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HomeMy WebLinkAboutContract 27119�IYY ��CRETi4t�Y�'/�I j�'� ��N'��A�Y � . ---- �� FORT WORTH 1ViEACHAM �NTERIVATIOI�TAL AIRPORT T-HAI�GAR LEASE AGREE�IENT - -- - -- �TERl� _. _— This T�HANGAR LEASE AGREEMEI�TT ("Lease") is rnade and entered ir�to by and between the CITY OF FORT WORTH ("Lessor"), a home nzle m�znicipal corporation situated in Tarrant County, Texas, acting by and fhrough Mike Groomer, its duly authorized Assistan� City Manager, and FRED RTGGS ("Lessee"), an individual. � In consideration of the mutual covenants, promises and obligation� contained herein, Lessor and Lessee agree as follows. 1. PROPERTY LEASED. Lessor den�ses and leases to L�ssee the following real property (lnereinafter r�f�rred to as "Premises"} at Fort Worth Meacham Tnternatianal Airport ("Airport") in Fort Worth, Tarrant County, Texas: 1.1. T-Hangax 245-7, as shown in Exhibit "A", attached hereto and hereby made a part of this Lease for all purposes. �. TERM �F LEASE. 3�.L Initial Term and Renewal Terms. The Initial Term of this Lease shall � comrnence on the date of its execution {"Effective Date") and expire a� 11.59 P.M. on �eptember 30, 200L Unless iernuna�ed in accordance with the pro�visions of this Lease, this Lease automatically shall renew for successive Renewal Terms of ane year each, commencing at 12:Qp A.M. on October 1 st of each year and expiring at 1 J.:59 P.M. the following Septemher 30th; provided, however, that the rental rates for each Renewal Te;rm shall be adjusted to comply with the rates prescribed for the Pxerr�ses by Lessor's published Schedule af Rates and Chargcs in effect at the same time. 2.2. Holdover. If Lessee holds over after the expu'ation of the tarm of this Lease, this action will create a month-to-month tenancy. In this event, Lessee agrees to pay the rental amount set far the Premises by the Sehedule of Rates and Chat'ges in effect during the applicable holdover period, Any rnonth-to-month tenancy shali be subj ect to all other terms and conditians of this Lease. . � ��� .. �u�l� �6�' ���'����1�1��� � � ��,�; ��. �� . �. , . _ _ __.� _.. 3. RE1�TT. 3,L Rent During Initial Term. Lessee hereby promises and agrees to pay Lessar as rnonthly rent for the �remises the sum af Two Hundred Fifty Dollars ($250.00). The ren#al rates under this Lease are based on Lessor's Schedule of Rafies and Charges in effect as af the Effective Date a� this Lease. On the Effective Date of t�is Lease, Lessee s1aa11 pay the first and last months' rent in advance. In �he event that this Lease cammencas on a day other than the first (1st) day of any given month, the first manth's rental payment shall b� prorated in accordance vvith the number of days remaining in that month. 3.� Ren# Du�ri�ng Renewal Terms. R�ntai rates for each Renewal Term shall comply with the rates pxescrib�d for the Premises by Lessor's published Schedule of Rates and Ch�rges in effect at ihe same time. 3.3. Pavment Dates and Late Fees. Monthly rental payments are due on or be%re the first {lst} day of each month. Payments must be received during normal warking hours by the due date ai tl�e Iocation far Lessor set farth in Section 15. Rent shali be considered past due if Lessor has not xeceived fiill payment after #he (lOth) day of the month far which payment is due. L�ssar will assess a Iate penalty charge of ten percent {10%) per manth on top o£ the entire month's rent for each month in which rent is past due. 4. M�II�ITENANCE AN'D REPAIRS. Lessee agrees to keep and maintain the Pre�nises in a good, clean and sanitary condition at all times. Lessce, at its own expense, shall arrange for the