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HomeMy WebLinkAboutContract 27118CITY ����t�YAFiY �ON�"RACT N� . f FORT WORTH IVIEACHAM INTERNATIONAL AIRPORT T-HAliTGAR LEASE AGREEMENT ---- (,TERiVI}-- - This T-HANGAR LEASE AGREEMENT ("Lease") is made and entered into by and between the CITY OF FORT WORTH ("Lessor"}, a home rule municipal carparation situated in Tarrant Co�.�nty, Texas, acting by and through Mike Groomer, its duly authorized Assistant City Manager, and JOHN GOUGH ("Lessee"), an individual. Tn consideration of tlae mutual covenants, prornrses and obligations contained h.erein, Lessor and Lessee agree as �ollaws: 1. PROPERTY LEA5ED. Lessor demises and leases to Lessee the following reai property (hereinafter referred to as "Premises"} at Fart Worth Meacham International Airport ("A,irport") in Fort Worth, Tarrant County, Texas: 1.1. T-Hangar 245-5, as shown in Exhibit "A", attached bereto and hereby made a part of this Lease for al.l putposes. 2. TERM OF LEASE. 2.1. Initial Terrn and Renewal Terms. The Tnitial Term of this Lease shall cor�rnence on the date of its executxon ("Ef�ective Date") and expu'e at 11.59 P.M. on Septenriber 3Q, 2001. Unless terminated in accardance wifh th� provisions of this Lease, this Lease automatically shall renew for successive Renewal Terms of one year each, cozx�mencing at 12:00 A.M. on October 1 st of each year and expiring at 11:59 P.M. fihe �ollovving Sep�ember 30th; pravided, however, that the rental rates for each Renewal Term shall be adjusted to comply with the rates prescribed for the Premises by Lessar's publishad Schedule aF Rates axz.d Charges in effect a� the same tim�. �.�. Holdover. Tf Lessee holds over after tl�e e�piration of the term of this Lease, t�is action will crea�e a month-fia-rnonth tenancy. In this event, Lessee agrees ta pay the rental amount set for the Premises by the Schedule of Rates and Charges in e�'�eci during the applicable holdover period. Any rnanth-to-month tenancy shall �e subject to all other terms and conditions of this Lease. � " �i��OC�Uad ���u�� C�� ��:����� I�i�. " � t����� ��� �� _ �,� 3. RENT. 3.1. Rent Durin� Initial Terin, Lessee hereby pramises and agrees to pay Lessor as monthly rent for the Premises the sum of Two Hundred Fifty Dallars {$250.00). 'I'h.e xental rates under this Lease are based on Lessar's Schedule of Rates and Cb.arges in effect as of the Eifective Date of this Lease. On th� Effective Date of this Lease, Lessee shall pay the first and Iast months' �rent in advance. �n the event that this Lease commences on a day other tl�an the first (lsi) day of any giv�n rnonth, the fiurst month's rental payrnent shall be prorated in accordance with the numbex o� days remaining in that month. 3.� Rent Durin� Renewal Terms. Rental rates £ar each Renewal Term shall comply with fhe rates prescribed for the Premises by Lessor's pub�ished Schedule of Rates and Charges in effect at the sarne tim�. 3.3. Pavment Dates and Laie Fees. Monthly rental payments are du� Qn or before �he first (lst} day of each zz�onth. Payments must be received during normal working hours by the due dat� at the location for Lessor set forth in Sectian 15. Rent shall be consid�red past due if Lessor has noi received fiill payment after the (IOth} day of ih� month far which pay�nent is due. Lessor will assess a Iate penalty charge of ten percent {10%) per month on top of the entire month's rent foz' each manth in whicln rent is past due. 4. MAINTENANCE AND REPAIRS. Less�e agrees ta keep and maintain the Premises ir� a gaod, clean and sanitary condition at all times. Lessee, at its owra expense, shall arrange for the sanitary tz'ansport and permanent ciisposal away from the Airport of all of Lessee's trash, g�rbage and refuse, Lessee cov�nants and agrees that it will nat make or suffer any v�aste oi �he Premises. Lessee will not pile or store boxes, cartans, barrels or other simailar it�ms in a manner ihat is unsa£e ar unsighily. Lessee shall be responsible for all damages caused by the negligence or misconduct af Lessee, its agents, servants, employees, contractors, subcontracfor�, licensees ar invitees, and Lessee' agrees to fully repair or otherwise cure al1 such darnages at Lessee's sole cost and expense. �. CONSTRUCTION AND YMPROVEMENT�,. Lessee shall not undertake or allow any party to undertake any kind of alterafioz�, erection, irr�provement flr oth�r consiruction wark. on or ta the Premises unless it first re+�uests and receives in writing approval from the Director o�' Airport Systems or autharized represenfative. All such approved con�stnzction work on and improvements io the Premises shall fully cornpiy witl� the Americans with Disabilities Act of 1990, as amended. E 6. INSPEC"TrON Ai�ID ACCEPTANCE OF PREMISES. 6.1. �1�spection5. Lessor, through its officers, agents, servants ox employees, reserves the right to entar the Premises at any time in order #o perform any and aIi duties or obligations wluch Lessor is authorized or required to do under the terms of this Lease or to perform its governmental duties under federal, state or 1oca1 nzles, regulations at�d. Iaws (including, but not Iimiied to, inspections under applicahle Health, Mechanical, Building, Electrical, Plumbing atid Fire Codes or other health, saf�ty and general walfare regulations}. Lessee shall provide Lessor's Director of Aixpart Systems or authorized representa�ive ,uvith a key or comhination io any locking systems �hat Lessee places on any doors on the Premises. Lessor shall provide Lessee with adv'ance notice of inspeetion when reasonabl� under the ci�curnsfances. Lesse� will permit tihe Fi�e Marshall of the City of Fort Warth or his agents to make inspection of tkxe Pr�mises at any time, and Lessee will comply wifih alI recomm�ndatiflns z�nade to Lessee by the Fzre Marshal or his agents to bring the Premises into carz�plian.ce witk� the City of Fort Worth Fire Code and Building Code provisions regarding fire safety, as such provisinns exist ar may hereafter be amended. Lessee shall maintain in a proper candition accessible fire extinguishers of a number and typa approved by fire underwriters for tlae partacular hazard involved. � d.2. Environmental Remediation. To th� best of Lessor's kn.owledge, the Premises comply with all applicable federal, state or local en�ironmental regulations ar standards: Lessee agrees that it has inspected the Premises and is fully advised of its own rights without reliarice upon any representation made by Lessor concerning the environmental condition of the Prem.ises, Lessee, at its sole cost and expense, agrees that it shall be fiilly responsible for the remediation of any violatian of any app�icable federal, state or local government environmental regulations nx standards that is caused by Lessee, its officers, agents, servants, employees, coniractors, subcontractars or invitees. �.3. Acceptance In �ddition to Section 6.2, Lessee represents to Lessor that Lessee has iur�spected the Premises and is fully advised of its ow�n rights withou� reliance upan any representation made by Lessor concemi�ng the condition of the Prernises. Lessee accepts the Premises in their present condition as satisfactory far all puiposes set fQrth in this Lease. �'. P�NG. All motor vehicles at the Airport must be parked in areas designated as znotor vehicle parking areas. �3 $. USE OF PRE�'IISES. Lessee shall use the Premises exclusively for the storag� of aircraft. Lessee's use of the Premises for aa�y other putpose shall canstitute a rnaterial breach of this Lease. 