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HomeMy WebLinkAboutContract 41118-CA2 CITY SECRETARY CONSENT TO ASSIGNMENT OF CITY SECRETARY CONTRACT NO. 41118 G� UNIMPROVED GROUND LEASE AGREEMENT FORT WORTH MEACHAM INTERNATIONAL AIRPORT LEASE SITE NO. 10/HANGAR 9-S This CONSENT TO ASSIGNMENT OF CITY SECRETARY CONTRACT NO. 41118, ("Consent") is made and entered into by and between the CITY OF FORT WORTH, TEXAS ("Lessor"), a Texas home rule municipal corporation organized under the laws of the State of Texas, acting by and through Fernando Costa, its duly authorized Assistant City Manager; SANDPIPER OPERATING, LLC, ("Lessee"),; and POLLARD AIRCRAFT SALES, INC. ("Assignee"), a Texas limited liability company, acting by and through JAMES TIM POLLARD, its duly authorized Manager. RECITALS: The following introductory provisions are true and correct and form the basis of this Consent: A. Lessor and Don E. Hansen previously entered into City Secretary Contract ("CSC") No. 41118 (the "Lease"), a lease of real property at Fort Worth Meacham International Airport ("Airport)known as Lease Site No. 10(Hangar 9-S)(the"Leased Premises"). The Lease is a public document on file in Lessor's City Secretary's Office. B. On or about March 23, 2021, the Lessor consented to an assignment by Don E. Hansen (Former Lessee) and Sandpiper Operating, LLC (Lessee) to assign all of Former Lessee's rights, title and interest in the Leased Premises due to Former Lessee changing the name in which business is done to Sandpiper Operating,LLC. C. Lessee now wishes to assign all of Lessee's remaining right,title and interest in the Leased Premises and Leases to Assignee; Assignee wishes to accept such assignment; and Lessor is willing to consent to such assignment, all on the terms and conditions set forth in this Consent. AGREEMENT: NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of which are hereby acknowledged,Lessor, Lessee, and Assignee agree as follows: 1. Lessor hereby consents to an assignment by Lessee to Assignee of all of Lessee's remaining right, title and interest in the Leased Premises and Leases granted to Lessee by the Leases (the "Assignment"), effective as date of execution ("Effective Date"). The Assignment is a public document that will be on file in Lessor's City Secretary's Office and Aviation Department, is attached hereto as Exhibit"A"is incorporated herein by reference for all purposes. Consent to Assignment of CSC No.41118 by Sandpiper Operating,LLC to Pollard Aircraft Sales,Inc. 1�1FMCDAL RECORD Page 1 of 6 l d1 COrf SECRETARY M WORTH,TX 2. Lessor does not adopt,ratify or approve any of the particular provisions of the Assignment and does not grant any remaining right, privilege or use to Assignee which is different from or more extensive than any right, privilege or use granted to Lessee by the Leases. In the event of any conflict between the Leases and the Assignment,the Leases shall control. In the event of any conflict between this Consent and the Assignment,this Consent shall control. 3. Lessor consents to the Assignment expressly upon the promise and covenant by Assignee, and Assignee hereby promises and covenants to Lessor,that as of the Effective Date Assignee will faithfully perform, as an independent contractor, all duties and obligations of Lessee set forth in the Lease. Lessor acknowledges Lessee has no duties and obligations under the Leases after the Effective Date. 4. Lessee understands and agrees that Lessee will be liable to Lessor for (i) any duty or obligation of Lessee that Lessee was required by the Leases to undertake or perform prior to the Effective Date and(ii)any damages(subject to the terms of the Leases),including,but not limited to,property loss,property damage and/or personal injury of any kind,including death,to the extent caused by Lessee, its officers, agents, servants, employees or subcontractors prior to the Effective Date. 5. Assignee understands and agrees that Assignee will be liable to Lessor for (i) any duty or obligation of Lessee that Lessee is required by the Leases to undertake or perform on or after the Effective Date and (ii) for any damages (subject to the terms of the Lease), including, but not limited to,property loss,property damage and/or personal injury of any kind, including death, to the extent caused by Assignee, its officers, agents, servants, employees or subcontractors on or after the Effective Date. 6. The person signing this Consent hereby warrants that he/she has the legal authority to execute this Consent on behalf of the respective party, and that such binding authority has been granted by proper order, resolution, ordinance or other authorization of the entity. The other party is fully entitled to rely on this warranty and representation in entering into this Consent. 7. This Consent may be executed in any number of counterparts, all of which shall constitute the same instrument. 8. All terms in this Consent that are capitalized but not defined shall have the meanings assigned to them in the Leases. Consent to Assignment of CSC No.41118 by Sandpiper Operating,LLC to Pollard Aircraft Sales,Inc. Page 2 of 6 IN WITNESS WHEREOF,the parties hereto have executed this Agreement in multiples on this the /S71. day of dc-to6ee ,2021. CITY OF FORT WORTH: APPROVED AS TO FORM AND LEGALITY: _1 By: By: Fernando Costa Thomas Royce H nsen,Assistant City Attorney Assistant City Manager AT E T• Date: /O//.f�2o 21 By: Q,L� Ronald P. Gonzales, Acting City ecS reta y M&C Approved: Form 1295: 2021-776133 � r ., 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 Fernando Costa, 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. GIVEN UNDER MY HAND AND SEAL OF OFFICE this day U-n&u � )2021. SELENA ALA 44 -f,:Notary Public, State of Texas ��• �P Comm. Expires 03-31-2024 otary Public in and for the State of Texas Notary ID 132422528 Consent to Assignment of CSC No.41118 LUFFOC�-OALORD by Sandpiper Operating,LLC to Pollard Aircraft Sales,Inc.Page 3 of 6 Contract Compliance Manager: By signing I acknowl e that I am the person responsible for the monitoring and administration of t • clg ensurin 11 performance and reporting requirements. irbR-aGoodwin'lrb Real Property Manager LESSEE: SANDPIPER OPERATING,LLC By: Don E.Hansen Date: `''1 —I — A o a STATE OF TEXAS § COUNTY OF 6RA 2.6 2l q. § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared DON E. HANSEN 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 SANDPIPER OPERATING, LLC, and that he executed the same as the of SANDPIPER OPERATING,LLC,for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this 71T day e, Vv�. b e t , 2021. � - Nota Public in and for the State of Texas KARLA ANN CLARK ^ Notary ID#1717146 +� My Commission Expires May 13, 2025 Consent to Assignment of CSC No.41118 by Sandpiper Operating,LLC to Pollard Aircraft Sales,Lic. Page 4 of 6 I t . ASSIGNEE: POLLARD AIR F E C. By: James (mPollard Date: "1 Z 0 L STATE OF TEXAS § COUNTY OF j a rro� r� § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared JAMES TIM POLLARD 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 POLLARD AIRCRAFT SALES, INC., and that he executed the same as the of POLLARD AIRCRAFT SALES,INC.,for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this � day 2021. T Notariyuf in and fi0he State of Texas JAMIE L JOERGENSEN Notary ID#131675294 My Commission Expires August 8,2022 Consent to Assignment of CSC No.41118 by Sandpiper Operating,LLC to Pollard Aircraft Sales,Inc. CHKIAL RECORD Page 5 of 6 My SV CRHYAR l FT WORTH .ii X EXHIBIT A (Place the Assignment Here) Consent to Assignment of CSC No.41118 by Sandpiper Operating,LLC to Pollard Aircraft Sales,Inc. Page 6 of 6 ASSIGNMENT AND ASSUMPTION OF LEASE This ASSIGNMENT AND ASSUMPTION OF LEASE (this "Assignment") is made effective on that same and equal date as the date that certain Consent to Assignment of City Secretary Contract No. 41118, made and entered into by and between the City of Fort Worth, Sandpiper Operating, LLC, a Texas limited liability Company and Pollard Aircraft Sales, Inc., a Texas Corporation, for the purpose of consenting to this Assignment (the "Consent"), is made effective, being at some time either upon, or subsequent to, the Fort Worth City Council's approval of said Consent ("Effective Date'), by and between Sandpiper Operating, LLC, a Texas limited liability company ("Assignor"), and Pollard Aircraft Sales, Inc., a Texas Corporation ("Assignee'), sometimes together referred to as the "Parties." WITNESS ETH: WHEREAS, pursuant to that certain Unimproved Ground Lease Agreement for Lease Site No. 10, Hangar 9S Fort Worth Meacham International Airport, more commonly known as City Secretary Contract No. 41118, attached hereto as Exhibit "A" and incorporated herein by reference, by and between Assignor and the City of Fort Worth, having an effective date of November 17, 2010 (the "Lease Agreement"), Assignor is currently the lessee of approximately 100,324.08 square feet of unimproved ground space at Fort Worth Meacham International Airport in Fort Worth, Tarrant County, Texas, known as Lease Site No. 10, Hangar 9S (the "Premises"), being more particularly described in Exhibit "A"; WHEREAS, Assignor desires to assign the Lease Agreement to Assignee, and Assignee desires to assume the Lease Agreement in compliance with and pursuant to the terms of Sections 16.1 and 16.2 of the Lease Agreement; WHEREAS, the City of Fort Worth is willing to approve this Assignment on the conditions that all terms and conditions of the Lease Agreement and all related documents remain in full force and effect and that Assignee is bound by the terms and conditions of the Lease Agreement as if it had executed the Lease Agreement as an original lessee. NOW, THEREFORE, in consideration of the mutual agreements contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows: 1. Assignor does hereby assign, sell, transfer, and convey to Assignee, all of Assignor's right, title and interest in and to the Lease Agreement, in the leasehold created thereby, and any and all improvements located on the Premises, to have and to hold from the Effective Date hereof until the end of the term of the Lease Agreement, as such term may be extended pursuant to the terms of the Lease Agreement. ASSIGNMENT AND ASSUMPTION OF LEASE Page 1 of 3 1:\02747\0015\14 U3704.DOCX 2. Assignee hereby accepts such assignment and transfer and agrees to assume and to perform and discharge all obligations, liabilities, duties and covenants of Assignor under the Lease Agreement as of the Effective Date hereof, including, but not limited to, the payment of rent, payment of utilities, procurement of insurance, obligations to indemnify, compliance with any applicable laws and regulations and performance of upkeep, maintenance and repairs of the Premises, where required by the Lease Agreement, which may arise on or after the Effective Date hereof and relate to the period on or after the Effective Date hereof, to the same extent as if Assignee had originally executed the Lease Agreement and was named as the "Lessee" therein. 3. Assignee hereby indemnifies and holds Assignor harmless from and against any and all claims, expenses, costs, obligations or other liabilities with respect to the Lease Agreement arising or incurred on and after the Effective Date hereof with events occur ring on and after the Effective Date. respect to g 4. Assignor makes no representations or warranties of any kind or nature whatsoever with respect to the Lease Agreement or the Premises, whether express or implied, any and all such representations and warranties being expressly disclaimed. 5. Assignor represents and warrants that there are no agreements, oral or written, with respect to the use or occupancy of the Premises and the improvements located thereon other than as contained in the Lease Agreement. Further, Assignor represents that the Lease Agreement is in full force and effect, and is not in default or subject to defense, offset, or counterclaim on the part of Assignor. 6. This Assignment shall inure to the benefit of and be binding upon and enforceable against Assignor and Assignee and their respective successors and assigns. 7. This Assignment shall be deemed to be an agreement made under the laws of the State of Texas, being where the Premises is located, and for all purposes shall be governed by and construed in accordance with the laws of the State of Texas. 8. This Assignment contains the entire understanding between the Parties with respect to the assignment of the Lease Agreement as contained herein. This Assignment may not be changed or modified orally, but only by an agreement in writing signed by the party against whom enforcement of any waiver, change, or modification is sought. 9. This Assignment may be executed in one or more counterparts, each of which shall constitute an original and all of which, when taken together, shall constitute but one and the same instrument. ASSIGNMENT AND ASSUMPTION OF LEASE Page 2 of 3 1:\02747\0015\14U3704.DOCX To be effective the Effective Date provided hereinabove. ASSIGNOR: ASSIGNEE: Sandpiper Operating, LLC, Pollard Aircraft SaIeLs, Inc., a Texas limited liability company a Texas Corpor tion By: 0�►T / By: Dated: 'a d at , 2021. Dated: Z 2021. ASSIGNMENT AND ASSUMPTION OF LEASE Page 3 of 3 1:\02747\0015\14U3704.DOCX Exhibit "A" Unimproved Ground Lease Agreement Lease Site No. 10 Hangar 9S Fort Worth Meacham International Airport CITY SECRETARY L CON7iMACT NO UNIMPROVED' GROUND LEASE LEASE SITE NO. 10/HANGAR 9-S FORT WORTH MEACHAM INTERNATIONAL AIRPORT This UNIMPROVED GROUND LEASE AGREEMENT ("Agreement") is made and entered into by and between the CITY OF FORT WORTH, TEXAS ("Lessor"), a home rule municipal corporation organized under the laws of the State of Texas, acting by and through its duly authorized Assistant City Manager FERNANDO COSTA, and DON E. HANSEN ("Lessee") an Individual. RECITALS The following introductory provisions are true and, correct and form the basis of this Agreement: A. Lessor and Don E. Hansen previously entered into City Secretary Contract ("CSC") No. 8938, as amended by CSC Nos. 9123 and 17327 and assigned to Lessee pursuant to CSC No. 18968 (the "Lease"), a lease of real property at Fort Worth Meacham International Airport ("Airport") known as Lease Site No. 10(Hangar 9-S) (the"Leased Premises"). The Lease is a public document on file in Lessor's City Secretary's Office. B. Pursuant to CSC No. 28264, Lessor consented to the execution of a Deed of Trust between Lessee and Summit Bank,N.A. under which Lessee gave Summit Bank, N.A. a lien on Lessee's leasehold interest in the Leased Premises. C. On or about December 30, 2002, pursuant to CSC No. 28262, Lessee, Sandpiper Airport Inn, Inc., assigned all of Lessee's right, title and interest in the Leased Premises to Assignee, Don E. Hansen; and Lessor consented to such assignment based on all terms and conditions set forth in the Consent. D. Lease Site No.10 (Hangar 9-S) shall hereinafter and collectively be referred to as the "Leased Premises," and CSC Nos. 8938, 9123, 17327, 18968 and 28262 shall hereinafter and collectively be referred to as the"Previous Lease." E. In exchange for significant improvements to the Leased Premises, Lessee has requested, and the City has consented, to cancel all terms and conditions of the Previous Lease, and enter into a New Lease Agreement(the"Lease")with Lessee. NOW, THEREFORE, in consideration of the mutual covenants, promises and obligations contained herein,the parties agree as follows: 1. PROPERTY LEASED. 