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1998-108-RES WHEREAS, CITY COUNCIL DID HERETOFORE ON THE 12TH DAY OF MAY " . - RESOLUTION NO. 98-108 WHEREAS, the City Council of the City of Paris did heretofore, on the 12th day of May, 1997, in Resolution No. 97-047, approve the Lease Agreement with Mike Grigsby for the lease of the amusement park area of Culbertson Park; and, WHEREAS, Mike Grigsby has notified the Parks and Recreation Director of the City of Paris, Terry Townsend, of his desire to cease to operate the miniature golf course located in said amusement park area as stated in letter attached hereto as Exhibit A; and, WHEREAS, in accordance to paragraph two of said lease, the Lessee can make known his desire or intention to cease to operate thereat and thereon and the Lessor may cancel this lease by action of its Governing Body without liability to Lessee; and, WHEREAS, it is deemed appropriate that this lease between Mike Grigsby and the City of Paris be canceled, and the same should be approved; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, that the Lease Agreement between Mike Grigsby and the City of Paris dated on the 12th day of May, 1997, be, and the same is hereby, canceled. PASSED AND ADOPTED this 10th day of August, 1998. ATTEST: Mattie Cunningham, City Clerk APPROVED AS TO FORM: , I SteItI2fiv Scott P. Foster, City Attorfu!y ~ . Mi~t ~QiG~5Y 320 32nd S. E. Paris, Texas 75460 Home (903) 784-1959 Office (903) 737-9857 Fax (903) 785-1779 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~N~N~NNN~NNNNNNN NNNNNN~NNNN~NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN City of Paris, Texas Attention: Parks Department / Terry Townsend Re: Culbertson Mini Golf Course This letter is to request an immediate release from all obligations relating to the lease agreement between myself and the city concerning the mini golf course at Culbertson Park. I have spent several thousand dollars renovating, decorating, and repairing the facilities and have spent several thousand dollars advertising and promoting the course but still, this business endeavor has been a financial disaster for me and I can no longer keep it afloat. " ,I The location is apparently bad for a commercial endeavor and the reputation earned over the years prior to my attaining the course has proven impossible to overcome. In good faith, I have given it my best shot, but, the costs of rent, utilities, insurance, equipment, advertising and staff grossly outweigh any realistic income potential and I simply can not continue to pour money and resources into Culbertson mini golf. I pray your relief. '/ \ Godspeed.. . Mike Grigsby [XHlB'T A