2080 RES CITY COUNCIL IN RES NO 1696 AUTHORIZE LEASING OF CERTAIN FAIR GROUND PROPERTY TO RED RIVER VALLEY EXPOSITION INCRESOLUTION NO. 2080 ,
WHEIZEAS, the City Council of the City of Paris did heretofore
in Resolution No. 1696 authox-ize t:tle leasing of certain Fai.r Ground
property to the Red River Valley FJxposition, Inc. ; ancl,
WHEKEAS, Red River. Valley Exposition, Inc. lias requested
an extensian of the term of lease in order tnat they maY finance
anci eonstruet some additional improvements to fu.rtller their pur-
poses; and,
WHEREAS, the City Cauncil is desirous of corltinuing its
support of the Red River Valley Exposition, Inc, and its annual
actrvities; NOW, TI-IEREFORF,
BE TT RESULVED BY TI-IE C,ITY COIJNCIL C)li 7lfE CITY OF
PARIS, That the Mayar Pra 1'em 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 tlie lea5e agreement with
Red Kiver Valley Exposition, Inc. , upon the te:rms and in the form
attached hereto a.s Exhibit A.
Passed and adopted this 9th dayo uf February, 1981.
~i.~
Billy Burnett, Mayoz: Pro Tem
,
ATTEST:
Z7-_~~
H. C. Gr ene, City Clerk
APPROVED TO FOIZM:
T. K. Haynes, Cit_y Attorney
STATE OF TEXAS 0
COUNTY OF LAMAR ~
KNOW ALL MEN BY THESE PRESENTS:
LEASE AGREEMENT BETWEEN the CITY OF PAftIS, a
municipal corporation, herein called LESSOR, and RED RIVER VALLEY
EXPOSITION, INC., herein called LESSEF, executed in duplicate the
9th day oE February, 1981, witnesseth:
The leased premises consist of the following described property
of Lessor in Paris, Lamar County, Texas, namely:
BEGINNING at the intersection of the N. B. Line of
Hickory Avenue with the W. B. Line of Fitzhugh Avenue,
alsa designated as 9th Sr. , N. E. , the same being the
S. E. corner of a 12 acre tract of land sold to the
Lamar County Fair Association by 1-I. E. Clement Estate
in 1936, described in deed recorded in Vol. 245, Page
575, Lamar County Deed Records;
THENCE North 1501. 5 feet to the N. E. corner of
said 12 acre tract, same being the S. B. Line of
Clement Road, said Clement Road being 60 feet in width;
THENCE West at 380 feet to the N. W. corner of said
12 acre tract, same being the N. E. corner of a tract of
land purchased by the Lamar County Fa ir A ssociation in
1916, described in deed recorded in Vol. 160, Page 322,
Lamar County Deed Records, continuing West in all
1710 feet to the N. W. Corner of Block No. 31, Fairview
Addition to the City of Paris, same being the E. B.
line of 3rd St. , N. E., same being rhe most Northerly
N. W. corner oi a tract of land purchased from H. E.
Clement in 1921 out of the Fairview Addition and de-
scribed in deed recorded in Vol. 199, Page 311, Lamar
County Deed Records; .
THENCE South 1356 feet with the E. B. Line of 3rd
St. , N. E., to the N. B. line oE f-Iickory Avenue;
THLNCE East with the N. B. line of flickory Avenue
approximately 804. 0 feet to the S. W. Corner of the
Emmett Keece Ball Field property;
THENCE North 600 feet;
THENCE East 600 feet;
THENCE South 600 feet;
THENCE East 300 feet to the place of beginning.
