HomeMy WebLinkAboutContract 28210��
FORT WORTH MEACHAM INTERNATIONAL AIR�'DRT
T-IIANGAR LEASE AGREEMENT
(ANNUAL)
(T-I3ArTGAR 195-9 & 195-10) ���� ��������� � 0 ca� 1 C�
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Lessar: City of Fort Warth, Texas Lessec: Delta Aeranautics, Inc.
c/o A�iatiQn Department Mr. Khaled Miloud, President
4201 North Main Street, Suite 200 4201 Narth Main Street, Suite-1 I9
Fort Worth, TX 7b106-2749 Fort Wortl�, TX 76IOb
In �onsideration of the mutual covenants, promises and obligations contained �ereixt, Lessor and Lessee
hereby agree as follows:
1. PROPERTY L�ASED. l�n accordan,ce witki the terms and conditions of this Lease, Lessor hereby demises
to Lessee, and Lessee l�ereby accepts and leases from Lessor, T-Hangar 19�-9 and 195-10 identitied as (the
"Premises") at Fort Worth Meacham Tnternational Airport ("Airport"), fl5 5110'W�1 1P1 I`+,R�il}}i� `�A", attached hereta
a�nd hereby rnade.a part af ihis Lease for all purposas,
2. T�RM OF LEA�E. Unless terminated i� aceordance with the pro�isians af tib.is Lease, {i) the "Initial
Termk' of this Lease will commenoe on the date as a:f which both Lessor and Lessee have executed this Lease and
expire on.Septem6er 30, 20Q3 and (ii) this Lease wilI automatically renew far successive terrns of one (1) year each,
commencing on October 1 of each year and exp�ring the following the follow'sng September 30 (each a"Renewal
Term").
3. RENT. During tb,e Initial Term and any Renewal Term, Lessee shall pay Lessor mon�hly rent for the
Premises in accordance with the rates estabiished for tl�e Premises by the Ar+iation Depart�nent's 5c�edule of Rates
and Charges in affec� as of the first day of the respective Term ("Rent"). Rent payrnents must be rec�ived by
Lessor's Ravenue Offic�, 1000 ThrocIanorton, Fort Worth, Texas, 7510J-0976, on or before the iirst day of each
month, Rant shaIl be co�sidered past due if Lessor has not receivad fitl� payme�t after the ten�th (14tk�} day of the
tnonth for wtucb. payment is due ("Past D�e Date"). Without limiting any of Lessor's rights and re;medies pro�ided
b� Yhis Lease ar applicable law foz' non-payment of Rent, if Lessor has not received Lesssee's Rent payznent by the
Past Due Date, Lessor will assess a iate fee of ten �ercent (1 D%) per month oz� the entire balance af any averd�e rent
that Lessee may accrue (col��ctiv�Iy and in tI�e aggregate, the "Late Fee").
4. UTILTTIES. Lessee, at Lessee's sole cost and expense, shall be r�spon.sihle for the use of alI uEzlity
services to the Premises and %r all other r�lated ufality expenses, including, but �ot limited to, instatIation costs.
�. USE OF PREMISES. Lessee s3�aIl use the Fremises exclusively for the storage of aircraft. Lessee's use
of the Premises for any oYher purpase, includiug any kind of aireraft maintenance, shall constitute a material breach
of this Lease.
6. MAINTENANCE AND REPAIRS BY LESSEE. Lessee agrees to keep and bnarutain the Aremises in a
good, clean ant� sanitary condi�ion at all timas. Lessee covenants and agrees that it w�l not make or suffer any waste
of the 3'remises, Lessee wiIl, at Lessee's snle cost and expense, maice all repairs necessary to prevent the
deterioration in condition of Y1ie Premises. Lessee shall be responsi�le for all daznages caused by Lessee, its agents,
servants, employees, contractars, subcontractors, licensees or invitees, and I,essee hereby agrees to fu11y z-epair or
othetwise cure all such damages at Lessee's sole cost and expense. Lessee a�rees that, except as otherwise expressly
p:rovided b.ere�in, all izrzpzaveznenis, trade fixtures, fiunishings, equipment an.d other personal praperty of evezy kind
or description which may at any time be on the Premises shall be at Lessee' sole risk or at the sole risk of those
claiming under Lessee.
