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1995-028-RES WHEREAS, CITY COUNCIL DID HERETOFORE IN RESOLUTION NO 1915 RESOLUTION NO. 95-028 WHEREAS, the City Council of the City of Paris did heretofore, in Resolution No. 1915, on the 8th day of January, 1979, authorize the execution of a Lease Agreement with James M. Wrenn, Jr.; and, WHEREAS, the City Council of the City of Paris did heretofore, in Resolution No. 90- 010, on the 12th day of February, 1990, authorize the execution of a Lease Agreement with James M. Wrenn, Jr., renewing the prior lease for a period of five (5) years, beginning March 1, 1990, and ending February 28, 1995, which renewal lease is dated October I, 1990; and, WHEREAS, the City Council of the City of Paris is in receipt of an Exercise of Option from James M. Wrenn, Jr., attached hereto as Exhibit A, for a five (5) year extension of said renewal lease dated October I, 1990; and, WHEREAS, James M. Wrenn, Jr. was incapacitated during the latter part of the notice period and was unable to give notice as required under the above-referenced lease; and, WHEREAS, the City Council deems it appropriate to grant the exercise of option to James M. Wrenn, Jr. for five years, which will extend the term of said renewal lease from March 1, 1995, to February 28, 2000, and the City Manager, Michael E. Malone, should be authorized to acknowledge acceptance of said Exercise of Option by signing the same; and, WHEREAS, the City Council of the City of Paris did heretofore, in Resolution No. 91- 050, on the 10th day of June, 1991, authorize the execution of Addendum No. One to Lease Agreement dated October I, 1990; and, WHEREAS, the terms of the extended lease agreement are in need of revision, and an Addendum Number Two to Lease Agreement dated October I, 1990, in the form of Exhibit B, attached hereto, should, in all things, be approved, and the City Manager, Michael E. Malone, should be authorized to execute the same; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, that the Exercise of Option by James M. Wrenn, Jr., attached hereto as Exhibit A, be, and the same is hereby, granted for a period of five (5) years, beginning March 1, 1995, and ending February 28, 2000; 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; and, BE IT FURTHER RESOLVED, that Addendum Number Two to Lease Agreement dated October 1, 1990, in the form of Exhibit B, attached hereto, be, and the same is hereby, approved; 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 execute, on behalf of the City of Paris, . . or. . . .r>......r.. .. . .. ..........". ATTEST: ~~'"\ ~~~fN1J Mattie Cunningham, City Clerk 3VED ORM, T. K. Haynes, City Attorney EXERCISE OF OPTION STATE OF TEXAS ) ) ) KNOW ALL MEN BY THESE PRESENTS: COUNTY OF LAMAR KNOW ALL MEN BY THESE PRESENTS, That James M. Wrenn, Jr. did heretofore, in the Lease Agreement dated October I, 1990, lease that portion of Cox Field property known as the main hangar, being described more fully on Exhibit A to said lease, attached thereto and made a part thereof, from the CITY OF PARIS, Paris, Texas, a municipal corporation. James M. Wrenn, Jr. does hereby execute his option for the five (5) year period beginning March I, 1995, and ending February 28, 2000, at the rental rate of $375.00 per month, plus utilities. SIGNED this 13th day of January, 1995. James M. Wrenn, Jr. Acceptance of the above Exercise of Option is acknowledged this 13th day of February, 1995. CITY OF PARIS By: Michael E. Malone, City Manager ATTEST: Mattie Cunningham, City Clerk APPROVED AS TO FORM: T. K. Haynes, City Attorney ADDENDUM NUMBER TWO TO LEASE AGREEMENT DATED OCTOBER 1,1990, BETWEEN JAMES M. WRENN, JR. AND THE CITY OF PARIS, PARIS, TEXAS STATE OF TEXAS ) ) COUNTY OF LAMAR ) KNOW ALL MEN BY THESE PRESENTS, that this Addendum to Lease Agreement, made this 13th day of February, 1995, by and between James M. Wrenn, Jr., hereinafter called LESSEE, and the City of Paris, Paris, Texas, acting by and through its City Manager, Michael E. Malone, duly authorized, hereinafter called LESSOR, WITNESSETH It is hereby mutually agreed by LESSEE and LESSOR that the following paragraph be amended to read as follows: "20. That LESSEE may provide aircraft maintenance at Cox Field throughout the term of this lease or any extension hereof. LESSEE may, at his option, provide aircraft maintenance services through other licensed individuals. " Executed on the 13th day of February, 1995. CITY OF PARIS By: Michael E. Malone, City Manager ATTEST: Mattie Cunningham, City Clerk APPROVED AS TO FORM: T. K. Haynes, City Attorney LESSOR EXHIBIT B James M. Wrenn, Jr. LESSEE STATE OF TEXAS ) ) COUNTY OF LAMAR ) BEFORE ME, the undersigned authority, on this day personally appeared MICHAEL E. MALONE, City Manager of the City of Paris, Paris, Texas, 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 and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OJ<' OFFICE, this _ day of February, 1995. Notary Public, State of Texas STATE OF TEXAS ) ) COUNTY OJ<' LAMAR ) BEFORE ME, the undersigned authority, on this day personally appeared JAMES M. WRENN, JR., 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 February, 1995. Notary Public, State of Texas