SAVE AND EXCEPT the following described tract of land:
Situated within the corporate li.mits of the City of
Paris, Lamar County, Texas, and being a part of Block
256, as shown on the Tax Map of the City of Paris, and
rnore fully desci-ibed as follows:
EXHIBIT A
to
RESOLUTION NO. 2080
BEGINNING a[ apoint in the ccn[e.r- 1inO Of a
drainage ditch, said clitc}i boirlO.; locatt:d bLtwee.n
I-Iickory Street and Clement Ro.ld, L:iiicl rhe beginning
poiilt being Wesr 260 fcaet frotYi th~. ti,outllwest Corner
of the iri[ersec`ion of Fitzhugh A%r(,i1tje <1rGd Clernent
Road (the Nort41enst C;or•ne-r of i31ock 256) and alsc)
bLing S 2° 0() E along t[ic certtcrlirle of a dr.iiilage
ditch, 460 Feet to saidpoint of boginnin~- .
THENCZ? North 88 ° 30' tiVe.-,t 281 f~ ~et to a poi.nt;
'ITIENCY? South 1° 30` West 84 tt-.et t-o L} poiric;
TI-ILNCF Norrh 88" 3()' `tiest 477 ft:~ct to tr pc>i►lt,
same being in tt1e East Margzn of 6[h Srreet, N. E.
;
THENCE in a Southerly direction with the East
Margzn of 6th St. , N. E. 16 feer to apoiiir;
THLNCE SoLith 88° 30` Eas[ 477 fee.t ro a 1>oint;
TIIENCI3 South 1° 30' Fast 200 feet to a point;
"I'HENCE Soutl1 88° 30' E.zst 297 fect to apoirit in
the center line of ad.raii7age dirch;
THENCF' North 2° 00' West with the centex- line of
the dx-ainage dztch 300 feet Iriore oi- 1ess. to rhe place
of beginnzng, containing 2, 19 acr.es of land tr:ore or
less.
'llZe term of this lease is te,l (l.U) years, heginnir.~; on tlie
lst day of lanuary, 1981 and rnd'zng rhe 3 1st daY oE Derember, 1990.
IN C;C~~,i`~Ii_'Ft~~7'ION r~l the 1:~~~~sin~; and lettin~; of said prernzses
and the use and vccupancy rhercof hy I_.esset., Lcssee ar r~,es to effect
ancl purform repairs to ea:istitig buildin,,s;, structures <~nd other irn-
gx•overrierits a11d to rn~~;e addivicnal imprc>vemeiits on the lcased pre-
rnises to the extent of ten pez- cerlt (1Qj~) o` i,,s arinual gross re-
ceipts, L,essee hereby acrreeing tc) ex},end for suctz ptrrposes thc sum
herein set otit dt.iring cacll yeat- of this a~;-reeclieiit, tfie Cotal a11`10unt
to be expended by Lessee fc;r_ sLicfX purpc>ses durrir7b tlle term of this
lease to be nor less r.han ren pozµ cerit (f.0;`) of its total gross re-
ceipts for the ten year pez-zacl covet-ccl by t!ais ag7-eement; providcd
however, that in the event I_,essee exp.-:ne?s in excc:ss of ten per cent
of its gy-oss receipts cluriii; ,~ny one year heree>f for such purposos,
sueli exeess tYlay be credited on the rotA nrnoiint ro be- cxpencleci by
Lessee Ilereunder. 71ie t-erni receipts" shal1 ►1icail tfi(_; towl
receipts of L,esseo fronl a11 scauT-ce's hy rc~lson of [}le w;c oi, tlze
rented premises.
IN CONSIDERATI.ON HE'REOF, it is mutually agreed by and
between Lessor acld Lessee:
(1) That Lessee will, at its sole cost and expensta, effect
repairs to all existing bLiildings arxcl str. izctures «n the lease:l pre.-
mises, as speecizly as it can finance same, so rhat same tiv~ill be safe
and suitable for the ptirposes fQI" VU111C:ti t11ey may be used by Lessee
and will keep and maintain same ir: good, safe and sanitary condi.tion.
(2) Tt1at no repairs, improvements ar chariges in location or
otherwise, will be made to an}f buildings, structirxes or other tliings
Iocated therean nor will azly new struct-ures be plaeed orl any part of
the leased pretiziscs without [he priar approval of IJessor.
