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Res 2020-037/approving an Airport Facility Lease Agreement for Non-Commercial Use with McCoy Corporation for property located at 1521 Airport Drive at the San Marcos Regional Airport for an initial term of ten years with options to renew totaling thirty
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Res 2020-037/approving an Airport Facility Lease Agreement for Non-Commercial Use with McCoy Corporation for property located at 1521 Airport Drive at the San Marcos Regional Airport for an initial term of ten years with options to renew totaling thirty
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3/18/2020 8:44:31 AM
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3/18/2020 8:20:33 AM
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Resolutions
City Clerk - Type
Agreement
Number
2020-37
Date
3/3/2020
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RESOLUTION NO. 2020-37R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS APPROVING AN AIRPORT FACILITY LEASE <br />AGREEMENT FOR NON-COMMERCIAL USE WITH MCCOY <br />CORPORATION FOR PROPERTY LOCATED AT 1521 AIRPORT <br />DRIVE AT THE SAN MARCOS REGIONAL AIRPORT FOR AN INITIAL <br />TEN-YEAR PERIOD WITH OPTIONS TO RENEW TOTALING THIRTY <br />YEARS; AUTHORIZING THE CITY MANAGER OR HIS DESIGNEE TO <br />EXECUTE THE LEASE ON BEHALF OF THE CITY; AND DECLARING <br />AN EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The attached Airport Facility Lease Agreement for Non -Commercial Use <br />between the City and McCoy Corporation for property located at 1521 Airport Drive at the San <br />Marcos Regional Airport (the "Lease Agreement") is hereby approved. <br />PART 2. The City Manager or his designee is authorized to execute the Lease <br />Agreement on behalf of the City. <br />PART 3. This resolution shall be in full force and effect immediately from and after <br />its passage. <br />ADOPTED on March 3, 2020. <br />ane Hughson <br />Mayor <br />Atte t: <br />C. ammy K. ook <br />Interim City Clerk <br />
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