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<br />I <br /> <br />I <br /> <br />I <br /> <br />36 <br /> <br />THE STATE OF TEXAS <br /> <br />x <br />X <br />X <br /> <br />LEASE AGREEMENT <br /> <br />THE COUNTY OF CALDWELL <br /> <br />KNOW ALL MEN BY THESE PRESENTS: <br /> <br />That the City of San Marcos, Texas, a municipal corporation <br /> <br />under the laws of the State of Texas, acting by authority granted <br /> <br />its Mayor Kenneth V. Kraus by Resolution 1980- <br /> <br />, adopted <br /> <br />by the City Council of said City on June 16, 1980, hereinafter <br /> <br />referred to as "City" and Aerobatic Club of America, Inc., here- <br /> <br />inafter referred to as "Lessee" enter into this lease aqreement <br /> <br />for the mutual benefit of the parties consisting of the following <br /> <br />term and conditions: <br /> <br />1. <br /> <br />For and ln consideration of Lessee selecting San Marcos, <br /> <br />Texas as the site for its 1980 national aerobatic competition <br /> <br />and the benefits to be derived from the presence of Lessee's <br /> <br />competitors and attendant personnel for a seven day period in the <br /> <br />vicinity of San Marcos, City hereby grants Lessee permission to <br /> <br />use that real property owned by City and known as the San Marcos <br /> <br />Municipal Airport, consisting of concrete aprons, runways, and <br /> <br />airspace, for a period of seven (7) days during the year 1980. <br /> <br />Lessee shall be allowed to use said premises in the year 1980 <br /> <br />from 12:01 a.m. on the sixth day of October until 12:00 a.m. on <br /> <br />the thirteenth day of October. Sufficient time not to exceed <br /> <br />three (3) days prior to and three (3) days after shall be allowed <br /> <br />for assembly and disassembly of facilities. The term "lease <br /> <br />period" as used ln this Agreement shall mean the period of time <br /> <br />from 12:01 a.m. on the third day of October, 1980 to 12:00 a.m. <br /> <br />on the sixteenth day of October, 1980. <br /> <br />II. <br /> <br />It is agreed that permission to use the property herein <br /> <br />granted to Lessee is for the purpose of conducting aerobatic <br /> <br />competition and related activities. <br />