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1260 RES COP ENTERED INTO HANGAR LEASERESOLUTION NQ. 1260 . THAT Sn1HEREAS, the City of Faris, a municipal corporation, entered into a hangar lease contract of a hangar space on Cox Field, with Ballard Huddleston, of Paris, Lamar County, Texas, on the 15th day of May, A. D., 1962; and, yVHERJAs, there was leased to Ballaxd Huddleston, a hangar space, being Hangar Space in Block B, Lot 1, of the Plat E:ease Blocks, and Hangars, for a period of ten (10) years with an option to renew said lease for a period of ten (10) years, and providing certain conditions and limitations upon said lease; and, WHEREAS, Ballard Huddleston has constructed a hangar on Block B, Lot l, of the Plat of Cox Field Airport, and desires to transfer his right, title, and interest under the contract with the City of Paris, together with whatever interest he may have in the hangar placed on said Block B, Lot l, to Calvin Gibson, of the City of Paris, Lamar County, Texas; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, That the City Council does hereby ratify said transfer of said hangar, and the rights and privileges under the aforesaid lease, to Calvin Gibson. Passed and adopted this 12th day of February, A. D,, 1968. ~ Mayor ATTEST: City Clerk APP°RpVED AS T~O FORM : ; ~ ; ' City Atto ey.