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1991-048-RES WHEREAS, the City Council of the City of Paris did heretofore in Resolution No. 1440, approve the RESOLUTION NO. 91-048 WHEREAS, the City Council of the City of Paris did heretofore in Resolution No. 1440, approve the execution of an Agreement of Option to Lease from Agpro, Inc.; and, WHEREAS, the terms of the lease agreement are in need of revision and an Addendum Number Four to Agreement of Option to Lease dated August 9, 1971, in the form of Exhibit A attached hereto should be approved; NOW, THEREFORE, that Addendum Number Four dated August 9, 1971, in hereto, is hereby approved. to Agreement the form of of Option Exhibit A OF PARIS, to Lease attached BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY BE IT FURTHER RESOLVED, tha t the Ac t ing Mayor of the City of Paris, Billy Joe Burnett, be, and he IS hereby authorized and directed to execute on behalf of the City of Paris, Addendum Number Four to Agreement of Option to Lease dated August 9, 1971, attached hereto as Exhibit A. Passed and adopted this 10th day of June, 1991. ATTEST: Mattie CunnIngham, City ADDENDUM NUMBER FOUR TO AGREEMENT OF OPTION TO LEASE DATED AUGUST 9, 1971, BETWEEN AGPRO, INC. AND THE CITY OF PARIS, PARIS, TEXAS STATE OF TEXAS ~ ~ COUNTY OF LAMAR ~ KNOW ALL MEN BY THESE PRESENTS that this Addendum to Agreement of Option to Lease, made this 10th day of June, 1991, by and between Agpro, Inc., by and through its President, Joe Gribble, hereinafter called LESSEE, and the City of Paris, Paris, Texas, acting by and through its Acting Mayor, Billy Joe Burnett, duly authorized, hereinafter called LESSOR, WITNESSETH: It is hereby mutually agreed by LESSEES and LESSOR, that the following paragraphs be amended to read as follows: 8. That LESSEE agrees to indemnify, save, keep and hold harmless LESSOR from and against any and all demands, debts, liabilities, suits, claims and causes of action of every kind and character whatsoever for damage or injuries to persons and/or property occurring on the leased premises resulting from LESSEE'S, its invitees, agents, servants or employees' use, and LESSOR shall not be liable to LESSEE, its invitees, agents, servants, employees or visitors EXHIBIT A due to the improvements located thereon, or hereafter cons true ted, or any other cond i t ion of the premises be ing improperly constructed, maintained or being or becoming out of repair, LESSEE hereby waiving any defects therein and agrees to hold and save LESSOR harmless from all claims for any such damages or injuries, and LESSEE must at all times during the term of this agreement, and any extensions thereof, keep and maintain in full force and effect a policy or policies of insurance, providing at least $250,000.00 per person and $500,000.00 for any single occurrence for bodily injury or death and $100,000.00 for any single occurrence for injury to or destruction of property, indemnifying all persons for any and all damages, personal injuries or property damages sustained in or upon the premises of said leased proper ty, or any par t thereof, as the res ul t of the negligence of LESSEE, its invitees, agents, servants or employees, and shall pay all premiums due thereon when due. It is expressly provided that such insurance policy or policies shall and must be written and issued by a reputable insurance company or companies, with LESSOR as an additional insured, subject to approval by the City Attorney of the City of Paris, and LESSEE or its insurance carrier or carriers shall deliver a copy of any such policies to the City Clerk of the City of Paris, 150 1st S.E. Street, Paris, Texas 75460, or furnish to said City Clerk a current letter or certificate from such company or companies, evidencing the fact that such insurance is in full force and effect at all times during this lease and any extension thereof and specifically noting thereon that LESSOR is an additional insured. All such policies shall be written so that the LESSOR will be notified of cancellation or of any restrictive amendment of the policies at least thirty (30) days prior to the effective date of such cancellation or amendment. Notice shall be by certified mail, return receipt requested, addressed to the LESSOR at the following address: City Clerk, City of Paris, P. O. Box 9037, Paris, Texas 75461-9037. Executed on the 10th day of June, 1991. CITY OF PARIS By: Billy Joe Burnett, Acting Mayor ATTEST: Mattie Cunningham, City Clerk APPROVED AS TO FORM: T. K. Haynes, City Attorney LESSOR AGPRO, INC. By: Joe Gribble, President ATTEST: Joann Gribble, Secretary LESSEE STATE OF TEXAS ~ & COUNTY OF LAMAR ~ BEFORE ME, the undersigned authority on this date personally appeared Joe Gribble, President of Agpro, Inc., 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 OF OFFICE this June, 1991. day of Notary Public, State of Texas Printed Name: My Commission Expires: STATE OF TEXAS ~ ~ COUNTY OF LAMAR ~ BEFORE ME, the undersigned authority, on this day personally appeared Billy Joe Burnett, Acting Mayor 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 consid- eration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this 10th day of June, 1991. Notary Public, State of Texas Printed Name: My Commission Expires: