HomeMy WebLinkAboutContract 28466a�r�r ����������
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FORT WORTH MEACAAM INTERNATIDNAL AIRP�RT
T-HANGAR LEASE AGREEMENT
(ANNUAL)
(T-FIANGAR 245-4)
Lessor: City of Fort Worth, Texas Lessee: Classic Aera
c/o Aviatian Deparlment J.J. Janovetz
4201 N. Main St., Suite 20d 45�8 Jim Mitchell Tr, W.
Fort Warth, Texas 76106-2736 Colleyville, TX 76034
In considera�ion of �he mutual covenants, promises and nbligations contained h�rein, Lessor and Lessee
hereby agree as follows:
1. PROPERTY LEASED. In accardance with ihe terms and conditions of this Lease, Lessor herehy demises
to F,essee, and Lessee hereby accepts and leases from Lessar, T-Hangar 245-4 (the "Premises"} at Fort Worth
Meacham InternationaI Airport ("Airpart"), as shown in Eghibit "A", attached hereto and hereby made a part of
this Lease for all purposes.
2. TERM OF LEASE. Unless terminated in accardance with the provisions of this Lease, (i) the "Initial
Term" of this Lease wiIl commence on the date as of which both Lessor and Lessee have executed tlus Lease and
expire on September 30, 2003 and {ii) this Lease will automatically renew for successive terms of one (1) year each,
cnrnmencing on October 1 of each year and expiring the following the following September 30 (each a"Renewal
Term").
3. RENT. During the Initial Term and any Renewal Terrn, Lessee shail pay Lessor monthiy zent £oz tb.e
Premises in accordance v�rith the rates established for the Premises by the Aviation Deparnneni's Schedul.e of Rates
and Charges in effect as of the first day of the respec#ive Term ("Rent"). Rent payments xn.ust be received by
Lessor's Revenue Ofiice, 1000 Throckrnorton, Fort Wortfi, Texas, 76101-a976, on ox before the first day of each
rnonth. Rent shall be cansidered past due if Lessor has nat rec�iv�d fu�l pay�n.ent after the tenth (lOth) day af the
month for which payment is due ("Past Due Date"}, Without Iimiting any of Lessor's rights and remedies provided
by this Lease ar applicable law for non�payment of Rent, if Lessor has not received Lesssee's Rent payment by the
Past Due Date, Lessor will assass a lata fee of ten percent {10%} per month an tkie entize balance of any overdue rent
that Lessee may accrue (collectively and iri the aggregat�, the "Late Fee"}.
4. iJTILITIES. Lessee, at Lessee's sale cost and exp�nse, shall be zespon,szble faz the use of ail utility
sezvices to the Premises and for aIl oYhar related utility exp�nses, including, but not lit�ited to, installatron costs,
4a. USE O�' PRENIISES. Lessee shal� use t�e Premises exclusively for the storage of aircraf#. Lessee's use
of the Premises for any other purpose shall constituYe a materiaj breach of ehis Lease.
5. MATNTENANCE AND REPAIRS BY LESS�E. Lessee agrees to keep and maintain the Premises in a
good, clean and sanitary condition at all times. Lessee cavenants and agrees that it will not rr�ake or suf%r any waste
of th� Premises. Lessee wiil, at Lessee's sole cost and expense, make all repairs necessary to prevent th�
deterioration in condition of the Premises. Lessee shall be responsible %r alI damages caused hy Lassee, its ag�nts,
servants, employees, contractors, subcontractors, licensees or invitees, and Lessee hereby a�ees to fufly zepair ar
otherwise cure all such ciamages at Lessee's sole cost and expense. Lessee agrees that, except as otherwise expressly
provided herein, all irnprovernents, trade fixtures, furnishings, eqnipment and ofiher personal property of every kind
or description whach may at any time be on the Premises shall be at Lessee' sole risk or at fhe sole risk oi ihose
claiming under Lessee.