sanitary t�ransport and permanent disposal away from the Aitport of all of Lessee's irash, garbage and refuse. Lessee covenants and agrees that it will not make or suffer any waste of the Premises. L�ssee will not pile or store boxes, cartons, barrels or other si�mil.ar items in a manner that is ur�safe or unsightly. Lessee shall be respansible far aIl damages caused by the negligence or misconduct of Lessee, i,ts agents, servants, empZoyees, conf�actors, subcontractars, licensees or invitees, and Lessee agrees #o fully zepai� or ath�rwise cure ali such damages at Lessee's sole cost and expense. - �. CONSTRUCTION AND IMPROVEIVIENTS. Lessee shall nat undErtake or allow any party to undertake any kind of alteration, erection, impravement or other conshuction vvork on or to the Pz'emises unless it fixst zequests and recei�es in writing a�proval from the Director of .Airrport Systems ox authori.zed representative. All such approved coz�stnzction work on and ixnprovements to the Premises shall fully comply with ihe Americans with Disabilities Acf of 199�, as amended. 2 6. INSPECTIOlrI AND ACCEPTANCE OF PREIVIISES. 6.1. Insneciions. Lessor, through its of�icers, agents, seivants or employees, reserves the right to enter the Premises at any �ime in order to perfarrn any and all duiies or obligations which Lessor is authorized or required to do under the ter�ns of this Lease ox ta perform its go�ernmental duties under federal, state or local rules, regulations and laws {including, but not Iimited to, inspections under applicable Health, Mechanical, Building, Electrical, Plux�nbing and Fire Codes or other health, safety and general welfare regulations}. Lessee shall provide Lessor's Director of Airpart Systems ar autkorized repres�ntative with a key or combination to any locking systems that Lessee places on any doors on the Premises. Lessor shal� provide Lessee with advance notice of inspection when reasonable under the circumstances. Lessee will pernait the Fire Marshall af the City of Fort Worth. or his agents to make inspection a� the Premises at any time, and Lessee will comply with all recornmendations made to Lessee by the Fire Marshal or hi.s agents to bring the Premises inio campliance with the City of Fort Worth Fire Code and Building Code provisions rregarding fire safe�y, as such grovisions exist or rnay hereafter be amended. Lessee shall maintain in a proper condi#ion accessible fire extinguishers of a number and type approved by fire un.de;rwri�ers for the partieular hazard invol�ed. 6.�. Enviro�tmental Remediation. To the best of Lessor's knowledge, the Premises comply with all applicable federal, state or local environmental regulations or standards. Lessee agrees that it has inspected the Premises and is fiilly advised of its own rights vvithout reliance upon any representation made by Lessor concerrzing filie environmental candition of the Premises. Lessee, at its sole casfi and expense, agrees that it shall be fuily responsible for the remediatian of any viola#ion of any applicable federal, state or Iocal gavernment environmental regulations or standards that is caused by Less�e, its officers, agents, servan�s, employees, contractors, subcontractors or invitees. 6.3. Acceuta�ace In addition tfl Sectian 6.2, Lessee represents to Lessor that Lessee has inspected the Premises and is fully advised of its own rights without reliance upon any repz'esentation rnade by Lessor conceming the conditian o�ith� Premises. Lessee accepts the Prennises in their present condition as satisfactory for alt purposes set iarth in this Lease. 7. PARKII�IG. All m.ator vehicles at the Airpart must be parked in araas designated as motor vehicle parking areas. 