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Res 1992-153
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Res 1992-153
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7/12/2007 2:48:40 PM
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7/12/2007 2:48:40 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1992-153
Date
12/21/1992
Volume Book
109
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<br />3 :;.. L. <br /> <br /> <br /> <br />Agreement shall continue in effect except that the rental shall be <br /> <br /> <br />reduced and adj usted in an equitable manner as agreed upon by the <br /> <br /> <br />parties by written amendment to this Agreement. If this Agreement is <br /> <br /> <br />terminated as provided in this paragraph, rent shall be paid up to the <br /> <br /> <br />date that possession is taken by public authority and Lessor shall make <br /> <br /> <br />-an equitable refund of any rent paid by lessee in advance. All other <br /> <br /> <br />:::onsideration paid by Lessee, including fuel sales and rentals, shall <br /> <br /> <br />be prorated by Lessor to date of change of such possession. Lessee <br /> <br /> <br />shall not be entitled to and expressly waives all claims to any <br /> <br /> <br />condemnation award for any taking, whether whole or partial, and <br /> <br /> <br />whether for diminution in value of the leasehold or the fee, although <br /> <br /> <br />Lessee shall have the right, to the extent that the same shall not <br /> <br /> <br />reduce Lessor's award, to claim from the condemnor, but not from <br /> <br /> <br />Lessor, unless Lessor is also the Condemnee, such compensation as may <br /> <br /> <br />be recoverable by Lessee in its own right for damage to Lessee's <br /> <br /> <br />business and fixtures. <br /> <br /> <br />IX. Lessor's Authority <br /> <br /> <br />Lessor reserves the right to take any action it considers <br /> <br /> <br />necessary to protect the aerial approaches of the airport against <br /> <br />, <br />obstructions and additionally to limit the Lessee from erecting or <br /> <br /> <br />permitting to be erected any building or structure on the airport and <br /> <br /> <br />on the demised premises that would limit the usefulness of the airport <br /> <br /> <br />in Lessor's opinion or that would constitute a hazard to aircraft. <br /> <br /> <br />Lessor reserves the right to further develop the airport as it <br /> <br /> <br />sees fit regardless of the desires of the Lessee, and without any <br /> <br /> <br />hindrance or interference from Lessee. <br /> <br /> <br />Lessor reserves the right to operate the airport in accordance <br /> <br /> <br />with the obligation to the federal or state government under any of the <br /> <br /> <br />agreements for which aid for development was granted; provided, <br /> <br /> <br />however, if the operation restricts the operations of Lessee on the <br /> <br /> <br />demised premises, the rent shall be adjusted equitably during the <br /> <br /> <br />unexpired portion of this lease. <br /> <br /> <br />X. Policy Of Non-Discrimination <br /> <br /> <br />Lessee agrees that no right or privilege has been granted which <br /> <br /> <br />would operate to prevent any person, firm or corporation operating <br /> <br /> <br />aircraft at airport from performing any service on its own (including, <br /> <br /> <br /> <br /> <br />-13- <br />
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