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2003-034-RES APPROVE NEW SUBLEASE AGREEMENT BETWEEN PARIS RODEO AND HORSE CLUB CONCESSION STAND ~ ~ RESOLUTION NO. 2003-034 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS, APPROVING A NEW SUB-LEASE AGREEMENT FOR THE PARIS RODEO AND HORSE CLUB CONCESSION STAND WmCH IS A PART OF THE GROUNDS SUBLEASE BETWEEN THE RED RIVER VALLEY FAIR ASSOCIATION AND THE PARIS RODEO AND HORSE CLUB; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Red River Valley Fair Association has requested approval from the City Council of the City of Paris to approve a new Sub-Lease Agreement for the Paris Rodeo and Horse Club Concession Stand to replace the existing concession sub-lease which is a part of the grounds sublease agreement with the Paris Rodeo and Horse Club approved July 9, 2001, in Resolution No. 2001-108; and, WHEREAS, it would be in the best interests of the citizens of the city of Paris that such new concession stand sub-lease agreement with Delesha Jeffery be approved; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS: Section 1. That the fmdings set out in the preamble to this resolution are hereby in all things approved. Section 2. That the Red River Valley Fair Association be, and it is hereby, granted approval to enter into a new concession stand sublease agreement between the Paris Rodeo and Horse Club and Delesha Jeffery in the form shown in Exhibit A, attached hereto. Section 3. That this resolution shall be effective from and after its date of passage. PASSED AND APPROVED this 10th day of February. 2003. ~z MIchael. Ies a ATTEST: ~~'~~.o Ma Ie gham, Ity ler APPROVED AS TO F RM: PARIS RODEO & HORSE CLUD CONCESSION LEASE AGREEMENT I. \)e.1 e ~ha. Je.. ffe~L (lessee), am entering into this contract with .the Paris Rodeo and Horse CI essor) to lease the concession stand from March through the last playday of the season. I am leasing under the following conditions: I. The lessee may have one (I) deep freeze and one (I) refrigerator using the electricity for the time mentioned above. 2. The lessee must furnish a key to each lock inside and outside of the concession stand to the President of the Paris Rodeo and Horse Club. 3. The lessee must furnish an insUrance policy of $500,000 combined single limited policy that includes the insured as the City of Paris, lessee, Paris Rodeo and Horse Club and the Red River Valley Fair Association. 4. At anytime, if the Paris Rodeo and Horse Club directors' feel there could be a better way to run the concession stand or relieve congestion around the concession stand, these suggestions will be offered to lessee. 5. The lessee agrees upon 10 days prior to a major event all utilities and other equipment deemed necessary for fully covering the event may be turned on. Immediately after the event, all but the deep freeze and refrigerator should be turned off. . 6. After the last playday of the year, all utilities must be turned off until the beginning of the next year. 7. Paris Rodeo and Horse Club prefers that the lessee have 2 areas away from the concession area for event attendees to purchase drinks only. 8. Lessee agrees to pay the lessor 20% of the gross income of concession sales. 1his amount is to be paid at the end of the event year. 9. Arena Tenants may be allowed to conduct a free-standing concession stand provided Tenant agrees to pay full-time concessionaire the sum of $500 per day. Proof of insurance must be provided for concession stand to Landlord, the City of Paris and the Red River Valley Fair Association. Tenant also agrees to pay Paris Rodeo and Horse Club the sum of $50 for each electrical hookup required in the concession area(s). 10. Failure to comply with the above agreement which constitutes a default of the agreement and at lessors discretion can take appropriate steps deemed necessary. Any expenses incurred by the Paris Rodeo and Horse Club to return property to the original state will be paid by the lessee. 1his agreement is agreed upon ~s l'lR day of D ~ ACrftJlLCLJ 4\ 1 Lessee (" 4d ;g,-t!- Paris Rodeo and Horse Club EXHIBIT .A.