d the of: this lease be helid invalid, the of this lease shall n~t be effective. VIII. SEVERABILITY: Should any pro validity of the main tre approval of the C~tyof Paris per between the Red Riv~r Valley Fair ity of Paris, Paris, ~exas. x. NOTICES: Notices are to e sent to:: Lessor: Red R ver Va ley Fair Association, Inc. 570 E st Cen er! Street Paris Texas 715460 Lessee: Ameri an Leg on' Post #199 P. O. Box 83 , Depor , Texa 75435-83 , RED RIVER VALLJl:Y (6au~ . L ssor A~ERICAN LEGION POST #199 .- 70 Date Q....o I q i'k) f) c;- ,! Dated