'As of October I,2009,Fort Worth Aviation Schedule of Rates and Charges no longer differentiates between unimproved and improved land. Unimproved Ground Lease Agreement 1 1-16-1 0 A 1 1 -4 8 IN Don E.Hansen Hangar 9S Page 1 Lessor hereby demises to Lessee approximately 100,324.08 square feet of unimproved ground space at Fort Worth Meacham International Airport ("Airport") in Fort Worth, Tarrant County, Texas, ("Premises"), as shown in Exhibit "A," attached hereto and hereby made a part of this Lease for all purposes. 2. TERM OF LEASE. 2.1 Initial Term The term of this Lease shall commence on the date of execution ("Effective Date") and expire at 11:59 P.M. on May 31, 2026, unless terminated earlier as provided herein. 2.2 Renewals. If Lessee performs and abides by all provisions and conditions of this Lease,upon expiration of the Initial Tenn of this Lease, Lessee shall have two (2) consecutive options of five 5 ears each each a 1 successive terms O Y � ' Lease for additional to renew this "Renewal Term") at a rental rate calculated in accordance with Section 3.1 of this Lease and on terms and conditions that may be prescribed by Lessor at the time. Lessee shall notify Lessor in writing of its intent to exercise a respective option not less than ninety (90) nor more than one hundred eighty (180) days prior to the expiration of the term then in effect. If Lessee does not exercise its option for a first Renewal Term within the time frame provided herein, Lessee shall automatically and simultaneously forfeit its second option to lease the Premises for a second Renewal Tenn, and Lessee shall no longer have any rights or interest in the Premises following the expiration of the Initial Term. 2.3. Holdover. If Lessee holds over after the expiration of the Initial Tenn or any Renewal Tenn, this action will create a month-to-month tenancy. In this event, for and during the holdover period, Lessee agrees to pay all applicable rentals, fees and charges at the rates provided by Lessor's Schedule of Rates and Charges or similarly published schedule in effect at the time. 3. RENT. 3.1. Annual Rent for Premises. Lessee shall commence the payment of rent on the Effective Date of this Lease and continue as follows: 3.1.1. From the Effective Date until May 31, 2016, Lessee shall pay Lessor, at a rate of $0.08 per square foot, annual rent in the amount of Eight Thousand and Twenty Five Dollars and 93/100, ($8,025.93), which will be payable in twelve Unimproved Ground Lease Agreement Don E.Hansen Hangar 9S Page 2 monthly installments of Six Hundred Sixty Eight Dollars and 83/100, ($668.83) each. 3.1.2. On June 1, 2016, Lessee's rental rate shall be adjusted to equal the then- current Ground Rental Rate prescribed by the Schedule of Rates and Charges for the type or types of property at the Airport similar to the type or types of property that comprise the Premises. 3.2 Rent Adjustments. On October 1, 2016, and on October lst of each year thereafter, Lessee's rental rate shall be subject to increase by Lessor to reflect the upward percentage change, if any, in the Consumer Price Index ("CPI") for the Dallas/Fort Worth Metropolitan Area, as announced by the United States Department of Labor or successor agency during the preceding twelve-month period ("CPI Change"), If there is no CPI Change or the CPI Change is downward, the rental rate for the Premises shall remain constant until the following October 1St. In no event shall the rental rate for the Premises ever be adjusted downward or ever exceed the Schedule of Rates and Charges for the type or types of property at the Airport similar to the type or types of property that comprise the Premises. 3.3. Five-Year Adjustments. In addition to the Annual Rent Adjustments,on October 1,2016,and every fifth(5a') year thereafter for the remainder of the term of the Lease, rent shall automatically be adjusted to equal the then-current rates prescribed by the Schedule of Rates and Charges for the type or types of property at the Airport similar to the type or types of property that comprise the Premises. 3.4. Payment Dates and Late Fees. Monthly rent payments are due on or before the first (lst) day of each month. Payments must be received during normal working hours by the due date at the location for Lessor's Aviation Department set forth in Section 14. Rent shall be considered past due if Lessor has not received full payment after the tenth (10th) day of the month for which payment is due. Without limiting Lessor's termination rights as provided by this Lease, Lessor will assess a late penalty charge of ten percent (10%) per month on the entire balance of any overdue rent that Lessee may accrue. 4. UTILITIES_. Lessee, at Lessee's sole cost and expense, shall be responsible for the installation and use of all utility service to all portions of the Premises and for all other related utility expenses, including,but not limited to, deposits and expenses required for the installation of meters. Lessee further covenants and agrees to pay all costs and expenses for any extension, installation, maintenance or repair of any and all utilities serving the Premises, including, but not limited to, Unimproved Ground Lease Agreement Don E.Hansen Hangar 9S Page 3 water, sanitary sewer, electric, gas and telephone utilities. In addition, Lessee agrees that all utilities, air conditioning and heating equipment and other electrically-operated equipment which may be used on the Premises shall fully comply with Lessor's Mechanical, Electrical, Plumbing, Building and Fire Codes ("Codes"), as they exist or may hereafter be amended. 5. MAINTENANCE AND REPAIRS. 5.1. Maintenance and Repairs by Lessee. Lessee agrees to keep and maintain the Premises in a good, clean and sanitary condition at all times. Lessee covenants and agrees that it will not make or suffer any waste of the Premises. Lessee will, at Lessee's sole cost and expense, make all repairs necessary to prevent the deterioration in condition or value of the Premises, including, but not limited to, the maintenance of and repairs to all structures, including, but not limited to, doors, windows and roofs, and all fixtures, equipment, modifications and pavement on the Premises. Lessee shall be responsible for all damages caused by Lessee, its agents, servants, employees, contractors, subcontractors, licensees or invitees, and Lessee agrees to fully repair or otherwise cure all such damages at Lessee's sole cost and expense. Lessee agrees that, except as otherwise expressly provided herein, all improvements, trade fixtures, furnishings, equipment and other personal property of every kind or description which may at any time be on the Premises shall be at Lessee's sole risk or at the sole risk of those claiming under Lessee. Lessor shall not be liable for any damage to such property or loss suffered by Lessee's business or business operations, which may be caused by the bursting, overflowing or leaking of Lessee's sewer or steam pipes, from water from any source whatsoever, or from any heating fixtures, plumbing fixtures,electric wires, noise, gas or odors, or from causes of any other matter. 