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HomeMy WebLinkAbout064857 - General - Contract - Jets Asia Pacific Services LLCCSC No. 64857 FORT WORTH MEACHAM INTERNATIONAL AIRPORT HANGAR & GROUND LEASE AGREEMENT LEASE SITE 22S This HANGAR AND GROUND LEASE AGREEMENT ("Lease") is made and entered into by and between the CITY OF FORT WORTH ("Lessor"), a home rule municipal corporation situated in Tarrant County, Texas, acting by and through Valerie Washington, its duly authorized Assistant City Manager, and Jets Asia Pacific Services LLC ("Lessee"), a Texas Corporation, acting by and through Jeff Edgar, its duly authorized Owner/Managing Director. RECITALS The following introductory provisions are true and correct and form the basis of this Lease: WHEREAS, on or about December 2, 2025, Lessor and Lessee entered into City Secretary Contract No. (CSC) 64397, a month -to -month hangar and ground lease agreement ("Previous Lease") for approximately 4,500 square feet of ground space, including a 4,550 square foot hangar identified as Lease Site 22S located at Fort Worth Meacham International Airport; WHEREAS, the Lessee has requested and the Lessor has agreed to (i) terminate the Previous Lease, and (ii) execute a new hangar and ground lease agreement for Lease Site 22S with a term of three (3) years with two (2) options to renew for one (1) year each. NOW, THEREFORE, in consideration of the mutual covenants, promises and obligations contained herein, Lessor and Lessee agree as follows: 1. PROPERTY LEASED. 1.1 Leased Premises. Lessor demises and leases to Lessee 4,500 square feet of ground space ("Ground Space"), including a 4,550 square foot hangar ("Hangar") at Fort Worth Meacham International Airport ("Airport") in Fort Worth, Tarrant County, Texas, identified as Lease Site Lease Site 22S ("Premises") located at 4005 Falcon Way W, as shown in Exhibit "A", attached hereto and made a part of this Lease for all purposes. 1.2 Termination of Previous Lease The parties hereby agree that (i) execution of this Lease simultaneously terminates the Previous Lease, (ii) each party releases the other from any further duties and obligations owed one to the other thereunder (specifically including Section 14.4 of the Previous Lease), and (iii) each party acknowledges that the other has fully performed all of its respective duties under the Previous Lease. OFFICIAL RECORD Jets Asia Pacific Services LLC CITY SECRETARY Lease Agreement —Lease Site 22S FT. WORTH, TX Fort Worth Meacham International Airport Page 1 of 16 2. TERM OF LEASE. 2.1. Initial Term. The Initial Term of this Lease shall commence on the Effective Date (defined on the signature page) and expire at 11:59 PM (3) three years following the Effective Date, unless terminated earlier as provided herein. 2.2 Renewals. Upon expiration of the Initial Term of this Lease, Lessee shall have two (2) options to renew for an additional (1) one year each (the "Renewal Term"). In order to exercise an option to renew, Lessee (i) shall notify Lessor in writing of its desire to renew this Lease no less than ninety (90) days and no more than one hundred eighty (180) days prior to the expiration of the Initial Term, and (ii) shall not be in default beyond applicable notice and cure periods at the time Lessee exercises the foregoing option for the Renewal Term. 2.3. Holdover. If Lessee holds over after the expiration of the Initial Term or any Renewal Term, this action will create a month -to -month tenancy. In this event, for and during the holdover period, Lessee agrees to pay all applicable rentals, fees and charges at the rates provided by Lessor's Schedule of Rates and Charges or similarly published schedule in effect at the time of the Holdover. The hangar rate will be adjusted to equal the then Fair Market Value, as determined by Lessor's market analysis. In no case shall the hangar rate be less than the value assessed upon completion of a property appraisal completed by a third -party vendor that has been approved and secured by Lessor. A ten percent (10%) increase will be added to the Fair Market Value rate until a new lease agreement is approved and executed. The holdover period will not exceed six (6) months from the time the current lease agreement expires. Upon the expiration of the holdover period, the City may exercise all legal rights and remedies available, including but not limited to eviction. 3. RENT. 3.1. Rent and Adjustments. Consumer Price Index Adjustments. The rental rates under this Lease are based on Lessor's current published Schedule of Rates and Charges. Rental rates are subject to increase beginning October 1, 2026, and on October lst of any subsequent year during the Initial Term and any Renewal Term, to reflect any upward change in the Consumer Price Index for the Dallas/Fort Worth Metropolitan Area, as announced by the United States Department of Labor or successor agency (i) for the first increase, since the Jets Asia Pacific Services LLC Lease Agreement —Lease Site 22S Fort Worth Meacham International Airport Page 2 of 16 Effective Date of this Lease and (ii) for each subsequent increase, since the effective date of the last increase (the "Annual Rent Adjustment"); provided, however, that Lessee's rental rates shall not exceed the then -current rates prescribed by Lessor's published Schedule of Rates and Charges for a ground lease at the Airport. Five -Year Adjustments, Ground Rate. In addition to the Annual Rent Adjustments, on October 1, 2031, and every fifth (5th) year thereafter for the remainder of the term of the Initial Term (i.e. on October I' of 2036, 2041), the Ground rental rate shall automatically be adjusted to equal the then -current rates prescribed by the Schedule of Rates and Charges. 3.1.1 Hangar Rate Lessee shall commence the payment of rent for the Hangar on the Effective Date. Lessee hereby promises and agrees to pay Lessor, as annual rent for the Hangar, Thirty -One Thousand, Eight Hundred Fifty and no/100 Dollars ($31,850.00) at a rate of $7.00 per square foot, payable in equal monthly installments of Two Thousand Six Hundred and Fifty -Four and 17/100 Dollars ($2,654.17). 3.1.2 Ground Rate Lessee shall commence the payment of rent for the Ground Space on the Effective Date. Lessee hereby promises and agrees to pay Lessor, as annual rent for the Hangar, Two Thousand, Two Hundred Five and no/100 Dollars ($2,205.00) at a rate of $.49 per square foot, payable in equal monthly installments of One Hundred Eighty -Three and 75/100 Dollars ($183.75). 