9. RIGHTS AND RESERVATIONS OF LESSOR. Lessor hereby retains the failowin� rights and reservaiions: 91. All fixtures and items permanently attached to any structure on the Premises belong ta Lessor, and any additions ar alterations mad� thereon shall imrn�diat�;ly become the property of Lessor. 9.�. Lessor xeserves the right to close temporarily the A.irport or any oi its facilities for nra.aintenance, improveme�ts, safety ar security of either th� Aiiport or the public, or far any other caus� deerned necessary by Lessor. Tn this event, Lessor sha11 in no way ba liable fox any daFnages asserted by Lessee, including, but not limited ta, damages from an alleged disruption of Lessee's business operatians. 9.3. This Lease shall be subordinate to the provisians of any existing vr future agreernent bekween Lessor and the Uzuted States Governnnent vvhich relates to the operation ar maintenance of the Airport and is required as a condit�an %r the expenditure of federal funds for the development, maintenance ar repair of Airport infrastruclure. 9.4. Di�ring any war ar national emergency, Lessar sha11 haue the righi to lease any part of the Airport, inciuding its landing area, to the U�iied 5tates GQvernmen#. In this event, any provisions af this instrument which arc inconsistent v�rith the provisions nf the lease to the Governmen.t shall be suspended. Lessar shall not be Iiable �ar any loss ar damages alleged by Lessee as a result of this action. However, nothin� in fhis Lease shall prevani Lessee from pursuing any rights it may have for reimbursement from the Llnited States Government. 9.� Lessee's rights hereunder shall b� subject to a11 existing and future utility easements and rights-of way granted by Lessor for the insiallation, mazntenance, inspection, repair or remaval of facilities owned by operated by electric, gas, water, sewer, communication or other utility companies. Lessee's rights shall addinonally be subject to all rights granted by all vrdinances or statutes whick� allaw such utility companies to usa publicly-o�rned property for the pravision of utility services. 9.6. Lessor covenants and agrees that during the ternn of this Lease it will operate az�.d rn.aintain the Airport and its facilities as a public airport consisten� with and pursuant io the Sponsor's Assurances given by Lessor to the United States Government through the Federal Airport Act; and Lsssee agrees that this Lease and Lessee's rights and privileges hereunder shall be subordinat� to the Sponsar's Assurances. 4 10. INSURANCE. Lessee shall procure and maintain at all times, in full force and effect, a policy or policies of insurance as speci�ied herein, naming the City af Fort Worth as an additional insurcd and eovering all public risks related ta the leasing, use, accupancy, maintenance, existenc� ar Iocaiion of the Premises. Lessee shall obtain an Aircraft Liability insurance policy with covezage at the following limits: • Bodily Tnjury and Property Damage: $ l Op,00p per person; $300,000 per occurrence. Ins�rance coverage liuuts may b� revised upward at Lessar's option, and Lessee will accardingly