Loading...
Res 077-85 6/18/1985RESOLUTION NO. / I RESOLUTION APPROVING FIFTH AMENDMENT OF CONTRACT WITH WICHITA FALLS FUNLAND, INC. WHEREAS, on July 12 , 1965, a contract was entered into by and between the City and Wichita Falls Funland, Inc. , whereby Funland was authorized to operate an amusement park on a portion of Weeks Park, which contract has been amended several times; and, WHEREAS, this contract expires June 30, 1985, and the City is willing to extend the term thereof for five ( 5 ) years , with certain other amendments to such contract . NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: That certain Fifth Amendment of Contract with Wichita Falls Funland, Inc. , a copy of which is attached hereto, is hereby approved, and the City Manager is authorized to execute the same for the City of Wichita Falls. PASSED AND APPROVED this the 18th day of June , 1985. 7 M A Y O R 0/ 111Per ATTEST: City Clerk THE STATE OF TEXAS 0 COUNTY OF WICHITA FIFTH AMENDMENT OF CONTRACT WITH WICHITA FALLS FUNLAND, INC. This Fifth Amendment of Contract made and entered into this the 18th day of June, 1985 , by and between the City of Wichita Falls, Texas , hereinafter called "City" , and Wichita Falls Funland, Inc. , hereinafter called "Funland" , WITNESSETH: WHEREAS, heretofore, on July 12 , 1965, a contract was entered into by and between City and Funland for use by Funland of a portion of Weeks Park for an amusement park; and, WHEREAS, this contract expires June 30, 1985 , and Funland desires to extend such contract ; City is willing to extend such contract with certain amendments thereto. NOW, THEREFORE, City and Funland do hereby agree as follows: 1. Such contract dated July 12, 1965, is hereby extended for an additional period from July 1, 1985, through June 30, 1990. 2. It is further provided that , not later than 30 days after City gives Funland written notice to do so, Funland shall remove its railroad tracks which it maintains in Weeks Park, or move such railroad tracks to another location within the park which is designated by the City Manager. 3. Paragraph 4 of said contract dated July 12 , 1965, is hereby amended to read as follows: 4 . Funland further agrees that it shall hold City harm- less and indemnify and reimburse City for any damages or expenses incurred by virtue of the operation of this amusement park, and further agrees that it will secure and deposit with the City Clerk a public liability insurance policy in the amount of $1, 000, 000 combined single limit in the name of Funland with City listed as an additional named insured, to protect City against any claim for injury to any person or property. Funland further agrees that it will not make any claim to the City, and City shall have no liability to it , for any flood damages that may occur on the premises . " IN WITNESS WHEREOF, the parties hereto have caused these presents to be executed as of the day and year first set out above. CITY OF WICHITA FALLS, TEXAS By: James Berzina, City Manager ATTEST: City Clerk WICHITA FALLS FUNLAND, INC. By: President ATTEST: Secretary 2 -