3.2 Rent During Renewal Terms. Rental rates for each Renewal Term shall comply with the rates prescribed for the Premises by Lessor's published Schedule of Rates and Charges in effect at the same time. 3.3. Payment Dates and Late Fees. Monthly rental payments are due on or before the first (1 st) day of each month. Payments must be received during normal working hours by the due date at the location for Lessor set forth in Section 15. Rent shall be considered past due if Lessor has not received full payment after the (loth) day of the month for which payment is due. Without limiting Lessor's termination rights as provided by this Lease, Lessor will assess a late penalty charge of ten percent (10%) per month on the entire balance of any overdue rent that Lessee may accrue. 4. MAINTENANCE AND REPAIRS. Lessee agrees to keep and maintain the Premises in a good, clean and sanitary condition at Jets Asia Pacific Services LLC Lease Agreement —Lease Site 22S Fort Worth Meacham International Airport Page 3 of 16 all times. Lessee, at its own expense, shall arrange for the sanitary transport and permanent disposal away from the Airport of all of Lessee's trash, garbage and refuse. Lessee covenants and agrees that it will not make or suffer any waste of the Premises. Lessee will not pile or store boxes, cartons, barrels or other similar items in a manner that is unsafe or unsightly. Lessee shall be responsible for all damages caused by the negligence or misconduct of Lessee, its agents, servants, employees, contractors, subcontractors, licensees or invitees, and Lessee agrees to fully repair or otherwise cure all such damages at Lessee's sole cost and expense. 5. CONSTRUCTION AND IMPROVEMENTS. Lessee shall not undertake or allow any parry to undertake any kind of alteration, erection, improvement or other construction work on or to the Premises unless it first requests and receives in writing approval from the Airport Systems Director or authorized representative. All such approved construction work on and improvements to the Premises shall fully comply with the Americans with Disabilities Act of 1990, as amended. 5.2. Discretionary Improvements. Lessee may, at its sole discretion, perform modifications, renovations, improvements or other construction work on or to the Premises (collectively, "Improvements") so long as it first submits all plans, specifications and estimates for the costs of the proposed work in writing and also requests and receives in writing approval from the Director of Aviation or authorized representative ("Director"). Lessor agrees to respond in writing to Lessee's requests for approval within thirty (30) calendar days of receipt of such requests. Lessee covenants and agrees that it shall fully comply with all provisions of this Section 4 in the undertaking of any such Improvements. Lessor shall take full title to any Improvements on the Premises upon the expiration or earlier termination of this Lease, provided that trade fixtures shall remain the property of Lessee and may be removed so long as Lessee repairs any damage caused thereby. 5.3. Process for Approval of Plans. Lessee's plans for Improvements shall conform to the Airport's architectural standards and must also receive written approval from the City's Departments of Planning and Development and Transportation and Public Works. All plans, specifications and work shall conform to all federal, state and local laws, ordinances, rules and regulations in force at the time that the plans are presented for review. 5.4. Documents. Lessee shall supply the Director with comprehensive sets of documentation relative to any Improvement, including, at a minimum, as -built drawings of each project. As -built drawings shall be new drawings or redline changes to drawings previously provided to the Director. Lessee shall supply the textual documentation in computer format as requested by Lessor. Jets Asia Pacific Services LLC Lease Agreement —Lease Site 22S Fort Worth Meacham International Airport Page 4 of 16 5.5. Bonds Required of Lessee. Prior to the commencement of any Mandatory Improvement or Improvement, Lessee shall deliver to Lessor a bond, executed by a corporate surety in accordance with Texas Government Code, Chapter 2253, as amended, in the full amount of each construction contract or project. The bond shall guarantee (i) satisfactory compliance by Lessee with all applicable requirements, terms and conditions of this Lease, including, but not limited to, the satisfactory completion of the respective Improvements, and (ii) full payments to all persons, firms, corporations or other entities with whom Lessee has a direct relationship for the construction of such Improvements. In lieu of the required bond, Lessee may provide Lessor with a cash deposit or an assignment of a certificate of deposit in an amount equal to 125% of the full amount of each construction contract or project. If Lessee makes a cash deposit, Lessee shall not be entitled to any interest earned thereon. Certificates of deposit shall be from a financial institution in the Dallas -Fort Worth Metropolitan Area which is insured by the Federal Deposit Insurance Corporation and acceptable to Lessor. The interest earned on the certificate of deposit shall be the property of Lessee and Lessor shall have no rights in such interest. If Lessee fails to complete the respective Improvements, or if claims are filed by third parties on grounds relating to such Improvements, Lessor shall be entitled to draw down the full amount of Lessee's cash deposit or certificate of deposit and apply the proceeds to complete the Improvements or satisfy the claims, provided that any balance shall be remitted to Lessee. 5.6. Bonds Required of Lessee's Contractors. Prior to the commencement of any Mandatory or Discretionary Improvement, Lessee's respective prime contractor shall execute and deliver to Lessee surety performance and payment bonds in accordance with the Texas Government Code, Chapter 2253, as amended, in the amount of the respective contract price to cover the costs of all work performed under such contractor's contract for such Improvements. Lessee's prime contractor shall also furnish a maintenance bond in an amount equal to the contract price as security to protect Lessor against any defects in any portion of the improvements. The maintenance bond shall remain in effect for two (2) years after the date of final acceptance of the improvement by the Lessor. Lessee shall provide Lessor with copies of such bonds prior to the commencement of such Improvements. The bonds shall guarantee (i) the faithful performance and completion of all construction work in accordance with the final plans and specifications as approved by Lessor and (ii) full payment for all wages for labor and services and of all bills for materials, supplies and equipment used in the performance of the construction contract. Such bonds shall name both Lessor and Lessee as dual obligees. If Lessee serves as its own contractor, Section 4.5. shall apply. Jets Asia Pacific Services LLC Lease Agreement —Lease Site 22S Fort Worth Meacham International Airport Page 5 of 16 5.7. Releases by Lessor Upon Completion of Construction Work. Lessor will allow Lessee a dollar -for -dollar reimbursement from its cash deposit account or reduction of its claim upon Lessor's certificate of deposit upon (i), where Lessee serves as its own contractor, verification that Lessee has completed construction work or (ii), where Lessee uses a contractor, receipt of the contractor's invoice and verification that the contractor has completed its work and released Lessee to the extent of Lessee's payment for such work, including bills paid, affidavits and waivers of liens. 