i. INSFECTION� BY LESSDR. Lessor shall have the rigilt and pz'i�ilage, tl�raugh its officers, agen�s,
servants or employees, to inspect the Premises. Except in the event of an eznergency, Lessor shail candi�t d�r�:�g .,
Lessee's ordinary business ho�ars and shall use reasonable efforts to provide Lessee ai le�st,� �2� hourc�' r�.r,r��� 4
LeaseAgreemen�.T-Hangar 19S-9 and L�.DeltaAeronautics, [nc,
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prior to inspection. If Lessor de%rrtzi�nes during an inspec�ion of the �remises t�iafi Lessee is res�onsible under this
Lease far any ma�tenance or repairs, Lessor shall notify Lessee in writing. Lessee agrees to begin such
maintenance or repair wark diligently within thirty (30} calendar days following receipt of such. notice and to then
complete such m�irntenance or rapair work within a reasonable time, cansidering tbe nature of the work to be done.
If Lessee fails to begin the recoznmended maintenance or repairs within sucl� time or fails to campl�te the
maintenance ar r�paus wiihin a reasonable time, Lessor may, in its dzscxetion, perfor�n such maintenance or repairs
an behali af Lessee. In this e�+e�nt, Lessee will raimburse Lessor fpr ttle cost of the z�a�iatenanca or repairs, and such
reimbursement will be dne on the date of Lessee's next monthly zez�t payment following completion of the
maintenance or repa�rs. During any inspectian, Lessor may perfortn axry o6�igations that Lessor is autharized or
required to perfortn under the terms a£ this Lease or pursuant tv its governmenta.l duties under federal state or local
laws, rules or xegulati.ans.
8, HAZARDOiTS SUBSTANCES AND ENV�RONMENTAL REMEDYATIDN. Lessee shall comply
with applicable feder�l, state aar local law, regulation, rule or ord'wanice relating to bealth, pollutipn or protection of
the envisonn�ent (coliectively "Environmental Laws"). Lessee represents and agrees that it has inspecfied #he
Premises aztd is fully advised of its own rights without reliance upon any representaiion made hy Lessor cancerning
the environmental conrlition of tha Premises. LESSEE, AT LESSEE'S S'OLE COST AND EXP�'NS`E, SHAZi
BE FZTLLY RESPaNSISLE FOR THE R,�h�IE�IATlON OF ANY C�NTAMINA?'ION OF PROPERTY AT
THE AIRPORT OR GROUIVDWATER THEREUNDER TO T.HE EXTENT CAITSED, AGGRAI�ATED BY OR
CONTRIBU�'ED TO, IN WHOLE OR lN P.4RT, BY LESS'�E, ITS OFFICERS', AGENTS, SERVAN7',4,
EMP.LOYEES, CONTI�ACTORS, SUBCONTRACTOI�S, LICENSEES AND/OR INVlTEES
9. CONS'�It.UCTIOiV AND IMPROVEMEN'�S. Lessee may not make o;r cause to be tnade any
modificatzaz�s, reno�ations or impz'avements to the Pzemises and may �ot undertalce any constructi�n work on Y1�e
1'remises unless (i) Lessee first abtains written approval from the Aviatzan I7irector or authorizad representative
(s`Director") and (ii) this Lease is amended in written form, signed by bot�t parties, to provide for procedures and
regulations pertainin.g to such modi�ications, renovations, 3naprovements or construction work.
10. INSU'RANCE. Lessee shall mainiain the iolZowing insuxance coverage, at the iimits specified hereiw, a# aIl
times that this Leasa is izi effect: A.ircra� I.iability providing, at a minimum, coverage far bodily injury �nd property
damage at $100,ODb pex person and $3Q0,000 per occurrenee. In addit�on, Lessae shall be responsiUle £or all
insurance to construction, improvements, znod�cations or renovatians to tha P�exnises and fpr personal property of
its own or in its care, custody or control, Lessee sha2I caus� alI insurance policies providing coverage under this
Lease to name Lessor as a�► additional insuz-ed and to provide that no material changes in coverage, includizzg, but
not limited to, cancella�ion, termination, non renewal or amendment, shail be made without Yhirty (30) days' priar
written natice to Lessar. Insuranca requirements under this Lease are subject tv change at Lessor's optinn, at�d
Lessee will camply with auy such new requi�te�ents within �hirty (3Q) calendaz 41ays followiug notification to
Lessee. Lessee s4�aI1 fur�.ish Lessor with �ppropriate certificafes oP insurance sigzied hy the rsspective insux-az�ce
companies as proof that it has obtained the types and amounts of insurance coverage reyuired herein.