6. INSPECTIONS BY LESSOR. 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 during
Lessee's ordinary business hours and shall use reasonable efforts to pro�ide Lessee at least two (2) hours' notice
prior to inspection. If Lessor determines during an inspection of the Premises that Lessee �s res�,t�n��51G �inu�� tlii� t
-. 1
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Lease for any ma�intenance or repairs, Lessor shalI no�ify Lessee in writing. Lessee agrees to begin such
maintenance oz zepair work diligently within thirty (30) calandar days follawing receipt of such notice and to then
connplete such maintenance ar repair work within a reasqnable iano,e, considering the nature of the wark to be don�.
Ii Lessee fails to begin the recommended maintanance or repairs within sucb tixne or fails to complete tha
maintenance or repairs within a reasonable time, Lessor may, in its disczetion, perfarzxz such znaintenance or repairs
on bel�alf of Lessee. In this event, Lessee will reimhurse Lessaz faz the cost af the rr�aintenance or repairs, and such
reirnbursement will be due on the ciate of Lessee's next montbty ren# payment following completion nf the
maintenance ar repairs. During any inspeedon, Lessar may pez�%zm any obIigations that Lessor is authorized or
requued to perform under the terins of this Lease or pursua�at to its governmental duties under federal sYate or local
laws, rules ar regulations.
7. HAZARDOU�" S�CiBSTANCE5 AND ENVIRONMENTAL REMEDIATION. Lessee shall comply
with applicable federal, state ar local law, regulation, rufe or orciinance relating to health, pollution or protection of
the en�ironment (collectively "Environmental L�ws"). Lessee represents and agreas tbat it has inspected the
Premises and is fully advised of its own rights vvithout zeliance upon any representatian znade by Lessor concerning
the environmental condition of the Premises. LESSEE, AT LESSEE'S SOLE C05T AND EXYENSE, SHALL
BE FULLY RESPONSIBLE FOR THE REMEDIATION OF ANY CONTAMINATION OF P1tOPERTY AT
THE AIRPORT OR GROUNDWATER THEREUNDER TO THE EXTENT CAUSED, AGGRAT�ATED BY OR
CONTRIBUTED TO, IN WHOLE OR IN PAR�', BY LESSEE, ITS OFFICER.S', AGENTS, SE�VANTS,
EMPLOYEES, CONTR,4CTORS, SUBCOIVTRACTORS, LICEN,SEESAND/OR INVITEES.
$. CONSTRUCTION AND IMPROVEMENTS. Lessee may ttot malce or cause to be naade any
modifications, renovations or improvements to the Pre�nises and may not undertake any construction work on the
Premises unless {i} Lessee f�st obtains written approval frorn the Aviation Director ar authorized representati�e
("Director") anc3 (ii) this Lease is amended in written form, signed by both parties, to provide for procedures and
regulations pertaining to such modificaYions, rennvations, improvem�nts oz eanstructzon woxk.
9. YNSURANCE. T.essee shall maintain the following insuranee caverage, at the limits speczfied herein, at a11
times that this Lease is in ef�'ect: Aircraft LiabiIity praviding,. at a Fninimuzn, coverage fox hodily injury and property
damage at $100,Qp0 per person and $3Q0,000 per occurrence. In addi�ion, Lessee shall be respon�ihle for all
insurance to construction, improvements, modiiications ox renovatiaaLs to t1�e Prenaises and far persanal property of
its own or in its care, custody or cantrol. Lessee s�all cause all insurauce palicies providing coverage under this
Lease to name Lessor as an additional insured and to provide that no material changes in coverage, including, but
not limited to, cancellation, tertnination, non-renewal or amendment, shaIl be made wzthout tl�,iriy (34) days' prior
written notice to Lessor. Tnsurance requirernents under this Lease are subject to change at Lessox's option, and
Lessee will comply with any sueh new requirements within thirty (3Q) calendar days £ollowizag notification to
Lessee. Lessee shall furnisl� Lessor with appropriate certificates of insurance signed by the respective insurance
companies as proof that it has ohtained the types and amounts of insuzance coverage required k�rein.
