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Res 1999-199
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9/6/2006 1:21:08 PM
Creation date
9/6/2006 1:20:46 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1999-199
Date
10/11/1999
Volume Book
138
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<br />g. it will acquire all property interest identified as needed for the purposes of this <br />project and comply with all applicable state and federal laws, rules, regulations, <br />procedures, covenants and assurances required by the State of Texas in the <br />acquisition of such property interest; and that airport property identified within the <br />scope of this project and Attorney's Certificate of Property Interests shall be <br />pledged to airport use and shall not be removed from such use without prior <br />written approval of the State; and <br /> <br />h. the Sponsor shall submit to the State. annual statements of airport revenues and <br />expenses when requested; and <br /> <br />1. all fees collected for the use of an airport or navigational facility constructed with <br />funds provided under the program shall be reasonable and nondiscriminatory. The <br />proceeds of such fees shall be used solely for the development, operation and <br />maintenance of the airport or navigational facility. Sponsor shall not be required <br />to pledge income received from the mineral estate to airport use unless state and/or <br />federal funds were used to acquire the mineral estate of airport lands or any <br />interest therein; and <br /> <br />J. an Airport Fund shall be established by resolution, order or ordinance in the <br />treasury of the Sponsor, or evidence of the prior creation of an existing airport <br />fund or a properly executed copy of the resolution, order, or ordinance creating <br />such a fund, shall be submitted to the State. Such fund may be an account as part <br />of another fund, but must be accounted for in such a manner that all revenues, <br />expenses, retained earnings, and balances in the account are discernible from other <br />types of moneys identified in the fund as a whole. All fees, charges, rents, and <br />money from any source derived from airport operations must be deposited in said <br />Airport Fund and shall not be diverted to the general revenue fund or any other <br />revenue fund of the Sponsor for any purposes other than operation of the airport. <br />All expenditures from the Airport Fund shall be solely for airport purposes. <br />Sponsor shall be ineligible for a subsequent grant or loan by the State unless, prior <br />to such subsequent approval of a grant or loan, Sponsor has complied with the <br />requirements of this subparagraph; and <br /> <br />k. following completion of the project where airport lighting is part of a project, the <br />Sponsor shall operate such lighting at least at low intensity from sunset to sunrise; <br />and <br /> <br />l. insofar as it is reasonable and within its power, Sponsor shall adopt and enforce <br />zoning regulations to restrict the height of structures and use of land adjacent to or <br />in the immediate vicinity of the airport to heights and activities compatible with <br />normal airport operations as provided in Tex. Loc. Govt. Code Ann. SS 241.001 <br />et seq. (Vernon and Vernon Supp.). Sponsor shall also acquire and retain <br /> <br />Page 5 of 14 <br />
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