increase such amounts within thirty (30} days follawing notice io Lessee af such requirement. The policy or policies of insurance sl�all be endorsed to provide that no material changes in cov erage, i.ncluding, but not limited to, cancellatian, termination, non-renewa� or amendment, shall be made withaut ihirty (30) days' prior written notice to Lessor. Lessee shall maintain its insurance with underwriters authorized to da business in the State of Texas and which az�e satisfactory to Lessor. As a candition precedent ta the effectiveness ai this Lease, L�ssee shall furnish Lessar with a certificate of insurance sigrzed by the underwriter as proof that it has obtained the types and amounts of insurance covera�e required herein, In addition at any time I.essee shal�, on demand, pravide Lessor with evidence that it has maintainad such coverage in full force and effect. 11. ZNDEPENDENT CONTRACTOR. Tt is expressly uzzderstood and agreed that L�ssee shall operate as an independent contractor as to all rights and pri�ileges granted herein, and not as an agent, representative or employee of Lessor. Lessee shall have the exclusive right to control the details af its operations and activities an the Premises and shall be salely responsible for the acts and omissions of its officers, agez�ts, servants, employees, contiractors, subcontractors, patrons, licensees and invitees. Lessee acknawledges ihat the doctrine o� respondeat supeYior shall noi apply as between Lessor and Lessee, its of�Zcers, agents, employees, contractors and subconk�ractors. I�essee £urther agrees that nothing herein shall be construed as the creation of a partnership or�oint enterprise befween Lessor and Lessee. 12. INDEMNIFICATION. LESSEE HEREBY ASSUMES ALL LIABILI7'Y AND RESPONSIBILITY FOR PROPERTY LOSS, PROPERTY DAMAGE AND/OR PERSONAL I�1�JURY OF A1VY KIND, INCLUDIIVG DEATH, TO ANY AND ALL PERSONS, OF ANY KI1VD OR CHARACTER, �i WHETHER REAL OR ASSERTED, ARI�SIIYG O UT OF OR I1Y CONNECTION WI'�'H THE USE OF ThTE AIRP�RT UNDER THIS LEASE OR WITH THE LEASING, MAINTENANCE, USE, OCCUPANCY, �XISTENCE OR LOCATION OF THE PREMISES, EXCEPT TO THE EXTENT CAtTSE.D BY THE 11�EGLIGENT ACTS OR OMISSIONS OR INTENTIONAL MISCOND UCT OF LESSOR. LESSE� CDVENAN7'S AND AGREES TO, AND DOES HEREBY, IIYDEMN.IFY, HOLD HARMLESS A11'D DEFEND LESSOR, ITS OFFICERS, AGENTS, SERYA�YT'S A1VD EMPLOYEES, FROM AND AGAINST A1VY AND ALL CLAI'MS OR LAWSUITS FOR EITH�R FROPERTY DAMAGE OR LOSS (INCLUDING ALL�GED DAMAGE OR LOSS TO LESSEE'S $US.�NESS AND ANY RESrIZTING LOST PIZOFlTSj AND/OR PERSONAL INJURY, INCLUDINC DEA�'H, T4 ANY AND ALL PERSONS, OF A.1VY gI1VD OR CHARACTE�, WHETHE'R REAL Ol� ASSERTED, ARISING OUT OF OR .�N CONNECTIOIV WITH THE USE QF THE AIRPOR �' UIVDER THIS LEASE OR WITH THE LEASING, MAINTENANCE, ilSE, OCCUPAII�CY, EXISTENCE OR LQCATION OF THE PREIVIISES, EXCEPT TO THE EXTEIVT CAUSED BY THE NEGLIGENT ACTS OR OMI�SIONS OR INTENTIDNAL MISCOND UC�' OF LESS4R. LESSEE ASSUII�ES ALL RESP4NSIBIL�TY AND AGREES TQ PAY LESSOR FOR ANY AND .ALL INJURY OR DAMAG� TO LESSOR'S PROPERTY WHICH ARISES OUT OF QR IN CO�VNECTI�N WI�'H ANY AND ALL A CTS OR OMISSIONS OF LES`SEE, 1'TS OFFICERS, AGEIVTS, EMPLDYEES, CONT"RACTO.RS, SUBC4NTRACTORS, LICENSEES, .INVITEES, PATR4IYS OR TRESPASSERS, EXCEPT" TO THE EXTENT CAUSED BY THE NEG�IGENT ACTS OR OMISSI4NS OR INTENTIONAL MISCONDUCT OF LESSOR. LESSOR I?OES NOT GUARANTEE POLICE PROT�C?TO1V TO LESSEE OR ITS PROPERTY. LESSOR SHALL NOT BE RESPONSIBLE FOR IIVJURY TO ANY PERSON ON THE PRENIISES O� FOR HARM TO ANY PR�PERTY WHICH BELONGS TO LESSEE, 1'TS DFF,�CERS, AGENTS, SERVAIVTS, EMPLQYEES, CO1V�'RACT'ORS, SU.BCONTRACTORS, LICENSEES, INVITEES OR PATRONS, .AND WHICH MAY BE S�"OLEN, DESTROYED OR IN ANY WAY DAMACED; AND LESSEE HEREBY INDE`MNrFlES AND HOLDS HARMLESS LESSOR, ITS OFFICERS, AGENTS, SERVA�VTS AND E11�PL�YEES FROM AND AGAINST ANY AND ALL SUCH CLA.IMS, EXCEPT TO THE EXTENT CAUSED BY THE IYEGLIGENT ACTS OR OMISSIONS OR INT'�'NTIONAL MISCOND U�'7' OF LESSOR. 