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07 - Cox Field Agricultural Lease ExtensionItem No. 7 memorandum TO: Mayor & City Council Grayson Path, City Manager FROM: Janice Ellis, City Clerk SUBJECT: COX FIELD AGRICULTURAL LEASE EXTENSION DATE: July 13, 2020 BACKGROtTND: We entered into a five-year lease with Carey Eatherly & Ryan Eatherly beginning January 1, 2016 and terminating December 31, 2020. The purpose of this lease was to provide for the Eatherlys, adjacent ranchers, to bale hay on airport property and to provide some mowing. The lease agreement allows for an extension of an additional five (5) year period, provided all requirements of the lease have been met and the Tenant notifies the city of their desire to extend the lease by no later than June 30, 2020. STATUS OF ISSUE- On June 26, 2020, the Eatherlys notified the City that they desire to extend the current lease agreement for an additional five years. I have confirmed with city staff member Lance Nicholson and airport manager Jerry Richey that the Eatherlys have in fact complied with the terms of the lease agreement. BUDGET: Will save the City money for mowing. RECOMMENDATION: Approve a Resolution extending the agricultural lease agreement with Carey Eatherly and Ryan Eatherly. RESOLUTION NO. WHEREAS, Carey Eatherly and Ryan Eatherly enjoy an existing agricultural lease FA endingWHEREAS, the current lease was for a period of five (5) years, beginning January 1, 2016 and d WHEREAS,.rey Eatherly and ,?dditional five years beginning January 1, 2021 and * December providednotified the City of same as in the lease; d WHEREAS,., Agriculturalinterest of the City of Paris and its citizens to extend the Lease' 7 and herebydoes , r H , to execute the Lease ExtensionAgreement attached hereto and incorporated herein as EExhibit A, with Carey Eatherly and Ryan Eatherly, for the approximately 350 tillable acres of lad acres of land; and, f NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF TEXAS, THAT: Section 1e The findings set out in the preamble to this resolution are hereby in all things approved. Section The Lease Extension Agreement between the City of Paris and Carey atherly, a copy of which is attached hereto as Exhibit A, be, and the same is hereby approved. Section 3. The City Manager of the City of Paris be, and is hereby authorized to execute said lease extension agreement and any and all other - o DULY PASSED AND APPROVED this 13th day of July, 2020. Steven J. Clifford, M.D., Mayor ATTEST: Janice Ellis, City Clerk APPROVED AS TO FORM: Stephanie H. Harris, City Attorney EXTENSION OF LEASE THE STATE OF TEXAS § COUNTY OF LAMAR § KNOW ALL MEN BY THESE PRESENTS WHEREAS, Carey Eatherly and Ryan Eatherly of Paris, Lamar County, Texas enjoy an existing agricultural lease agreement with the City of Paris for approximately 350 tillable acres of land in and around the runways and taxiways of Cox Field, utilized solely for growing hay; and WHEREAS, Carey Eatherly and Ryan Eatherly's current lease was for a period of five (5) years, beginning January 1, 2016 and ending December 31, 2020; and WHEREAS, Carey Eatherly and Ryan Eatherly desire to extend their lease for an additional five (5) years effective January 1, 2021 to December 31, 2025; and WHEREAS, the city council of the City of Paris, acting in open session on July 13, 2020, approved a five (5) year lease extension, retaining all other requirements of the current lease, and authorized its City Manager to execute said lease extension; This EXTENSION OF LEASE is hereby made by and between the City of Paris, Texas, a home rule municipal corporation, and Carey Eatherly and Ryan Eatherly of Paris, Lamar County, Texas. EXECUTED on this 13th day of July, 2020. THE CITY OF PARIS, TEXAS LESSEES Grayson Path, City Manager Carey Eatherly Ryan Eatherly ATTEST: Janice Ellis, City Clerk APPROVED AS TO FORM: Stephanie H. Harris, City Attorney