3 $. U5E OF PREMISES. Lessee shall us� the Premises exclusively for #he storage of airc:raft. Lessee's use of the Premises for any other purpose shall constitute a material breach of this Lease. 9. RIG�iTS AND RESERVATIOliT5 OF LESSOR Lesst�r hereby retains the fallovving rights and reservations: 91. All fixtures and items permanently attached to any structure on the Premises belon� to Lessor, and any additions or alterations made there�n shall immadiately became the praperty of Lessor. 9.2. Lessar reserves the right ta clase temporarily the Aizpart or any of its facilities for maintenance, improvements, safety ar securify o£ either the Aitport or the public, a�' iar any othe:r cause deemed necessary by Lessor. Tn this event, Lessor shall in no way be liable for any damages asserted by Lessee, ineluding, but not limited to, darnag�s from an alleged disruption of Lessee's business operations. 9.3. This Lease shall be subordinate to the provisions of any existi�ng or iuture agreem�nt betu+een Lessor and tbe United Stafes Government which relates to the �peratian or maintenance of the Airport and is required as a condition £ar ihe �xpendit�ire of federal funds for the develaprn�nt, maintenance or repair of Airport infrast�ucture. 9.4. During any war or national emergency, Lessor shall have �e right to Iease any part of the Aixport, including its landing area, to the United �tates Govemnr�ent. In this event, any provisions of this inshumeni which are inconsistent with the provisions af the lease ta the Government shall be suspended. Lessar shall not be liable �'or any loss or damages alleged by Lessee as a result of this actian. Hourever, nothing in this Lease shall prevent Lessee from pwrsu.ing any rights it may have far reimbursement from the United States Gavernmer�t. . , 9.� Lessee's righfis hereunder shall be subject ta all existing a�d future utility easements and right�-of-way granted by Lessar for the installation, maivatenance, inspection, repair ar removal of facilities owned by operated by eleetric, gas, water, sewer, cammunication vr othe�r utility companies. Lessee's right� shall additionally be subject tv all righ�s gz'anted by all ordinances or statutes which allow 51.ICY1 utility companies to use publicly-owned property for the provision of utility services. - 9.b. Lessor covenants and agrees that during the ternn of this Leasa it wrll operate and maintain the Airport and its �'aciliti�s as a public airport consistenY with and pursuant to the Sponsox's Assuranc�s given by LesSor to the United States Government through the Federai Airport Act; and Lessee agrrees that this Lease and Lessee's rights and privileges hereunder shall be subordinate to �he Sponsor's Assurances. 4 10. INSURAIVCE. Lessee shall procure and maintain at a11 times, in full force and effect, a policy or policies of insurance as specified herein, naming th� City of Fart Worth as an addiiional insured and covering all public risks related to the leasing, use, accupancy, maintenance, existence �r location flf the Premises. Lessee shall obtain an Aircraft Liabi�ity �nst�rance poficy with coverage at the follawing limits: � Bodily Injuty and Property Damage: $1.00,�00 per person; $300,000 per occurrence. Tnsurance coverage limits may be revised upward at Lessor's option, and Lessee will accord�ngly increasa such amo�nts within thi,rty (34) days follawing natiee �o Lessee of such requiremeni. The policy or policies of insurance shall be endorsed �o pravide tbat no material changes in co�erage, including, but not limited to, cancellation, terminatian, non-zenewal or amendment, shall be made without fl�irty {30) days' prior written notice to Lessar. Lessee shall maintain its insurance with underwriters authorized �o �o busiz�ess in the State of Texas at�d which are satisfactary to Lessor. As a condition precedent to the effectiveness of this Lease, Lessee sha11 fiarnish Lessor with a certificate of insurance signed by the underwriter as praof that it has abtained the types and amounts of insuxance coverage required herein. I� addition at any tizne Lessee shall, on deman.d, provide Lessor with evidence that it has maintained such co�erage in full force and e�f'ect. 11. INDEPENDENT C4NTRA.CTOR. Tt is expressly understood and agreed that Lessee shall operate as an;independ�nt contractor as to a11 rights and privileges granted herein, and not as an agent, represen�ative ar employee oi Lessor. Lessee shal� have the exclusive right to control the details oiits opera�ions and activities on the Premise� and shall be solely responsible far the acts and amissions of its officers, agents, sezvants, employees, cantractors, subcontractors, patrons, licensees and invitees. L�ssee acknowledges that the doctrine of respondeat superior shall not appiy as between Lessor and Lessee, i�s officers, agents, ernployees, con#ractors and subcontxactars. Lessee further agrees that nothing her�in shall be conshued as the creation of a partnership or joint entezprise between Lessar and Lessee. 1�. TTIDEMI�T�FICATION. LESSEE SEREBY ASSUMES ALL LIABILITY AND RESFONSIBILITY FOR PROPERTY LOSS, PI20PERTY DAMAGE AND/OR PERSONAL 1'1VJURY OF .ANY KIND, INCLUDING DEAT'H, TO A1VY AND ALL PERSONS, OF A1VY KIND OR C��ARACT�R, � WHETHER REAL OR ASSERTED, ARISI'NG OUT OF �R IN CONNECTIQlI� WITH THE USE OF THE AIRPORT UNDER THIS LEASE OR WITH THE L�ASING, 1V�AINTENANCE, USE, DCCUPANCY, E.K�STENCE OR LOCATION OF THE PREMISES, EXCEPT TO THE EXTENT CAUSED BY THE NEGLIGENT ACTS OR OMISSIONS QR INTENTIONAL MISCONDUCT OFLESS(IR. LESSEE COYENAN7'S A1VD AGREES TO, AND DDES HEREBY, 1'NDEMNIFY, HO�D HARMLES,S AND DEFEND LESSOR, ITS OFFICERS, AGENTS, SERYANTS AND EMPLOYEES, FRbM AND AGAINST ANY AND ALL CLAIMS 4R LAWSUITS F�R EITHER PROPERTY D.ANIAGE OR LOSS (IIVCLUDING ALLEGED D�fMAGE OR LOSS TU LESSEE'S BUSINESS AND A1VY RESULTING LOST PROFITS) AND/OR PERSQNAL .INJURY, INCLUDING DEATH, TO ANY AND ALL PERSONS, QF ANY KIND OR CHARA CTER, WHETHER RE.AL OR ASSER TED, ARISIIVG O UT OF OR IN CONNECTION WITH THE USE OF THE AIRPORT UNDER 7'HIS LEASE OR WITH THE LEASING, MAINTEIVANCE, USE, OCCUPANCY, EXISTEN'CE OR LOCATION OF THE PREMISES, �XCE.PT TO THE EXTE�VT CALISED BY THE NEGLIGENT ACTS OR OMISSIDNS OR �NTENTIONAL MISC0IVD UCT OF LESSOR. LESSEE ASSUMES ALL RESPONSIBILITYAND AGREL�S TO PAY LESSOR FOR ANY AND ALL 1'NJrIRY OR DAMAGE TO L�SSOR'S PROPERTY WHICH A�SES DUT OF QR IN CONNECTIDN WIT'H ANY AND ALL ACTS OR OMISSIONS" OF LESSEE, ITS OFFICERS, AG�NTS, EMPLQYEES, C�IVTRACTORS, SUBC4IVTRACTORS, LICENSEES, INVITEES, PATRONS OR TRESPASSERS, EXCEPT TO THE EXT�NT CAUSED BY THE NEGLIGENT AC�'S OR OMISSIONS' OR INTENTIONAL MISCOND UCT �F LESSOR. LESSOR DOES NOT GUARANTEE POLl`CE PROTECTION TO LESSEE OR ITS PROPERTY. LESS�Il SHALL NOT BE RESPONSIBLE FOR IlYJURY TD ANY PERSON ON THE PREMIS�S OR FOR HARM TO ANY PR4PERTY WHICH BELONGS TO LESSEE, 1'TS �FFICERS, AGENTS, SERVANTS, EMPLOYEES, CONTRAC�''ORS, SUBCQNTRACTORS, LICENSEES, I1V�ITEES OR PATRONS, AND WHl'CH MAY BE STOLEN, DESTROYED QR W ANY WAY DA�VIAGED; AND LESSEE HEREBY INDEMIVIFIES AND HOLDS HA.RMLESS LES`SOR, ITS OFFICERS, AGENTS, SERVANTS AND EMPLOYEES FROM AND AGAINS7' ANY AND ALL SUCH CLA1'MS, EXCEPT TD THE EXTENT CAUSED BY THE NEGLIGENT ACTS OR OMIS3IQNS OR INTENTIONAL MISCOND UCT OF LESSOR. 13. WA.