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Res 2015-013/Amendment to and renewal for an additional five years of an Agreement for Airport Management Services with Texas Aviation Partners, L.L.C.;
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Res 2015-013/Amendment to and renewal for an additional five years of an Agreement for Airport Management Services with Texas Aviation Partners, L.L.C.;
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10/7/2015 2:02:30 PM
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11.0.22 In addition to other remedies available to the City, if the Operator fails to comply <br />with the contract standards for the Airport, the Operator will be liable to the City <br />for all incidental and consequential damages resulting from the noncompliance. <br />11.0.23 Funds for the payment of the City's obligations under this Agreement have been <br />provided through the City budget approved by City Council for the current fiscal <br />year only. State statutes prohibit the obligation and expenditure of public funds <br />beyond the fiscal year for which a budget has been approved. However, the cost <br />of items or services covered by this Agreement is considered a recurring <br />requirement and is included as a standard and routine expense of the City to be <br />included in each proposed budget within the foreseeable future. City Council <br />expects this to be an integral part of future budgets to be approved during the <br />period of this Agreement except for unanticipated needs or events which may <br />prevent such payments against this Agreement. However, the City cannot <br />guarantee the availability of funds, and enters into this Agreement only to the <br />extent such funds are made available. In the event sufficient funds are not <br />appropriated for the City's continued payment, this Agreement may be terminated <br />by City or Operator without recourse by either party. <br />ARTICLE 12 <br />SUCCESSORS AND ASSIGNS <br />12.0.1 The City and the Operator, respectively, bind themselves, their partners, <br />successors, assigns and legal representatives to the other party to this Agreement <br />and to the partners, successors, assigns and legal representatives of such other <br />party with respect to all covenants of this Agreement. The City and the Operator <br />will not assign, sublet or transfer any interest in this Agreement without the prior <br />written consent of the other. <br />12.0.2 The Operator will notify the City, in writing, of any change in its <br />partnership /ownership within thirty (30) calendar days of such change. <br />ARTICLE 13 <br />EXTENT OF AGREEMENT <br />13.0.1 This Agreement, including appendices and referenced attachments represents the <br />entire and integrated Agreement between the City and the Operator and <br />supersedes all prior proposals, negotiations, representations or agreements either <br />
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