6. INSPECTION AND ACCEPTANCE OF PREMISES. 6.1. Inspections. Lessor, through its officers, agents, servants or employees, reserves the right to enter the Premises at any time in order to perform any and all duties or obligations which Lessor is authorized or required to do under the terms of this Lease or to perform its governmental duties under federal, state or local rules, regulations and laws (including, but not limited to, inspections under applicable Health, Mechanical, Building, Electrical, Plumbing and Fire Codes or other health, safety and general welfare regulations). Lessor shall provide Lessee with a combination lock. Lessor shall provide Lessee with advance notice of inspection when reasonable under the circumstances. Lessee will permit the Fire Marshall of the City of Fort Worth or his agents to make inspection of the Premises at any time, and Lessee will comply with all recommendations made to Lessee by the Fire Marshal or his agents to bring the Premises into compliance with the City of Fort Worth Fire Code and Building Code provisions regarding fire safety, as such provisions exist or may hereafter be amended. Lessee shall maintain in a proper condition accessible fire extinguishers of a number and type approved by fire underwriters for the particular hazard involved. 6.2. Environmental 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 fully advised of its own rights without reliance upon any representation made by Lessor concerning the environmental condition of the Premises. Lessee, at its sole cost and expense, agrees that it shall be fully responsible for the remediation of any violation of any applicable federal, state or local government environmental regulations or standards that is caused by Lessee, its officers, agents, servants, employees, contractors, subcontractors or invitees. 6.3. Acceptance In addition to Section 6.2, Lessee represents to Lessor that Lessee has inspected the Premises and is fully advised of its own rights without reliance upon any representation Jets Asia Pacific Services LLC Lease Agreement —Lease Site 22S Fort Worth Meacham International Airport Page 6 of 16 made by Lessor concerning the condition of the Premises. Lessee accepts the Premises in their present condition as satisfactory for all purposes set forth in this Lease. 7. PARKING. All motor vehicles at the Airport must be parked in areas designated as motor vehicle parking areas. 8. USE OF PREMISES. Lessee hereby agrees to use the Premises solely for aviation -related purposes only and strictly in accordance with the terms and conditions of this Lease. 9. RIGHTS AND RESERVATIONS OF LESSOR. Lessor hereby retains the following rights and reservations: 9.1. All fixtures and items permanently attached to any structure on the Premises belong to Lessor, and any additions or alterations made thereon shall immediately become the property of Lessor. 9.2. Lessor reserves the right to close temporarily the Airport or any of its facilities for maintenance, improvements, safety or security of either the Airport or the public or for any other cause deemed necessary by Lessor. In this event, Lessor shall in no way be liable for any damages asserted by Lessee, including, but not limited to, damages from an alleged disruption of Lessee's business operations. 9.3. This Lease shall be subordinate to the provisions of any existing or future agreement between Lessor and the United States Government which relates to the operation or maintenance of the Airport and is required as a condition for the expenditure of federal funds for the development, maintenance or repair of Airport infrastructure. 9.4. During any war or national emergency, Lessor shall have the right to lease any part of the Airport, including its landing area, to the United States Government. In this event, any provisions of this instrument which are inconsistent with the provisions of the lease to the Government shall be suspended. Lessor shall not be liable for any loss or damages alleged by Lessee as a result of this action. However, nothing in this Lease shall prevent Lessee from pursuing any rights it may have for reimbursement from the United States Government. 9.5 Lessee's rights hereunder shall be subject to all existing and future utility easements and rights -of -way granted by Lessor for the installation, maintenance, inspection, repair or removal of facilities owned by operated by electric, gas, water, sewer, communication or other utility companies. Lessee's rights shall additionally be subject to all rights granted by all ordinances or statutes which allow such utility companies to use publicly owned property for the provision of utility services. Jets Asia Pacific Services LLC Lease Agreement —Lease Site 22S Fort Worth Meacham International Airport Page 7 of 16 9.6. Lessor covenants and agrees that during the term of this Lease it will operate and maintain the Airport and its facilities as a public airport consistent with and pursuant to the Sponsor's Assurances given by Lessor to the United States Government through the Federal Airport Act; and Lessee agrees that this Lease and Lessee's rights and privileges hereunder shall be subordinate to the Sponsor's Assurances. 10. INSURANCE. Lessee shall procure and maintain at all times, in full force and effect, a policy or policies of insurance as specified herein, naming the City of Fort Worth as an additional insured and covering all public risks related to the leasing, use, occupancy, maintenance, existence or location of the Premises. Lessee shall obtain the required insurance specified to be maintained by a commercial tenant in accordance with Exhibit "B", the "City of Fort Worth Aviation Insurance Requirements" attached hereto and made part of this Lease for all purposes. In addition, Lessee shall be responsible for all insurance to construction, improvements, modifications or renovations to the Premises and for personal property of its own or in its care, custody or control. 10.1 Adjustments to Reauired Coverage and Limits. Insurance requirements, including additional types of coverage and increased limits on existing coverage, are subject to change at Lessor's option and as necessary to cover Lessee's and any Sublessees' operations at the Airport. Lessee will accordingly comply with such new requirements within thirty (30) days following notice to Lessee. 