5.2. Compliance with ADA. Lessee, at its sole cost and expense, agrees to keep and maintain the Premises in full compliance at all times with the Americans with Disabilities Act of 1990, as amended ("ADA"). In addition, Lessee agrees that all improvements it makes at the Airport shall comply with all ADA requirements. 5.3. Inspection. 5.3.1. Lessor shall have the right and privilege, through its officers, agents, servants or employees, to inspect the Premises. Except in the event of an emergency, Lessor shall conduct any such inspection during Lessee's ordinary business hours and shall use its best efforts to provide Lessee at least twenty-four (24)hours notice prior to inspection. 5.3.2. If Lessor determines during an inspection of the Premises that Lessee is responsible under this Lease for any maintenance or repairs, Lessor shall notify Unimproved Ground Lease Agreement Don E.Hansen Hangar 9S Page 4 Lessee in writing. Lessee agrees to begin such maintenance or repair work diligently within thirty (30) calendar days following receipt of such notice and to then complete such maintenance or repair work within a reasonable time, considering the nature of the work to be done. If Lessee fails to begin the recommended maintenance or repairs within such time or fails to complete the maintenance or repairs within a reasonable time, Lessor may, in its discretion, perform such maintenance or repairs on behalf of Lessee. In this event, Lessee will reimburse Lessor for the cost of the maintenance or repairs, and such reimbursement will be due on the date of Lessee's next monthly rent payment following completion of the maintenance or repairs. 5.3.3. During any inspection, Lessor may perform any obligations that Lessor is authorized or required to perform under the terms of this Lease or pursuant to its governmental duties under federal, state or local laws,rules or regulations. 5.3.4. Lessee will permit the City's Fire Marshal or his or her authorized agents to inspect the Premises and Lessee will comply with all requirements of the Fire Marshal or his or her authorized agents that are necessary to bring the Premises into compliance with the City of Fort Worth Fire Code and Building Code. provisions regarding fire safety, as such provisions exist or may hereafter be amended. Lessee shall maintain in proper condition accessible fire extinguishers of a number and type approved by the Fire Marshal or his or her authorized agents for the particular hazard involved. 5.4. Environmental Remediation. To the best of Lessor's knowledge, the Premises comply with all applicable federal, state and local environmental and indemnification laws, statutes, regulations or standards. Lessee agrees that it has inspected the Premises and is fully advised of its own rights without reliance upon any representation made by Lessor 'concerning the enviromnental condition of the premises. LESSEE, AT ITS SOLE COST AND EXPENSE, AGREES THAT IT SHALL BE FULLY RESPONSIBLE FOR THE REMEDIATION OF ANY VIOLATION OF ANY APPLICABLE FEDERAL, STATE OR LOCAL ENVIRONMENTAL REGULATIONS OR STANDARDS THAT IS CAUSED BY LESSEE, ITS OFFICERS, AGENTS, SERVANTS, EMPLOYEES, CONTRACTORS,SUBCONTRACTORS OR INVITEES. 6. CONSTRUCTION AND IMPROVEMENTS. 6.1 Discretionary Improvements. Lessee may, at its sole discretion, perform modifications, renovations or improvements on the Premises. However, Lessee may not initiate any kind of modification, renovation or improvement on or to the Premises unless it first submits all plans, specifications and estimates for the costs of the proposed work in writing and also Unimproved Ground Tease Agreement Don E.Hansen Hangar 9S Page 5 requests and receives in writing approval from the Airport Systems Director or his or her authorized designee. Lessee covenants and agrees that it shall fully comply with all provisions of Section 6 of this Lease in the performance of any such discretionary modifications,renovations or improvements. 6.2. Process for Approval of Plans. Lessee's plans for construction and improvements shall conform with the Airport's architectural standards and must also receive written approval from the City's Departments of Development and Transportation and Public Works. All work shall conform to all federal, state and local laws, ordinances, rules and regulations in force at the time that the plans are presented for review. 6.3. Documents. Lessee shall supply the Airport Systems Director or his or her authorized designee with comprehensive sets of documentation relative to any modification, renovation, construction or improvement, including, at a mirrimum, as-built drawings of each project within sixty (60) days after completion of construction. As-built drawings shall be new drawings or redline changes to drawings previously provided to the Airport Systems Director or his or her authorized designee. Lessee shall supply the textual documentation in computer format as requested by Lessor. 6.4. Bonds Required of Lessee. Prior to the commencement of any mandatory or discretionary modification, renovation, improvement or new construction, Lessee shall deliver to Lessor a bond, executed by a corporate surety in accordance with Texas Government Code, Chapter 2253, as amended, in the full amount of each construction contract or project. The bonds shall guarantee (i) satisfactory compliance by Lessee with all requirements, terms and conditions of this Lease, excluding rental payments, including, but not limited to, the satisfactory completion of the respective modifications,renovations, construction projects or improvements, and (ii) full payments to all persons, firms, corporations or other entities with whom Lessee has a direct relationship for the performance of such modifications,renovations, construction projects or improvements. In lieu of the required bond, and excluding rental payments, Lessee may provide Lessor with a cash deposit or an assignment of a certificate of deposit in an amount equal to 125% of the full amount of each construction contract or project. If Lessee makes a cash deposit, Lessee shall not be entitled to any interest earned thereon. Certificates of deposit shall be from a financial institution in the Dallas-Fort Worth Metropolitan Area which is insured by the Federal Deposit Insurance Corporation and acceptable to Lessor. The interest earned on the certificate of deposit shall be the property of Lessee and Lessor shall have no rights in such interest. If Lessee fails to complete the respective modifications, renovations, construction projects or improvements, or if claims are filed Unimproved Ground Lease Agreement Don E.Hansen Hangar 9S Page 6 by third parties on grounds relating to such modifications, renovations, construction projects or improvements, Lessor shall be entitled to draw down the full amount of Lessee's cash deposit or certificate of deposit. 6.5. Bonds Required of Lessee's Contractors. Prior to the commencement of any modification, renovation, improvement or new construction, Lessee's respective contractor shall execute and deliver to Lessee surety performance and payment bonds in accordance with the Texas Government Code, Chapter 2253, as amended, to cover the costs of all work performed under such contractor's contract for such modifications, renovations, improvements or new construction. Lessee shall provide Lessor with copies of such bonds prior to the commencement of such modifications, renovations, improvements or new construction. The bonds shall guarantee (i) the faithful performance and completion of all construction work in accordance with the final plans and specifications as approved by the City and (ii) full payment for all wages for labor and services and of all bills for materials, supplies and equipment used in the performance of the construction contract. Such bonds shall name both Lessor and Lessee as dual obligees. If Lessee serves as its own contractor, Section 6.5 shall apply. 