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Res 1982-037
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Res 1982-037
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Last modified
8/1/2006 8:44:13 AM
Creation date
8/1/2006 8:43:52 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Lease
Number
1982-37
Date
8/9/1982
Volume Book
59
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<br />X. <br /> <br /> <br />City represents and warrants that City has full right and <br /> <br /> <br />lawful authority to enter into and perform City's obligations <br /> <br />under this lease for the full term as described in Part IV of <br /> <br />this lease and has title to said demised premises as shown by <br /> <br />the indenture between the United states of America and City <br /> <br /> <br />which has been made a part hereof by reference. City further <br /> <br />covenants that if Company shall discharge the obligations here- <br /> <br /> <br />in set forth to be performed by Company, Company shall have <br /> <br />and enjoy during the term hereof, quiet and undisturbed possession <br /> <br />of said demised premises and all appurtenances appertaining there- <br /> <br /> <br />to, together with the right to use the runways and taxiways of <br /> <br />said Airport as contemplated herein; provided,however, that this <br /> <br /> <br />lease is subject to the prior approval of the Federal Aviation <br /> <br /> <br />Administrator, and the right of the United States of America <br /> <br /> <br />to have exclusive or non-exclusive use, control and possession <br /> <br />without charge of said Airport or any portion thereof during periods <br /> <br /> <br />of national emergency; and further subject to the right of the <br /> <br />Federal Aviation Administration and the United States of America <br /> <br /> <br />to take a portion of said Airport for air traffic control activities, <br /> <br />weather reporting activities or communication activities related <br /> <br /> <br />to air traffic control, all as provided in said indenture. <br /> <br />XI. <br />Company shall maintain at its own cost and expense public <br />liability insurance on an occurrence basis with minimum limits <br />of liability in an amount of $100,000 for bodily injury, personal <br />injury or death to anyone person; up to $300,000 for each <br />occurrence and $100,000 for damage to property; and such insurance <br />policy shall contain the endorsement that such insurance may not <br />be cancelled or amended with respect to Company without ten (10) <br />days written notice by registered mail to City by the insurance <br />company; and that City shall not be required to pay any premiums <br />for insurance. Any insurance policy herein required or procured <br />by Company shall contain an express waiver of any rights of subrogation <br />by the insurance company against the City. A copy of qny insurance <br />
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