10.2 Lessee shall procure and maintain at all times, in full force and effect, a policy or policies of insurance as more particularly set forth in Exhibit "B", which is attached hereto and incorporated herein for all purposes. 10.3 As a condition precedent to the effectiveness of this Lease, Lessee shall furnish Lessor with appropriate certificates of insurance signed by the respective insurance companies as proof that it has obtained the types and amounts of insurance coverage required herein. Lessee hereby covenants and agrees that not less than thirty (30) days prior to the expiration of any insurance policy required hereunder, it shall provide Lessor with a new or renewal certificate of insurance. In addition, Lessee shall, at Lessor's request, provide Lessor with evidence that it has maintained such coverage in full force and effect. 11. INDEPENDENT CONTRACTOR. It is expressly understood and agreed that Lessee shall operate as an independent contractor as to all rights and privileges granted herein, and not as an agent, representative or employee of Jets Asia Pacific Services LLC Lease Agreement —Lease Site 22S Fort Worth Meacham International Airport Page 8 of 16 Lessor. Lessee shall have the exclusive right to control the details of its operations and activities on the Premises and shall be solely responsible for the acts and omissions of its officers, agents, servants, employees, contractors, subcontractors, patrons, licensees and invitees. Lessee acknowledges that the doctrine of respondeat superior shall not apply as between Lessor and Lessee, its officers, agents, employees, contractors and subcontractors. Lessee further agrees that nothing herein shall be construed as the creation of a partnership or joint enterprise between Lessor and Lessee. 12. INDEMNIFICATION. LESSEE HEREBY ASSUMES ALL LIABILITY AND RESPONSIBILITY FOR PROPERTY LOSS, PROPERTY DAMAGE AND/OR PERSONAL INJURY OF ANY KIND, INCLUDING DEATH, TO ANY AND ALL PERSONS, OF ANY KIND OR CHARACTER, WHETHER REAL OR ASSERTED, ARISING OUT OF OR IN CONNECTION WITH THE USE OF THE AIRPORT UNDER THIS LEASE OR WITH THE LEASING, MAINTENANCE, USE, OCCUPANCY, EXISTENCE OR LOCATION OF THE PREMISES, EXCEPT TO THE EXTENT CAUSED BY THE NEGLIGENT ACTS OR OMISSIONS OR INTENTIONAL MISCONDUCT OF LESSOR. LESSEE COVENANTS AND AGREES TO, AND DOES HEREBY, INDEMNIFY, HOLD HARMLESS AND DEFEND LESSOR, ITS OFFICERS, AGENTS, SERVANTS AND EMPLOYEES, FROM AND AGAINST ANY AND ALL CLAIMS OR LAWSUITS FOR EITHER PROPERTYDAMAGE OR LOSS (INCLUDINGALLEGED DAMAGE OR LOSS TO LESSEE'S BUSINESS AND ANY RESULTING LOST PROFITS) AND/OR PERSONAL INJURY, INCLUDING DEATH, TO ANY AND ALL PERSONS, OF ANY KIND OR CHARACTER, WHETHER REAL OR ASSERTED, ARISING OUT OF OR IN CONNECTION WITH THE USE OF THE AIRPORT UNDER THIS LEASE OR WITH THE LEASING, MAINTENANCE, USE, OCCUPANCY, EXISTENCE OR LOCATION OF THE PREMISES, EXCEPT TO THE EXTENT CAUSED BY THE NEGLIGENT ACTS OR OMISSIONS OR INTENTIONAL MISCONDUCT OF LESSOR. LESSEE ASSUMES ALL RESPONSIBILITY AND AGREES TO PAY LESSOR FOR ANY AND ALL INJURY OR DAMAGE TO LESSOR'S PROPERTY WHICH ARISES OUT OF OR IN CONNECTION WITH ANY AND ALL ACTS OR OMISSIONS OF LESSEE, ITS OFFICERS, AGENTS, EMPLOYEES, CONTRACTORS, SUBCONTRACTORS, LICENSEES, INVITEES, PATRONS OR TRESPASSERS, EXCEPT TO THE EXTENT CAUSED BY THE NEGLIGENTACTS OR OMISSIONS OR INTENTIONAL MISCONDUCT OF LESSOR. LESSOR DOES NOT GUARANTEE POLICE PROTECTION TO LESSEE OR ITS PROPERTY. LESSOR SHALL NOT BE RESPONSIBLE FOR INJURY TO ANY PERSON ON THE PREMISES OR FOR HARM TO ANY PROPERTY WHICH BELONGS TO LESSEE, ITS OFFICERS, AGENTS, SERVANTS, EMPLOYEES, CONTRACTORS, SUBCONTRACTORS, LICENSEES, INVITEES OR PATRONS, AND WHICH MAY BE STOLEN, DESTROYED OR IN ANY WAY DAMAGED; AND LESSEE HEREBY INDEMNIFIES AND HOLDS HARMLESS LESSOR, ITS OFFICERS, AGENTS, SERVANTS AND EMPLOYEES FROM AND AGAINST ANY AND ALL SUCH CLAIMS, EXCEPT TO Jets Asia Pacific Services LLC Lease Agreement —Lease Site 22S Fort Worth Meacham International Airport Page 9 of 16 THE EXTENT CAUSED BY THE NEGLIGENT ACTS OR OMISSIONS OR INTENTIONAL MISCONDUCT OF LESSOR. 13. WAIVER OF CHARITABLE IMMUNITY OR EXEMPTION. If Lessee, as a charitable association, corporation, partnership, individual enterprise or entity, claims immunity to or an exemption from liability for any kind of property damage or personal damage, injury or death, Lessee hereby expressly waives its rights to plead defensively any such immunity or exemption as against Lessor. 14. TERMINATION. In addition to any termination rights provided herein, this Lease may be terminated as follows: 14.1. By Either Party. Lessor or Lessee may terminate this Lease for any reason, to be effective on the expiration date of the term in effect at the time, by providing the other party with written notice not less than thirty (30) days prior to the effective date of such termination. 14.2. Failure to Pay Rent. If Lessee fails to pay rent for the Premises in accordance with Section 3, Lessor shall provide Lessee with a written statement of the amount due. Lessee shall have ten (10) calendar days following notice to pay the outstanding balance. If Lessee fails to pay the full amount within such time, Lessor shall have the right to terminate this Lease immediately. 14.3. Breach or Default by Lessee. If Lessee commits any breach or default under this Lease, other than a failure to pay rent, Lessor shall deliver to Lessee a written notice specifying the nature of such breach or default. Lessee shall have thirty (30) calendar days following notice to cure, adjust or correct the problem to the satisfaction of Lessor. If Lessee fails to cure the breach, default or failure within the time period prescribed, Lessor shall have the right to terminate this Lease immediately. 14.4. Rights of Lessor Upon Termination or Expiration. Upon the termination or expiration of this Lease, all rights, powers and privileges granted to Lessee hereunder shall cease and Lessee shall immediately vacate the Premises. Lessee agrees that it will return the Premises and all appurtenances and improvements thereon in good order and repair and in the same condition as existed at the time this Lease was entered into, subject to ordinary wear and tear. Lessor shall have the immediate right to take full possession of the Premises, by force if necessary, and to remove any and all parties remaining on any part of the Premises without further legal process and without being liable Jets Asia Pacific Services LLC Lease Agreement —Lease Site 22S Fort Worth Meacham International Airport Page 10 of 16 for trespass or any other claim. Lessor shall also have the right to remove any and all fixtures or equipment that may be found within or upon the Premises without being liable therefor. Lessee agrees that it will assert no claim of any kind against Lessor, its agents, servants, employees or representatives, which may stem from Lessor's termination of the Lease or any act incident to Lessor's assertion of its right to terminate. 