1988-043-RES WHEREAS, the City Council of the City of Paris did heretofore on April 11, 1988, authorize the outdoor
RESOLUTION NO. 88-043
WHEREAS, the City Council of the City of Paris did
heretofore on April 11, 1988, authorize the outdoor
advertising lease with Tex/Oko Outdoor Advertising for the
refurbishing and continued maintenance of the sign located
on Lot 6, Block 276; and,
WHEREAS, Tex/Oko Outdoor Advertising desires to lease
said outdoor advertising sign on the terms and conditions
set forth in Lease Agreement attached hereto as Exhibit A;
NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PARIS, That the 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 the Lease Agreement
with Tex/Oko Outdoor Advertising, upon the terms and
conditions and in the form attached hereto as Exhibit A.
Passed and adopted this 9th day of May, 1988.
tp~
Bil Y Burnett, Mayor
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ATTEST:
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~t\.TI~'~~~~~
Mattie Cunning am, City er
7~~
'------T. K. aynes, C1.tyAttorney
.----
~,"AS," AGREf./-mNT
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.
This agreelllent of Leose, lIIode tills ::>nd.
by and between CITY OF PARIS
hereinafter deslgnoted "LI~<;SUR", porty of the first port, ond 'T'F:l(/OKO
OUTDOOR ADVERTISING , herelnofter designated "LESSEE", party of the se-
doy of MAY
A.D., 19.1!..a.-
cond port, WlT!lN,"SSETII:
'I.
Lessor does hereby demJ.se, lease ond let unto lessee the following
piece or porcel of lond, located in: LOT 6 CITY BLOCK 276
PARIS 75460. EAST SIDE OF PROPERTY.
described
CITY OF
for the purposes of constructing, erection, building and maintaining advertising
structures and supports thereon, together with the right to bill-post and service
advertisements upon soid structures;-'i) 10' x40 0 BACK TO BACK
OR ANY STRUCTURE (LEGAL) NEEDED TO FULLFILL ADVERTISING NEEDS.
TO !lAVE AND TO !I0LD
assigns, for the term of
19 88 , at the ANNUAL
($ 300.00 ) Dollars per
of sum of THREE HUNDRED
unto the said lessee, his heirs, administrators and
5 (FIVE) 1st. JULY
years from the day of
1 f 11HREE HUNDRED DOLLARS
rento 0
YEAR , payable ANNUALLY
DOLLARS
in advance, payment
($ 300.00 ) Dollars being hereby
acknowledged.
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2. After the term hereof, or any renewal hereof, this Ip.ase sh:Jll,automati-
cally renew itself from yenr to yenr, upou (layment of the rent in accordance with
the provIsions of pnrngrnph illle here.l.nobove, unless written notice of termination
hereof is gIven by lessor to lessee not less than thirty (30) days prior to the
end of the then current yeor.
3. Any and all advertising structures or parts thereof placed upon the
premises leased hereunder shall be .considered and remain personal property of
.,
the lessee, and he sholl hove the right to remove the some within a reasonable
time upon the termination of thIs lease or any renewal thereof.
4. In the event that the lessee's signs located upon said premises become
partially or entirely obscured or destroyed without fault of the lessor, or if
lessee be prevented by law or ordinnnce or other official regulation from erecting
or hlaintaining its signs, then lessee moy. ot his option, terminate this lesse
forthwith, and lessor sholl refund to lessee, upon request, any rent paid in
advance for the unexl,lred term.
EXHIBIT A
:<5. Leasor wonol'ta tilDe ,Ie hos (load ri8ht to lense the _ _ove ('remiaes,.
COllvellnllts thnt he will Wonnllt nlld ddolld the snid ('romlses ill the 'Iuiet olld
l'eocenHe I'ussossioll of the lellsoe dudllll the tel m hereof 01111 OilY rellewol
heleof, ollll fUlther Il"nllllltoell to the ,I.eonee tile Il(lht of unrestricted in(lress
011.1 ollloaa to 11I111 frOIll IIl1hl l'll,,"lnool lensoe 1I11leos to hold nlld sove lessor
hon1l10so frOIll 11IIY dllllllll\e 01' 1l1l1l.l.J..tty whIch I1II1Y orlse out of the 1'10c1111l or
11I01lltol11iu8 of lesOl!o' n Iltlllctlll on ul'oll nnld ('loUlloos.
6. . Lessor Olln!es lIot to uae or l'el11l1t III1Y ulle to be mode of the ('leUllses
helelll leosoll to /l1l1.1 .1 e/lOlll"' , III 11111 oth'!1 1" "pel ty oWlled 01 cOlltloUed by sold
leosol' wHhlll [ho hllllll...!!1 ei(HIJ I N!t lIe 11111.1 .I,'lllsoe' s IIdvoltlslllll structules .01'
dlsl,ll1Ys [01 III1Y othel' 1111 VI!! 1..1.111.1111 nl.ll!cl.\Il'OO.
7. In tho evollt thllt the 11\011I1000 lonsod horellllller ole sold durill8 the term
of this lease, orulIY. ronowlIl heleof, they sholl be Bold subject to this leose.
I
O. Tltls ngleelllellt :Lo 1I.l.1I111l1g 1I1"111 olld ill [ovor of the ('orties hereto 811d
their rosl'ective heho, mllll.I.lIlstlotuls I Sllccossors olld ossiglls.
IN wrnmss WllmmUF, these III'osellts hove bee II sillllod olld sealed by the
respective IJorties hereto, '011 tke d01 olld year first above writtell.
I ogree
etty IIccoldillR to thIs OCI'OOIllOllt. .
CITY OF PARIS
DY:
T x/ ERTISING
P. BOX 647
PAR~p, TEXAS 75460
(214) 784-7802
.,
IlY:
AIJ/JlmssBilly Joe Burnett, Mayor
l'IIUNg
APPROVED BY:
ATTEST:
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" ~.' " "
Mattie Cunningham, City Clerk