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Res 1997-107
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Res 1997-107
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Last modified
6/11/2007 3:57:06 PM
Creation date
6/11/2007 3:57:06 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Lease
Number
1997-107
Date
6/23/1997
Volume Book
129
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<br />, 7,8 <br />3.5 During the term of this Lease, Lessor agrees that Lessee shall have the unrestricted access <br /> to the runways, taxi-ways and ramp now in existence at the Airport to the same extent that <br /> any other parties may have use. It is understood and agreed by and between the parties that <br /> the continuing use of the Airport as an airport for general aviation is essential to the operation <br /> of Lessee and that failure to continue the use of the Airport for airport and aviation purposes <br /> shall constitute a default in the Lease and upon giving notice by Lessee to Lessor of such <br /> default and failure to cure default within thirty (30) days after the giving of notice, this Lease <br />~ - shall terminate and end as of the date 120 days after notice shall have been given; and <br /> Lessee shall be released from and relieved of all further obligations. ' <br /> ARTICLE 4. <br /> Maintenance and Repair of Premises <br />4.1 Lessee shall keep the Leased Premises in good, clean condition and shall make all needed <br /> repairs, including but not limited to the foundation, exterior walls and roof. Lessee shall <br /> comply, at its sole cost and expense, with all govemmentallaws, ordinances and regulations <br /> applicable to the Leased Premises, except that Lessee shall not be obligated to make any <br /> structural changes or alterations to the Leased Premises unless made necessary by the act <br /> or omission of the Lessee, in which event Lessee shall comply, at its expense, with plans <br /> and specifications approved by Lessor. If any repairs required to be made by Lessee are not <br /> made within 10 days after written notice delivered to Lessee by Lessor, Lessor may at its <br /> option make repairs without liability to Lessee for any loss or damage which may result to its <br /> stock or business by reason of the repairs, and Lessee shall pay to Lessor upon demand as <br /> additional rental for the cost of the repairs plus interest at the maximum legal rate in effect <br /> in the State of Texas from the date of payment by Lessor until rep.:¡id by Lessee. At the <br /> expiration of this Lease, Lessee shall surrender the Leased Premises in good condition, <br /> reasonable wear and tear, loss by fire, or other unavoidable casualty, alone excepted. <br />4.2 Maintenance of the runways, taxiways, entrance roads, and unoccupied property of the <br /> Airport, except for the premises demised and leased by Lessee, shall remain the obligation <br /> of Lessor. Lessor shall be obligated to use airport revenue funds for maintenance. Lessor <br /> shall never have the obligation to use general, operating or bond funds for maintenance. <br /> ARTICLE 5. <br /> Alterations and Fixtures <br />5.1 Lessee shall not make any alterations, additions, or improvements to the Leased Premises <br /> without the prior written consent of Lessor, except for the installation of unattached movable <br /> trade fixtures. All alterations, additions, improvements and fixtures (other than unattached, <br /> movable trade fixtures) which may be made or installed by either party hereto upon the <br /> Leased Premises shall become the property of the Lessor at the termination of this Lease <br /> for any reason whatsoever, and at the termination of this Lease shall remain upon and be <br /> surrendered with the Leased Premises, unless Lessor requests their removal, in .which event <br /> Lessee shall remove the same and restore the Leased Premises to their original condition <br /> at Lessee's expense. Any linoleum, carpeting, or other floor covering of similar character <br /> which may be cemented or otherwise affixed to the floor of the demised premises, and any <br /> paneling or other wall covering shall also become the property of the Lessor, all without <br /> credit or compensation to Lessee. <br /> 3 <br />
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