1996-070-RES WHEREAS, RED RIVER VALLEY FAIR ASSOCIATION HAS REQUESTED APPROVAL FROM THE CITY COUNCIL
RESOLUTION NO. 96-070
WHEREAS, the Red River Valley Fair Association has requested approval from the City
Council of the City of Paris to enter into a sublease agreement with the Paris Jaycees in the form
shown in Exhibit A, attached hereto; and,
WHEREAS, it would be in the best interests of the citizens of the City of Paris that such
sublease agreement be approved; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, that the
Red River Valley Fair Association be, and it is hereby, granted approval to enter into the
sublease agreement with the Paris Jaycees in the form shown in Exhibit A, attached hereto.
PASSED AND ADOPTED lli;, 15'" w., of ~...: ->
Eric S. Clifford, Mayor
ATTEST:
Mattie Cunningham, City Clerk
LEASE AGREEMENT
This agreement is made and entered into by and between Red
River Valley Fair Association, Inc., a non-profit organization,
hereinafter referred to as Lessor, and Paris Jaycees, a non-profit
organization, hereinafter referred to as Lessee.
For and in consideration of the mutual promises herein
expressed the Lessor and Lessee do hereby agree to the following:
WITNESSETH:
I. PURPOSE OF LEASE:
The Lessee wishes to lease from the Lessor certain space to
conduct bingo operations licensed by the State of Texas only.
II. PREMISES:
Lessor agrees to lease and the Lessee agrees to lease from the
Lessor the following described property, all the floor area in
Building "B" on the property, located at 1750 N. E. 6th Street,
Paris, Lamar County, Texas for the (2) two bingo occasions per week
as designated on the Lessee's Texas Bingo license.
III. DUTIES
Lessor
utili ties.
OF LESSOR:
shall provide
parking
facilities,
equipment
and
IV. TERM:
The term of this lease shall be for a period from the 1st day
of July, 1996 to the 2nd day of July, 1997.
V. CONSIDERATION:
The Lessee shall pay the Lessor the amount of $175.00
per whole session (Bingo occasion). The consideration for the
lease of this building shall be due and payable monthly. The first
payment will be due and payable monthly after the execution of this
.lease, with rent payments being due and payable monthly each and
every month thereafter, during the term of this lease. Total rental
for any month may not in any case exceed $600.00 per bingo occasion
actually conducted by lessee during that month.
Lessee shall make payment to the Lessor at:
Red River Valley Fair Association, Inc.
Center Street and 1750 N. E. 6th Street - Building "B"
Paris, Texas 75460
VI. REPRESENTATIONS OF LESSEE:
The Lessor agrees and acknowledges that Lessee is a non-profit
organization as that term is defined under the governing of the
bingo statutes in the State of Texas and that the Lessee holds a
valid license to conduct bingo within the State of Texas issued by
the Texas Alcoholic Beverage Commission of the State of Texas. It
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EXHIBIT A