1992-081-RES WHEREAS, the Paris Industrial Foundation, Inc., is desirous of locating industry in the Paris area; and,
RESOLUTION NO. 92-081
WHEREAS, the Paris Industrial Foundation, Inc., is
desirous of locating industry in the Paris area; and,
WHEREAS, the Paris Industrial Foundation, Inc., is
actively preparing an application to locate a fish hatchery
and research facility project in the Lake Crook area with one
of the possible sites consisting of approximately 60 acres of
the Lake Crook property fronting on FM 1499; and,
WHEREAS, it is deemed to be in the best
citizens of Paris that the City of Paris
acreage for such development; NOW, THEREFORE,
interest of the
make available
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS,
that the Mayor of the City of Paris, George Fisher, be, and
he is hereby authorized to execute on behalf of the City of
Paris an offer of option to Paris Industrial Foundation,
Inc., or its assigns for such consideration as is permitted
by law.
Passed and adopted this 24th day of September, 1992.
~ 4v
e r~her, Mayor
ATTEST:
B~~:n;nnY1~ant
City Clerk
APPROVED
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T. K.
OFFER OF OPTION
STATE OF TEXAS
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KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF LAMAR
That the City of Paris, Paris, Lamar County, Texas, a
municipal corporation, hereinafter called CITY, acting by and
through its Mayor, George Fisher, duly authorized, does
hereby give and grant an option to purchase 60 acres of Lake
Crook property fronting on FM 1499, to Paris Industrial
Foundation, Inc., or assigns, hereinafter called PIF, Upon
the following terms and conditions:
1. Upon such consideration as permitted by the laws of
the State of Texas and the Charter of the City of Paris.
2.
The
conveyance
of
such
property
would
be
conditioned Upon its use being for the location of a fish
hatchery and research facility, to benefit the citizens of
Texas through
the State of Texas Parks and Wildlife
discontinuance of its use for such purpose.
Department, and would revert to the City of Paris upon the
3. This option shall expire upon the 30th day of
Apr i 1, 1993, and mus t be accepted on or before November 1,
1992.
September, 1992.
Witness its hand at Paris, Texas, this 24th day of
EXHIBIT A
CITY OF PARIS
By:
George Fisher, Mayor
ATTEST:
Barbara Denny, Assistant
City Clerk
APPROVED AS TO FORM:
T. K. Haynes, City Attorney
ACCEPTED:
PARIS INDUSTRIAL FOUNDATION,
INC.
By:
Don McLaughlin, President
ATTEST:
Richard Amis, Secretary