13. WANER OF CHARITABLE IMMUNITY OR EXEMPTIDN. If Lessee, as a charitable association, corpora�ion, partnership, individual enterprise or entity, claims ixnmunity to ar an exemption frorn liability t'or any kind af praperty dannage or person.al damage, injury or dea�h, Lessee hereby expressly waives its rights to pl�ad defensively any such irnmunity or ex�mption as against Lessar. � 14. TERIVIINATION. In addition to any terminaYion rights pravidsd her�:in, this Lease may be terminated as follows: 14.1. Bv Either Partv. Lessar or Lessee may terminate this Lease for az�y reason, to be effe�ctive on the expiration date of the term in effect at ihe tirne, by providing the other party with written notice not less than thirty {34) days prior to the effectiv� date of such termination. 14.�. Failure io Pav Rent. �£Lessee fails to pay rent for �e Premises in accordanc�; with Section 3, Lessor shall provide Lessee vaith a written statement of the amaunt due. Lessee shall have ten {10) calendar days following notice to pay the balance outstanding. If Lessee fails to pay the full amoun# within such time, Lessor shall have the right to terminate this Lease immediately. 14.3. Breach or Default bv Lessee. If Lessee conunits any breach or default under this Lease, other than a failure to pay rent, Lessee shall delzver to Lessee a written notice specifym.g the nature of such breach ar de£ault. Lessee shall have tYtirty (3�) calendar days following natice to cure, adjust or correct tk�e probl�m to the satisfaction of Lessor. I� Lessee fails to cure the breach, default or failure within the time period prescribed, Lessor shall have the ri,�ht to ter3ninate this Lease imm�diately. 14.4. Ri�hts of Lessor Upon Termination ar Ex�iratio�. Upvn the termination or expiration of this Lease, aIl rights, powers and privileges granted to Lessee hereunder shall crease and Lessee sha11 irnmediately vacate the 1'remises. LesseE agrees that it will return the Premises and all appurtenanc�s and improvements thereon �in good order and repaar and in the sama condition as existed at tl�e time this Leasa was entered into, subj ect to ordinary wear and tear. Lessar shall haue the i�nrxed'zate right to take full possessi.pn o� the Premises, by force if necessary, a�nd ta remove any and all parties remaining on any part of the Premises withou# fiarther legal process and without being liable for trespass or a�y othar elaim. Lessar shall also ha�e the right to remave any and all fixtures or equipment that may be found vvithi.zy or upan the Premises without being liahle therefor. Lessee agrees that it will assert no claim of axry kind against Lessar, its agents, searvants, employees or representatives which may stem from Lessor's termination of the Lease or any act i.ncident to Lessor's assertion af its righi to terminate. 