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Res 1981-016
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Res 1981-016
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Last modified
7/12/2004 2:42:19 PM
Creation date
12/8/2003 2:24:16 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1981-16
Date
2/9/1981
Volume Book
55
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<br />XVIII <br /> <br />In the event that Avionics Shop fails to operate the Avionics <br /> <br />Shop during the term of this agreement according to its terms and <br /> <br />conditions, and shall continue to so fail to do so after thirty <br /> <br />(30) days notice from City, then this lease shall terminate in <br /> <br />its entirety. <br /> <br />XIX <br /> <br />Avionics Shop agrees to carry fire, windstorm, and extended coverage <br /> <br />insurance on said demised premises at Avionics Shop expense. <br /> <br />It <br /> <br />IS understood and agreed that any loss payable thereunder shall <br /> <br />be made to City, and City further agrees that it will expend any <br /> <br />funds recovered by it under the terms of any such insurance policy <br /> <br />or policies for reconstruction and repair of the damaged portion of <br /> <br />said demised premises. <br /> <br />Avionics Shop shall gIve prompt notice <br /> <br />to City in case of fire or accident in said demised premises. <br /> <br />XX <br /> <br />Avionics Shop shall be responsible for all maintenance, <br /> <br />repairs and upkeep to the demised premises and hereby agrees to <br /> <br />keep said premises in a sightly condition. <br /> <br />XXI <br /> <br />During the term of this lease, City agrees that Avionics Shop <br /> <br />shall have unrestricted access to runways, taxiways and ramps now In <br /> <br />existence at Airport to the same extent that any other parties may <br /> <br />have use thereof. <br /> <br />XXII <br /> <br />The foregoing instrument in writing constitutes the entire <br /> <br />agreement herein, there being no other written or parole agreement <br /> <br />with any officer or employee of City. <br /> <br />Amendment to this lease <br /> <br />agreement may be made only in writing executed by both parties. <br /> <br />Executed in Duplicate Originals this <br /> <br /> <br />day of <br /> <br /> <br />A.D. 1981. <br /> <br />-6- <br />
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