6.6. Releases by Lessor Upon Completion of Construction Work. Lessor will allow Lessee a dollar-for-dollar reimbursement from its cash deposit account or reduction of its claim upon Lessor's certificate of deposit upon (i), where Lessee serves as its own contractor, verification that Lessee has completed construction work or(ii), where Lessee uses a contractor, receipt of the contractor's invoice and verification that the contractor has completed its work and released Lessee to the extent of Lessee's payment for such work,including bills paid,affidavits and waivers of liens. 7. USE OF PREMISES. Lessee hereby agrees to use the Premises solely for aviation-related purposes only. Lessee is hereby prohibited from the provision, without limitation, of the following concessions: ground transportation for rent or hire, including taxi and limousine services; food sales; barber and valet services; alcoholic beverage sales; sales of pilot supplies; newsstands; and gift and other retail shops. However, Lessee may install and operate vending machines on the Premises for use by Lessee and its employees. 8. SIGNS . Lessee may, at its sole expense and with the prior written approval of the Airport Systems Director or his or her authorized designee, install and maintain signs on the Premises related to Lessee's business operations. Such signs, however, must be in keeping with the size, color, location and manner of display of other signs at the Airport. Lessee shall maintain all signs in a safe,neat, sightly and physically good condition. Unimproved Ground Lease Agreement Don E.Hansen Hangar 9S Page 7 9. RIGHTS AND RESERVATIONS OF LESSOR. Lessor hereby retains the following rights and reservations; 9.1. Lessor reserves the right to take any action it considers necessary to protect the aerial approaches of the Airport against obstruction, including, but not limited to, the right to prevent Lessee from erecting or permitting to be erected any building or other structure which, in the opinion of Lessor, would limit the usefulness of the Airport, constitute a hazard to aircraft or diminish the capability of existing or future avigational or navigational aids used at the Airport. 91. Lessor reserves the right to temporarily close the Airport or any of its facilities for maintenance, improvements, safety or security of either the Airport or the public, or for in the event of an emergency, Except g any other cause deemed necessary by Lessor. p Lessor will provide Lessee written notice of any planned closing of the Airport at least forty-eight (48)hours in advance thereof. In any event of closing, whether planned or for an emergency, Lessor shall in no way be liable for any damages asserted by Lessee, including, but not limited to, damages from an alleged disruption of Lessee's business operations. 9.3. This Lease shall be subordinate to the provisions of any existing or future agreement between Lessor and the United States Government which relates to the operation or maintenance of the Airport and is required as a condition for the expenditure of federal funds for the development,maintenance or repair of Airport infrastructure. 9.4. During any war or national emergency, Lessor shall have the right to lease any part of the Airport, including its landing area, to the United States Government. In this event, any provisions of this instrument which are inconsistent with the provisions of the lease to the Government shall be suspended. Lessor shall not be liable for any loss or damages alleged by Lessee as a result of this action. However, nothing in this Lease shall prevent Lessee from pursuing any rights it may have for reimbursement from the United States Government. 9.5. Lessor covenants and agrees that during the term of this Lease it will operate and maintain the Airport and its facilities as a public airport consistent with and pursuant to the Sponsor's Assurances given by Lessor to the United States Government through the Federal Airport Act; and Lessee agrees that this Lease and Lessee's rights and privileges hereunder shall be subordinate to the Sponsor's Assurances. 9.6. Lessee's rights hereunder shall be subject to all existing and future utility and drainage easements and rights-of-way granted by Lessor for the installation, maintenance, inspection, repair or removal of facilities owned or operated by electric, gas, water, sewer, communication or other utility companies: Lessee's rights shall additionally be subject to all rights granted by any ordinance or statute which allows utility companies to use publicly-owned property for the provision of utility services. Unimproved Ground Lease Agreement Don E.Hansen Hangar 9S Page 8 10. INSURANCE. 10.1. Types of Coverage and Limits. Lessee shall procure and maintain at all times, in full force and effect, a policy or policies of insurance as specified in Section 10 of this Lease, naming the City of Fort Worth as an additional insured and covering all risks related to the leasing, use, occupancy, maintenance, existence or location of the Premises. Lessee shall obtain the following insurance coverage at the limits specified herein: • Pro er : Fire and Extended Coverage on all improvements at full replacement cost limit; • Commercial General Liability: $1,000,000 per occurrence, including products and completed operations; • Automobile Liability: $1,000,000 per accident, including, but not limited to, coverage on any automobile used in Lessee's operations on the Premises; In addition, Lessee shall be responsible for all insurance to construction, improvements, modifications or renovations to the Premises and for personal property of its own or in its care, custody or control. 10.2. Adjustments to Required Coverage and Limits. Insurance requirements, including additional types of coverage and increased limits on existing coverages, are subject to change at Lessor's option when necessary to cover Lessee's operations at the Airport. Lessee will accordingly comply with such new requirements within thirty (30) days following notice to Lessee. Such notice to Lessee shall provide reasonable evidence of the necessity for such new insurance requirements. 10.3. Certificates. As a condition precedent to the effectiveness of this Lease, Lessee shall furnish Lessor with appropriate certificates of insurance signed by the respective insurance companies as proof that it has obtained the types and amounts of insurance coverage required herein. Lessee hereby covenants and agrees that not less than thirty (30) days prior to the expiration of any insurance policy required hereunder, it shall provide Lessor with a new or renewal certificate of insurance. In addition, Lessee shall, at Lessor's request, provide Lessor with evidence that it has maintained such coverage in full force and effect. Unimproved Ground Lease Agreement Don E.Hansen Hangar 9S Page 9 10.4. Additional Requirements. Lessee shall maintain its insurance with underwriters authorized to do business in the State of Texas. The policy or policies of insurance shall be endorsed to cover all of Lessee's operations at the Airport and to provide that no material changes in coverage, including, but not limitedto, cancellation, termination, non-renewal or amendment, shall be made without thirty(30) days poor written not ice to Lessor. 