7 1�. NOTICES. Notices required pursuant to the provisions of this Lease sha11 be conclusively determined to have been delivered when (1) hand-delivered to the other party, its agents, employees, servan#s or representatives, or (2) deposited in the United States Maii, postage pre�aid, adclressed as follows: Ta LESSOR: For Rent: CITY OF FORT WORTH REVEN UE OFFICE 1Q00 THROCKMORTON STREET FORT WORTH TX 75102-6312 For All Otber Matters: � DEPARTMENT OF AVIATION MEACI�AM INTERNATIONAL AiRPORT 42Q1 NORTH MAIN STREET - SUITE 200 FORT WORTH TX 7b146-27�49 To LE�SEE: 70HN GOUGH 47d0 L�KESIDE DRIVE COLLEYVILLE, TEXAS 76D34 16. ASSZGN�i'IENT. Lessee shall n.ot assign, sell, convey, sub�et ar transfer any of its rights, pri�vileges, duties or interests granted by this Lease without the advance rvritten consent of Lessor. Any attempted assignment witho�t prior written consent by Lessor shall be null and void. Tf Lessar consents to any assignment, all ten�ns, covenants and agreements set farth in this Lease shail apply ta the assignee, and said assignee shal� be boun.d by the terms and conditions of this Lease the sarne a� if it had origi.natly been a party �o it. li. LIENS BY LESSEE. Lessee acknowledges that it has no authority to engage zn any act or to rnake any contract which may creaie or be the foundation for any Iien upon the property or interest in the properiy of Lessar. If any such purported lien is crea#ed ox fi1ed, Lessee, at its sole cost and expense, shall liquidate and discharge the sarne within thirly (30) days of such creation or filing. Lessee's failure to discharg� any such purported lien shall constitute a breach of tlus Lease and Lessor rr�ay terminate this Leas� im�nediately. However, Lessee's �"mancial obligation to Lessor to liquidate and discharge such lien shall continue in effect following termi�tlation of this Lease and until such a time as the lien is discharged. � 18. TAXES AND ASSESSMENTS. Lessee agrees to pay any and all federal, state or lacal taxes or assessznents wlvch znay lawfully be le�vied against Lessee due to Lessee's use or oecupancy of the Premises or any improvemenis or property placed on the Prernises by Lessee as a resuf� of its occupancy. 19. COIi'�PLIAIitCE WrTH LAWS, ORDINANCES, RULES AND REGULATIONS. Lessee cvvenants arid agrees that it sha.11 not engage in any unlawful use af the Premises. Lessee further agrees that it sk�all not permit its officers, agents, servants, employees, contrac�ors, subcontractors, patrons, licensees or invitees to engage in any unlawful use af 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 c�nstitute ar� immediate breach of this Lease. Lessee agrees to camply with all federal, state and local laws; al1 ordinances, rules and regulatians of City� vf Fort Worth and the City of Fort Worth Police, Fire and Health Departments; all rules and regulations established by �he Director of Airport Systems and author�zed designee; and a11 rules and regulations adapted by the City Council pertaining to the conduct required at aixports awned and operated by the City, as such laws, ordinances, rules and r�gulations exist or may hereafter be arnended or adoptec�. If Lessor notifies Lessee or any of its officers, agents, employees, contractors, subcontractoxs, Iicensees or invitees of any �iolatian of such Iaws, ordinances, z�ules or regulations, Lessee shall immediately desist fram and cozrect the violation. �0. NONwDISCRINIINATION COVEI�I.ANT. Lessee, for itse�f, its personal representatives, successars in interest and assigns, as part of fhe consideraiion herein, agrees as a covenant ruruiing with the land that no person shall be excluded frozn paxticipation in or denied the benefits af Lessee's use of the prernises an �he basis o�' race, colar, national origin, religion, handicap, sex, sexual orientation ar familial status. Lessee fiu�ther agrees for