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<br />I <br /> <br />I <br /> <br />I <br /> <br />138 <br /> <br />., _J <br /> <br />STATE OF TEXAS <br />COUNTY OF CALDWELL <br /> <br />LEASE <br /> <br />KNOW ALL MEN BY THESE PRESENTS: <br /> <br /> <br />Whereas, the City of San Marcos, Texas is the owner of the <br /> <br /> <br />San !1arcos Municipal Airport, situated in Caldwell County, Texas, <br /> <br /> <br />hereinafter "Airport", by virtue of an indenture from the United <br /> <br /> <br />States of America dated the 24th day of February, 1966, and the <br /> <br /> <br />14th day of July, 1969, and the 11th day of May, 1976, to which <br /> <br /> <br />reference is hereby made and by such reference made a part hereof; and, <br /> <br /> <br />Whereas, GT+3 Flight Operations, Inc., hereinafter "Flight <br /> <br /> <br />Operations", a business originally established in 1977, lS engaged <br /> <br /> <br />in aeronautical services and is fully qualified to operate a fixed <br /> <br />based operation, hereinafter "FBO"; and, <br /> <br /> <br />Whereas, the City of San Marcos, hereinafter "City", ln order <br /> <br /> <br />to effectuate use of the subject premises for airport purposes desires <br /> <br /> <br />to enter into a lease of a portion of Airport to Flight Operations <br /> <br /> <br />for the conduct of anon-exclusive arid non-discriminatory FBO operation <br /> <br /> <br />and Flight Operations desires to lease the subject premises in accordance <br /> <br /> <br />with the following terms and conditions; and, <br /> <br /> <br />Whereas, the Mayor of said City has been authorized by Resolution <br /> <br /> <br />duly enacted on September8,198~o execute this lease; now, therefore <br /> <br /> <br />in consideration of the promises and mutual covenants and undertakings <br /> <br /> <br />herein provided for, the parties to this agreement do each hereby <br /> <br /> <br />agree with the other as follows: <br /> <br /> <br />WITNESSETH <br /> <br /> <br />I <br /> <br /> <br />City hereby leases to Flight Operations the premises at Airport <br /> <br />designated as Tract ~-l and shown on the attached Exhibit A for the <br /> <br />operation of a FBO at Airport. <br /> <br />II <br /> <br /> <br />Flight Operations agrees to operate said demised premises for <br /> <br /> <br />the use and benefit of the public. Flight Operations further agrees: <br />