(3) That Lessee, for ttie benefit of Lessox-, wil1 keep all
buildings ar►d other insurable improvements on the lcasec_I premiscs
insured against Ivss by fire, lightning arld all risks included in the
terizZ "extended coverabe" to the full extent of their insurable value
and shall pay aIi p:remiiims due ttzereon when dtte. It is expressly
provided that such insurance policy or policier shall and rnust be
w.ritten and issued by a reputablc insurance company or companies,
subject to approval by rhe Citv Atrc>rney of the City of Pasis, and
Lessee or its insurance carri.er or carriers sliall deliver a copyr
of any such policies to the Cit_y Clerk of r.he City of Paris, or furnish
Co said City Clerk a current letter or certiticate frorn such company
or companies, evidencing t;lE fact that sucli iilsurance is in full force
and effect at all times durinb this lease and any extension thereof.
(4) That Lessee will, at its sole cost atid expense, keep a
caretaker on said premises for• the purpose of pzevenring injury ar
damage to the leasea prei-nises and all struc.tures thes-can.
(5) II1at Lessee will pay foz- aL1 Iighrs, wate:e, heat and/or
otller t.itiliti.es used ori tlic leaseci pr-emises.
(6) That alI buildin,,,,,s, structures, r:dditinns, ti.xtures anci
improvel7ienrs rnac1e npon or ndde.l to th,_: lcasc=;i prerniscs oz any
part thereof shall <<r oncc bccornw rlle proper? v <>f L,cssor, an~.~l bi'~
Sur.ren~.~ez-ed t<<> Lessclr rit ti-ie t::;rwina',Jon of rhi.s,
(7) That Lessec will tlelivc-;r ro Lcs:,ttr ~inzlually a vf:riried
coPSr of the audit of its books and acCOunr.s r1ot l~lLer i:han thii-ty (30)
days aftex Deeember lst of etzcti year or part of a year covered by
rhis lease.
(S) Tt~~~r I,essOe willl1c.>t sublet rhe ronted p_ierrlises or ariy
part Lherec~f wzr.hotit t~he corlst.r:t ir1 tvriting of Lessor tir-sr tiad and
obta.1C1C'.'l~, pS'O't'IdE'.d, hi)«'f.'t'er'D i.f}~li St1Ct1 C'.oI1Sc.J1i: I71<:1y bc~ g1VCii r)y C("?f.',
~
' ^ o~ ~ r ~ . ~ ~ ,T , ~
zty tv~ ~~na~~.x ir. t~~ ~ r: v~~~~t sl3~~l~ ~_~t,~,l. ~tti~~~, r~~~ ~:ed orie wcek.
