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HomeMy WebLinkAboutResolution 1721w~: -.. CITY OF DALLAS RESOLUTION NO. CITY OF FORT WORTH RESOLUTION N0. • RESOLUTION APPROVING A CERTAIN HANGAR AGREEMENT OF LEASE BY AND BETWEEN THE DALLAS-FORT WORTH INTERNATI.ONAL AIRPORT BOARD AND DELTA AIR LINES, INC., AT DALLAS-FORT WORTH INTERNATIONAL AIRPORT; AND OTHER MATTERS RELATED THERETO. WHEREAS, the Dallas-Fort Worth International Airport Board (the "Airport Board") has authorized the execution and delivery of a certain Hangar Agreement of Lease No. 237714 (the "Hangar Agreement"), dated as of May _, 1991, by and between the Airport Board and Delta Air Lines, Inc., pertaining to the leasing of certain lands and properties comprising a part of the Dallas-Fort Worth International Airport; and • WHEREAS, a portion of the "Premises" is currently subject to a certain Special Facility Delta Maintenance System Lease Agreement, dated as of April 1, 1972, having an original term expiring on December 31, 2009; ~~ WHEREAS, the provisions of the Hangar Agreement extend the term of the Premises beyond a period of forty (40) years from the original date of such Special Facility Agreement, and, accordingly, the Contract and Agreement between the • Cities of Dallas and Fort Worth, dated as of April 15, 1968, and Article 46d, Vernon's Texas Civil Statutes, as amended, require approval thereof by the respective City Councils of the Cities of Dallas and Fort Worth; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DALLAS THAT: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH THAT: ~J Section 1. That the Hangar Agreement in substantially the form and substance presented herewith, is hereby in all things accepted and approved. • Section 2. That the appropriate officers of the respective Cities are authorized and directed to execute the same as required and where indicated in said Hangar Agreement. '.~; ,~> Section 3. That the Dallas-Fort Worth International Airport Board is authorized to perform under and to administer the Hangar Agreement without further action of the respective City Councils, except that no amendment shall be authorized by the Airport Board extending the period of occupancy of any properties covered thereby without the approval of the respective City Councils. APPROVED .AND ADOPTED BY THE DALLAS CITY COUNCIL this day of May, 1991. APPROVED AND ADOPTED BY THE FORT WORTH CITY COUNCIL this day of May, 1991. • • • •