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RESOLUTION NO. 2014 -52R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS, APPROVING A "SECONDASSIGNMENT OF AND <br />FIRST AMENDMENT TO "LEASE OF UNIMPROVED AIRPORT <br />PROPERTY FOR CONSTRUCTION OF HANGAR" DATED APRIL 25, <br />200095; AUTHORIZING THE ASSIGNMENT OF THE LEASE FROM <br />SCOTT TRULL TO REDBIRD FLIGHT SIMULATIONS, INC.; <br />AUTHORIZING AN AMENDMENT TO THE "LEASE OF UNIMPROVED <br />AIRPORT PROPERTY FOR CONSTRUCTION OF HANGAR" DATED <br />APRIL 25, 2000, TO EXTEND THE TERM OF THE LEASE IN <br />EXCHANGE FOR AN INCREASE THE RENTAL RATE, ADDING THE <br />PAYMENT OF A 1% GROSS RECEIPTS FEE, REQUIRING THE <br />INSTALLATION OF ADDITIONAL IMPROVEMENTS TO THE <br />STRUCTURE IN AN AMOUNT NOT LESS THAN $8,500.00 AND <br />AUTHORIZING THE USE OF THE PROPERTY FOR COMMERCIAL <br />AERONAUTICAL PURPOSES; AUTHORIZING THE CITY MANAGER <br />TO EXECUTE SAID AGREEMENT, AND DECLARING AN EFFECTIVE <br />DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The terms and conditions of the attached "Second Assignment of and First <br />Amendment to Lease of Unimproved Airport Property for Construction of Hangar dated April <br />25, 2000" are hereby approved and the amendment of the existing Lease in accordance with the <br />Agreement is hereby approved. <br />PART 2. The assignment of the Lease from Scott Trull to 'Redbird Flight <br />Simulations, Inc. (the "Assignment and Amendment ") is hereby approved. <br />PART 3. The City Manager is authorized to execute the Assignment and <br />Amendment on behalf of the City. <br />PART 4. This Resolution shall be in full force and effect immediately from and <br />after its passage. <br />ADOPTED this the 15th day of April, 2014 <br />iel Guerrero <br />Mayor <br />