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HomeMy WebLinkAbout125-80 RESOLUTIONro r RESOLUTION NO 1,23' ,(Q0 A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE LEASE AGREEMENTS WITH SCHEDULED SKYWAYS, INC. FOR SPACE IN THE OLD HANGAR BUILDING AT DRAKE FIELD. • BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: That the Mayor and City Clerk are hereby authorized and directed to execute two leases with Scheduled Skyways, Inc. for space in the Old Hangar Building for use by Scheduled Skyways, Inc. in its fixed base operation and for administrative office space. A copy of the leases authorized for execution hereby are attached hereto marked Exhibits and "B" and made a part hereof. PASSED AND APPROVED this /314day of aOJz.) 198t. 4ATTEST: APPROVED: II A 11 ,:40,62 o itebe MICROFILMED 'CITY CLE •P' .3 LEASE THIS LEASE, executed on this 24:54 day of D2ce rot 1980, between the City of Fayetteville, Arkansas, a municipal corporation, hereinafter called "Lessor", and Scheduled Skyways, Inc., an Arkansas business corporation, hereinafter called "Lessee". WITNESSETH: WHEREAS, Lessor is the owner of an airport known as Drake Field in the City of Fayetteville, Arkansas, hereinaf+Pr referred to as the "Airport"; and WHEREAS, Lessee serves as a fixed base operator at the Airport pursuant to Section 2A-16 and 2A-17 of the Fayetteville Code of Ordinances and desires to use the facilities of the Airport for its fixed base operations; and NHEREAS, Lessor is willing to lease to Lessee a portion of the Airport premises NCW, THEREFORE, in consideration of the mutual covenants and conditions of this agreement, the parties agree as follows: 1. Leased Premises. Lessor hereby lets and demises to Lessee the following: (a) The exclusive use of that portion of the wooden aircraft hangar designated on Exhibit "A" attached hereto; and supervisory and custodial use of the ramp and parking space designated on Exhibit "A" attached hereto, subject to the rights of other airport tenants to use said ramp and parking space. (b) The exclusive use of the space now occupied by Lessee's fuel farm designated on Exhibit "B" attached hereto. (c) The exclusive use of one-half of the parking lot located west of the perimeter fence extending north from the old white hangar to Lessee's maintenance hangar. Vehicle parking on the demised premises shall be prohibited for any person providing or receiving any service at the new Aiipvrt Terminal Building. 2. Authorization. Tessor authorizes Lessee to use the foregoing facilities in connection with its fixed base operation, and specifically authorizes Lessee to operate the same for profit and to make reasonable charges to the aviation users and general public for all services rendered by Lessee as a fixed base operator, provided Lessor does not, by this - 2 • Agreement, authorize Lessee to operate general food or fast food services. Vending machines may be installed upon approval of the Airport Manager. 3. Term. Subject to earlier termination, as hereinafter provided, the term of this agreement shall be for a period of six (6) months, commencing January 1, 1981 and ending on June 30, 1981. 4. Rentals and Charges. In consideration of the use of the wooden aircraft hanger and the aircraft parking apron, Lessee shall pay to Lessor the sun of $508.00 per month and $112.50 per month for parking space payable in advance on or before the 10th day of the preceeding month. The first such payment shall be due on or before December 10, 1980. In addition, Lessee shall pay Tessor a flowage fee in the sum of 2 cents per gallon as a local aviation and gasoline tax on all fuel sold per month to all aviation users, including Lessee, and to the general public at the Airport. The first such payment shall be due on or before February 10, 1981, with each payment thereafter shall be due on or before the 10th day of the succeeding month. In consideration of the use of the space on which Tessee's fuel farm is located, lessee shall pay to Lessor the sum of $100.00 per month. The first such payment shall be due on or before February 10, 1980, and each payment thereafter shall be due on or before the 10th day of the succeeding month. Lessee shall be entitled to a monthly credit on said rent for fuel farm space equivalent to the amount of local aviation and gasoline tax paid Lessor by Lessee the previous month. Said credit shall not be cumulative. 5. Tessee agrees at all times to maintain the demised premises in good, safe, and attractive condition. Tessee agrees to keep all grass areas neatly cut at all times. 6. Construction Reimbursement. The parties recognize that Lessee must relocate from the old white aircraft hangar on or before the expiration of this lease agreement. Lessee agrees to be responsible for the cost and expense of all•such relocation construction. If this construction is to be on airport property, Lessor agrees that, upon request by Tessee, Lessor shall issue revenue bonds to finance the cost of said relocation construction Said revenue bonds shall be a special obligation of the City payable solely from pledged revenues and shall not be a general obligation of the City. • 7, .Damage or destruction of Premises. If that portion of the wooden hangar -leased to Lessee hereunder shall be destroyed or shall be damaged to such extent as to become untenantable, this Lease shall immediately terminate and Lessor shall have ten (10) days from receipt of notice from Lessee to exercise its option under Paragraph 8 hereof. 