10. INDEPENDENT CONTRACTOR. It is expressiy understood and agreed tilat �,essee shall operate as an
independent contractar as to all rights and privileges granted herein, and not as an agent, representative or employee
of i.essor. Lessee shall have the exclusive right to control the details of its operatians and activities on the Premises
and shakl be solely responsible for the acts and omissions of its of�icers, agents, servants, employees, contractors,
suhcontractors, patrons, licensees and in�itees. Lessee acknawledges that the doctrine of respondeat supertor shall
not apply as Uetween Lessox and Lessee, its ofFicers, agents, employees, coniractors and subcontractors. Lessee
fiu-ther agxees that nothing herein shall be construed as the creatian of a partners�►ip or joint enter�rise hetween
Lessor and Lessee.
11. INDEM�TIFICATION. LES'SEE HER�BY (i) ASSUMES ALL LIABILITY AND RESPONSIBILITY
FD�t AN� DAMAGES, INCLUDING, BUT NOT Ll'MITED TO, PROPERTY ZOSS, PROPERTY DAMAGE
AND/QR PERSONAL INJURY OF ANY KIND, 1'NCLrIDING DEATH, TO ANY AND AL� PERSONS, OF
ANYICIND QR CbfARACTE.R, WHETHER REAL OR ASSERTED, ARl'S1'NG OUT 4F OR 1`N CONNECTION
W,�TH ITS USE OF OR OPERATIONS ON THE A1'RPORT' UNDER THIS LEASE OR WITH THE ZEASING,
M.�fINTENANCE, USE, OCCIIPANCY, EXl'STENCE OR LOCATIDN OF THE PREM2'SES OR ANY
IMPROVEMENTS T�IEREDN, EXCEPT �'O THE EXTENT CAUSED BY THE GROSS NEGLIGENCE OR
INTENTIONAL MIS'CONDUCT OF LESSOR, ITS 5'ERVANTS, AGENTS OR EMPLDYEES AND (ii)
Page 2 of 6
CDVENANTS AND AGREES TO, AND DOES HEREBY, INDEMNIFY, HOLD HARMLESS AND DEFEND
LESSOR, ITS OFFICERS, AGENTS, SERVANTS AND EMPLOYEES, FROM AND AGAINST ANY AND
ALL CLAItYlS, LAWSUITS OR OTHER ACTIUNS FOR ANY %IND OF DAMAGE�',1'NCL UDING, B UT NOT
LIMITED TO, R PROPERTY DAMAGE �R LQSS {.INCLUDING ALLEGED DAMAGE OR LOSS TO
LESSEE'S BUSINESS AND ANY RESULT.tNG L�ST PROFITS) AND/OR PERSONAL INJURY,
INCL UDING DEATH, TO ANY AND ALL PERSONS, OF ANY KIND OR CHARACTER, WHETHER REAL
0� AS,SERTED, ARISING OUT OF OR IN CONNECTION WITH THE USE, LEASING, MAINTENANCE,
OCCUPANCY, EXISTENCE OR LOCATION OF THE PREMISES OR ANY 1'MPROVEMENTS THEREON,
EXCEPT TO THE EXTENT CAUSED BY THE GROS�` NEGLIGENCE OR 1NTENTIONAL MISCONDUCT
OF LESSOIt, ITS SEI�VANTS, AGENTS OR EMPLOYEES. LESSOR DOES NOT GUARANTEE POLICE
PROTECTION TO LESSEE QR I7'S PROPERTY. LESSOR L5' OBLIGATED ONLY TO PROVIDE
�ECURITY ADEQ�IA�'E T� MAINTAIN LESSOR'S CERTIFICATION UNDER FAA REGULATIONS
LESSEE SHALL COMPLY WITH ALL APPLICABLE REGULATIONS OF THE FAA RELATING TO
AIRPORT SECURITY. LESSEE ,�AALL PAY ALL FINES IMPOSED BY THE FAA ON LESSOR OR
LESSEE RESULTING FROM LESSEE'S .�'AILURE TO COMPLY WITH �'UCH FAA REGULATIDNS OR
TD PREVENT UNAUTHORIZED PERSONS OR PARTIES FROM THEIR OBTAIMNG ACCESS TO THE
AIR QPERATI011+S AREA OF THE AIRPORT FROM THE PREMISES. THIS SECTION II SHALL
SPECIFICALLYSURVIVE TERMINATION UR EXPIRATIONOF THISLEASE.
