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Res 1998-040
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Res 1998-040
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9/11/2006 4:08:10 PM
Creation date
9/11/2006 4:07:38 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Lease
Number
1998-40
Date
2/23/1998
Volume Book
132
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<br />leasehold interest in the Leased Premises for the sole purpose of obtaining funding for <br />permanent improvements to the Leased Premises. This clause is self operative and no <br />further instrument of subordination need be required by any mortgagee of the Lessee. The <br />mortgaging by the Lessee of its leasehold interest for any other purpose, however, shall <br />require the advance written approval of the Lessor. <br /> <br />Article 14. Operation of the Airport; Lessor's Access to Leased Premises <br /> <br />14.01. The Lessor reserves the right to operate the Airport in accordance with, and this <br />Lease is subordinate to, the Lessor's obligations to the Federal and State governments <br />under any of the agreements for which aid for development of the Airport was or will be <br />granted. If these obligations unreasonably restrict the Lessee's use of the Leased <br />Premises, then the Lessee may terminate this Lease, and the parties will have no further <br />obligations. <br /> <br />14.02. It is specifically understood and agreed that this Lease does not grant or authorize <br />an exclusive right for conducting any aeronautical activity which is unlawfully <br />discriminatory. The Lessee specifically agrees not to discriminate in its use of the Leased <br />Premises in any manner prohibited by Federal Aviation Administration Regulations. The <br />Lessee further agrees to comply with any nondiscrimination enforcement procedures <br />required by the Federal government. <br /> <br />14.03. The Lessor reserves the right to take any action it considers necessary to protect <br />the aerial".approaches of the Airport against obstructions; and to limit the Lessee from <br />erecting any building or structure on the Airport or on the Leased Premises that would limit <br />the usefulness of the Airport or constitute a hazard to aircraft. <br /> <br />14.04. The Lessor reserves the right to further develop the Airport as it sees fit regardless <br />of the desires of the Lessee, and without any hindrance or interference from the Lessee. <br />The Lessor expressly reserves the right to grant leases and privileges to other persons <br />with respect to the Airport, even though the purposes for which these leases are given are <br />the same and duplicate those contained in this Lease. If the development of the Airport <br />requires the relocation of the Lessee's facilities, the Lessor agrees to provide a location <br />comparable to that provided to other private lessees at the time of the relocation, and to <br />relocate the Lessee's buildings at no cost to the Lessee, or provide similar facilities for the <br />Lessee, except that the Lessor shall not be required to pay more than the wholesale cost <br />of foundation materials. <br /> <br />14.05. This Lease shall be subject to and in conformance with all City, State and Federal <br />ordinances, statutes and regulations. <br /> <br />14.06. The Lessee, for itself, its personal representatives, successors in interest, and <br />assigns, as part of the consideration, hereby covenants and agrees as a covenant running <br />with this Lease that: 1) no person shall be excluded from participation in, denied the <br />benefits of, or otherwise subjected to discrimination in the conduct of business operations <br />
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