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1991-082-RES WHEREAS, the City Council of the City of Paris did in Resolution No. 91-078, dated July 15, 1991, RESOLUTION NO. 91-082 WHEREAS, the City Council of the City of Paris did in Resolution No. 91-078, dated July 15, 1991, authorize the advertising for bids for lease of 235 acres of Lake Gibbons property consisting of 175 acres of hay and 60 acres of pasture, which bids were received until 3:00 o'clock P.M., Wednesday, July 31, 1991; and, WHEREAS, the best bid for such pasture lease was made by TERRY McFATRIDGE, Brookston, Texas, and he should be awarded the bid for such lease; and, WHEREAS, the form of lease agreement for such pasture lease, attached hereto as Exhibit A, should be approved, and the Mayor should be author ized to execute the same; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, that the bid of TERRY McFATRIDGE, for the pasture lease in the amount of $1,351.00 is hereby accepted and let cond i t ioned upon the lessee meet ing all of the terms and specifications included in the bid documents, and, BE IT FURTHER RESOLVED, that the form of Pasture Lease Agreement attached hereto as Exhibit A, is hereby approved, and that the Mayor of the City of Paris, George Fisher, be, and he is hereby authorized and directed to execute on behalf of the City of Paris a pasture lease agreement with TERRY HcFATRIDGE, upon the terms and conditions and in the form attached hereto as Exhibit A. Passed and adopted this 12th day of August, 1991. ~t:~r ATTEST: ~~\~~ ~~:J Mattie Cunning am, Ci y C er APPROVED , City Attorney /' ./ STATE OF TEXAS COUNTY OF LAMAR PASTURE LEASE AGREEMENT ~ ~ KNOW ALL MEN BY THESE PRESENTS: That the CITY OF PARIS, a municipal corporation, of the County of Lamar and State of Texas, hereinafter called LESSOR, for and in consideration of the sum of One Thousand Three Hundred Fifty-One Dollars ($1,351.00) cash to it in hand paid by Terry McFatridge, hereinafter called LESSEE, the receipt of which is hereby acknowledged, and in consideration of a like payment of $1,351.00 each year, said $1,351.00 to be due on or before September 1st of each year, has bargained and sold, and does by these presents bargain and sell unto the sa id LESSEE, for a period of five (5) year s, beginning september I, 1991, upon all that certain tract of land owned by the City of Paris, situated in Lamar County, Texas, and known as the Lake Gibbons property, consisting of approximately 60 acres South of F .M. Road 2820 for grazing purposes. Said LESSOR does hereby further grant and sell unto the said LESSEE the right of ingress and egress to and from said property at any time during the period of this lease for the purpose of grazing said lands, and for the purpose of inspecting, improving or fertilizing such lands. Said LESSOR does own all fence now existing on the Lake Gibbons property, and all additional fence built upon said property becomes the property of the LESSOR. Maintenance of fences shall be the responsibility of the LESSEE. LESSEE agrees to hold LESSOR harmless from any liability . ~rr"'''' 0'- I.ESSEE' S agents or employees iRjury 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 property, or any part thereof, as the result of the negligence of LESSEE, its members, 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 the CITY OF PARIS as 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 such policies to the City Clerk of the City of Paris, 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 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 LESSOR at the following address: City Clerk, City of Paris, P. O. Box 9037, Paris, Texas 75461-9037. LESSEE agrees to pursue good land management practices with regard to the leased premises. In the event that LESSEE shall keep each and every for and in consideration of the sum of $1,351.00, payable in equal annual installments of $1,351.00 each, the first of which will be due and payable on or before September 1, 1996, with a like payment being due and payable on or before the 1st day of September of each year thereafter during the term of said five year option period. Said option may be exercised by Lessee's giving notice in writing of Lessee's intention to renew said lease on or before the 1st day of January, 1996. Executed on the dates shown in acknowledgements below. CITY OF PARIS By: George Fisber, Hayor ATTEST: Mattie Cunningham, City Clerk LESSOR APPROVED AS TO FORM: T. K. Haynes, City Attorney TERRY McFATRIDGE, LESSEE STATE OF TEXAS ~ COUNTY OF LAMAR ~ BEFORE ME, the undersigned authority, on tbis day personally appeared GEORGE FISHER, Mayor of the City of Paris, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he , .. ~_~ .....t..._ _..__~___ __...:I _.,,__.:...:I........^~.:........... t-I-.""~",,,';..... STATE OF TEXAS ~ COUNTY OF LAHAR ~ BEFORE ME, the undersigned authority, on this day personally appeared TERRY McFATRIDGE, 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 August, 1991. Notary Public, State of Texas