Res 1998-119 - Laserfiche WebLink

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120 AMENDMENT NUMBER FOUR TO LEASE OF AIRPORT PROPERTY/BUILDINGS BETWEEN McKEE AVIATION AND AVIONICS, INC. AND THE CITY OF SAN MARCOS, TEXAS STATE OF TEXAS § § COUNTY OF HAYS AND CALDWELL § The City of San Marcos, Texas, a municipal corporation organized and existing under the laws ofthe State of Texas ("Lessor") and McKee Aviation and Avionics, Inc., ("Lessee"), as a Fixed Base Operator ("FBO") agree to amend the lease agreement entered into between the Lessor and John J. Stokes, Sr. on July 29, 1986; as amended (Amendment Number One) by Lessor and John J. Stokes on July 26, 1988; as assigned from John J. Stokes, Sr. to McKee Aviation, Inc. on January 17,1990; as amended (Amendment Number Two) by Lessor and McKee Aviation, Inc. on February 13, 1990 (collectively, the "Original Lease"); and as amended (Amendment Number Three) by Lessor and McKee Aviation and Avionics, Inc. on October 14, 1997 ("fuel dispensing amendment"). This amendment is for the purpose of amending the fuel dispensing amendment only. 1. The purpose paragraph of the fuel dispensing amendment is changed to read as follows: This amendment is for the purpose of providing an added area of approximately 10,000 square feet ("Lease Property") to locate two 12,000 gallon aþove-ground fuel tanks. One tank will contain AVGAS and the second tank will contain Jet-A fuel. Lessor authorizes Lessee to dispense A VGAS directly from the self-help pumping facility adjacent to the tanks to individual aircraft, as well as from a separate truck to individual aircraft, provided Lessee complies with all federal, state and local aviation fuel dispensing laws and standards. Jet-A fuel must be dispensed by the Lessee from a separate truck. Nothing in this Amendment shall affect the terms of the Amendment entered into on February 13, 1990 and referred to as Amendment Number Two. This Amendment shall apply only to the Leased Premises referred to above. 2. Section I of the fuel dispensing amendment is changed to read as follows: TERM The term of this Amendment shall commence on October 14, 1997, and extend for a period of twenty (20) years. Provided Lessee is not in default on any provisions of this Lease, two consecutive 5 year extension options are available. These options are subject to approval by the San Marcos City Council. All of the remaining terms of the origina/lease, as duly amended, shall remain in full force and effect. Executed in Duplicate Originals this 23rd day of June ,1998. LESSOR: CITY OF SAN MARCOS, TEXAS BY: Attest: 1