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1988-108-RES WHEREAS, the City Council of the City of Paris continues to support the efforts of the total industrial RESOLUTION NO. 88-108 WHEREAS, the City Council of the City of Paris continues to support the efforts of the total industrial team of the City of Paris to promote the location of industry in and near the City of Paris so as to provide additional jobs for the City and the area and to promote commerce; and, WHEREAS, it is deemed to be in the best interest of the City of Paris for the City Council of the City of Paris to make assurances to Tenaska III as permitted under Vernon's Texas Codes Annotated, Local Government Code, Section 42.044; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, That the City of Paris, acting by and through its City Council does hereby agree to and guarantee the contin- uation of the extraterritorial status of the property described on Exhibit A attached hereto, being property leased from Campbell Soup Company by Tenaska III and its successors, for a period of seven (7) years. BE IT of Paris, authorized Resolution FURTHER RESOLVED, That the City Clerk of the City Mattie Cunningham, be, and she is hereby and directed to furnish a certified copy of this to Campbell Soup Company. Passed and adopted this 24th ATTEST: ~.~,~~ Mattie Cunning am, Cit er FORM: City Attorney TENASKA III Being all that certain tract of land situated about 3 miles North of the City of Paris, Lamar County, Texas, a part of the Reddin Russell Survey, being a part of a 35.6 acre tract of land conveyed to Campbell Soup Co., a New Jersey Corporation by deed recorded in Vol. 565, Page 113, Lamar County Deed Records and being a New Jersey Corporation by deed recorded in Vol. 700, Page 922, Lamar County Deed Records and being further described as follows: TRACT I: Beginning at an iron pin for corner situated South 60 02' 20" "Jest 617.91 feet and North 840 23' West 122.36 feet from the Northeast corner of said 34.128 acre tract; Thence South 50 37' West a distance of 16'01.04 feet to an iron pin for corner in the West Line of a Railroad Spur right-of-way and a curve to the right having a radius of 586.62 feet; Thence Southwesterly with said curve to the right having a long chord bearing South 350 IS' West 83.94 feet, an arc distance of 84.01 feet to an iron pin for corner; Thence North 840 23' West a Clistance of 468.5 feet to an iron pin for corner; Thence North 50 37' East a distance of 1674.0 feet to an iron pin for corner; Thence South 840 23' East a distance of 510.0 feet to the place of beginning and containing 852,310 square feet of land, also containing 19,566 acres of land. TRACT II: COlP.mencing at an iron pin in the South Line of Lake Crook Road, the Northeast corner of said 34.128 acre tract; Thence South 6" 02' 20" West with the East Line of said 34.128 acres a distance of 617.91 feet; Thence North 840 23' West a dis tance of 237.36 feet to a point for corner; Thence South. 50 37' iron pin for the place of Thence South 50 37' iron pin for corner; Thence North 840 23' West a distance of 146.00 feet to an iron pin for corner; Thence North 50 37' East a distance of 134.00 feet to an iron pin for corner; Thence South 840 23' East a distance of 146.00 feet to the place of beginning and containing 19.564 square feet of land. ~lest a distance beginning; West a distance of of 355.00 feet to an 134.00 feet to an TRACT I II : Commencing at an iron Road, the Northeast corner Thence South 60 02' 34.128 acres a distance of Thence North 840 23' point for corner; pin in the South Line of Lake Crook of said 34.128 acre tract; 20" West with the East Line of said 617.91 feet; West a distance of 237.36 feet to a EXHIB!TA TRACT III (continued) Thence South 50 37' West a distance of 360.00 feet to an iron pin for the place of beginning; Thence South 840 23' East a distance of 135.00 feet to an iron pin for corner in the West Line of a Texas Utilities Trans- mission Line Easement; Thence South 50 37' West with said West Line a distance of 100.00 feet to an iron pin for corner; Thence North 840 23' West a distance of 135.00 feet to an iron pin for corner; Thence North 50 37' East a distance of 100.00 feet to the place of beginning containing 13;500 square feet of land.