itself, its personal represeniatives, successors in interest and assigns that no person shall be excluded from the provision of any services on or in the co�nsiruction of any improvements or alterations to the premises an grounds of race, color, national origin, religion, handieap, sex, sexual arientation or familial status. Lessee agrees to fiunish its accornmodations and to price its gaods and services on a fair and equal basis to �11 persons. In addition, Lessee co�enants and a�rees that it will at all times corrnply wifh any requi�ements impased by or p�arsuant to Trtle 49 of the Code of Federal Regulations, Part 21, Nan-Discrimination in Federally Assisted Programs af the Department of Transportation and with any arnendments to ttus regulation which may hereafter be enacted. If a�y ctuim arises from ara alleged violation nf this �ran�discrimination covenaf�t by Lessee, its personad representatives, successors in interest or as�igns, Lessee agrees to indemnify Lessor and hold Lessor har�mless.- � 21. GOVERI�IMENT.AL POWERS, It is understood and agreed that by execution of this Lease, City of Fort Worth does not waive or surrender any of its gavernmental pow�rs. 2�. NO WAIVER. The failure of Lessar to insist upon the performance of any term or provision of this Lease or to exercise any right granted herein shall not c4nstitute a waiver of Lessar's right ta insist upon appropriate perfarmance or to assert any such rigt�t on any future occasian. 23. VENUE AND JURISDICTION. Shouid a�y action, whether real or asserted, at law or in equity, arise out of the te�rrns of this Lease or by Lessee's operatiQns 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 oi Texas, Fort Worth Division. This Lease shall be construed i.n accordance with the laws of the State of Texas. 24. ATTORNEYS' FEE�. , In any actzon braught by Lessor or Lessee for the enforcement of the ob�igatians of the other party to this Lease, the prevailing party shall b� eniit�ed to recaver interest and reasonable attarneys' fees. 25. SEVERABILITY. If any provision of this Lease shall be held to be invalid, illegal pr unen%rceable, the validity, I�gality and enforceability of the remaining provisions shall no� in any way be affected vr ixnpaired. 26. F�RCE 1VIAJEURE. Lessor and Lessee shall exercis� evEry reasonable effort to meet their respective obligations as set forth in this Lease, but shall not be he�d liable %r any delay in ar omission of performance due to force majeure or other causes beyond their reasonable control, including, but not lirnited to, cornpliance with any govemment 1aw, ordinance ar regulation, acts of Gad, acts af omission, �ires, strikes, lockouts, national disasters, wars, riots, maierial or labor restrictians by any governmental authority, transportation prohlems and/or any other cause beyond t,�ie reasonable control of the parti�s. io STATE OF TEXAS § COUNTY OF TARR.ANT BEFORE ME, the undarsigned authority, a Notary Public in and for the State af Texas, on this day personally appeared John Gough, knaysm to rne to be the person whose narne is subscribed to the for�going instrument, and acknowledged to me that �he sa.me was his act and that he executed the sarne as his act for th� putpases and consideraiion therein expressed and in the capacity therein stated. � GNEN UNDER MY HAND AND SEAL OF OFFICE this �day of �r�v� � , �o��. -�_..�,__..._- _.-, ..,.. �� I�Yt�,� �y�+�n�,l 1 �s��ai6�sa L ��� � � �6! I�F �ii7� — I ro�.