�VER OF CHA.RITABLE IMMUI�iITY OR EXEMPTION. � L�SSEE, as � charitable associa�ion, corporatio�t, partnership, ind'tvidual enterprise ar entity, claims iz�unity to or an exemption fram lial�ifity for any kind of praperty damage or personal damage, injury or death, Lessee hereby expressly wai�es its rights to plead defensively any such immunity or exemp�ion as against Lessor. � 1�. TERMINATION. In addition to any termination righfis provided herein, this Lease may be terminated as follows: 14.1. Bv Either Party. Lessar or Lessee may terminate this Lease for any reason, to be effective on the expiratian date of the term in effect at the time, by providin� the other �arty with vvritte:n notice noi less than thirty (30} days prior to the eifective date af such ternunatinn. 14,2. Failure to Pav Rent. If Lessee fails to pay rent for tlie Prernises in accordance wiih Section 3, Lessor shall pro�ide Lessee with a written statement of the amount due. Lessee shall have ten (10) calendar days following notice to pay the balance outstanding. If Lessee fails to pay the fu11 amotuat within such tirne, Lessor shall have the right to terrninate this Lease irnmediately. 1.4.3. Breach or Default bv Lessee. If Lessee commits any breach ox de�ault under tlus Lease, other than a failure to pay rent, Lesse� shall deliver to Lessee a written notice specifying the nature of such breac� or default. Lessee shall have thiriy (3p) calendar days following notice to cure, ad�ust ar correct �he problem to the satis�actian a� Lessor. If Lessee fails ta cur� the breach, default ar failure within the iime period prescribed, Lessor shall have the right to tezminate this Lease immediately. 14.4. Ri�hts flf Lessor Uuon Terminafion or Exniration. Upon the termination or expiration of this Lease, all rights, powers and pri�ileges granted to Lessee hereunder shall crease and Lessee shall unmediately vaca�e the Premises. Lessee agrees that it will retum the Premises and all appurtenanc�s and irnprovements thereon in good order and repair and in the same condition as e�isted at the t�me this Lease was entered into, subj ect to ordinary w�ar and tear. Lessor shall have the iirunediate right to take full possession af the Premises, b� £arce if necess�ry, and to remv�e any and all parties remaining on any part of the Premises without further legal process and without being liable far t�espass or any ather claim. Lessor shall also have the right to remove any and alI fixtures or equipme�t that may be £ound within or upon the Premises without being Iiab�e therefar. Lessee agrees that it will assert no claim o� any kind against Lessar, its agents, servants, employees or re�rasentatives which may stem frarn Lessor's �ezmination of' the Lease or any act incident ta Lessor's assertion of its right to terminate. 7 1�. NOT�CES. Notices required pursuant to the provisians of this Lease shall be conclusivaly d�tenmined ta have been delivered when (1} hand-delivered to the o�her party, its agents, employees, servants or represenYatives, or (2} deposited in the United States Mail, postage prepa.id, addressed as follows: To LESSOR: Fnr Reja,t: CITY OF FORT WORTH REVEN UE OF�'ICE 104D THROCKMORTON STREET FORT WORTH TX 76102-6312 For Ail Ot�er Matters: DEPARTMENT OF AVIATION MEACHAM INTERNAT�ONAL AIRPORT 4201 NORTH MAIl�I �TREET - SUITE 200 FORT WDRTH T� 76106-2749 Ta LESSEE: FRED RIGGS P. 0. BDX 2080 W�ATHERFORD, TEXAS 76086 l6. ASS�GN1i�ENT. Lessee shall not assign, sell, convey, sublet or transfer any of its rights, privileges, duties or interests granted by this Lease without the advance written cansent of Lessor, Aa�y attempted assignment without prior written consent by Lessor shail