12. TERMINATION. 12.1. By Either Party. Either party may prevent this Lease from being renewed fox
a Ranewal Term for any reasan, with or without cause, hy providing the other party with at least thirty (30) calendar
days' written notice of its intent tn fertninate this Lease ef%ctive upan the full expiraEion of the Term then in e£�'ect.
12.2. Breach or Default hy Lessee. If T.essee iails to pay Rent by the Past Dne Date, Lessor ir�ay at ar�y time
provide Lessee with a written statement of the amount due, Lessee will have ten (1Q} calendar days to pay this sum
in fu1L If Lessor has not received such payment within that time, Lessar may terminate this Lease immediately, If
Lessee commits any other rype of breach or d�fault, Lessor may at any time provide Lessee with a written notice
describing the nature of the breach or default. Lessee will have tbirty (20} calendar days to cure the breach or
default to the reasanable satisfaction of Lessor. If Lessee faiIs to so cure the breach or default within that time,
Lessor may terzninata this T ease iznrnediateIy. 12.3. Effect of Termination or E�iration. Upon termrnation or
e�ixation of this Lease, titIe to alI improvements on the Premises and all fixtures and other iterns attached to any
siruciure on the Prernises shall pass to Lessar. In addition, aIl riglsts, powers and privileges granted to Lesse�
hareunder sY�all cease and Lessee shall vacate the Premises, Within twenty {24) days fallawing the effective date of
kermination or expiration, Lessee sha11 remove from�the Fremises all trade fixtures, tools, machinery, equipment,
materials and supplies placed on the Premises by Lessee pursuant ta this �.ease. After such time, Lessor shall have
the right to take full possession of the Preauses, by force if necessary, and to remove any and all parties and property
remaining on any part of the Premises. Lessee agrees that it wi.l1 assert no claim of any kind against Lessor, its
agents, servants, employees or representatives, wl�ich may stem from Lessor's terminatian of this Lease or any act
incident ta Lessor's assertion of its right to terminate or Lessor's exexcise of any rights granted hereunder.
13. ASSIGNMENT. Lessee shall not assign, s�ll� conveyr sublease or kransfer any of its rights, privileges,
duties or iaterests granted by fhis Lease without the advance written con5ent of Lessor.