1L INDEPENDENT CONTRACTOR. It is expressly understood an� agreed that Lessee sh�ll operate as an
inciependent contractar as to all rights and privileges granted herein, and not as an agent, representaiave or employee
of Lessor, Lessee sl�all have the exclusive right tQ conixai the defails af its operatipns and activities on the Premises
and shaIl be solely responsible for the acts and onnissians af its of�icers, agents, servauts, employees, contractors,
subconiraciors, patrons, licensees and in�itees. I��ssee acknowle�ges filxat the doctrine of respanr�eat superior shaIl
not apply as hetween T�essox and Lessee, it5 afficers, agents, empI�yees, contraetors and subeontractors. Lessee
fUrther agrees that nothing lterein shall ba construed as the creation of a partnership or loint ente�prise betwean
Lessor and Lessee.
12. INDEMNIF'ICATION. LESSEE ,FI�REBY (ij AS�UMES ALL LIABILITY AND RESPONSIBILITY
FOR ANY DA1I�AGES, INCLUDING, BUT N07' LIMIT'ED TO, PROPERTY L4�'S', PROPERTY DAMAGE
f1ND/OR PERSONAL INJUR�' OF ANY KI1VD, INCLUDING DEATH, TO ANY AND A,�L PERSONS, OF
ANY KIND OR CHARACTER, WHETHER REAL OR ASS.�RTED, ARISING OUT OF OR ,TN CONIVEC�'IDN
WITH ITS USE OF OR DPERATIDNS ON THE AI,�,PORT UM?ER THLS LEASE OR Td'IT'H THE LF.ASING,
14�fA1NT'ENANCE, lISE, OCCUPAIVCY, EXISTENCE OR LQCATIQIV OF THE PREMISES 4li A1'VY
rMPROVEMENTS THEREOIV, EXCE1'T TO THE EXTENT CAUS`ED BY THE GROSS NEFT:=Tt�`��' OR
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1'NTENTI0IVAL MXSCONDUCT OF LES'�'OR, ITS SERVANTS, AGENTS OR EMPLDYEL'S AND (ii1
COVENANTS AND AGREES TD, AND DOES' HEREBY, lNDEMNIFY, HOLD HAI�MLESS AND DEFEND
LESSOR, ,�T,S` OFFICERS, AGL�'NTS, S'ERT�ANTS �IND EMPLOYEF.S', FROM AND AGAINST ANY AND
ALL CLAIMS, LAWSUITS O� 07"HER ACTIONS FOR ANY1C1'ND OF DA.�4GES, INCLUD,rNG, BUT NOT
LIM.ITED TO, R PItQPERTY DAMAG� OR LOS`S (INCLrIDING ALLEGED DAMAGE OR LOSS TO
LESSEE'S �'tISINESS AND A1V�' RESULTING LQST PROFITS) ANDtDR PERS�TTAL 1'NJURY,
INCL ITDING DEAT'H, TO ANY AND ALL PERSDN�S, OF A11�Y KIND OR CHARACTER, WHETHER REAL
OR ASSERTED, A.R,�SING OUT OF OR IN CONNECTIOIY WIT� THE USE, LEAS1'NG, MAINTENANCE,
OCCUPANCY, E�ISTENCE OR LQCATION OF TIfE PREMLSES OR ANY IMPRDYEMENT,S` THEREON,
EXCEPT' TO THE EXTENT CAt7SED BY THE GROSS NEGL1'GEN�'E OR 1'NTEIVI'IONf1L MISCONDUCT
OF LESSOR, ITS SERVANTS, AGENTS OR EMPLOY�ES. LESSOR DOES NOT GUARANTEE POLICE
P��TECTI'ON TD LESSEE OR ITS PROP�RTY. LESSOR IS OBLIGATED ONLY TD PROVIDE
SECURX7`� ADEQUATE TO MAIIVTAIN LESSO�',S CERTIFICATION UNDER FAA REGULATIONS:
LES'SEE �g.�L COMPL�' WITl� ALL t1PP1ICABLE REGU.LATIONS OF T�IE FAA RELATING TO
Al'RPDRT SECU.RITY. LESSEE SIL4LL I'AY ALL F1'NE5 IMP05ED BY TAE FAA ON LESSOR OR