be null and vozd. If Lessor consents to any assigrunent, all terms, covenants and agreernents set forth in this Lea.se shall apply to the assignee, and said assignee shall be bound by the terms and conditions of this Leas� the same as if it had originally been a party ta it. 17. LIENS EY LESSEE. Lessee aclaiowledges that it has no authority to engage in any act or to make any contract which may create or be �he 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 sale cost and e�ense, shall liquidate and discharge fhe same within thirty {30) days of such creation or fi3ing. Lessee's failure to discharge any such purported lien shall constitute a breach nf this Lease and Lessor may terminate this Lease imrnediately. Hawever, Lessee's financial obligation to Lessar to liquidat� and discharge such lien shall continue in affect following termination of this Lease and until such a time as the lien is discharged. [:3 18. TAXES ANn ASSESSIVIEI�ITS. Lessee agrees to pay any and all federal, state ar local taxes or assessments which may lawfuily be levied against Lessee due to Lessee's use or occupancy of the Pxemises or any improvements or property placed on the Premises by Lessee as a result oiits occupancy. 19. COIMPLIANCE W�TH LAWS. ORDINANCES, Ri1LE5 AND REGULATYONS. Les�ee covenants aud agrees that it shall not engage in any unlawful use of fhe Premises. Lessee fizrther agrees tliat it shall not pertnit its officers, agents, servants, employees, contractors, subcontractors, paixons, licensees or invitees to engage in any unlawful use of the Premises and Lessea immedia�ely shall rernove from the Premises any person engaging in such unlawful activities. Uxxla�ful use of the Premises by Lessee itself shall constitute an imrnediate breach oi this L�ase. Lessee agre�s to comply with all federal, state and local Iaws; all ordinances, rules and regulations of City of Fort Worth and the Ci�y of Fort Worth Police, Fire and Health Deparhnents; all rules and regulations established by tha Director of Airport Systems a�nd authorized designee; and alI rules and regulations adopted by the City Cou�tcil pertaaning ta the canduct required ai airports owned and aperated by the City, as such Xaws, ordinances, rules and regulafions exist or rnay hereafter be amerzded or adopted. If Lessor notifies Lessee ar any of its officers, agents, employees, contractors, subconixactars, licensees or invitees o� any violatian of such laws, ordinances, rules or r�gulatians, Lessee shall :immediaiely desist from and ca�rc�ect the violatian. �0. NON�D�SCRINIINATION COVEN.ANT. Lessee, for itself, its persanal representatives, successors in interest and assigns, as part of �ie consideration herein, agrees as a covenant ruruung wi�h the land that no parson sha11 be excluded from participa�ion in or denied the benefits af Lessee's use of �e premises on the basis of race, color, natianal origin, religion, handicap, sex, sexual orientation or familial status. Lessee further agrees for itsel�', its personal representatives, successars in interes� and assigns that no per�on shal� be exeJ.uded from the pravision of any services on or in the construction of any improvements or alkerations to the premises on grounds af race, coloz, national arigin, religian, handicap, sex, sexual orientat�on or familial status. Lessee agrees to fiuni.sh its accommodations and to price its gaads and services on a fair and equal basis to all persons. Tn addition, Lessee covenants and agrees that it will at a11 tunes comply with any requirements iumposed by or pursuant to Titie 49 of the Code of Federal Regulations, Part 21, Non-Discrimin.atian in Federally Assisted Programs of the Depattment of Transportation and with any amendments to this regulation wluch rnay hEreafter be enacted. If afty claim arises from an adleged violatian af ihis non-discriminativn eavenarzt by Lessee, its persor�al representatives, successors in interest or assig�s, Lessee agrees to i��demnify Lessor and hold Lessar jiarmle�ss. F� 21, GOVERNMENTAL POWERS. It is understood and agreed that by execution of this Lease, City of Fort Worth does not wai�e or surxender a�y of its governmental powers. 