09111979 Regular Meeting - Laserfiche WebLink

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I I I - 2- It is understood that the property shall not be available to the general public while property is in use by Lessee. Lessee shall have the exclusive right to schedule its activities and use of the property subject to the exclusive right of the City of San Marcos to demand that Lessee cease its operations temporarily during those periods of time when special events which are sanctioned by the City of San Marcos are scheduled on the leased property. This exclusive right of the City of San Marcos is conditioned on its giving Lessee thirty (30) days written notice of the scheduled events or lesser notice upon mutual agreement of both parties. 4. SPECIAL CONDITONS: During the time of war or national emergency, City shall have the right to lease the landing area, airport, or any part thereof to the United States Government for military or naval use, and, if such lease is executed, the provision of this instrument insofar as they are inconsistent with the provisions of the lease to the Government, shall be suspended. This lease shall be subordinate to the provisions of any existing or future agreement between City and the United States, relative to the operation or maintenance of the airport, the execution of which has been or may be required as a condition precedent to the expenditure of Federal funds for the development of the airport. 5. TERM OF THIS LEASE AGREEMENT: Permission to use the property granted herein shall be for a period of one year beginning October 1, 1979 and ending September 30, 1980. 6. RENT: Lessee agrees to pay the City as rent for the ramp and tower the sum of $1,OOO.OO per month. A payment of $1,500.00 will be due on the 15th day of October, 1979. $1,000.00 of the amount due on October 15, 1979 will constitute rent for the period to November IS, 1979. $SOO.OO will constitute a deposit which shall be considered rent for the period of September 15, 1980 to September 30, 1980 should Lessee be in full compliance with the terms of this section as of September 15, 1980. 7. IMPROVEMENTS TO LEASED PROPERTY: Lessee is granted permission to make alterations, additions, or improvements to the property upon approval of City and as Lessee deems necessary to accomplish its purposes and objectives. All fixtures, alterations, additions, and improvements are to be put in at the expense of the Lessee and shall remain the property of the Lessee. Upon the termination of the lease, the Lessee shall remove all alterations, additions, and improvements to the property and restore the property to its original condition, excluding normal wear and tear, at Lessee's expense.