LESSEB RES�7�.T,iNG FROM LES,SEE'S Ff11LURE TO COMPLY WITI� SUCA FAA IlEGULATlONS OR
TD PREVEIVT UNAUTHOR2'ZED P.ERSONS DR PARTIES FR�M THE�it 08?'AIIVING ACC.ESS TO THE
AII'i OPERA�'IONS AREA OF TH.E AIItP�RT F�OM TA'E PREMISES T�FIIS SECTlON Il SHALL
SPE'CIFICALL X SURVIVE TERMINATTON QR F.XPIRATrON OF THIS LEASE,
13. TERIWYINA'TION. 13.1. Sy Either Party. Eifher party may prevent this Lease from being renewed for
a Renewal Term far any reason, wiih or �vithout cause, by provit�ing the other pa,rty with at Ieast thirty (30) calendar
days' written notice of its intent to terminate this Lease effective upon the full e�iration of the Tertn then in effect.
13,2. Bxeach or Default by Lessee. If Lessee fai�s to pa}+ Rent by the 1'ast Due Data, Lessor may at any time
provide Lessee witti a written state�ent of the arnaunt due. Lessee will have tan (10} calendar days to pay this sum
in full. If Lessor has not recezved such payrnent wifihin that tizbe, Lessor may termunate this L�ase immediately. If
Lessee commits any other type a� breach or defa�lt, Lessor may at any time provide Lessee witih a written natice
describing th� nature of the breac� or default. Lessee will t�ave thiriy (34) calendar days io cure the breach or
defa�lt to the x'easonable satisiaction of Lessor. Ii Lessee fails to so cure tha breach or default wit.�in that iime,
L.essor may teta�ninate thia Lease imznediately. 13.3. Effect of Termivation or Expiratian. iTpon terminatio�n or
eacpiratiot� pf this Lease, title to alI improvements an the Premises and all fixtures and other itezn.s attached to any
structure on tb.e Premises shall pass ta Lessar. Tn addition, all rigk�ts, powers and privileges granted to Lessee
hereunder shall cease and Lessee shali vacate the Yremises. Within twenty (20) days %llowing the effective date of
termination or e�cpirataon, Lessee shall �reznove from the Premises all trade fxtures, tools, machinery, equipment,
materials and supplies plaeed on the Premises by Lessee pursuant io this �,ease. After such time, Lessor shall have
t1�e rigtkt to take fu11 possession of the Prez�ises, by force if z�ecessary, and to remove au� axid aII parties az�d property
remaining on any part of tt�.e Prexn�ses. Lessee agrees that it will assezt n4 ciaitn oi any kind against Lessor, its
agents, servants, employees or ;representafives, which may stezn from I.essor's termination of this Lease or any act
incident to Lessax's assertion of its rig}at to terminate or Lassor's exercisa of any rights granted hereunder.
14. ASSIGNMENT. Lessee s$all �ot assign, sall, oonuey, sublease or transfer any of its rights, privileges,
duties or interssfis grazated by this Lease without the advance written consent nf Lessor.
