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1991-038-RES WHEREAS, the City Council of the City of Paris did heretofore in Resolution No. 87-006 authorize the RESOLUTION NO. 91-038 WHEREAS, the City Council of the City of Paris did heretofore in Resolution No. 87-006 authorize the leasing of certain fairground property to the Red River Valley Fair Association, Inc. and thereafter as amended in Resolution No's 87-036 and 89-036; and, WHEREAS, it has been brought to the attention of the City Council of the City of Paris that certain requirements in said Lease Agreement are burdensome and ineffective and that said Lease Agreement with the City of Paris should be amended; and, WHEREAS, it is right and proper that said Lease Agree- ment be amended in the form of Addendum Number Three attached hereto as Exhibit A; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PARIS, that the amendment to the Red River Association, lnc.'s, Lease dated January 12, form of Addendum Number Three attached hereto be, and the same is hereby approved; and, THE CITY OF Valley Fair 1987, in the as Exhibit A BE IT FURTHER RESOLVED, that Eric S. Clifford, Mayor of the City of Paris, be, and he is hereby authorized and directed to execute on behalf of the City of Paris Addendum Number Three to the Red River Valley Fair Association, Inc. 's, Lease dated January 12, 1987, in the form of Addendum Number Three attached hereto as Exhibit A. Passed and adopted this 8th day of April, 1991. 4/r~ Eric S. Clifford, Mayor ATTEST: "m~''->~~~~) Mattie Cunning am, Ci C erk Attorney ADDENDUM NUMBER THREE TO RED RIVER VALLEY FAIR ASSOCIATION, INC.'S, LEASE DATED JANUARY 12, 1987, BETWEEN RED RIVER VALLEY FAIR ASSOCIATION AND THE CITY OF PARIS, PARIS, TEXAS STATE OF TEXAS ~ ~ COUNTY OF LA~~R ~ KNOW ALL MEN BY THESE PRESENTS That this Addendum Number Three to Red River Valley Fair Association, Inc.'s, Lease, made the 8th day of April, 1991, by and between Red River Valley Fair Association, Inc., and the CITY OF PARIS, PARIS, TEXAS, acting by and through its Mayor, Eric S. Clifford, duly authorized, WITNESSETH: It is hereby mutually agreed by and between Red River Valley Fair Association, Inc., and CITY OF PARIS, PARIS, TEXAS, that paragraphs 6 and 7 of said lease be changed to read as follows: " (6) That Lessee will deliver to Lessor annually a compulation of financial records prepared by a Certified Public Accountant on or before the first day of May of each year. (7) That Lessee will not sublet the rented premises or any part thereof for more than thirty (30) days without the consent in writing of Lessor first had and obtained." Executed on the dates shown in acknowledgements below. RED RIVER VALLEY FAIR ASSOCIATION, INC. By: Steve Glover, President EXHIBIT A ATTEST: Gordon Hogue, Secretary CITY OF PARIS By: Eric S. Clifford, Mayor ATTEST: Mattie Cunningham, City Clerk APPROVED AS TO FORM: T. K. Haynes, City Attorney STATE OF TEXAS ~ ~ COUNTY OF DALLAS ~ BEFORE ME, the undersigned authority on this date personally appeared Steve Glover, President of Red River Valley Fair Association, Inc., known to me to be the person whose name is subscr i bed to the for ego ing ins trumen t, 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 of April, 1991. day Notary Public, State of Texas STATE OF TEXAS ~ ~ COUNTY OF LAMAR ~ BEFORE ME, the undersigned authority, on this day personally appeared Eric S. Clifford, 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 8th day of April, 1991. Notary Public, State of Texas