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<br />90 <br /> <br />STATE OF TEXAS <br /> <br />I <br />I <br /> <br />LEASE <br /> <br />COUNTY OF CALDWELL <br /> <br />KNOW ALL MEN BY THESE PRESENTS: <br /> <br />Whereas, the City of San Marcos, Texas, is the owner of the <br /> <br />San Marcos Municipal Airport, situated in Caldwell County, Texas, <br /> <br />hereinafter "Airport", by virtue of an indenture for the United <br /> <br />States of America dated the 24th day of February, 1966, and the <br /> <br />14th day of July, 1969, and the 11th day of May, 1976, to which <br /> <br />reference is hereby made and by such reference made a part hereof; and, <br /> <br />Whereas, Les Stolle, hereinafter Avionics Shop, a business <br /> <br />originally established in 1977, is engaged in aeronautical services <br /> <br />and is fully qualified to operated a aircraft electronics repair <br /> <br />station, hereinafter "Avionics Shop"; and, <br /> <br />Whereas, the City of San Marcos, hereinafter "City", in order <br /> <br />to effectuate use of the subject premises for airport purposes desires <br /> <br />to enter into a lease of a portion of Airport to Les Stolle for <br /> <br />the conduct of a non-exclusive and non-discriminatory Avionics Shop <br /> <br />operation and Les Stolle desires to lease the subject premises in <br /> <br />accordance with the following terms and conditions; and, <br /> <br />Whereas, the Mayor of said City has been authorized by Resolution <br /> <br />duly enacted on February 9,198t:b execute this lease; now, therefore <br /> <br />in consideration of the premises and mutual covenants and undertakings <br /> <br />herein provided for, the parties to this agreement do each hereby <br /> <br />agree with the other as follows: <br /> <br />WITNESSETH <br /> <br />I <br /> <br />City hereby leases to Avionics Shop the premises at Airport <br />designated as Tract A2 and shown on the attached Exhibit A for the <br /> <br />operation of a Avionics Shop at Airport. <br /> <br />City agrees to cause an <br /> <br />exact survey made of said premises, and both parties agree that these <br /> <br />surveys will be made apart of this agreement. <br /> <br />It is further agreed <br /> <br />that the Avionics Shop will assume the first Fifty-five dollars ($55.00) <br /> <br />of the cost. <br /> <br />The City agrees to assume the balance of this cost. <br /> <br />II <br /> <br />Avionics Shop agrees to operate said demised premIses for the <br /> <br />use and benefit of the public to include consultant services, sales, <br /> <br /> <br />repaIr, cable fabrication, and installation of aircraft electronics. <br />