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<br />27 <br /> <br /> <br /> <br /> <br />THE STATE OF TEXAS § <br />COUNTY OF CALDWELL § <br /> <br /> <br />LEASE <br /> <br /> <br /> <br />KNOW ALL PERSONS BY THESE PRESENTS: <br /> <br />WHEREAS, the City of San Marcos, Texas, is the owner of the San <br /> <br />Marcos Municlpal Alrport, situated in Caldwell County, Texas, <br /> <br />herelnafter "Airport," oy virtue of an indenture from the United. States <br /> <br />of America dated. the 24th day of February, 1966, and the 14th day of <br />July, 1969, and the 11th day of May, 1976, to which reference lS hereoy <br />mad e; and <br />WHEREAS, John J. Stokes, Sr., whose local address is at 1122 <br />Seguln Highway, San Marcos, Texas, 78666, a private cltizen, operating <br />aircraft out of the San Marcos Munlcipal Alrport, desires to ootain <br /> <br />from the Clty of San Marcos a land lease upon which to construct an <br /> <br />aircraft storage facility as described in paragraph flve (5) <br /> <br />hereinOelow descrioed; and <br /> <br />WHEREAS, the City of San Marcos, as Lessor, in order to effectuate <br /> <br />use of the subJect premises to construct such storage facllity desires <br /> <br />to enter lnto a lease of a portlon of such Airport with John J. Stokes, <br /> <br />Sr., as Lessee, and John J. Stokes, Sr. does deslre to lease such <br /> <br /> <br />property for the construction of a storage facllity for aircraft in <br /> <br /> <br />accordance with the following terms and conditions: <br /> <br /> <br />WITNESSETH: <br /> <br /> <br />1. Demised Premises. <br />The Clty of San Marcos, hereinafter called Lessor, hereoy <br /> <br />leases to John J. Stokes, Sr., hereinafter called Lessee, and <br /> <br />said Lessee rents from Lessor that certain premises <br /> <br />containing 15,000 square feet, more or less, descrioea and <br /> <br />identifled in Exhibit A attached hereto ana lncorporated by <br /> <br />reference herein. For the purposes of this lease, this <br /> <br />property is deemed to be unimproved. <br /> <br />2. Survey. <br /> <br />Lessor agrees to cause an exact survey to Oe made of sald <br /> <br />premlses, at Lessor's expense, and both parties agree that <br /> <br />this survey will be made a part of this Agreement. <br />