Laserfiche WebLink
,30/ ... '� <br />M <br />CITY OF SAN MARCOS, TEXAS <br />SAN MARCOS REGIONAL AIRPORT <br />COMMERCIAL GROUND LEASE AGREEMENT <br />STATE OF TEXAS <br />AL1100111 Dl o] WEV191111 DIIf1I\►i7: <br />THIS SAN MARCOS REGIONAL AIRPORT COMMERCIAL GROUND LEASE AGREEMENT <br />("Lease") is made between the City of San Marcos, a municipal corporation of the State of Texas ("Lessor" <br />OR "City"), acting by and through its Airport Manager Texas Aviation Partners, LLC., a Texas Limited <br />Liability Corporation ("Airport Manager") and Gryphon Aviation, Inc. dba Texas State Aviation <br />("Lessee"). <br />The Lessor is the owner of the San Marcos Regional Airport ("Airport"), situated in. Caldwell County, <br />Texas, by virtue of deeds from the United States of America. <br />This Lease is subject to approval by the Federal Aviation Administration. <br />NOW, THEREFORE, for and in consideration of the covenants and obligations set forth herein, the <br />Lessor and Lessee agree as follows: <br />ARTICLE 1: LEASE OF PREMISES• ACCEPTANCE OF EXISTING CONDITIONS• <br />COMPLIANCE WITH REGULATIONS <br />1.01. For and in consideration of the obligation of the Lessee of prompt and timely payment of the <br />rentals set out herein and the true and faithful performance by Lessee of all of its promises, <br />covenants and obligations hereunder, Lessor hereby demises and leases unto Lessee, and Lessee <br />hereby accepts for the term, and subject to the provisions hereof, the following described real <br />property (hereinafter referred to as "Leased Premises"), located at San Marcos Regional Airport <br />(hereinafter referred to as "Airport") in Caldwell County, Texas, being more particularly described <br />as: <br />_2,812 unimproved square feet as described in Exhibit A of this Lease; <br />1.02. The Lessee acknowledges that, subject to the Lessor's obligations under paragraph 1.04 below: 1) <br />the Lessor makes no representations or warranty regarding the suitability of the Leased Premises <br />for the Lessee's intended purpose, or the presence of environmental, geologic, or other site <br />conditions that may affect the Lessee's use of the Leased Premises; 2) the Lessee accepts full <br />Page 1 of 21 <br />