(9) Lessee a;rees to :.;ave, r.cc~_'t.7 t,n~? lcolc1 harr-f-Ilcss
Lessor from and agaanst any inti 11 cl(11»,i,i,_i:;, c]ebrs, liabilities, suit
claims and c<<u ;,~~s of action of e,~erv :ind ciiaracr.ci- whar.;;oc:vee_
for ciarnage o:r i1ljtzries to pet-sorzs az1c?/017 pi-olDOr-ty OccUzririg On the
leased premises resLilt:iijg frorn I,cssee's i,esscc='s sub-I:~sSee
or any tenant of I,essce, ant:l I_:e:ssor stiall nor bc; liab.ie to [-e ,see, zts
employees, invitees, patrons, licensees ox- visitors iliie r.c> t(Ze build-
ings or otli~.,r strLlctures thercnn beint; inlpx-op<:r:ly c.onstructed or
being or hecoinin; oiit of repaiz-, I,csse.o hereby waivi,,.; any defects
Ct1E'.T'e1T1 Firid 11gT'E'.tilnti in 1"IblCi aIi.i SavG L('SS41 ri;?I"+:I"llt',SS fl Gi17 a1l
Cla1ITiS fOr aiTlji SUCtl ChCIir gC'S C)2' I?lf t12"1E;5, ;]Ilil !+'c;see Shail aC1d i"T;liSt
aC all C1I11eS CjuI1T14?' C}lE', iE'T'nl Oi lht~; <`ICly
ttiereof, keep ancl mninr.ai.n i11 f';i11 force <111;1 c,ffect ~,t pol[c:y or° po]iciLs
of insurance, pr-ovAng at 1:,ast $ 100, 000. ()0 p.,r- person an:i
$300,000.00 for any sii~~,,~,le oc:currctlcc for bodi1y injury oi du~at~ ~~IIzJ
$25, 000. 00 for any sincdc oc ct:l-,-c:°l1cc fo;- ir,jtlr}' ro oi- cic~~? i-llcrir>~1 of
P!'UpC:L"ty, I.1"1C~C'.IllilklS':if1t; :i'ti pP?'sC??:t; fC)I' 21I1y aild ;11i l~<ICi~_l~,?~:;>, 1)t~.3'SO11~11
injurxes oz- pz-opez-ty daniagos sdrstained in or upon the pcetitses of
~ ..~v n ~ f.r...«4~r.- . ~
said leased property, or any parr tttereof, as the result of the neg-
ligence of Lessee, its agents, sci-vants, e.mploy~.~es ar sub-lessees
and its agent, sez vants or empIoyees, anc] shall pay a.II premiums
due thereon wlieii clue. It is expressly provide(.l that such in-urance
poliey or policiLS shall and must be written azlci issucd by a reputable
insurance coiiiplny or companies, subject to approval by the City
Attorney of the City of Faris, and I.,essee or its irasurance carrier or
carriers shall. delzver a copy of any such polzcies ta the City Clerk af
the City of Paris, or furnish to said Cit_y Clerk a current letter or
certif.icate fram sucti company or coinpani.es, evidencing the fact tliat
such insurance is in full forc.E: and effect at alI times during this
Iease and any eYtension thereof.
(1.0) 'f'hat I_.essar shall not r7iake ox- be l.iablc; for any repaixs
or impravements of any kind on ttie Ieased premises duxing the t erm
of this Iea ,e.
(I1) 1niat Lc.ssee take goad care of tlie rented prernzses and
a1l buildings and structures thereon and be responsible to Lessor for
any damage or irzjliries thercto c.tiused by t,essE:e or thase uncter it.
(12) I-hat I.,essee conform to and observe a.ll sanitary rules,
regulations an~~ l~~ws of the utaxe ot Texas and orclinances of the
City of Paris applicable to the leasod prez7iises and not use or permit
the sasne to be Lised for any tznlawf.t.iI or illegal purpose.
(13) Should Lessee default in, or fail or refuse to keep any of
dle covenants, conditions, stipulatians and/or provisions herein cori-
tained, notice thereof shall be given to Iessee ny Lessor, ancl in the
event such default, failiire or refusal has ilot been correctecf or per-
fornied within ninety (90) days frarn the date c„ sucli notice, then this
lease coritract r1iay be terminated <it essor'U; optiorY, ~inc1 it ~~Iiall be
lawful for. I_essor ro re-entou thc, 1etisocl p:rcnii,,;c,s arl:l remov,2 ;ill
persans, px'operty and effecrs thc:refrom, all and every clai.in for da-
mages fo.r or by reason of said a-e-entry bein; c~xpressly waived.
(14) A11 water anii sanitary sewer pipe in, oci or under the
leaseti prumises belonging to t-essor mzy be kept there if or until
removed bv Lessor.