14. LIENS. Lessee shall not take any actinn or make any contract that may create or be the foundation for any
lien on either the real property oF or any Improvement on the Premises. Tn the avent that any such purported lien is
created or tiled, Lessee shall cause snch Iien to be liquidated and discharged. IN ADDITION TO ANY
APPLICABLE �TATUTORY LANDLORD'S LIEN, LESSEE HEREBY GRANTS TU LESSOR, IN ORDER TO
SECURE PERFOR1t�ANCE BX LESSOR QF ITS OBLIGATIONS UNDER THI.S LEASE, A SECURITY
INTEREST IN ALL COODS, .iNVENTORY, EQUIPMENT, FIXTCTRES, FUR1vITURE, IMPR4VEMENTS,
CHATTEL. PAPER, ACCOUNTS AND GENERAL INTANGIBLES, AND DTHER PERS`ONAL PROPERTY
OF CONCESSIUNAIRE NOW OR HEREAFTER S.ITUATED ON OR IN THE PREMISES OR OTHERWISE
RELATING TO LESSEE'S USE OF T1gE PREMISES, .INCLUDING, YY7THOUT LIMITATION, AII�CRAFT,
AND ALL PROCEEDS TSEREFRQM (COLLECTIVELY, THE "COLLATERAL "). IF LL'S.S`OR
TERMINATES THIS LEASE ON ACCOUNT OFBREACH �R DEFAULT BY LESSEE, LESSOR MAY, IN
ADDITION TD ALL OTHER REMEDIES, WITHOUT N�TICE �R .�EMAND EXCEPT AS PROVIDLD
BELOW, EXERCISE THE RIGHTS AFFQRDED A SECURED PARTY UNDER TIIE TEXAS UNIFORM
COMME.I�C.IAL CODE ("UCC'}. IN CDNNECTION WITI�ANYPUBLIC OR PRIVATE SALE UNDER THE
Page 3 of 6
UCC, LESSOR �'HALL GIVE LESSEE FIT�' (5) CALENDAR DAYS' PRIOR WRl'T'TEN NOTTCE OF THE
TIME AND PLACE OF ANY PITBLIC SALE OF THE COLLATERAL OR OF THE TTME AFTER WHICI�
ANY PRIVATE SAiE OR OTHER INTENDED DISPOSITION THEREOF 1'S ?'O BE MADE, WHICH IS
AGREED �D BE A REASONABZE NOTICE DF SUCH SALE OR DISPOSITION.
15, COMPLIANCE WITH LAWS. ORDINANCES. RiJLES AND REGULATIONS. Lessee covenancs
and agrees that it shall not e�gage in any ut�Iawful use of the Premises. Lessee fiuther agrees that it shall not peimit
ifs af�cers, agents, servants, employees, contractors, subcantractars, patrans, licensees or invitees to engage in any
unlawful use of the Premises and Lessee imrnediately shall remove from the Premises any persan engaging in such
urilawful activities. Unlawful use of the Premises by Lessee itself sha11 constitute an ix�tmediate breach of this
Lease. Lessee agrees to comply with a11 federal, state and Ioca� Iaws; all ozdinances, rules and regulations of Lessor;
all rules and reguIatians established by the Director; and all rules and zegulations adopted by the City Council
pertaining to the conduct required at #he Airpar�, as such laws, ordinances, rules and regulations exist or may
hereafter l�e a�nended or adopted. If Lessor natifies Lessee or any of its o�#icers, agents, employees, contractnrs,
subcontractors, licensees ar invitees of any violation of such laws, ordinances, rules or xegulations, Lessee shall
immediately desist fro�n and correct the violation.
16. N�N-DISCRIMINATION COVENANT. Lessee, far itself, ifis personal representatives, successors in
interest and assigns, as part of the consideraiion herein, agrees as a covena�t running witk� the land that no person
shall be excluded from participation in or denied the beneiits of Lessea's use of the Preznises on the basis of race,
color, national origin, xeligion, handicap, sex, sexual orientatioa or familial status. I.essee further agrees fnr ifself
its persanal representatives, suceessors in interest and assigns ti�at no person shalI be excluded from the piovision of
any services on or in the construction of any improvements or alteratioris to the Premises on grounds of race, color,
national origin, religion, handicap, sex, sexual orientation or familial status. If any cIaim arises from an alleged
violation of this non-discrimination covenant by Lessee, its personal zepzesentatives, successars in interest or
assigns, Lessee agrees to indemnify Lessor and hold Lessoz harmless.
1i. GOVERNM�NTAL POWERS. It is understaod and agzeed that by execntion of ihis Lease, Lessor does
not waive or surrender any af its governmental powers. .
18. NO WAIVER. The failuze af Lessor to �sist upon #he perfornlance of any term or provision of this Lease
ar 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 fut�ue occasion.