15. NOTICES. Notices required pursuant to the provisions of this Lease shall be conclusively determined to have been delivered when (1) hand -delivered to the other parry, its agents, employees, servants or representatives, or (2) deposited in the United States Mail, postage prepaid, addressed as follows: To LESSOR: City of Fort Worth Aviation Department 201 American Concourse, Suite 330 Fort Worth, Texas 76106 To LESSEE: Jets Asia Pacific Services LLC 5900 Balcones Drive STE 100 Austin, TX 78731 302-642-6624 / J.Edgar@Jets-ap.com Payments are to be sent to the address below unless otherwise directed on monthly invoices. City of Fort Worth PO Box 99005 Fort Worth, TX 76199-0005 16. ASSIGNMENT. 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 consent of Lessor. Any attempted assignment without prior written consent by Lessor shall be null and void. If Lessor consents to any assignment, all terms, covenants and agreements set forth in this Lease shall apply to the assignee, and said assignee shall be bound by the terms and conditions of this Lease the same as if it had originally been a party to it. 17. LIENS BY LESSEE. Lessee acknowledges that it has no authority to engage in any act or to make any contract which may create or be the foundation for any lien upon the property or interest in the property of Lessor. If any such purported lien is created or filed, Lessee, at its sole cost and expense, shall liquidate and discharge the same within thirty (30) days of such creation or filing. Lessee's failure to discharge any such purported lien shall constitute a breach of this Lease and Lessor may terminate this Lease immediately. However, Lessee's financial obligation to Lessor to liquidate and discharge such lien shall continue in effect following termination of this Lease and until such a time as the lien is discharged. Jets Asia Pacific Services LLC Lease Agreement —Lease Site 22S Fort Worth Meacham International Airport Page 11 of 16 18. TAXES AND ASSESSMENTS. Lessee agrees to pay any and all federal, state or local taxes or assessments which may lawfully be levied against Lessee due to Lessee's use or occupancy of the Premises or any improvements or property placed on the Premises by Lessee as a result of its occupancy. 19. COMPLIANCE WITH LAWS, ORDINANCES, RULES AND REGULATIONS. Lessee covenants and agrees that it shall not engage in any unlawful use of the Premises. Lessee further agrees that it shall not permit its officers, agents, servants, employees, contractors, subcontractors, patrons, licensees or invitees to engage in any unlawful use of the Premises and Lessee immediately shall remove from the Premises any person engaging in such unlawful activities. Unlawful use of the Premises by Lessee itself shall constitute an immediate breach of this Lease. Lessee agrees to comply with all federal, state and local laws; all ordinances, rules and regulations of City of Fort Worth and the City of Fort Worth Police, Fire and Health Departments; all rules and regulations established by the Airport Systems Director and authorized designee; and all rules and regulations adopted by the City Council pertaining to the conduct required at airports owned and operated by the City, as such laws, ordinances, rules and regulations exist or may hereafter be amended or adopted. If Lessor notifies Lessee or any of its officers, agents, employees, contractors, subcontractors, licensees or invitees of any violation of such laws, ordinances, rules or regulations, Lessee shall immediately desist from and correct the violation. 19.1 Compliance with Minimum Standards and Schedule of Rates and Charges: Lessee hereby agrees to comply at all times with the City's Minimum Standards, as may be adopted by the City Council from time to time. Lessee shall be bound by any charges adopted in the City's Schedule of Rates and Charges, as may be adopted by the City Council from time to time. 20. NON-DISCRIMINATION COVENANT. Lessee, for itself, its personal representatives, successors in interest and assigns, as part of the consideration herein, agrees as a covenant running with the land that no person shall be excluded from participation in or denied the benefits of Lessee's use of the Premises on the basis of age, race, color, national origin, religion, disability, sex, sexual orientation, transgender, gender identity or gender expression. Lessee further agrees for itself, its personal representatives, successors in interest and assigns that no person shall be excluded from the provision of any services on or in the construction of any improvements or alterations to the Premises on grounds of age, race, color, national origin, religion, disability, sex, sexual orientation, transgender, gender identity or gender expression. Lessee agrees to furnish its accommodations and to price its goods and services on a fair and equal basis to all persons. In addition, Lessee covenants and agrees that it will at all times comply with any requirements imposed by or pursuant to Title 49 of the Code of Federal Jets Asia Pacific Services LLC Lease Agreement —Lease Site 22S Fort Worth Meacham International Airport Page 12 of 16 Regulations, Part 21, Non -Discrimination in Federally Assisted Programs of the Department of Transportation and with any amendments to this regulation which may hereafter be enacted. If any claim arises from an alleged violation of this non-discrimination covenant by Lessee, its personal representatives, successors in interest or assigns, Lessee agrees to indemnify Lessor and hold Lessor harmless. 21. GOVERNMENTAL POWERS. It is understood and agreed that by execution of this Lease, City of Fort Worth does not waive or surrender any of its governmental powers. 22. NO WAIVER. The failure of Lessor to insist upon the performance of any term or provision of this Lease or to exercise any right granted herein shall not constitute a waiver of Lessor's right to insist upon appropriate performance or to assert any such right on any future occasion. 23. VENUE AND JURISDICTION. Should any action, whether real or asserted, at law or in equity, arise out of the terms of this Lease or by Lessee's operations on the Premises, venue for such action shall lie in state courts located in Tarrant County, Texas, or the United States District Court for the Northern District of Texas, Fort Worth Division. This Lease shall be construed in accordance with the laws of the State of Texas. 