8. Improvements to Hangar. Lessee hereby agrees that the portion of the hangar leased exclusively to Lessee hereunder is taken "as is". Lessoragrees- that Lessee may, at its own expense, alter, modify, or otherwise improve said hangar. 9, Surrender of Possession. On the expiration or termination of this Lease, Lessee's rights hereunder cease, and Lessee shall surrender possession of the other shall premises granted herein in good condition, except for usual and ordinary wear and tear. Except as otherwise provided in this agreement, all fixtures, improvements, equipment, and other property brought, installed, erected, or placed by Lessee in, on or about the Airport and premises leased hereunder shall be deemed the personalty and remain the property of Lessee. Lessee shall have the right at any time during the term of this Agreement and for an additional period of thirty (30) days after the expiration or other termination of this Agreement to remove any or all of such property from the Airport, subject, however, to Lessee's obligation to repair all damage, if any, resulting from such removal. Any and all property not removed by Lessee prior to the expiration of the said thirty (30) day period shall thereupon become a part of the land on which it is located and title thereto shall thereupon be vested in Lessor. Upon expiration or termination of this Agreement, Lessee hereby grants Lessor an option to purchase all gasoline storage tanks, gasoline pumps, and other accessories thereto, then owned by Lessee and used in its operation as a fixed base operator. The purchase price for said property shall be 1 • • - 4 the fair market value at the time of exercise of the option granted hereby. Lessor may exercise its option hereunder by giving Lessee written notice thereof within ten (10) days of the expiration or termination of this agreement. In the event Lessor exercises the option granted hereby, Lessor agrees, upon Lessee's request, to issue revenue bonds, the proceeds of which shall be used to finance construction of a new fuel farm to be used by Lessee. Said revenue bonds shall be secured by a pledge of, and shall be payable from, the rentals fuel farm. 10. Severability. This Agreement shall be construed under the laws of the State of Arkansas. In the event any covenant, condition, or provision herein contained is held to be invalid by any court of competent jurisdiction, the invalidity of such covenant, condition or provisions shall in no way affect any other covenant, condition, or provision herein contained; provided, however, that the invalidity of such covenant, condition, or provision does not materially prejudice either the Lessor or the Lessee in their respective rights and obligations contained in the valid covenant, condition, or provisions of this Agreement. 11. Arbitration. Any dispute between Lessor and Lessee relative to the provisions of this Lease shall be subject to arbitration. Each party shall select an arbitrator and the two arbitrators so selected shall select a third arbitrator between them, the controversy being heard by the three arbitrators so selected. The decision of the three arbitrators shall be final and binding on both Lessor and Lessee, who shall bear the cost of arbitration equally between them. 12. Insurance. Lessee agrees to add Lessor as an insured under Lessee's existing Hangar Keeper Liability Insurance Policy and to maintain said policy in force throughout the term of this lease. Lessor shall file a copy of said policy with the.City Clerk of Lessor. Lessee agrees to notify Lessor in writing, as to any amendments to or cancellation of said policy. paid Lessor by Lessee for the use of said new • 13. Federal Grants. In the event any of the activities of Lessee affect Lessor in connection with its efforts to obtain grants of funds from federal agencies, then Lessee agrees to conform its activities so as to afford Lessor the greatest amount of grant available. 14. Agreements with.Governmental Agencies. Should there be any agreements between Lessor and other governmental agencies concerning the operations contemplated herein by Lessee, then such provisions of such agreements as affect the parties shall be deemed incorporated herein by reference. 15. Notices. Notices to Lessor provided herein shall be sufficient if sent by registered mail, addressed to Lessor at its regular mailing address, Postal Drawer F, Fayetteville, Arkansas 72701. Notices to Lessee provided herein shall be sufficient if sent by registered mail, addressed to Lessee at its regular mailing address, P.O. Box 1344, Fayetteville, Arkansas 72701. 16. This agreement shall inure to the benefit of and be binding upon the successors, assigns and legal representatives of the parties. IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the year and date first above written. CITX:iCItERK \ice.:Ne :.� CITY OF FAYETTEVILLE, ARKANSAS By:11/47C1Z-n- OR SCHEDULED SKYWAYS, INC. 