(15) In tlie eveizt Lessee sllall kcep ear.h and every agreemenfi
containeci herein ancI do and pErforni all t}1e obligatzans required of it
hereunder during the r.erin of this lease, an optir3n is hereby given and
granred to Lesseu ta renetiv arid extend this lease for an additional
period of ten (10) yrear.s from and after the expiration of this agree-
menr, whzch option may be exercised hy Lessee g:iving notice in
w.riting of its iiitentian tc> renew said lease Tlirietv (90) da.ys prior io
the expir. atian of the primary terrn of the lease.
(lE>) L,essor is given artcl granted the r-igl-lt to plaee streets
or utiiities or draizza~;e appurtenance.s in, on or Lindc:r ariy of the pxo-
perty Ilerein leased ta the RE1? FZIVLR VALI.J;I' EXPOSITION, INC.
(1.7) Ttiat Lessor shall have the ribht and privilege of u5iri~;
any partion of said prvperty so leased for ft►nc;tions sponsorec-I by the
City of Pazis or any deparrment thereof, wrric(1 l'uncticjn has b;:en
approved by the C;i.ty Counci7 of the Cir.y of Paris, all of wlzich f.unc-
tions sha1;1 be- conducted cm a non4ntozfe.r-ing basis "'iih the «nnual
~~~air conducted by tr,° Recl ~'.iver Valley Expasitiori, Inc.
(1.8) That Lessox- sha11 have the e ig1it and priviler;e at its
option to Cex'miilate this lease as to any part of the rea1ty nvt improved
with buildings, zncludin;, reasanahle access rc> suc:h buildings, for ner-
essary municipal tunctions, suc:h as enlargi.ng the fire tr.rinicih a°ea,
ercction of municipal facil.ities, constrt.ictiori of stz-ects or for ot}ler
municipal tunctions.
In t11e event of any of rhe above contingencies, L,essor sllall
give I..essee: ninetv (90) days ~iotic~.~ in writing of i.ts irltention to so
utilize any portion of the tract for° tlle above pur.pases.
IN WITNESS WHEREQF ttie tznde:rsigned iiave executed this
lease agreemeilt.
CITY OF PA fZ IS
Bv:
Billv Joe Buriiett, Nlay.or. Pro Tem
A TTEST:
IT. C. CJreene< C;ity ,l.erk -
r-rssoli
RED RIVER VALLEY FXPOSIIION, INC.
By:
Ray Spencer, Pre.sidenr.
A TTEST:
Lois Akax=d, Secretary LESSt3E
S"I`ATE 0F 77EXAS 0
COtJNTY OT LA MA R 0
SEFURt?, IVIF', the un+3ersigracd authority, on thi.s day personally
appeared Billy ;(oe Burnett, Mavor I'7-o Tem of C-he City of I'aris, known
to me to be rhe person whose name is s«bsc.i i_bed to the foregoing
instrument, and acknowledged t« me that the s~me was the act of the
saicl City of Paris, a rnunie►paI corporaric,n, and that iie exee.utec3 the
same as che acC of such muriicipal cor~.~oration for the purposus arid
colisideration tllerein expressed, and in the (_'apacity therein statEd.
GIVEN UNDER MY 1IANI) AND Sr1AL OI, OFFICL, this
day of February, 1981.
Notary Public, State of Texas~
STATE OF 71-EXAS 0
COli NTY flF LA MA R 0
I3EFORE ME, Lhe unde.rsigned authax-ity, an this ciay personally
appeare.~ti RAY SI'ENCEK, Presidcilt of the Red River Valley
I:xposi.tion, Ine. , lcnown to i-iie ta be the: person whose name is sub-
scribecl to the foregoing instrumcnt, and acknowledged to me that
the saine was the act of the said Red lZivez Valley Irxposition, Iric.. ,
a corpol ation, a nd tl-iat he exec.ut"d the samc as the act of such
c:orporatioil for the ptilrposes and eonsi.dex-atiorl therein expressed,
and in the capacity ther'ein stated.
GIVEN tJNDER 1VIY I-3ANl) AND SEAL UI-i 0FIiICE, this
day of February, 1981.
Notary T'ublic, Stat-e of Texas
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