22. 1�i0 WAIVER The failure of Lessor to insist upon t.�.e performance of any term or provision af this Lease or to exereise any right granted herein shall not canstitute a waiver of Lessar's righf to inszst upan appropriate per�ormance or to assert any such right on any future; occasion. 23, VENUE A1�iD JLIRISDICT�ON. Should any actian, wh�ther real ar asserted, at law or in equity, arise out of the tertns of �his Leas� ar by Lessee's operations an the 1'remises, venue for such action shall lie in state courts located in Tarrant Caunty, Texas, or the United Staies District Caurt for the Northern District of Texas, Fort Worth Divisian. This Lease shall be construed in accordance with the laws of the State of Texas. �4. ATTURNEYS' FEES. . Tn any action brought by Lessor or Lessee for the enforcement of the obligations of the other party to this Lease, �he pr�vailing party shall be entitled to recaver interest and reasonable attorneys' fees. ' 25. SEVERABILITY. Tf any pzovision of tlus Lease shall be held to be invalid, illegal or unenforceable, the validity, legality an.d enforceability of the rernaining provisions shall not in any way he affected or impaired. 26. FORCE MAJEURE. Lessor and Lessee shall exercise every reasona�ble effort to meet t�.eir respective obligations as set forth in �is Lease, but shall not be held liable for any delay in or omission of p�rformance due to force majeuare or other causes beyond their reasonable contxol, including, i�ui not iimited to, compliance with any gov�ernrnant law, ardinance or regulation, acts of God, acts of omission, fires, strikes, lockouts, national disasters, wa�rs, riats, material or labor restrictians by any governmental authority, transportation prohlems andJor any other cause beyond the reasonable control of the parties. ia �'�. E1�ITIRETY OF AGREEIVIENT. Tlus written instrument, including any documents incorporated herein by reference, contains the ent�'e unders�axadiu�g and agreement betw�en Lessor and Lessee, its assigns and successors in interest. Any prior or contemporaneaus oxal or written agreernent is here�y declared null and void. This Lease shall not be amended unless agreed to in writing by both Lessor ar�d Lessee and approved in ad�ance by Lessor's City Council. IN WITNESS �� OF, the parties hereto have executed ihis Lease in multiples this /, �„� day of G����i'�'t.�t �,. CITY OF FORT R By: Mike Groomer � Assistant City Mana�er FRED RIGGS: �Jff �//// FL /LL�V �/ ��� ATTES� �� � � i By: , v �,_�.- ity Secret i APPROVED A� TO FORM AND LEGALITY: By: � �. Assistat�t City Attorr� M & C: � �' 13I � �, c�� � %`'� I ATTEST; �;�. �" � ��[r� Can�sact Author�z��ion �~��.a�l �ate . ,;]C��4��Ir:,�t rq, �,�1��' r� i��. �i STATE OF TEXAS COUNTY OF TARRANT � BEFOR� ME, the wndersigned authority, a Notary Public in and for the S�a�e of Texas, on this day personally appeared FRED RIGG5, known to me to be t�.e person whose name is subscribed to the faregaing instrument, and acknowledged to me fhai the same was his act and that he executed the same as his act for the purposes and consideratian therein expressed and in the capacity therein stated. GNEN LTNI)ER MY HAND AND SEAL OF OFFICE this �_day of )• �1._, � .. � �. , �,ei; ; e�i�uu .lils. u,i _. ie .,�, �� ORp�ny�� ��� ��� � : � Nal�ry Publ4c, St�ta o� �exas .: , 1Vi�1 Gomrnlssl�n F�pis� � �►.