15. LIENS. Lessee shall nat take any ackiaz� or make any contzact that ma.y create or be t�e faundation for any
Iien on either the real property af ar any Im:pro�+emeni on the Prentises. In the event that any such purporE�ed lien is
created or filed, I.essee shall cause such Ii�n #a �e liquidated anc� discharged. I1V ADDITION TO ANY
APPI,ICABLE S?'ATUT�RY LANDLDRD'S LIEIV, LESSEE H�REBY GRANTS TO LESSOR, IN ORDEI� TO
SECURE PERFOItM�NCE BY LESSOR OF ITS OBLIGA�'�iONS UIVDER THIS LEASE, A SECURITY
INTEREST I'N ALL G�OODS, INVL�'NTOIiY, EQUIPMENT, FIXTURES, .FU.i�NITURE, IMPROCtEMENTS,
C�IATTEL PAPER, ACCOUNTS' AND GENERAL 1NTANGIBLES, AND OTHER PERSONAL PRDPERTP
OF CONCE'SSIDN�IRE NDW OR HEREAFTER SITUATED ON OR IN THE PRENIISES OR OTHERWISE
I�ELATIIVG TO LES,�EE'S U,SE OF T�'E PREMLS`ES, INCLUD.FNG, WITHOUT LIMITATIDN, AIRCRAFT,
AND ALL PR!)CEED,.S THEREFRO�YI (CaLLECTIVELY, THE "COLLATE.2�iL'), IF LES�SOR
7''E1tM�NATE,S THIS LEASE ON ACCOUNT OFBRF.ACS OR DEFAiriLT BY LESSEE, LES.S`OR MAY, I1V
ADDITIOIV TO ALL D7'HER REMEDIES, WITHOUT NOTICE OR DEMAND EXCEPT AS PR�f?I��.�
BE.�f1W, EXERCISE �'H� RIGHT,S` AFFORDED A S`.ECURED PARTY UNDEN TA;�' �fi.�j�;4�'•,�.��rl•Ff]„�,, C
3 ,
COMMERCIAL CODE ("UCC"). IN CDNNECTIDN WITHAlVYPUBLIC OR _PRIVATE S'ALE UND�R THE
UCC, LESSOR SHALL GIVE LL�'SSEE FIYE {5) CALENDAR DAYu�" �''RIOR WRITTEN NO�'ICE OF THE
�'.IM,E A1VD PLACE OF ANY PUBLIC SALE OF THE CO.LLATERAL DR OF THE �IME AFTE� WHICH
ANX PRIVATE SALE DR OTHER INTEI'VDED DISPOSITION THEREOF IS x0 BE MADE, WHICH IS
AGREED TO BE A REASONABLE NOTtCE OF.SUCH SALE pR DISPUSITI'ON
16. COMPLIAI�CE WITH LAWS, ORDIlVANCES� RULES AND REGIILATTOI`+IS, Lessee covenants
an.d agreas that it shall not engage in any vnlawful use of the Prernises. Lessee further agreas that it shalI not permit
its officers, agents, servan�s, employces, contractars, subcontractors, pah'ons, lic�nsees ar in.vitees ta engage in auy
unlawiul use of the 1'remises and Lessee irnmediafely shall remove from �.e i'remises any person engaging in such
urilawful activities. Unlawful use of the Premises by Lessee itself shall constitute an �ediate breacla of this
I..ease. Lessee agrees to co�zply with all federal, state and locax iaws; all oxdinances, rules and regulations of I,essor;
all rules and regula#ions established by the Directar; and alI rules and regulations adopted by �e City Council
pertaining to the conduct required at the Airport, as such Iaws, ordinances, rules and regulahons axist or may
hereafter }�e amended or adopted. If Lessor notifies Lessee ar any of its officers, agents, employeas, contractor�,
subcontractors, licensees ar invitees af any violation of such laws, ordinar�ce5, ruies or regulatzons, Lessee sb.all
unmediately desist from �nd correct the violation.
17. NON-DISCRIMINATION CO'VENANT, Lessee, for itself, its personal representatives, successars in
interest and assigns, as part of the consideration herein, agrees as a covenant ruiuvng with the land that na person
shall be excluded from participation in or denied the beneiits of Lessee's use of the Premises vn the basis of race,
color, national origin, religian, handicap, sex, sexual orientation or fa�nilial status. Lessee further agrees for itself,
its personal representatives, successors in interest and assigns that no person shall be excluded from the provision of
�ny ser�icas on or in the constructifln of any improvements or alteraiions to the Premises on grounds o� race, color,
�ationai origin, religian, handicap, s�x, sexual orientation or familial status. If any claim arises from an alleged
vzolation of this non-discriminaYion covena�t by Lessee, its personal representat�ives, successors in interest or
assigns, Lessee agi'ees to indemnify Lessor and hoId Lessar harmless.
18, GOV�RNMGNTAL POWERS, It is underst�od and agreed that by e�ecution of this Lease, Lessor does
nat waive or surrender any of its go^ver�n,ental powe�s.