11. INDEPENDENT CONTRACTOR. It is expressly understood and agreed that Lessee shall operate as an independent contractor as to all rights and privileges granted herein, and not as an agent, representative or employee of Lessor. Lessee shall have the exclusive right to control the details of its operations and activities on the Premises and shall be solely responsible for the acts and omissions of its officers, agents, servants, employees, contractors, subcontractors, licensees and invitees. Lessee acknowledges that the doctrine of respondeat superior shall not apply as between Lessor and Lessee, its officers, agents, employees, contractors and subcontractors. Lessee further agrees that nothing herein shall be construed as the creation of a partnership or joint enterprise between Lessor and Lessee. 12. INDEMNIFICATION. LESSEE SHALL BE LIABLE AND RESPONSIBLE FOR ANY CLAIMS, DEMANDS, LAWSUITS OR OTHER ACTIONS FOR DAMAGES OF ANY KIND, INCLUDING, BUT NOT LIMITED TO, PROPERTY LOSS, PROPERTY DAMAGE AND OR PERSONAL INJURY OF ANY KIND OR CHARACTER, INCLUDING DEATH, WHETHER REAL OR ASSERTED, ARISING OUT OF OR IN CONNECTION WITH ITS USE OF OR OPERATIONS ON THE PREMISES UNDER THIS LEASE, EXCEPT TO THE EXTENT CA USED BY THE GROSS NEGLIGENCE OR INTENTIONAL MISCONDUCT OFLESSOR,ITS OFFICERS,AGENTS, SERVANTS OR EMPLOYEES. LESSEE, AT LESSEE'S OWN EXPENSE, ,SHALL INDEMNIFY, DEFEND AND HOLD HARMLESS LESSOR, ITS OFFICERS, AGENTS, SERVANTS AND OR EMPLOYEES, FROMAND AGAINST ANY CLAIM, LAWSUIT OR OTHER ACTION FOR DAMAGES OF ANY KIND OR CHARACTER, INCLUDING, BUT NOT LIMITED TO, PROPERTY DAMAGE OR LOSS SS AND ANY RESULTING LOST PROFITING ALLEGED S)DAMAGE D OR S TO LESSEE'S B USINE PERSONAL INJURY, INCLUDING DEATH, WHETHER REAL OR ASSERTED, ARISING OUT OF OR IN CONNECTION WITH THE USE, LEASING, MAINTENANCE, OCCUPANCY, EXISTENCE OR LOCATION OF THE PREMISES OR ANY IMPROVEMENTS THEREON, MISCONDUCT OFEPT TO THE TENT LESSOR, IT NEGLIGENCEED BY THE GROSS INTENTIONALAL MS OFFICERS, AGENTS, SERVANTS OR EMPLOYEES. LESSEE ASSUMES ALL RESPONSIBILITY AND A GREES TO PA X LESSOR FOR ANY AND ALL INJURIES MENTSO DAMAGES R TI EREONWHICH A SE OUT OF OR IN CONORT PROPERTY, THE NECTMISES ION OR ANY IMPROVE Unimproved Ground Lease Agreement Don E.Hansen Hangar 9S Page 10 WITH ANY AND ALL ACTS OR OMISSIONS OF LESSEE, ITS OFFICERS, AGENTS, EMPLOYEES, CONTRACTORS, SUBCONTRACTORS, LICENSEES OR INVITEES, EXCEPT TO THE EXTENT CONDUCT OF CAUSED LESSOR, T�E GROSS NEGLIGENCE S SERVANTS, AGENTS OR INTENTIONAL MISCONDUCT EMPLOYEES. LESSOR DOES NOT GUARANTEE POLICE PROTECTION TO LESSEE OR ITS PROPERTY. LESSOR IS OBLIGATED ONLY TO PROVIDE SECURITY ADEQUATE TO MAINTAIN LESSOR'S CERTIFICATION UNDER FAA REGULATIONS. LESSEE SHALL COMPLY WITH ALL APPLICABLE REGULATIONS OF THE RELATEDFAA OE RELATING S TO AIRPORT SECURITY ON THE PREMISES WHICH IS OPERATIONS THEREON AND SHALL COOPERATE WITH LESSOR IN THE IMPLEMENTATION AND ENFORCEMENT OF LESSOR'S SECURITY PLAN AT THE AIRPORT. LESSEE SHALL PAY ALL FINES IMPOSED BY THE FAA ON LESSOR OR LESSEE RESULTING FROM LESSEE'S FAILURE TO COMPLY WITH SUCH FAA REGULATIONS OR TO A O THE AIR OPERATIONS NT UNAUTHORIZED ORE�OF THE AIRPORT R PARTIES FROM THEIR OBTAINING ACCESS FROM THE PREMISES. 13. TERMINATION. In addition to tennination rights contained elsewhere in this Lease, Lessor shall have the right to terminate this Lease as follows: 13.1. Failure by Lessee to Pay Rent, Fees or Other Charges. If Lessee fails to pay any rent, fees or other charges due under this Lease, Lessor shall deliver to Lessee a written invoice and notice to pay the invoice within thirty (30) calendar days. If Lessee fails to pay the balance outstanding within such time, Lessor shall have the right to terminate this Lease immediately. 13.2. Breach or Default by Lessee. If Lessee commits any breach or default, other than Lessee's failure to pay rent, Lessor shall deliver written notice to Lessee specifying the nature of such breach or default. Lessee shall have thirty (30) calendar days following such written notice to cure, commence to cure, adjust or correct the problem to the standard existing prior to the breach, and shall continue said efforts in a conscientious manner until said default is cured. If Lessee fails to cure, or undertake to cure, the breach or default within such time period, Lessor shall have the right to terminate this Lease immediately 13.3 Lessee's Financial Oblisations to Lessor upon Termination,Breach or Default. If Lessor terminates this Lease for any non-payment of rent, fees or other charges or for any breach or default as provided in Sections 13.1 or 13.2 of this Lease, then Unimproved Ground Lease Agreement Don E.Hansen Hangar 9S Page 11 subject to offsets for rents received by Lessor subsequent to the breach, Lessee shall be liable for and shall pay to Lessor all rent due Lessor for the remainder of the term then in effect as well as all arrearages of rentals, fees and charges payable hereunder. In no event shall a reentry onto or reletting of the Premises by Lessor be construed as an election by Lessor to forfeit any of its rights under this Lease. 13.4 Rights of Lessor Upon Termination or Expiration. Upon termination or expiration of this Lease, title to all improvements on the Premises and all fixtures and other items attached to any structure on the Premises shall pass to Lessor. In addition, all rights, powers and privileges granted to Lessee hereunder shall cease and Lessee shall vacate the Premises. Within twenty (20) days following the effective date of termination or expiration, Lessee shall remove from the Premises all trade fixtures, tools, machinery, equipment, materials and supplies placed on the Premises by Lessee pursuant to this Lease. After such time, Lessor shall have the right to take full possession of the Premises, by force if necessary, and to remove any and all parties and property remaining on any part of the Premises. Lessee agrees that it will assert no claim of any kind against Lessor, its agents, servants, employees or representatives, which may stem from Lessor's termination of this Lease or any act incident to Lessor's assertion of its right to terminate or Lessor's exercise of any rights granted hereunder. 14. NOTICES. Notices required pursuant to the provisions of this Lease shall be conclusively determined to have been delivered when (1) hand-delivered to the other party, its agents, employees, servants or representatives, or (2) deposited in the United States Mail,postage prepaid, addressed as follows: To LESSOR: To LESSEE: City Of Fort Worth Don E. Hansen Aviation Department 4201 North Main Street, Suite 119 4201 North Main Street, Suite 200 Fort Worth,Texas 76106 Fort Worth, Texas 76106 15. ASSIGNMENT AND SUBLETTING. 15.1. In General. Lessee shall have the right to sublease all or portions of the Premises as provided by and in accordance with Section 7 of this Lease. Otherwise, Lessee shall not assign, sell, convey, sublease or transfer the entirety of its rights, privileges, duties or interests granted by this Lease without the advance written consent of Lessor. Unimproved Ground Lease Agreement Don E.Hansen Hangar 9S Page 12 15.2. Conditions of Approved Assignments and Subleases. If Lessor consents to any assignment or sublease, all tenns, covenants and agreements set forth in thus Lease shall apply to the assignee or sublessee, and such assignee or sublessee shall be bound by the tenns and conditions of this Lease the same as if it had originally executed this Lease. The failure or refusal of Lessor to approve a requested assignment or sublease shall not relieve Lessee of its obligations hereunder, including payment of rentals, fees and charges. 