19. VENUE AND �URYSDYCTION. If any action, whether zeal ar assezted, at law or in equity, arises on the
basis of any pxovision of this Lease or of Lessee's �perations on the Ptemises, venue for such action shaIl lie in state
courts located in Tarrant CounYy, Texas or the United States District Caurt foz the Northern. Disirict af Texas, Fort
Worth Division. Tius Lease shall be ecsnstrued in accordaace witk the laws of the State of Texas.
20. SEVERABILITY. If any provision of this Lease shall be held ta be invalid, iilegal or unenforceable, the
validity, legality and �nfnrceability o�the remaining provisions shall not in any way be affact�d or impaired.
21. HEADINGS NOT CONTAOLLING. Headings and titles used in this Lease are for reference puzposes
anly and shall not be d�emed a part af this Lease.
22. ENTiRETY OT AGREEMENT. Tlus written instrument, including any dacuments attached hereto or
incorpozated herein by reference, coatains the entire undersYanding and agreea�ent betwaen Le�sor and Lessee, its
assigns and successors in interest, as to the matters can#ained herein. Any prinr or contempaxaneous ozal or wxitten
agreement is h.ereby declated auIl and void to the extent in cantlict with any provisions af this I,ease. The tezms and
condations of this T.ease shall not be amended unless agreed to in writing by both parties and approved by the City
Coum.cil of Lessor. This Lease a�ay be executed in mr�ltiple caunterparts, each of which shall he coasidered an
ori�in.al document.
[STGNATURES IMMEDIATELY FOLLOW ON NEXT PAGE]
Page 4 of 6
EXECIITED A� OF THE LATER DATE BELOW:
CITY OF F WORTH:
By: �
Name: `�
Assistant City Manager
Date:�� � ��
ATTES :
I- _ ..��= - • �
By:_� -
p r. • ._
City Secretary �
APPROVED AS TO FDRM AND LEGALITY:
B .�:%�
Y� _
Assistant City Attorney
M & C: � -%�.�/,� �� `t I 0 �
i
. _ . . ��Z 4 _
CIassic Aexo
By: � �
Nam rr ra vef�
Date: � � - d3
ATTEST:
By:
Page S af G
ST�iT� OF TEXAS
COUNTY O�' TAI�R.AN I'
B�FORE ME, the undersigned authority, a Notary Public in and far the State of Texas, on this day personalIy
appeared Mr. J.J. Janovetz, lrnovvr► to me to be tIie person whose name is subscribed to the foregoing inshument, and
acknowledged to me that the same was the act of Classic Aero and that h� executed the same as the aet of Classic Aaro
for fhe purposes and consideration therein expressed and in khe capacity tliereiz� stated.
GI'VEN iJNDER MY IIAND .�7 S�AI.OF OFFrCE this �J��day of �:}Li.rl,�,�Or, , (�b� ,
``��11�1Si Nl//�/I�� � �
������� �' l� ���i
�.�`� �� A!�l' pi; .,� �''•�; ,
;
:�� �'C�' �� Notary PubliG in aud �or Yk�e State o�Te�cas
� 9� Q,� �
�TAT� O� TEXAS � QF Z�� . :
'% LIEj��� �. • • ,``R\
�`' �����l�Q�����`����
COLTNT'Y O�' TAR1tANT ����y�!!lt�flil11��1
B��'OR� M�, the und�signed authority, a Notaty Public in and for the 5tate of Tegas, on this day
persanally appeared '�%� (�_� , known to me to be the person whose name is suhscribad to
the foregoing instrument, and acknowledged to me that khe same was th� act of the City oi ForE Worth and that b.e
executed the same as the act of the City of Fort Worth for the purposes and consideration therain expressed and an t]�,e
capacity therein sfiated.
GIVEN t.JNDEIZ MY HAND AND SEAL OF OFFICB thi�ay of �� .���
♦
otary Pub�ic in and for the Stat�a€Texas
..xr.�
.,_...:..:.£�'.�.��_i i �_. d:o-. .�. r
; - F�fli'Yl� L.AN� �.