19. NfJ WANER. '�'he failure of Lesspar to insist upon the per%rmance of any term ox peovision of this Lease
or to exercise any rigb.t granted herein shall not constiiute a waiver of T.essor's rig�t to insist upon appropriate
performance or to assert any such right on any future occasion.
2p, VEN [IE AND JUR.ISDICTION. If any ac�,an, whether real or asserted, at law ar in equity, arises on the
basis of any prQvision nf thi.s Lease or of Lessee's operat�ons an the Prernises, venue for such action sI�all lie in staie
courts located in Tarrant County, Texas or the United States District Caurt for tl�e Northern Disix'ict o£ Texas, Fort
Worth llivision. This Lease sk�a�l be construed in accordaz�ce with the laws of the State of Texas.
21. SEVERAB�LI�Y. If' any pra�ision af this T�ease shall be held to be it�valid, illegal or unenfarceable, the
validity, legality and enforceability of the remaining provisions sha!] not in any way be affectad or i�n.pa�red.
22, HEADTNGS NOT CONTROLLING, Headings and titles used in this Lease are for reference puiposes
only and shail not be deenuued a part af this Lease.
23. ENTIltETY OF AGREI�MENT,, This written iu�strument, including acty documents at-tached hereto ar
incor�aoxated I�ereia� by reference, contains the eniue understanding and agree�nent betwean Lessoz' and Lessee, its
assigns and successors in interest, as to tha matters contained herein. Any prior or contemparaneous oral or written
agreement is hereby declared null and void tp the eatteni in conflict with any prowisions of #his Lease. The terms aud
canditions of tl�is Lease shaIl not be amended un]ess agreed to in writing by both parties and approved hy the Ciry
Council of Lessor. This Lease may be executed in multiple counterparts, each of which shall be considered an
original document,
:V�-,��: v��'r �
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EXECUTED AS OF THE LATER DATE B�+LOW:
CI'
By
AT'T`E
�i
sy: � ,� ;
ity Secretary
APPROVED AS TO FOAM AND T�EGALITY:
By:
Assistant City Attdrne�
M&�:� -��r�!!� ''1� I ��.
STATE OF 'F'EXAS
�
-5-
DELTA AERONAUTICS, INC.
Lessee �
By': c�.C�-�-�{+/
c�n�. ed Miloud
7'itle: Pr sidant
Date: � F" �� � �
ATTEST:
By:
-- �
�����i'V��V�`i�� U"'�;`�:�ii�►
. �
�
. :� F
Date: �{� �.,� d Z.
COLJNTY OF TARRANT
BEFORE ME, the ufldersigned authorify, a Natary PubJac in and for the Sta#e of Texas, on this day personally
appeared Khaled Mi[oud, known to me to he tTie person whose name is subscribed to the foregaing instrument, and
ac�anowledged to me that #he same was his act and that he executed the sama as his act for tl�e purposes and consideration
fi�Zerein expressed and in �he capacity therein stated,
GIVEN iJND�R MY HAND AND SEAL OF OFFICE this ��ay of �i-- , po
`` \`���k�t��ii�.r�rr�i����'
+``,."��►�..v..!���,, � I[ �
��y� R P� (t �'�•y � ��
:' �; � �'•�''�' Notary PubIic in ar�d for the Stats af Taxas
- c
STAT� OF T'EXAS = i c�� �� : 1
: �A� �� �
COUNTY �F TARRANT ''r��''� .,,•• �,• . �`��\``
,�� �/���� �����
� ���iirnu}s�t�ti�+� t
B�FORE 1V�, the undersigned aathorjty, a Notary Pnblic in and for the State of Teaas, pn this day
personal�y appeared . ��,��� � , known to me to be the person whose name is subscribed to
the foregoing znst�ment, aiad acknawIedged to me �hat the same was the act af the City pf Fort Worth azkd that he
executed tl�e same as the act af the City af Port Worth far the pwposes an,d considerat'ron therein expressed and in the
capacity therein stated.
GIVEN L7NDER MY HAND AND SEAL �� OF�ICE this�ay pf 'Vlri�rn•Gt�.0 ,�DO�
i�a.�l.��. ��-�
�p�P � R � ROSEL�,A eARNEB� Notary Public in and for the State Qf Texas
�~�'��; Nor,a�Y p�e��e
'��,�ly' State af Texas �
�:�oF „��Carnm. Exp. 03-31-2005 �
4 ,-• . � a -a .
