2222 ORD GRANTING FRANCHISE TO FIRST NATIONAL BANK OF PARIS TO USE PORTION OF SPACE UNDER SURFACE OF SIDEWALK ETCORDINANCE NO. 2222
AN ORDINANCE GRANTING A FRANCHISE TO THE FIRST
NATIONAL BANK OF PARIS, OF TOHE DEWAOR~ION
OF THE SPACE UNDER THE SURFACE
PARKWAY AND STREET RIGHT OF WAY, BEGINNING AT THE
ORIGINAL NORTH WALL OF TH IN SAID PARKWAY TO THE SOUTH
ING AND PROCEEDING NOR
BOUNDARY LINE OF WEST HOUSTON STREET AND CONTINUING
NORTH ACROSS SAID STRE OFO WESOTINHOUSTON STROEET, FOR
THE NORTH BOUNDARY LINE
THE PURPOSE OF INSTALLING AND MAINTAINING A SEVEN
INCH (7 ) PNEUMATIC TUBE FOR THE PURPOSE OF CONNECT-
ING THE MAIN BANKING HOUSE OF THE FIRST NATIONAL BANK
OF PARIS WITH ITS DRIVE_FIVE N YEARSI AND FIXING THE
FOR A TERM OF TWENTY (5)
RENTAL THEREFOR.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
PARIS:
Section 1. In consideration of the payment to the City of Paris
of the annual rentals hereinafter set out and in strict compliance by
The First National Bank of Paris with the terms and conditions here--
of, said Company is hereby authorized to use the following portions
under the sidewalk, parkway and street right of way, for the installa-
tion and maintenance of a seven inch (7") pneumatic tube for the pur-
pose of connecting the main banking house of The First National Bank
of Paris with its drive-in banki og ~allare describedt as followsa side-
walk, parkway and street right y
Being a parcel approximately 151. 4 feet long and
being approximately 8.5 feet wide;
Beginning at and adjacent to the North wall of the
original First National Bank building and proceeding in
a Northerly direction adjacent to the West Boundary Line
of lst Street, N. W. to the South Curb Line of West
Houston Street, and continuing North across West Houston
Street to a p° on Street, whi h pont is 2 tfeet North ofl
of West Houst the
South East Corner of City Block 9.
Section 2. The franchise of user herein granted shall be for a
term of twenty-five (25) years subject to the right of the City of
Paris to, at any time, alter, reform or amend it, or to appropriate
all of said space, or any portion of the same, to the exclusive use of
the City when same may be needed for corporate purposes, after
giving thirty (30) days written notice of such intention, or the right
of the City Council to cancel same in the event public necessity and
convenience so requires. The City of Paris reserves the right to re-
ide-
quire The First National Ba i We Pa~ssundergroundtstructures dtosmeet
walk grades and to alter or
changing conditions.
Section 3. The First National Bank of Paris shall pay, in
advance, to the City of a herenabove. al Aft r rental O rst~yearr all . 00)
for the space describe
rental charges shall be paid on the lst day of January of each year.
Section 4. The doing of any wor Nat onal Bank of Par s,nor any
any space herein granted by The First
other person, firm or corporation autho Ve ev dencee oflthe acceptance
Bank of Paris to so do, shall be conclusl
by said The First National Bank of Paris of all of the provisions of
this ordinance and all other ordinances ° a1a Cilty, °i.ng the ell
as all provisions of the City Charter of s Y govern
granting of franchises, and shalaexhe rental spe ifiediherepn,cto keep
its successors and assigns, to p y arkway
and maintain said premises surface
o samedunobs ruct~ed, in
and street right of way over and ~
good repair and in safe condition for e life of uninterrupted
franchisesor
at all times by the general public dur ng the
use of the same, and also to indemnify the City of Paris
orspro y
and all claims, actions and suits for damage to any person
perty growing out of or arising from the S to any person byder
this franchise, or any damage or inJury resulting
reason of the impairment of the saf ar~nof thetsurfacedof Ssa a s ae-
genera l pu b li c o f t h e w h o l e o r a n y p
walk, parkway or street right of waY:ts ole cost, any and all suits
Paris express l y a g r e e s t o d e f e n d, a t i
that may be instituted against the CiTy~°ta pers nal damages or
mages to real property or personal p PeTy or all costs,
inj ury of any kind or character whatsoever, and to pay out attorney's fees and any and all other expea d o rl ~ 11 su h judgmentgs
prosecution or defense of any such suits, Pay all
suits that may be rendered against the CiTy~°ta a citizen or other
that may be filed against it by any p perY owner, person, firm or corporation for damages or injuries to either person
or property growing out of or arising of Parissedsbservantsgli-
gence of the said The First National Bank
agents, employees, licensees, invitees or permittees, or by t on
by The First National Bank of Paris of the franchise or any port
of said franchise that may be granted by this ordinance.
Section 5. The lease or franchise gonsent hs erein give bylthet be
assignable or transferrable unless prior
City Council of the City of Paris and the assignee or transferree
shall assent in writing to all the provisions of this ordinance; a
failure to file said assent inerdate of uchgconsent shall,ewithout
within thirty (30) days from h
any further action on the part o e t CitC Ps
Par to proceed to emove
chise or lease and authorize th y of
any such structure and close th pheepurp sepled or to take any
other steps deemed necessa y for
Section 6. Failure to pay the rental provided herein when due
will authorize the City Council of the City of Paris, at its option, to
repeal or revoke any rights granted under this ordinance, but said
National n 4 hereof.
revocation or repeal shall not rele First
Paris of or from any obligations placed on
Section 7. This franchise shall be subject to all terms and
men of
conditions of the Charter of the City s ordinances
said City whether such terms and conditons are
tioned herein or not, and the granting of this franchise is declared
to be for the public convenience.
Section 8. This ordinancea aafinal reading as sixty in the
from and after adoption on third
Charter of the City of Paris.
Introduced, read and passed on first reading on March 10,
1975, at a regular meeting of the City Council of the City of Paris;
second reading at a regular meeting of the City Council on April 14,
1975; and final reading at a regular meeting of the City Council on
May 12, 1975, the same being three (3) separate regular meetings
of the City Council of the City of Paris, the last being not less than
thirty (30) days from the first.
Passed and adopted this 12th day of May, 1975.
Ja ~ M. Brunette, Mayor
ATTEST:
H, . Uree e, City Clerk
APP OVED ~S 0 FORM:
K. ay es, ity ttorney