24. ATTORNEYS' FEES. In the event there should be a breach or default under any provision of this Lease and either party should retain attorneys or incur other expenses for the collection of rent, fees or charges, or the enforcement of performance or observances of any covenant, obligation or agreement, Lessor and Lessee agree that each party shall be responsible for its own attorneys' fees. 25. SEVERABILITY. If any provision of this Lease shall be held to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired. 26. FORCE MAJEURE. Lessor and Lessee shall exercise every reasonable effort to meet their respective obligations as set forth in this Lease, but shall not be held liable for any delay in or omission of performance due to force majeure or other causes beyond their reasonable control, including, but not limited to, compliance with any government law, ordinance or regulation, acts of God, acts of omission, fires, Jets Asia Pacific Services LLC Lease Agreement —Lease Site 22S Fort Worth Meacham International Airport Page 13 of 16 strikes, lockouts, national disasters, wars, riots, material or labor restrictions, transportation problems and/or any other cause beyond the reasonable control of Lessor or Lessee. 27. ENTIRETY OF AGREEMENT. This written instrument, including any documents incorporated herein by reference, contains the entire understanding and agreement between Lessor and Lessee, its assigns and successors in interest. Any prior or contemporaneous oral or written agreement is hereby declared null and void. This Lease shall not be amended unless agreed to in writing by both Lessor and Lessee. 28. RIGHT TO AUDIT. Upon Lessor's request and following reasonable advance notice, Lessee will make such books and records pertaining to this Lease available for review by Lessor during Lessee's normal business hours. Lessor, at Lessor's sole cost and expense, shall have the right to audit such books and records in order to ensure compliance with the terms of this Lease and the Sponsor's Assurances made by Lessor to the Federal Aviation Administration. 29. SIGNATURE AUTHORITY. The person signing this agreement hereby warrants that he/she has the legal authority to execute this agreement on behalf of the respective party, and that such binding authority has been granted by proper order, resolution, ordinance or other authorization of the entity. Each party is fully entitled to rely on these warranties and representations in entering into this Agreement or any amendment hereto. 30. CHAPTER 2270 OF THE TEXAS GOVERNMENT CODE. Lessee acknowledges that in accordance with Chapter 2270 of the Texas Government Code, the City is prohibited from entering into a contract with a company for goods or services unless the contract contains a written verification from the company that it: (1) does not boycott Israel; and (2) will not boycott Israel during the term of the contract. The terms "boycott Israel" and "company" shall have the meanings ascribed to those terms in Section 808.001 of the Texas Government Code. By signing this Lease, Lessee certifies that Lessee's signature provides written verification to the City that Lessee: (1) does not boycott Israel; and (2) will not boycott Israel during the term of the Lease. (Signature pages to follow) Jets Asia Pacific Services LLC Lease Agreement —Lease Site 22S Fort Worth Meacham International Airport Page 14 of 16 IN WITNESS WHEREOF, the parties hereto have executed this Agreement in multiples on this the 11 th day of March , 2026. CITY OF FORT WORTH: Ilan. (L)� By: Valerie Washington (Mar 11, 2026 15:28:43 CDT) Valerie Washington Assistant City Manager Date: 03/11 /2026 STATE OF TEXAS COUNTY OF TARRANT By: Roger M. Venables Aviation Systems Director BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared Valerie Washington, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that the same was the act of the City of Fort Worth and that he executed the same as the act of the City of Fort Worth for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this 11 th day of March , 2026. e�YP�a, ANGELA D. CHRISP a � Notary Public + & + STATE y TEXAS �? GVV� ?q NotaryI.D. 134812443 931OF �" My ComExp. Mar. 18, 2028 APPROVED AS TO FORM AND LEGALITY: Candace Tgg4layg By: Candace Pagliara (Mar 11, 2626 14 Candace Pagliara Assistant City Attorney M&C: 26-0189 Date: 03/10/2026 1295 Certificate Number: 2025-1399218 Jets Asia Pacific Services LLC Lease Agreement —Lease Site 22S Fort Worth Meacham International Airport Page 15 of 16 i Notary Public in and for the State of Texas ATTEST: ooF sceTb°Ar A > O9a0 By: Jannette S. Goodall CC City Secretary CC OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Contract Compliance Manager: By signing, I acknowledge that I am the person responsible for the monitoring and administration of this contract, including ensuring all performance and reporting requirements. Barbara Goodwin Real Property Manager LESSEE: ATTEST: JETS ASIA PACIFIC SERVICES LLC ' I&fd w f By: Jeff Aclar (Feb 026 10:20:28 CST) Jeff Edgar Owner/Managing Director Date: STATE OF TEXAS COUNTY OF Tarrant BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared Jeff Edgar known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that the same was the act of Jets Asia Pacific Services LLC and that s/he executed the same as the act of Jets Asia Pacific Services LLC for the purposes and consideration therein expressed and, in the capacity, therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this 4th day of February , 2026. Arigella D. Chrisp Angela . Chrisp (Feb 4, 2026 10:22:28 CST) Notary Public in and for the State of Texas o�Pav>�a` ANGELA D. CHRISP _ pp Notary Public * 'O[7 * STATE OF TEXAS '? GVV NotaryI.D. 134812443 9�OF My ComExp. Mar. 18, 2028 Jets Asia Pacific Services LLC Lease Agreement —Lease Site 22S Fort Worth Meacham International Airport Page 13 of 16 EXHIBIT A Jets Asia Pacific Services LLC Lease Agreement —Lease Site 22S Fort Worth Meacham International Airport Page 14 of 16 FoRT'WORTH ,h4'IA1 I4'3Iw EXHIBIT B EXHlBIT B -MINIMUM INSURANCE REGU REMENTS Property Canes l langsrkeapa s ETnvircnman[3i AIFCFZA and IFasseruyea Auoo goWe Liahiiity {Tu C�egn Insurarres Gertarsl Laity' Liatklrty IncludE Hired & Nan-mned e Lisbifity y VEhiclses) Food Base Operators(FEO's) YES S$.O 0,15M 95.M0,000 $1.0m,000 1,Oo0,0o0 Aucraft MauitenayE<e Clperathrind Avirntic=_ ff 1nsvttrreart kFa a 3t,041o,0 31,0w00Q 1,0040m O rataT-Plstom A4rrrreft Maeder Opa-abrand Avionics cr IrrstrTuri nt Mhakytename 55.0€ 0.0w S4.0fl bo S 1.000.000 4 rater -Turbine AvioniicscrinetruffKwaManutwarvae $f,00D,Dal S 1J300.o00 Operator (Bemcht Octty'1 Aircraft Rental or Fligk Training S1 000,0013nc�rnrenrs Oparabw s1.o00.0oL"" S 1,1300.0m $100,o4alpmssanger Aircraft Charter or Aircraft ES5.00 rr 0,0011kxc ence S1,s7o0A00 S 1,000,000 $500,0001paarrsrqer Management Operate Aa.craftSaizsOperakr S1,00o,000 S1.d00.00Uroo�imer s S 1,@00,000 . 51.�0.00C' S1.43Ci0,00E1 Aircraft Storage Opera s5,000_oOC` S5.Oiid.�D[!0' S 1J30ti,000 Aviation Service Sow Prcxeo3r 31.