1996-094-RES WHEREAS, CITY COUNCIL DID HERETOFORE IN RESOLUTION NO 91-083 ON THE 12TH DAY
RESOLUTION NO. 96-094
WHEREAS, the City Council of the City of Paris did heretofore, in Resolution
No. 91-082, on the 12th day of August, 1991, authorize the execution of a Pasture Lease
Agreement with TERRY McFATRIDGE; and,
WHEREAS, the City Council of the City of Paris is in receipt of an Exercise of
option from TERRY McFATRIDGE, attached hereto as Exhibit A, for a five (5) year
extension of said Lease dated August 12, 1991; and,
WHEREAS, the City Council deems it appropriate to grant the exercise of option
to TERRY McFATRIDGE for five (5) years, which will extend the terms of said lease
from September 1,1996, to August 31,2001, and the City Manager, Michael E. Malone,
should be authorized to acknowledge acceptance of said Exercise of Option by signing the
same; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, that
the exercise of the five (5) year option by TERRY McFATRIDGE beginning September
1, 1996 and ending August 31,2001, attached hereto as Exhibit A, be, and the same is
hereby acknowledged; and,
BE IT FURTHER RESOLVED, that Michael E. Malone, City Manager of the
City of Paris, be, and he is hereby authorized and directed to acknowledge acceptance, on
behalf of the City of Paris, of said Exercise of Option, attached hereto as Exhibit A, by
signing the same.
PASSED AND ADOPTED this the 9th day of September, 1996.
~--
Eric S. Clifford, Mayor
ATTEST:
Mattie Cunningham, City Cle
APPROVED AS TO }'ORM:
'.
,."'....
l' ,;"4!<."':,(, ':~';I'~ ;"I:::~,~;f
'. - "'~. "j"''''l.... II..... ,.,..... 'tti'" ','.ol.::"'~.,
<\ ".r.., ' " . \-!t1' . . ". i.~li...
""'I'I"'~ l4i -l~'\jo,,"-..i." '...
I{" '."'~ ..., :.. ' . ~'\'<oi><I.-, '..~..:"
'}'t'" ,','- .".......J~'t':~~.. '~\'4t.."
i~;"';~':>I~"'~r-~,:;:
~".i~~\\\i'I1)'h,.
'. ~."..f.:.~~f~I.'. ~.:::~~::
' ''1.1r,'''I'''1~'"
~!;: I!~' .~:';::',~t(.,:::- it"!'...:.""",.
~':''j;(l . I :"': " .
,", '!~.~ Cb"1'.~" ,
l'~ ....",
't,~ ~.'(:~, . "",~ "'.'
'-'-'1.., ".' -'_._ ''010 ",
1..:~J " ," "" _j fI'! _""";'.,.,,.,
t;S-~;f.~";;1':$f.~:; 'N~;~. '~".
'~'''': ;l.'.. iA'
~~"\; ",'t' i:-*
"~.~L;t~('l
t..~'I,l~J~.
\"i'~;:).'fr
","1.,~,l,.\..
lki\(\:
1"/"'.'
1, "4'
i \i.J,:.,
~'t:~!i
"1'1"
~
~
..
~
......
~
..
II-.
"
EXHIBIT A
,.,..~ '.
"
~
I)""
QJ.......
~~
'i:,.
~
'I-
','
'.;
",
i~ :
;',
'.";1
, ,
II
,,'
....
EXERCISE OF OPTION
STATE OF TEXAS ~
KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF LAMAR ~
That TERRY McFATRIDGE did heretofore, in the Pasture Lease Agreement
dated August 12, 199\, lease that portion of Lake Gibbons property highlighted and labeled
"Pasture" on Exhibit A attached hereto and made a part thereof, from the CITY OF
PARIS, Paris, Texas, a municipal corporation.
TERRY McFATRIDGE does hereby execute his option for the five (5) year period
beginning September 1,1996, and ending August 31,2001.
,
SIGNED this 3rd day of September, 1996.
TERRY McFATRIDGE
ACCEPTANCE of the above Exercise of Option is acknowledged this 9th day of
September, 1996.
CITY OF PARIS
Michael E. Malone, City Manager
ATTEST:
Mattie Cunningham, City Clerk
APPROVED AS TO FORM:
T. K. Haynes, City Attorney
'~'
STATE OF TEXAS ~
COUNTY OF LAMAR ~
BEFORE ME, the undersigned authority, on this day personally appeared Terry
McFatridge, known to me to be the person whose name is subscribed to the foregoing
instrument, and acknowledged to me that he executed the same for the purposes and
consideration therein expressed.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this _ day of
September, 1996.
Notary Public, State of Texas
EXHIBIT A