• : ' t NotatY Public, State oi%x�s Notary Public in and for the State af Texas ; '; i�b� My Cnmmission Explres ' '"`>u: �� � July 28, �003 ' � .._.. . .,. - -- — STATE OF TEXAS § COUNTY QF TARRANT BEFORE ME, the undersigned authority, a Notaty Public in and for the State af Texas, on this day personally appeared Mike Groomer, known to me to be the person whose nazne is subscribed to the foregning inst�rument, and acknowledg�d to me that the same was the act of the City of Fo� Wo�rth and ihat he executed the same as the act of the City of Fort Worth for the puiposes and consideration therein expressed and in th� capaciry therein stated. GNEN UNDER MY HAND AND SEAL OF OFFICE this ��day of �y�.t�.e�. , �Zdd . i�Y AV �pSELLA BARN�S ��'�� � �� z° �'�, NOtARY PiJBLIC Notary Public in axtid for the State of Texas ����y State of 7exas ���� Comm. Exp. a3-31-2006 M����MN�� a -, ,..�oe�-..�i,.��,. �a���� ,�,� � � C:�N[NNT�PxoEilea\ldneh\P9C90rtd1�AVIATIUN�LEa3y agreemenee\J hn eough, T-Hangar 7A5, qnit 5, 5-71-91.doc �0�� 1dVORiH �V�r4CbAlIdY IF�iERR�AiiON�L �IRPORT' ��r������ a�s Unit �imensions: 41' wide by 32'4" deep, 20'4" wide in the narrow area �XHl�ii ,A ���T ��RT� NDT T�3 �:C�1l.� � 5 � k 3 � .Z 1 _ 10 9 8 7 � � 6 � A LJ [1N[T NAME 1 �arr�n Rhea, President 2 Scott 7ankersley 3 Dan Morton 4 Terry Fricks 5 John Gaugh 6 Dr. Mark Hammonds i Fred Riggs 8 Randy Gil{ar 9 Ron Roener 14 Phillip Esparza Performance Magnetas, Inc. A B Phillip Esparza Per�ormance Magnetos, Inc. 129 SF x 1.'i6 HGR245 -�xhibit A for the Leases 713010� iirl O NT H LY ��o.aa � �5a.ao 250.OQ 250.Q0 250.OD 250,00 250.00 25Q.00 ��a.oa -2�a.aa 12.47 per month � ���� �`rt� v f �'���t �c�r���r, ��x�x� ����� ���1 �����i� ������������ Di�TE F�t��I��hIC�tVk1ML'3��� LOC�f�EAM£ P�Q�� 8���f�� **�-�3�,�� S���U�H 'I �f i s��,FE�� l.�A�� A�F�EEf�i�NT W1T�1 JO�i�f �O�l1�H ��R 7-WA��A1� L1NIT ��4�-� AT ME��HA�+1 GNT�I��JATI�C��L �IF�P�RT F�E��N�M���ATI�E�: Il is �oc�mmc�n��d lP�at tha �ily �ou����l ��f��r��e lt�e �ik� �ar�ager to execut� a T-H�ngar �ea�� l��reemeni vuitM Joh� �ou�h for �-H�ngar Un€t �4�-a a� Me�ch�m Int�rr�allanal �11rp�rt. �I��l.i��l�hJ; J�hn C�u�k7, an �r�dividual, r�t�t�ests to I��,se 'I"�F��r�ga� �r1il 2��-� at �1ea�har� I�#e�na�iar�al 1lirport ak a rai� of ��SQ �er montl�, in a��ordan�� vviih t�e �cl�edule of F��tes �n� �Y�aeg�s, �f'�e r�n� will be a�J�st�d a�nuaEly an ��tob�� � si� in ac�ordae��e wil� ifi�� r�le ir� �i���ci at �hat firrae. Thl� lease wlil b�gir� on the ���e o# �xecu�ian and e�xpirs an ��pt�m�rer 30, ��41. Th� I�a�e wi�l �ukor�a�Ec�lly r��aw for an a�l�ll�ion�l y�ar un��ss eitl-�er par#�+ noliii�s #h� o#E�ee �� �ay�� ir� adv��c� �f the ��cpiratio�� of its rr�tent �o caa�c�l !h� lease, P�II ��rrn� and �vrtdik��ns wlll fo�Eaw stand�r� �i��r and AvEati�n b�partrn�r�t �olkc3es. R��er��� r�ceiv�d firom tY�i� I���e +nril! be ���� pef r��nlh, �r ��,�4� per yaar. Th� p����c��d rev�nue �or lhe �emainder of th� fis�al �raar is $7��. T�e p�op�rly �s lo��t�� In ��Uf��IL bI�TF���T 2. F1���1L 1�1��RiV1�1TIQf���EF�TI�I�A7f�i�: Tfne �ir�a��c� Dir�ctor ��rtlf��s that tFre Reven�e prvls�on of the Finar��� Depar�ment wiRl �c� r����nsk�l� far the c�lle�tior� ar�d cl��osit o� funds c#u� #o th� �it}€ �nder t�i� I�ase. �+1G ; � S��I>rr�ill��[I ior fiity l��uasagt�r'� Qf�lrc Ly: r�f��� ����m�f OrM�iu�lln��epariose�� Ilcad: I.i�a A, Pyl�s Aaltlkiunol �nformwFi�� Coi�[�icf: LuEs Elguel.o4sb! f'U �Y 11 (�a) ���o c;ian �asx� (fr�m� 1 ���}� ` ACCOLif�T I C�NT�;i� I AI�9UL�hiT ���a�� ����ao� �a,a�a_oo {'E'I'Y Sl;('I�I;'I'AC#Y �f'E'F�C�.V�D ��TY ������IL hU[i �� �U�1 ��� �'����,,._� �I}� R�arat�Cy 4t Iho �;ES X +M� ��6: C `ir�a7�iik� ���`X'7