Res 2010-146 - Laserfiche WebLink

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Leases /Agreements 3.1.28 Operator shall solicit and negotiate leases and other agreements for existing Airport facilities (including all ground leases, hangar leases, building leases and through- the -fence agreements) for all leasable areas of the Airport (including all renewals, expansions, relocations and extensions thereof collectively referred to as "Lease(s) ") and to cause the Airport to be properly occupied with aviation related tenants and tenants which support aviation activities. 3.1.29 During the transition period, Operator shall review the terms and conditions of standard Airport leases, permits, licenses, and other agreements (TxDOT and otherwise), and review existing leases and agreements. Based upon this review Operator shall identify tenants, permittees, lessees and licensees that are noncompliant and recommend a compliance plan to the City Manager. 3.1.30 As part of the proposed operating budget submitted annually by the Operator to the City, the Operator will provide a schedule of all leases then in effect at the Airport and will develop and recommend for the City's review and consideration the proposed terms on which these leases might be extended, amended or renewed during the coming year as well as terms on which new leases might be made. 3.1.31 Develop and recommend to City Manager reasonable standards for the physical appearance and operating condition of third -party premises in accordance with the terms and provisions of ground leases. In addition, the Operator will enforce compliance with physical appearance, operating and environmental standards by all Airport tenants, permit holders, lessees, and licensees (including EPA and TCEQ regulations). In addition to further this requirement, the Operator will provide the City with quarterly reviews of third party premises, facilities and infrastructure to ensure proper maintenance (e.g., crack sealing, hole patching and seal coating). 3.1.32 Develop and recommend to the City Manager specific plans and programs to fully utilize (and increase revenues from) existing Airport facilities and properties through leases or other agreements. 3.1.33 Prepare and submit written quarterly reports on real estate management activities including but not limited to revenues and expenses, occupancy and lease rates, fees and charges, leasing progress reports, including summaries of Lease negotiation results; a forecast of rental and occupancy changes; recommendations of items Operator believes will aid in leasing the Airport; and periodic market updates, date, and information in a manner requested by City. In