A
:';� o Notary Public, Si�te oi Texas =�
1,��,� iUly Cammission F�irr�s �,�r
';�s�aah'' July 2�, ��09� �•r
'.-.+ F.R.i .� L� i I�Jr,I d�CR�:Y.:33�-.��
Pagc G of 6
��RT I���iHl i�EACH�f�Y IidiEFiNATI�i�4L �e[#t�OR�
io������ a�s
Unit �imensions: 41' wide by 32'4" deep, 20'4" wide in the narrow area.
A10T T� ��A�E
��W���� �
�'��T�oRT�
g I s a � � .a 1
�
1R 9 $ 3 � 6 �
. �
UP�I� NARdY�
1 ROB RlJTLEDG�
2 SCOTT TANK�RSLEY
3 DAN MORTON
4 CLAS5IC AERO
� JOHN GOUGH
6 DR. MARK HAMMONDS
7 FRED RIGGS �
8 RONALD R. CASEY
9 . RHON ROMMER
AMERiTECH MOBIL,E MEDICAL
SYSTEMS, LLC
1 q ROD LAWRENCE
A ROB RUTLEDG�
161 S�X$9.22
B ROD LAWR�NCE
129 SF X $�.22
i�lOWibLY
274.00
270.00
z7o.oa
a7o.oa
27�.00
z7a.oa
270.00
270.�d
2�a.00
270.00
16,37 per month
13, 9 2 per month
�
HGR24S -�xhibik A for the Leases 119103
�`ity of Fort b�o��h, �''exas
��y�� r��d ��+�.�r�c;� �������c�t�c�r�
D.4TE RE�ERENCE NIJMBER LOG NAME PAGE
314103 **Lo� ��� 3 55CLAS5IC 1 of 1
suBJ�c`r LEASE AGREEMENT WITH GLASSI� A�F��, FOR T-HANGAR UNIT 245-4 AT FORT
WORTH MEACHAM INTERNATIONAL AIRPORT
REC�MMENDATION:
It is recommen�ed that the City Council authorize the City Manager to execute a T-Hangar Lease
Agre�ment witf� Classic Aero for T-Hangar Unit 24S-4 at Fart Vllorth Meacham International Airport.
DISCUSSION:
The Aviation Department received a request from Mr. J.J. Janovetz, Presid�nt of Classic Aera, ta lease
T-Hangar Llnit 24S-4 a# a rate of $270 per month in accordance with the 5chedule of Rates and
Charges, The rent will be adjusted annually on October �st in accordance with the rate in effect at that
tim�.
The term of the agreement will begin on the dafe af execution and expire on September 30, 2003. The
agreement will automatically renew annually unless either party notifies #he ather 30 days in advance of
th� expiration of its intent ta cancel the agreement. A!I terms and conditions will fol�ow standard City
and Aviation Department policies.
Total revenue receiued from this Eease will be $270 per month, or $3,240 per year. Based on an
assumed start date of March 1, 2003, the revenue that will be receiued under this lease far the
remainder o� the fiscal year i� $1,890.
The property is located in COUNCiL DISTRICT 2.
FISCAL INFORMATIONICERTIFICATION:
The Finance Director certifies that the Revenue Office ofi the Finanee D�partment will be responsible far
the coClection and depasit af funds due to the City under this lease.
fuLAi
8uhmitted for City Manager's
ofr� by:
Marc Ott
Origin�iing Department Head:
Bridgette Garrett (Aeting)
Additional Informatian Contact:
I FU1�D I ACCOUI�IT I CENTER
� (tO)
I PE40 4913'[2 0552001
8476 I
5443
(�rom)
I AMOUNT
$1,890.00
CITY 5ECRETARY
APPROVEI� 314/03
Luis E. ElguezabaE 5�t01