� �. n c IPi� n • i • 1! y'�
— u �
L�A�� S�A��
�elt� Aerenaufiic�, Inc.
�xhibi� _ �
A LLlANCH
�o�r
��AGNA1d �OR'�H
+xrx q�p,4R7'MENT OF
.�YItAT10N
_/
srwxa
SWT� �� DtM€NSIONS
419 — -
(Jetway) �2D'6"x18'6", (91'9"x8'}x2
Storage
19S Unit No. 9
99S Unit Na 10
Total for
T-Hangars
SQ. �i, RA7'� 14lIOt�T� -' YEA� — ,
2,417 $92.62 $2,541.$8 $3Q,�02.54
$10.00 $120.fl0
$2,��1.�8 $30,6�a.�4
�=b�NC�4RS
— — — — mu�v � r�tir — -
QUANYI`f'Y �►�� MONiH Y�AR
1 $270.00 $27D.40 $3,240A0
1 $27Q.Q� $270.04 $3,240.Q0
` $�40.00 $C,480.00
MONib ta MONThI _
' MIaiVT t1�Y
QUAWYITY �a�� �ow�w v�a�
Hircratt
Tie-Dnwns Single or Multi-Engine aircrafit 12,50f} lbs. and under. �Q� ��o3.2a $1,444.�� $17,33�_BO
� i�iA� wifh fihe Jeiway _ $4,536.6� $�4,44�.�94�
8116102
1
�"ity of'1�'o�t Wo�th, Texas
M��or ��d Cour��i[ Comr�u�nica-t«�
bA7� REF�RENCE NUMBER LOG NAME PAG�.
1115102 **L�� �44�� 55DELTA 1 of 9
SUBJ�Ci LEASE AGREEME�iT 1N1TH DELTA AEfiONAUTICS, WC. FOR T-HANGAR UNIT �9S-9
AND T-HANGAR UNIT 19S-10 AT FORT WORTH MEACHAM 1NTERNATIDNAL
AI RP4RT
RECOMMENDATI�N:
It is recommended that the City Co�ncil a�thorize the City Manager to execute a T-Hangar� Leas�
Agreement with Delta Ae�-onautics, Inc. for T-Hangar Unif �95-9 and T-Hangar Unit '[9S-1D at Fort
Worth Meacham Intemational Airpart.
DISCUSSION:
The Aviation Department has received a request from Khaled Miloud, Preside�t of Delta Aeronautics,
Inc. to lease T-Hangar �nit 19S-9 and T-Hangar Unit 19S-10 at For� Warth Meacham International
Airport.
Tatal reven�ae received from this lease will be $540 per month, or $6,48Q per y�ar. Based an an
assumed sfart date of Navember 9, 2002, the revenue fhat wifl be received under fhis lease for the
remainder of the fiscal year is $�,940.
The rent will be adjusted annually on �ctober 1 st ir� accordance with the rate in effect at tha� time. The
term of the agreement will begin on t�e date ofi execution, and expire 5eptemb�r 30, 2Q03. The
agreement wiil aufomatical[y renew for an additional year unfess either party notifies the oti�er 3Q days
in ad�ance of the expiration of its intent to cancel the agreement. All #erms and condifions wilf f�flaw
standard City and A�iatior� Department policies.
Fort Worth Meacham International Airport is lacafed in COUNCIL DISTRICT 2.
FISCAL INFORMATIONICERTIFICATION:
The Finance Director certifies that the Re�enue Office o� the Finance Department will be responsible for
the collection and deposit of funds due to the City under this leas�.
MO:k
$ubmitted for Ciiy Manager's
OTiice by:
Marc Ott
Originating Depariment Head:
Bri[[gette Garrett (Acting)
Addi#ional Informatian Contact:
Luis Elguezabal
I FUND I ACCOUN�'
� {to)
I P E40 4913'I 2
8476
�
5403 I (from)
�
5401 I
C�N'I'ER � AMOUNT
Q552001 $5,940.00
CITY SECRETARY
APP�OVED 1116S/a2