��• ��h�+�,�903 ■ i -' s' �i �s � r � s STATE OF TEXAS COUNTY OF TARRANT .:� � _,. ._,...�-,._.- . N� otary Public in aud �or the State of Texas BEF4RE ME, the und�rsigned authority, a Notary Public in and far the State of Texas, on this day personally appeared Mike Groomer, lmawn to me to be the persan whose name is subscribed to the fore�oing instrument, a�d acknow�edg�;d to me that the same was the act of fhe City af Fort Worth and that ha executed the same as the act of the City of Fort Wgrih for the purposes and consideration therein expressed and in �he capacity therein stated. GNEN LJNDER MY HAND AND SEAL OF OFFICE this�day of , , �. ��'�i�� Notary Pub�ic in and for ihe State of Texas C:\w[[�l[�l�c\Pratilea�laneh\Persanal\AVIATApN\1.eaee ngreemence\FRBD RLG(i5, T-Hangar is8, ifntt 7, 6-�5-01.Bnc F�RT 1�RIIOR�H E�II�ACbAl9,� IRl���N�4TIORl�� r41R��RT �'�h1AN�AR ��S Unit �im�nsions: 49' wide by 32'4" d�ep, 20'4" wide in the narrow area. EX�11 B11' A F����o��� NQfi �'�3 �CAL� � 5 4 3 � .z 1 10 9 8 7 � � 6 � A Lr UNI7 NAME 1 Darren Rhea, President 2 Scott Tankersley 3 Dan Morton 4 7erry Fricks 5 John Gough B pr. Mark Hammonds 7 Frac� Riggs 8 Randy Gillar 9 Ron Raener 10 Phillip Esparza Performance Magnetas, Inc. A B Phillip Esparza PerFormance Magnetos, 1nc. 129 SF x 1.16 MONTHL.Y 250.00 250.OD 250.00 250.Qp 250.Op 25o.ao 250.Q0 250.a0 250.00 25Q.00 12,47 per month HGR245 - Exhibit A far the Leases 713Q101 � ��� � �i�� ��f'�'�r� ��c��tl�, T"ex�r� ���o� �r�� ���rn�� a����r�����i�� � U�IT� �'#EFERr�I�r �lU{�+iLEFt L�� NA1N� I�A�C 8��'1��1 *''�l.��l�1�fi �5RIC�� I 9 0� 1 �ut��r�T L��l�� AGFt�E�1Eh1T W��'F�f FRF� �I��� ��f� T-F�f�iV�AF� IJ�IT ����-7 �T f����W�q� fP�T'�F�N�ITI�[VAL �41�tf��F�T ������E�lD�1TIO�i: It ks r�c�m�r�oncled t�rat ltti� �it�+ �ouncil a�t�orize kF�� �if� f1+1a��ger to �xecuto a T-Hang�r l.�a�se Agr�em�r�t with �r�d f�iggs fo� T-�-I�n�ar �nit 245�-7 a� hr�ea�ham Inler�ai�oe��l Alrpr,rt. �I��L.I��lC3iV: f'red Ri��s, �n individual, re�uests �o lease T-H�r�gar U�it �4�-� a� lu��a��am �nt�rr��N�nal �1r�port at a r�#� of ���0 ��r month, �n �c�o�rc�a�ce wtth th� �che�l�l� �� f�ates and �harges. The r�r�t will �ae a�J�st�d annuai!}� on Qcko�er 'Est in ��corc�anc� with tl�� rate in aff��t at t€�at lim�, Th� #err�n of ki�E� la�se wlll b�g��r� or� �#�e de��e o� exe�u#I�n ��d expir� �r� �eplem��r ��, �{��1. TY�e feas� wl�l automalic�lly r��r�� for an ��dition�! y�ar ur��e�� �ithor party n�tifies th� �4her �0 days in �clvan�e af lhe c��cpiratior� of its int�n� fa ��nc�l tf�� leas�. Alk terms and �ondikEor�s �t+�ll �all�w skanc�ard �ii�r �nd �4viat�on i��p�rlmer�t poil��e�. �ev�r�ue receiv�� from thi� Ee��� wil� b� ���0 p�r mvnt#�, �r ��,OOD per y�ar. Th� pr��ec��tl r�v�r�u� for the rerr�a€r�d�r of li�� fi���� �r�ar i� ���0, �he prop�rt�r is Ic�ca#ed {n ��UN�IL �f�Tf���T 2. �1���1� I����iv�AT�D�I��ERTIFI��,���f�; �'f�e �it�ar7�� �irectc�r c��ti�ies l�at th� f�ev�n�e Division �� t�e Fir�an�e D��ar�m�nt will !�e re�pons��l� fo� ##�e ��1€��tia� and d�p�sit af f�nds ��re to the �li� under �I�is �e���. C�ll�,:n . 3u�inttee�� for Ciiy I�faoa�gcr's (�f�kC£ �}}': l�iikc [.�ronrn�r Qr��;�ualing �rpar[i��e�i iic�tl: �.isa A, �ylo� Ad�I�Eo���� Iqlurxnn�iaoi Coulact; t_Lss GI�u���bN� !il 4{I 540� satr � T'L�NE} �C�(1l�hT {�4ti} I --P�4� � A91312 � (From) C�N'�`E�� .4MiCl�NT Q���001 $3,0OO.�Q I � Gl'I"1�' S�C'RTTA4�Y ���'ri�`� �_�.} �>i�r� �����4� il�� �►� ���� �p,� C,�'�al-�1 �{{� �;CrR�h f� n! lh, F (: ily ;r� �� n o I', : a�i:2s, Tr� %; �'