HomeMy WebLinkAboutResolution 1679
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WHEREAS, Regional Airport Joint Venture ("Mason Property Owners")
has alleged ownership of a tract of land previously believed to
have been acquired for the Dallas/Fort Worth International Air-
:~ port ("Airport") by the City of Fort Worth in a condemnation
action in 1971 ("Mason Property"); and
WHEREAS, the Airport Board authorized the construction of an
underground fuel pipeline and aboveground electrical transmission
lines over and across the Mason Property, which uses and property
are necessary to the operation of the Airport; and
WHEREAS, the Airport Board and Mason Property Owners have been
negotiating for several years to resolve this land dispute; and
WHEREAS, the Airport Board has reviewed and approved the proposed
terms for an exchange of leases with the Mason Property Owners to
resolve the land dispute in accord with Airport Board Resolution
No. 89-199, approved September 5, 1989; and
WHEREAS, the Mason Property Owners have agreed to accept a 99
year lease for 2.055 acres of land (to be deeded to the Airport
by the State Department of Highways and Public Transportation)
and a 40 year lease with two five-year options at market rental
price for 2.817 acres of Airport land in exchange for the Mason
Property Owners agreeing to grant the Airport Board a 99 year
~~ lease for pipeline and utility uses, and to release the Airport
Board and the Cities of Dallas and Fort Worth from any claims and
causes of action occurring by the Airport's alleged encroachment
across the Mason Property; and
WHEREAS, the land to be leased by the Airport to the Mason
Property Owners can be used for commercial or industrial pur-
poses, but is currently vacant and excess land, and is not likely
to be needed for Airport purposes. Now, Therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH:
SECTION 1. That the described leases between the Dallas/Fort
Worth International Airport Board and Regional Airport Joint
Venture are approved, contingent upon receipt by the Airport
Board of a lease from Regional Airport Joint Venture for pipeline
and utility uses and a release of claims.
• SECTION 2. That this resolution shall take effect immediately
from and after its passage in accordance with the provisions of
the Charter of the City of Fort Worth, and it is accordingly so
resolved.
APPR6'JED BY
C{TY. COUiVC{L
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