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Home My WebLink AboutContract 49613 FORT WORTH MEACHAM INTERNATIONAL AIRPORT ADMINISTRATION BUILDING SIGN LICENSE AGREEMENT CITY SECRETARY (MONTH TO MONTH) CONTRACT NO. This SIGN LICENSE AGREEMENT ("AGREEMENT") is entered into by and between the CITY OF FORT WORTH ("Licensor"), a home rule municipal corporation situated in Tarrant, Denton, and Wise Counties, Texas acting by and through William Welstead, its duly authorized Aviation Director, and CHRISTOPHER FINK, its duly authorized PRESIDENT and TOMMY NELSON, its duly authorized VICE PRESIDENT.. The following introductory statements are true and correct and form the basis of this agreement. RECITALS A. The Licensor owns and operates Fort Worth Meacham International Airport ("Airport"). The Licensor also owns a sign that identifies the Airport at the entrance to the Airport ("Entrance Sign"). This Entrance Sign has six(6)spaces available for the display of removable sign panels. B. Licensee occupies rental at the Airport. Licensee desires to rent one of the sign spaces on the Entrance Sign from the Licensor in order to display a sign for Licensee's business. AGREEMENT It is therefore mutually agreed as follows: 1. Term and Termination of Agreement. The term of this Agreement shall commence on (enter current date) and continue on a month-to-month basis until either party terminates this Agreement, for any reason,by providing the other party with not less than 30-days written notice prior to the effective date of such termination. 2. Rental Fee. The rent fee for one sign space shall be one hundred dollars and zero cents ($100.00)per month. A sign space shall include two sign panels, one on each side of the Entrance Sign, facing in each direction. Rent for sign spaces may be adjusted from time to time by Licensor's City Council, in its sole discretion, and any such adjustment shall become effective following not less than thirty(30) days written notice to Licensee. Licensor shall invoice Licensee each month, and such rent shall be due by the 10`I'of each month. Rent not received by the 10`I'of the month shall be subject to a 10%late penalty. 3. Sign Construction,Installation and Maintenance. Each sign space shall require two sign panels with only one side requiring printing. Licensee shall be solely responsible for the construction,printing,repairs and maintenance of such sign panels. Licensor may install panels for Licensee;provided however,Licensee agrees that Licensor, its Sign License Agreement—Meacham Airport Administration Building OFFICIAL RECORD Orbital ATK Integrated Systems Page 1 of 5 CITY SECRETARY FT.WORTH,TX employees shall not be liable for any property damage to such panels that occurs in connection with its providing such service. Licensee agrees to maintain sign panels appearance in like new condition, only the name and the phone number of the Licensee's business may be displayed on such sign panels unless otherwise approved in writing by the Licensor's Aviation Director or authorized representative. 4. Sign Placement Order. The City of Fort Worth Aviation Department shall have sole control of the placement order in which sign panels are located in the six slots on the Entrance Sign. Preferences may be requested by Licensee but are not guaranteed by Licensor or conditional to this Agreement. The order of the sign panels may be changed from time to time at the sole discretion of the Airport Systems Director or authorized representative. 5. Other Terms and Conditions: (A) Licensee hereby assumes all liability for damage to Licensee's sign panels arising from vandalism,theft, natural disasters or any cause out of the direct control of the Licensor. Licensee also assumes all liability for any personal injury, including death or property damage caused by Licensee, its agents, servants, employees, contractors and subcontractors. (B) Licensor makes no warranties or guarantees as to whether Licensee's sign panels will be lighted sufficiently to be visible at night. (C) Licensee shall not assign or sublease any of Licensee's rights under this Agreement. (D) Venue for any dispute or action that arises under this Agreement shall be in the state courts located in Tarrant County, Texas or in the United States District Court for the Northern District of Texas,Fort Worth Division. 6. Notices. All written notices required by the provisions of this Agreement shall be deemed delivered when hand delivered to the named parties at their respective business location addresses at the Airport. Sign License Agreement—Meacham Airport Administration Building True Aviation Partners,LLC Page 2 of 5 2 IN VYITNESS REOF, the parties hereto have executed this Agreement in multiples on this the 6r — day of )• O 52017. CITY OF FORT WORTH: By: �,-r- li Welstead Aviation Director Date: 9� I STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared William Welstead, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that the same was the act of the City of Fort Worth and that he executed the same as the act of the City of Fort Worth for the purposes and consideration therein expressed and in the capacity therein stated. IVE UNDER MY HAND AND SEAL OF OFFICE this day 2017. Notary Public in and for the State of Texas MM ANNE-MARIE STOWEc;y Publ c,State of Texasmmn Expires 05- 01-201 f3Notary ID 45916-5 APPROVED AS TO FORM ATTEST: AALITY: R-T VVo C_ 'Q BTssistanlity By: s Attorney Mary ay �c City Secret ,►`: M&C: Not Required OFFICIAL RECORD Sign License Agreement—Meacham Airport Administration Building CITY SECRETARY True Aviation Partners,LLC Page 3 of 5 FT.WORTH,TX 3 Contract Compliance Manager: By signing, I acknowledge that I am the person responsible for the monitoring and administration of this con t, including ensuring all performance and reporting requirements. Anne-Marie Stowe Title LESSEE: ATTEST: TRUE AVIATION PARTNERS By: By: Christopher Fi , President Date:_,? O / STATE OF TEXAS § COUNTY OF Q § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared Tommy Nelson, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that the same was the act of True Aviation Partners, LLC, and that he executed the same as the act of True Aviation Partners, LLC, for the purposes and consideration therein expressed and in the capacity therein stated. OVI— IVEN UNDER MY HAND AND SEAL OF OFFICE this day of 2017. �,o�*ervpe(' ANNE-MARIE STOW, Notary Public in and for the State of Texas •-os Notary Public, State of Texas r *� Comm. Expires 0501-2018 Notary ID 45976-5 Sign License Agreement—Meacham Airport Administration Building True Aviation Partners,LLC Page 4 of 5 4 LESSEE: ATTEST: TRUE V ATION PARTNERS By: By: T mmy Nelson, Vice President Date: `t6//7 STATE OF TEXAS § _r COUNTY OF § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared Chris Fink, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that the same was the act of True Aviation Partners, LLC, and that he executed the same as the act of True Aviation Partners,LLC, for the purposes and consideration therein expressed and in the capacity therein stated. 1L GN 'UNI?ER MY HAND AND SEAL OF OFFICE this day of 2017. Notary Public in and for the State of Texas ANNE-MARIE STOWE Notary Public, State of Texas +�.• +� Comm. Expires 05.01-2018 Notary ID 45916-5 Sign License Agreement—Meacham Airport Administration Building True Aviation Partners,LLC Page 5 of 5 5