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<br />e <br /> <br />e <br /> <br />AGREEMENT OF LEASE <br /> <br />STATE OF TEXAS { <br />{ <br />COUNTY OF HARRIS { <br /> <br />This Agreement of Lease made by and between the CITY OF LA <br /> <br />PORTE, a municipal corporation, known herein as LESSOR, and the LA <br /> <br />PORTE-BAY AREA HERITAGE SOCIETY, known herein as LESSEE, both of <br /> <br />Harris County, Texas, <br /> <br />WIT N E SSE T H: <br /> <br />LESSOR does, by these presents, lease and demise unto LESSEE <br />the following described property, lying and being situated in the <br /> <br />City of La Porte, Harris County, Texas, to-wit: <br /> <br />Lots Seven (7) through Fourteen (14), both inclusive, in <br />Block Fifty (50) of SYLVAN BEACH FIRST SUBDIVISION, an <br />addition in Harris county, Texas, according to the map or <br />plat thereof recorded in Volume 3, Page 72 of the Map <br />Records of Harris County, Texas, reference to which is <br />here made for all purposes. <br /> <br />upon the terms, conditions, covenants and agreements following: <br /> <br />I. <br /> <br />The term of this lease shall be for a period of twenty (20) <br /> <br />years, beginning on the 1st day of May, 2000, and ending on the <br /> <br />30th day of April 2020. <br /> <br />II. <br /> <br />As rent for the use and occupancy of the demised premises, <br /> <br />LESSEE hereby agrees, obligates and binds itself to pay unto LESSOR <br /> <br />the sum of One Dollar ($1.00) per year for the twenty (20) year <br /> <br />term hereof, payable in advance, the receipt and sufficiency of <br /> <br />which is hereby acknowledged. <br />