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DRAFT <br />ALICE\RESWORK\CURRENT\RRVF Lease Res - Term Part <br />June 7, 2001 <br />RESOLUTION NO. ______________ <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, <br />PARIS, TEXAS, EXERCISING THE CITY'S OPTION TO TERMINATE IN <br />PART THAT LEASE BY AND BETWEEN THE CITY OF PARIS AND RED <br />RIVER VALLEY FAIR ASSOCIATION, INC. TO DESIGNATE PROPERTY <br />AT THE FAIR GROUNDS AS THE SI TE OF THE NEW ANIMAL <br />SH ELTER; DESIGNATING THAT PORTION OF THE FAIR PROPERTY <br />TO BE USED FOR THE CITY'S NEW ANIM AL SHELTER; PROVIDING <br />NOTICE TO TH E RED RIVER VALLEY FAIR ASSOCIATION, INC.; <br />MAKIN G OTHER FINDINGS AND PROVISIONS RELATED TO THE <br />SUBJECT; AND DECLARING AN EFFECTIVE DATE. <br />WHEREAS, <br /> the City Council has previously directed the City Manager to locate a site for <br />a proposed animal shelter; and, <br />WHEREAS, <br /> the City Council finds and determines that the most practical and eff icient <br />location for the proposed new animal shelter is on a site currently within the confines and boundaries <br />of the City Fairgrounds; and, <br />WHEREAS, <br /> the City has previously entered into a lease agreement with the Red River Valley <br />Fair Association, Inc. for the operation of the Fairgrounds; and, <br />WHEREAS, <br /> paragraph seventeen of the aforesaid lease agreement provides that the City as <br />Lessor shall have the right and privilege at its sole option to terminate the lease as to any part of the <br />realty not improved with buildings to convert the aforesaid property to necessary municipal functions; <br />and, <br />WHEREAS, <br />the City Council finds and determines it is necessary to terminate the existing <br />lease agreement with the Red River Valley Fair Association, Inc. as to that property designated as <br />NOW, THEREFORE, <br />the future site of the new animal shelter; <br />BE IT RESOLVED BY T HE CITY COUNCIL OF THE CITY OF PARIS, PARIS, <br />TEXAS: <br />Section 1. <br /> That the findings set out in the preamble to this resolution are hereby in all things <br />approved. <br />Section 2. <br /> That, pursuant to paragraph seventeen of the existing Lease Agreement dated <br />March 10, 1997, by and between the Ci ty of Paris as Lessor and the Red River Valley Fair <br />Association, Inc. as Lessee, the City does hereby exercise its right and privilege at its option to <br />