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<br />LEM~E ]'cGEF' ,,\L
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<br />K~\OW ALL Y.EN BY THESE PRLSENTS:
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<br />6
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<br />Thct the City of San Marcos, Texas, a munlcipal cO.r:p,cC:lon
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<br />under t '''__ lavJs of the State of Texas, acting by authGC1' ~ J.;:
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<br />ResolutiO:1 1980- aJ.opted Ly the 2lty Council of sdi(~_ty
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<br />0< May ~01 1980, 11ereinafter L'ferred:::o as "Clty" and '~~
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<br />Cha. 'plonslnp Air Races, Inc., herelnafter refE:- :-red to as
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<br />en ter in to trlls ::i.ease C:h. reemen t for 'Che mutual bene L.. r: G~'
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<br />parties consisting of the following 'Cerms and conditions:
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<br />1.
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<br />City her2by srants Lessee permlssLon to use thaL reL
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<br />owned by City ancl known as the San Mar.;os Municip~1 I~Lq)c.
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<br />slsting ..
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<br />concrete aprons, runways, and airspace, for ~.
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<br />f~ve (5) days during the 1980, 1981, 1982, 1983, dnd 193~
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<br />o:,hc:i11 rh ""L,owed too use s.::ud premlses In the year 198C :L::.
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<br />_,.". on "he sixteenth day of July 'untll 12:00 a.m. or. Lhl
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<br />~.l.: st d3." oi July.
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<br />Sut fJ. cien t T lme not to exceed th"-,_~'
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<br />Pl' ,.'r tc _.nd tn.c' (3) J.dYS arte.: shal: be allowed f,'l.'
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<br />,., r~
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<br />clsLl..'.,embly
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<br />facllities.
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<br />The da~~s of the even~ ~.
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<br />see"
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<br />oDer l:.'
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<br />::'0;',-
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<br />_l"~od .~.
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<br />'LesSe..
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<br />I~'l t-,-
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<br />.:3 "": ;~ce' '.?G-
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<br />months pLlor to the event.
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<br />l:1':J yea.L's afte:=- 1980 sh'::"=..l be ;l'.utually agreed upon at. lE< . )
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<br />I f all parts of this agrcL'''l\_''
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<br />met, L"", ~ 2ssee, at hls option, ]Tjay extend this leaSe 1:0j'
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<br />five (5' ca~e~dar years to 1989.
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<br />NOL.L~~cation to Clty ::
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<br />inteaticD co exLend leaSE must be rrade ln writina and r~c
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<br />City by August I, 1984.
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<br />II.
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<br />It is agreed that permiss~on to use the property ~er
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<br />to Les se2 lS for 'Che purpose 01: conductl.ng air ShOWS/Ll':':'
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<br />activitles.
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<br />III.
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<br />As conslderation for use of those premlses knowr ~s
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<br />Mu~iclpal Alrport for the described flve (5) dJY periG~
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<br />thG years listed in Part I, ~e~see agrees to pay to C_ty
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