Res 1989-085 - Laserfiche WebLink

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-3- fl igh t service phone and planning area, restrooms for men and women, an area where airport patrons and their guests may purchase and consume food and drink, a meeting room, and a lounge area. The parties hereto understand that the terminal building will be owned, controlled, and maintained by LESSOR and that LESSOR may from time to time institute policies which will facilitate its control and maintenance. However, no such policies will be instituted which will unreasonably interfere wi th LESSEE'S activities as an FBO or that will require LESSEE to relinquish or share use or occupancy of the demised premises in the new terminal building. LESSOR shall reimburse LESSEE reasonable out-of-pocket expenses which it incurs in moving and relocating its personal property from the temporary facilities described above, to the new terminal building. However, it is understood by and between the parties hereto that LESSEE shall provide, for approval by LESSOR, an estimate of out-of-pocket expenses it will incur prior to the move. B. Premises Leased for Aircraft Storage, Parking and Office, Maintenance and Repair Space. LESSOR further leases and demises unto LESSEE a portion of said Airport designated as Tract A-3 consisting of 152,000 square feet, hereinafter "the demised premises", as shown on the attached Exhibit 1 for LESSEE'S use as an aircraft storage hangar and parking area for LESSEE's customers and for securing airplanes and for office, maintenance and repair space only and for no other use, by and for persons and personal property authorized by the LESSEE, provided however, that any area to be used for commercial maintenance and repair shall be separated by walls from the area used for aircraft storage. II. A. Lease Term for FBO Operation. The term of the lease of the demised premises described in Paragraph I (A) above shal1 extend through and include October 14, 2005, subject to the written agreement by the parties concerning renegotiated