16. LIENS BY LESSEE. Lessee acknowledges that it has no authority to engage in any act or to make any contract which may create or be the foundation for any lien upon the property or interest in the property of Lessor. If any such purported lien is created or filed, Lessee, at its sole cost and expense, shall liquidate and discharge the same within thirty (30) days of such creation or filing. Lessee's failure to discharge any such purported lien shall constitute a breach of this Lease and Lessor may terminate this Lease upon thirty (30) days' written notice. However, Lessee's financial obligation to Lessor to liquidate and discharge such lien shall continue in effect following termination of this Lease and until such a time as the lien is discharged. 17. TAXES AND ASSESSMENTS. Lessee agrees to pay any and all federal, state or local taxes or assessments which may lawfully be levied against Lessee due to Lessee's use or occupancy of the Premises or any improvements or property placed on the Premises by Lessee as a result of its occupancy. 18. COMPLIANCE WITH LAWS ORDINANCES,RULES AND REGULATIONS. Lessee covenants and agrees that it shall not engage in any unlawful use of the Premises. Lessee further agrees that it shall not permit its officers, agents, servants, employees,contractors, subcontractors, patrons, licensees or invitees to engage in any unlawful use of the Premises and Lessee immediately shall remove from the Premises any person engaging in such unlawful activities. Unlawful use of the Premises by Lessee itself shall constitute an immediate breach of this Lease. Lessee agrees to comply with all federal, state and. local laws; all ordinances, rules and regulations of Lessor; all rules and regulations established by the Airport Systems Director; and all rules and regulations adopted by the City Council pertaining to the conduct required at airports owned and operated by the City, as such laws, ordinances, rules and regulations exist or may hereafter be amended or adopted. If Lessor notifies Lessee or any of its officers, agents, employees, contractors, subcontractors, licensees or invitees of any violation of such laws, ordinances,rules or regulations, Lessee shall immediately desist from and correct the violation. 19. NON-DISCRIMINATION COVENANT. Unimproved Ground Lease Agreement Don E.Hansen Hangar 9S Page 13 Lessee, for itself, its personal representatives, successors in interest and assigns, as part of the consideration herein, agrees as a covenant running with the land that no person shall be excluded from participation in or denied the benefits of Lessee's use of the Premises on the basis of race, color, national origin, religion, disability, sex, sexual orientation, transgender, gender identity, or gender expression. Lessee further agrees for itself, its personal representatives, successors in interest and assigns that no person shall be excluded from the provision of any services on or in the construction of any improvements or alterations to the Premises on grounds of race, color, national origin, religion, disability, sex, sexual orientation, transgender, gender identity, or gender expression. Lessee agrees to furnish its accommodations and to price its goods and services on a fair and equal basis to all persons. In addition, Lessee covenants and agrees that it will at all times comply with any requirements imposed by or pursuant to Title 49 of the Code of Federal Regulations, Part 21, Non-Discrimination in Federally Assisted Programs of the Department of Transportation and with any amendments to this regulation which may hereafter be enacted. If any claim arises from an alleged violation of this non-discrimination covenant by Lessee, its personal representatives, successors in interest or assigns, Lessee agrees to indemnify Lessor and hold Lessor harmless. 20. LICENSES AND PERMITS. Lessee shall, at its sole expense, obtain and keep in effect all licenses and permits necessary for the operation of its operations at the Airport. 21. GOVERNMENTAL POWERS. It is understood and agreed that by execution of this Lease, Lessor does not waive or surrender any of its governmental powers. 22. NO WAIVER. The failure of Lessor to insist upon the performance of any term or provision of this Lease or to exercise any right granted herein shall not constitute a waiver of Lessor's right to insist upon appropriate performance or to assert any such right on any future occasion. 23. VENUE AND JURISDICTION. If any action, whether real or asserted, at law or in equity, arises on the basis of any provision of this Lease or of Lessee's operations on the Premises, venue for such action shall lie in state courts located in Tarrant County, Texas or the United States District Court for the Northern District of Texas, Fort Worth Division. This Lease shall be construed in accordance with the laws of the State of Texas. 24. ATTORNEYS' FEES. Unimproved Ground Lease Agreement Don E.Hansen Hangar 9S Page 14 In the event there should be a breach or default under any provision of this Lease and either party should retain attorneys or incur other expenses for the collection of rent, fees or charges, or the enforcement of performance or observances of any covenant, obligation or agreement, Lessor and Lessee agree that each party shall be responsible for its own attorneys fees, and the prevailing party shall not be entitled to recover attorneys' fees. 25. SEVERABILITY. If any provision of this Lease shall be held to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired. 26. FORCE MAJEURE. Lessor and Lessee shall exercise every reasonable effort to meet their respective obligations as set forth in this Lease, but shall not be held liable for any delay in or omission of performance due to force majeure or other causes beyond their reasonable control, including,but not limited to, compliance with any government law, ordinance or regulation, acts of God, acts of omission, fires, strikes, lockouts, national disasters, wars, riots, material or labor restrictions, transportation problems and/or any other cause beyond the reasonable control of Lessor or Lessee. 27. HEADINGS NOT CONTROLLING. Headings and titles used in this Lease are for reference purposes only and shall not be deemed a part of this Lease. 