�00.001} i1.o0U.00pfacu®nanoe " 250.400 $10000�passEngPr' OdwCarimereealAer€naLewel St,000.0130 $300.00wcccuenance y 1,0 .om Activities Temporary SpecofzedAviaton St,CIOCI,CXio 3700.01)fUaccAuaEnoe 5 1,000,0o0 39rw1GE O Nat-Commercisi Hargar Lessee S3(10.0o01arsu enoe S 1,10DO.ofi0 Non,Co nmerciai Flpng Club St,000,000AarzErrenca $ 1=.0DO 51i00.u" Non-"rimeceia849-Fuaiwg a 5 t,0M,1L'r=. $t, 1M.MC S 1,0w.wo Permalea Jet AwaaQ Non -Co imemial Seat-Fuatirg PerinAee s $S1o,0L10 j300..000Jooarrrence S 250MU Altarzt m Fuels e.0 rn I3oxHangar,T-Hangar. Community S Oo,0007oowrrencag 5 750.000 Her Ether 'Insurance ragweirp"Tte subject to detEnrr aton ay Av.-Aron Departrnsnt and Risk Menagenent Acldit wA Insurance RequirEmanLs +Lssse.e s policies are to he primary Litany other valid and m98CW3le uw-UMm avele6ls la the City -All pokkm stall LmAuds a Waiver of Submgatran in laver of the City Femponry SABO must also irximte Airport Lesseal -The City of Fact WDrth shaft be named seAdditoreatl Insured (Temporary WD must also include Airpnn Ler =eEi -Potinom shall have nn eadtaNxis b� indorsement mM ch _ neAher miffify nr amend tkes mquired Imes of caw=_rage, nor decrease the limits of said coverage CmwEge per aircraft shwA he equiaelem to the a mageairctafi valueat am time end coverage per cccurwoe shattd he equivalent to the average al the m®drnum valueodtotel aircraTtae cna ume. but not less that the amount nomad above ' t klSt EVAK19VAM*gaet In1FVU bW CCVBrEge ' II airuefts7oiageuparralrr is prowAng suUeaearg space f€x aimra€l stRege Only negated for t#lose proAding Fght rnstmiu6 n ' Oepubds on hates of dtE lease agreeuwnt " If velelcle parked latdside- State minimums would aWV Aviation Minimum Standards, Crtyof Fr t WnFM Aviahm DeparhnwaTt(OB)Ii3Midj Jets Asia Pacific Services LLC Lease Agreement —Lease Site 22S Fort Worth Meacham International Airport Page 15 of 16 DEFINITIONS: C.ovefage fr7:rthe BtFllrtg x;cludes (brit M rnot umv.ert lcq tare buildirg and Mkaiires, compldlad ad MOM to Co4W6d tiL&Irgs, autdour fuchiites, permartaerify Installed flMities, machinery and equ#imerit. Tins buRdktg material used tct htakYWin and sd nvleo the mwed's premises Is also insured. RuMnets Personal Property owndd by lira Insured and usod m tare insured's bustnesx is covered fa direct kiss or damage_ The covarago mdudes Idea is not limited to) Iurntture and Mules_ slack, tnprovsmants and Inetlnrmonis, Ieaseed ptoprarty for which you have a ccntraUml obligatadn to Inture and severalothw &4Y: iL f brlwmass property itcens wheh nuu specifically exckwod from emfage. The Putney is also dosgerdti to ProtErct the wrstwed against loses or damage to tNE Pibtsonai Pfoperly of Others while th the irtgUrad'S CAM, custody and Mfttr 01. PROPLRTY INSURANCE &illness Ir,00me (sometiroes caved Business ihlerruptlon j affords prdtaction agalst the km4 of raa rrrctgs of a buslnew. during the lime rogulred tit rebuild or apple cowerod property daEnagad an dasbayad by fire Or Mr ntr O tar insurbd Cause of kiss_ Extra Esipertse allows coverage far ihine additional exper*e4 over artd abiwe rxifmal opwatfg ex'xiftses paid due to damaga to crneted pto rty from a cowited cause of doss. Those Cxpsrmes could law u g rend rdildmri. InWMV expenses. telephone, advedistng and faWr. This coverage protects the irssimed for buddy Injury f,r propuf ty damage to the third pafties, fof which they aso regally liable.. 'The Pd.JCV MVffrs ACCIdShLS UCCurrlrtg On Cho promises or away tram the pfemrses.. Eovetags 45 provided for ihiury or darrragas arising out of goods or pmducts made ur solo by the named imsiueHd. Coverage is afforded for t1w named hsurCd and emphayees of the named Insswod; huwesvrre, sevorat vxiiwtdoals and ore ahkratians other than the named Insured may be cowerad dapendrng upon cdrlaln circumstances spe-died In Cher policy. In addltloh to the Units, the policy provides suppiemehlal pQyrtnants for altorney feces. ntiur4 costs and Other expensas asxa�.ted with a ckallo or the defe to of a 11abllay Sant. Coverage A - Fladlly Lrtfvey and Pmpetty Damagw Wabillty COMMIER 1+AL SAL 8odIly Injury mrrarts physicai injury. s!ukross or disease. induduig death. Property damage mdartsithyslc aI Tolley 10 tangibkt propbrl.y, ihdudrnsa trio IesuUM lost; al use ui that property. LIABILITY Coverage B - Personal Injury and Advertising Injury UabWty Nrsonal Injury means Faso aefest. makekitrs proteculron, wrrmgfui entry of ervlcwm hbol- Varider and violabons of e poison's rkgfd of privacy.. Adveitlslrig Intury means IOul_ slandenr, drsparagdrne4t vxdatorss of a person's right or privacy, n1k58pproprlatlon and copyright knfri tgemdnt. Coverage C - Med" trstymeoid Madrtat Payments meads nieidrat expenses for bodily injury rausi!od by an aeciddnt. Insures the hangw nperator for legal obhgalvirrs to paydamagas dtm tin losg to an aacrall Thal isccufs when the I3ANGARKTEP[R5 aircraft Is In the Care, curstddyor cat of of the Insured fur safokbe#rhng, siorags, zdrvlco Or repair. Covmaga LIABILITY oiaerils m kablllly daimt onvolvir* an amcrWs loss or use. Ihsurtrs the pollution exposan associated avflh the imoorrs ptaperty and operaLicim, Ircludrtg costs. of cleanup and I omedral or corfeethro aetlort due to a flnrd-party derknaho or a govemiruint ottier. The PoMutlim eprluse r err general INVIi1DMI N.TrAL ilablllty insurance effrtiOt veiy &[innt,nates covotago fw damages for bodily Injury. properly damages and cftranup costs IMPIRIVIENT LIABILITY atising from moe types of polUinh dvbnl5. Bboause of this, ClrStdmtYed PfItedllon for like. pollultory expzmaa of nurnemWE Insureds in this catsgory ks essergal C wage geared sMdflcally td the operation of aircraft and the finks nmmtabd In avialrnn. Avlati m insurance pok s are drstmcWd0erent from those for cow areas of trarispastabon and tend to incutporate avaatkm AIRCRAFT AND termtnrilogy, as vmU as lormmoldgy, limits and tiauses speclBc to aviation insuranoo. Passenger &ability protects PASSENGER IIABI= PaswNof's Ildlrig In the accadenl alrraaft who aid uijured or loped. hn marry couratles this coverage is mandatory nnty for canifnetew or la" aircraft Coverage is often sold on a -per-seat` baste_ with a specdied Iknk for each #assenger steal The kabiply covafage of tiro Business Auto Pol" provides prolerHon &garret Legal IlabBy aresirrg out of Vw AUTOMOBILE UABRITY overmrslvp, malrllenancis of use of any Insured automobile. The wrsiwlng agreement agree& to pay far bodily nyrxy ILO INCLUDE HIRED & cc property damage for whNi the Insured Is IagaBy respohs.ihfe because of an of idmobm aoraderit. Tlso po!e:y am states that. irk addiipon to the payment of damage&. lnd e5swel aiso agE*" to da, orldl ttw Insured flit all legal NC3Itii-f7W1 TEI} VIRIQESi defense cost. The defense is in addition to the policy limits_ An agreement balween Ivtti pwtlirs in which ones party a jm4n to waivebr suogatku, rights against anouter in 1ha AI 'III OF evrerd of a loss_ The intenli6 to preib L one pae2y's Insuaef from pttrsrvhv stbrogation agamstMe othdt party. SUBROGATION Aviation MIrurnum Standards, Citynf Fan Wc!nh Aviation Deinarzmart ([3td68iM14) Jets Asia Pacific Services LLC Lease Agreement —Lease Site 22S Fort Worth Meacham International Airport Page 16 of 16 M&C Review Page 1 of 2 A CITY COUNCIL AGEND Create New From This M&C Official site of the City of Fort Worth, Texas FORTWORTH �Y REFERENCE **M&C 26- 55FTW JETS ASIA PACIFIC DATE: 3/10/2026 NO.: 0189 LOG NAME: SRVCS LLC HGR AND GRND LSE, SITE 22S CODE: C TYPE: CONSENT PUBLIC NO HEARING: SUBJECT: (CD 2) Authorize Execution of a New Hangar and Ground Lease Agreement for Approximately 4,500 Square Feet of Ground Space Including a 4,550 Square Foot Hangar Known as Lease Site 22S with Jets Asia Pacific Services LLC at Fort Worth Meacham International Airport RECOMMENDATION: It is recommended that the City Council authorize execution of a new hangar and ground lease agreement for approximately 4,500 square feet of ground space, including a 4,550 square foot hangar known as Lease Site 22S with Jets Asia Pacific Services LLC at Fort Worth Meacham International Airport. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to recommend that the City Council authorize execution of a new three (3) year hangar and ground lease agreement to include two (2) one (1) year options to renew with Jets Asia Pacific Services LLC (Jets Asia) for Lease Site 22S located at Fort Worth Meacham International Airport. On or about September 4, 2025, Aviation staff received a proposal from Jets to lease Lease Site 22S located at Fort Worth Meacham International Airport. Lease Site 22S consists of a 4,550 square foot two-story hangar on 4,500 square feet of ground space. The City and Jets Asia now wish to enter into a new hangar and ground lease agreement that will commence upon execution of the agreement, for a three (3) year lease term with two (2) one (1) year options to renew. In preparation of the new lease agreement, a third -party appraiser performed an appraisal on the property to establish current fair market value for the hangar. Annual Revenue generated from the hangar is approximately $31,850.00, paid in monthly installments of approximately $2,654.17. Annual Revenue from the ground space is approximately $2,205.00, paid in monthly installments of approximately $183.75. Rates are in accordance with the Aviation Department's current Schedule of Rates and Charges and the Aviation Department's Leasing Policy. All terms and conditions of the lease agreement will be in accordance with City of Fort Worth and Aviation Department policies. Rental rates shall be subject to an increase on October 1st of any given year, based on the upward percentage change in the Consumer Price Index for the Dallas -Fort Worth Metropolitan area. At no time will the adjusted rate exceed the rate that is current in the Schedule of Rates and Charges. Fort Worth Meacham International Airport is located in COUNCIL DISTRICT 2. FISCAL INFORMATION/CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendation and execution of the lease, funds will be deposited into the Municipal Airport Fund. The Aviation Department (and Financial Management Services) is responsible for the collection and deposit of funds due to the City. http://apps.cfwnet.org/council_packet/mc review.asp?ID=34232&councildate=3/10/2026 3/11/2026 M&C Review Page 2 of 2 O_ Fund Department Account Project Program Activity Budget Reference # Amount ID I I ID I I I Year (Chartfield 2) FROM �J— Department Account Project Program Activity Budget Reference # Amount ID I Year I (Chartfield 2) Submitted for City Manager's Office by: Originating Department Head: Additional Information Contact: ATTACHMENTS Valerie Washington (6199) Roger Venables (5402) Ricardo Barcelo (5403) FID TABLE.xlsx (CFW Internal) Form 1295_Jets Asia Pacific Services LLC.pdf (CFW Internal) Location Map 22S.pdf (CFW Internal) http://apps.cfwnet.org/council_packet/mc review.asp?ID=34232&councildate=3/10/2026 3/11/2026 CERTIFICATE OF INTERESTED PARTIES FORM 1295 1of1 Complete Nos. 1 - 4 and 6 if there are interested parties. OFFICE USE ONLY Complete Nos. 1, 2, 3, 5, and 6 if there are no interested parties. CERTIFICATION OF FILING Certificate Number: 2025-1399218 1 Name of business entity filing form, and the city, state and country of the business entity's place of business. Jets Asia Pacific Services LLC Austin, TX United States Date Filed: 12/11/2025 2 Name of governmental entity or state agency that is a party to the contract for which the form is being tiled. City of Fort Worth Date Acknowledged: 3 Provide the identification number used by the governmental entity or state agency to track or identify the contract, and provide a description of the services, goods, or other property to be provided under the contract. CSC No.64397 Hanger Lease / Rental at 4005 Falcon Way West Hangar 22S Fort Worth Tx 76106 4 Name of Interested Party City, State, Country (place of business) Nature of interest (check applicable) Controlling I Intermediary 5 Check only if there is NO Interested Party. ❑ X 6 UNSWORN DECLARATION ( My address is 1 P F}`( �L t O n L P✓ V h-C 7 (city) (state) (zip code) (country) I declare under penalty of perjury that the foregoing is true and correct. { Executed in D County, State of 1 �'� , on the )2--day of 0 < C- 20 S (month) (year) Q4 Signature of authorized agent of contracting business entity (Declarant) Forms provided by Texas Ethics Commission www.ethics.state.tx.us Version V4,1.0.22701b2a FORT WORTH. City Secretary's Office Contract Routing & Transmittal Slip Contractor's Name: Jets Asia Pacific Services LLC Subject of the Agreement: Ground and Hangar Lease Agreement for 22S between City of Fort Worth and Jets Asia Pacific Services LLC. M&C Approved by the Council? * Yes 0 No ❑ If so, the M&C must be attached to the contract. Is this an Amendment to an Existing contract? Yes ❑ No 8 If so, provide the original contract number and the amendment number. Is the Contract "Permanent"? *Yes ❑ No 8 If unsure, see back page for permanent contract listing. Is this entire contract Confidential? *Yes ❑ No 8 If only specific information is Confidential, please list what information is Confidential and the page it is located. Form 1295 is confidential and is located on page 22 Effective Date: Date of Execution If different from the approval date. Expiration Date: 3 years after Date of Execution If applicable. Is a 1295 Form required? * Yes 8 No ❑ *If so, please ensure it is attached to the approving M&C or attached to the contract. Project Number: If applicable. *Did you include a Text field on the contract to add the City Secretary Contract (CSC) number? Yes 8 No ❑ Contracts need to be routed for CSO processing in the following order: rder: 1. Katherine Cenicola (Approver) 2. Jannette S. Goodall (Signer) 3. Allison Tidwell (Form Filler) *Indicates the information is required and if the information is not provided, the contract will be returned to the department. 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