28. ENTIRETY OF AGREEMENT. This written instrument, including any documents attached hereto or incorporated herein by reference, contains the entire understanding and agreement between Lessor and Lessee, its assigns and successors in interest, as to the matters contained herein. Any prior or contemporaneous oral or written agreement is hereby declared null and void to the extent in conflict with any provisions of this Lease. The terms and conditions of this Lease shall not be amended unless agreed to in writing by both parties and approved by the City Council of Lessor. Execution of this Lease hereby tenninates CSC Nos. 8938,9123, 17327, 18968 and 28262. [Signature Pages Follow] Unimproved Ground Lease Agreement Don E.Hansen Hangar 9S Page 15 TN WITNESS WHEREOF,the parties hereto have executed this Lease in multiples, this day of ,2010. CITY OF FORT WORTH: By: /eTo—$4 .wL Fernando Costa Assistant City Manager Date: 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 Fernando Costa, known to me to be the person whose name is subscribed to the foregoing instrwunent, and acknowledged to me that the same was the act of City of Fort Worth, and that he executed the same as the act of City of Fort Worth for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN TINDER MY HAND AND SEAL OF OFFICE this l��l day of 2010. , W I HOSELLA gpRNES �"� �`' �` -'�'�^• ; *= My COMMISSION EXPIRES Notary Public in and for the State of Texas M8031,204 APPROVED AS TO FORM AND LEGALITY: ATTEST: By: By: Charlene Sanders Marty Hendrix Assistant City Attorney City Secretary f L R Date: ' I /l ( 'fa. Date: 'D crc' 000 �1 QOU O�oO0��� M&C: C 21287• Approved 2/14/06 �o o� d o Oqy d Y�4 k-"' XA��`'oA�� Unimproved Ground Lease Agreement Don E.Hansen Hangar 9S Page 16 LESSEE: ATTEST: DON E.HANSEN By: By: Don E.Hansen Name: Individual Date: f d // U 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 Don E. Hansen, known to me to be the person whose name is subscribed to the foregoing instrument,exutedthe sam s the acknowledged t of Don Ea Hansen, fot the same rrthe purposes as the act of Don E. Hansen, and that he and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this /6 day of > 2010. Nota Public and for the State of Texas JUDY C.NICKISON Notary Public, State of Texas ^y�IR Illl\,`i %n�QF�n CQrpm;Etp"Ai 7,11 Unimproved Ground Lease Agreement Don E.Hansen Hangar 9S Page 17 Exhibit "A" Lease Site IOS: A parcel of land out of Block 2,Meacham Airport Addition, according to plat thereof recorded in Cabinet A, Slide 2445, of the Plat Records of Tarrant County, Texas, and being more particularly described as follows to wit; BEGINNING at a mark"X" found in concrete for the northwest corner of the herein described lease site, said"X" having NAD '83,Texas Coordinate System,North Central Zone, coordinates of N=6,981,785.68, and E=2,320,444,54, and from which a brass disc, City of Fort Worth Monument Number 9900, bears North 78 degrees 08 minutes 49 seconds West, 0.25 feet; THENCE: South 80 degrees 43 minutes 27 seconds East,320.77 feet to a"P-K" nail set with a aluminum washer marked"C.F.W. SURVEY" for the northeast corner of the herein described lease site; THENCE: South 00 degrees 05 minutes 49 seconds East, 279.80 feet to a City of Fort Worth brass monument stamped#0803 set in place of a mark"X" found in concrete for the southeast corner of the herein described lease site; THENCE: South 89 degrees 53 minutes 41 seconds West, 180.17 feet to a City of Fort Worth brass monument stamped#0802 set in place of a mark"X" found in concrete; THENCE: South 47 degrees 46 minutes 31 seconds West, 81.54 feet to a City of Fort Worth brass monument set in concrete stamped#0801 for the most south corner of the herein described lease site; THENCE: North 42 degrees 13 minutes 29 seconds West, 57.32 feet to a City of Fort Worth brass monument stamped#0807 set in place of a mark"X" found in concrete at the beginning of a curve, having a radius of 174.0 feet; THENCE:Northwesterly with said curve to the left,through a central angle of 17 degrees 58 minutes 23 seconds, an are distance of 54.48 feet,to a"P-K" nail found at its end,the long chord of said curve bears North 51 degrees 12 minutes 31 seconds West, 54.36 feet; THENCE:North 00 degrees 48 minutes 33 seconds West, 310.18 feet to the Place of Beginning, and containing some 2.304 acres(100,352 square feet)of land, more or less. Note:The above lease is improved with Hangar#9S. ��t�' Exhibit EA-] oC' O 0 � • ! �' GC O G C A O �� •a� tl ~ R7 N v 0{ u K " '"€ 6 F 5 br� O F o _ a O 4 ; m � c w " a a W � 0 E s Quota•c :s 9oos•,Y•. •• _�:�_ W f/) Z p s)seu 1 )es. c O iS si b R MLFSTRE-M RD. N •': sy' • ) � ' , CPIR tl1S�N ) , � gp� Jqqi F m �ti, fi�aj�e . i� 4 � " • 9 C� �ii n n I " a " ♦ a I S • �NG a •S N OLl 90•[ 1 x y o � In sva2 " • 4 au'attoa sr Y • ` /D{Rq S 9Z 71 qqN sid+Qg tl , set blo g pp F�cf�q� -�'/•�r•� S6L IM•h)1 ��1 �•�'__�•� i � SYL YIJNM lip 1 _ " tit i 1pp, g 3 T .Iru9 j JJJ CCC ) ui 4 t < s o a o • x • e � t� � e w E 3 k F = f } Vi < W Fh vui �z Official site of the City of Fort Worth,Texas CITY COUNCIL AGENDA FO`4 T DATE: 9/14/2021 REFERENCE**M&C 21- LOG 55FTW CONSENTASSIGNMENT GRND NO.: 0684 NAME: LEASE 10, HANGAR 9S, POLLARD CODE: C TYPE: CONSENT PUBLIC NO HEARING: SUBJECT: (CD 2) Authorize Execution of a Consent to Assignment of City Secretary Contract 41118, a Ground Lease Agreement for Lease Site 10, Hangar 9S by Sandpiper Operating, LLC to Pollard Aircraft Sales, Inc. at Fort Worth Meacham International Airport RECOMMENDATION: It is recommended that the City Council authorize execution of a Consent to Assignment of City Secretary Contract 41118, a ground lease agreement for Lease Site 10, Hangar 9S by Sandpiper Operating, LLC to Pollard Aircraft Sales, Inc, at Fort Worth Meacham International Airport. DISCUSSION: On November 11, 2010, the City (Lessor) and Don E. Hansen, an individual, entered into City Secretary Contract (CSC) 41118, known as Unimproved Ground Lease Agreement for Lease Site 10/ Hangar 9S (Lease 41118) at Fort Worth Meacham International Airport. On or about March 23, 2021, the Lessor consented to an assignment by Don E. Hansen (Former Lessee) and Sandpiper Operating, LLC (Lessee) to assign all of Former Lessee's rights, title and interest in the leased premises due to Former Lessee changing the name in which business is done to Sandpiper Operating, LLC. On or about July 1, 2021, staff received a request from Lessee to consent to an assignment of Lease 41118 to Pollard Aircraft Sales, Inc. Upon City Council approval, Pollard Aircraft Sales, Inc. will assume the leasehold interest and obligations associated with the lease. Lease Site 10 consists of a 23,500 square foot hangar and 100,324.08 square feet of ground space. The initial term of the lease commenced on November 11, 2010 and expires on May 31, 2026. In addition to the initial term, Lease 41118 provides the option to renew upon expiration of the initial term. Renewal options allow Lessee two (2) consecutive options to renew for successive terms of five (5) years each. Lease 41118 prohibits any assignment of the lease or causing any lien to be made on improvements constructed on the leased premises without City Council approval. These types of transactions are routine for airport tenants and staff has no objection to this request. Under the current agreement, Sandpiper Operating, LLC remits the amount of$43,733.88 annually to the City, payable in monthly installments of$3,644.49. After the assignment, Pollard Aircraft Sales, Inc. will remit the same amount and be subject to the provisions contained within the original agreement. Fort Worth Meacham International Airport is located in COUNCIL DISTRICT 2. FISCAL INFORMATION/CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendation and execution of the lease, funds will be deposited into the Municipal Airport Fund. The Aviation Department (and Financial Management Services) is responsible for the collection and deposit of funds due to the City. TO Fund Department Account Project Program Activity Budget Reference# Amount ID I ID I I Year (Chartfield 2) FROM Fund Department Account Project Program Activity Budget Reference# Amount ID ID Year I (Chartfield 2) Submitted for City Manager's Office by_ Fernando Costa (6122) Originating Department Head: Roger Venables (5402) Additional Information Contact: Ricardo Barcelo (5403) ATTACHMENTS Location Map 10.9S.pdf