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LEASE THIS LEASE, executed on this 230( day of ! , 1980, between the City of Fayetteville, Arkansas, a municipal coiporation, hereinafter called "Tessor", and Scheduled Skyways, Inc., an Arkansas business corporation, hereinafter called "lessee". WITNESSETH: WHEREAS, Tessor is the caner of an airport known as Drake Field in the City of Fayetteville, Arkansas, hereinafter referred to as the "Airport"; and WHEREAS, Tessee is engaged in the air transportation business and operates a scheduled flight operation carrying passengers and freight for hire under proper authorization of the Federal Aviation Administration, the Arkansas Transportation Commission and the Civil Aeronautics Board, and desires to use the facilities of the Airport for administrative offices; and WHEREAS, Lessor is willing to lease to Lessee a portion of the Airport premises. NOW, THEREFORE, in consideration of the mutual covenants and conditions of this Agreement, the parties agree as follows: 1. Teased Premises. following. Tessor hereby lets and demises to Lessee the (a) The exclusive use of that portion of the existing wooden hangar building designated on Exhibit "A" attached hereto. (b) The exclusive use of one-half of the parking lot located west of the perimeter fence extending north from the old white hangar to Lessee's maintenance hangar. 2. Authorization. Lessor authorizes Lessee to use the foregoing facilities as administrative offices in connection with its scheduled flight operations. Vehicle parking on the lot leased to Lessee shall be prohibited for any person providing or receiving any service at the new Airport terminal building. 3. Term. Subject to earlier termination, as hereinafter provided, the term of this Agreement shall be for a period of six (6) months, connencing January 1, 1981, and ending on June 30, 1981. • • • - 2 4. Rentals and Charges. In consideration of the use of the demised premises, Lessee agrees to pay Tessor the sum of $200.00 per month for administrative office space and $112.50 per month for parking space payable in advance on or before the 10th day of the preceeding month. The first such payment shall be due on or before December 10, 1980. 5. Lessee agrees to maintain the demised premises in a good, safe and attractive condition. 6. Construction Reimbursement. The parties recognize that Lessee must relocate from the old white aircraft hangar on or before the expiration of this lease agreement. Lessee agrees to be responsible for the cost and expense of all such relocation construction. If this construction is to be on airport property, Lessor agrees that, upon request by Lessee, Lessor shall issue revenue bonds to finance the cost of said relocation construction. Said revenue bonds shallbe a special obligation of the City payable solely from pledged revenues and shall not be a general obligation of the City 7. Damage or Destriictibn of Premises. If that portion of the wooden hangar leased to TPssee hereunder shall be destroyed or shall be damaged to such extent as to become untenantable, this Lease shall immediately terminate. 8. Improvement to Hangar. Lessee hereby agrees that the portion of the hangar leased exclusively to Tsssee hereunder is taken "as is". Lessor agrees that Lessee may, at its own expense, alter, modify, or otherwise improve said hangar. 9. Surrender'of-Possession. On the expiration or other termination of this Lease, TPssee's rights hereunder shall cease, and Lessee shall surrender possession of the premises granted herein in good condition, except for usual and ordinary wear and tear Except as otherwise provided in this Agreement, all fixtures, improvements, equipment, and other property brought, installed, erected, or placed by Lessee in, on or about the Airport and premises leased hereunder shall be deemed the personalty and remain the property of Lessee. Lessee shall have the right at any time during the term of this Agreement • - 3 and for an additional period of thirty (30) days after the expiration or other termination of this Agreement to remove any or all of such property from the Airport, subject, however, to Lessee's obligation to repair all damage, if any, resulting from such removal. Any and all property not removed by Lessee prior to the expiration of the said thirty (30) day period shall thereupon become a part of the land on which it is located and title thereto shall thereupon be vested in Lessor. 10. Severability. This Agreement shall be construed under the laws of the State of Arkansas. In the event any covenant, condition, or provision herein contained is held to be invalid by any court of competent jurisdiction, the invalidity of such covenant, condition or provision shall in no way affect any other covenant, condition, or provision herein contained; provided, however, that the invalidity of such covenant, condition, or provision does not materially prejudice either the Lessor or the Lessee in their respective rights and obligations contained in the valid covenant, condition, or provisions of this Agreement. 11. Arbitration. Any dispute between Lessor and Lessee relative to the provisions of this Lease shall be subject to arbitration. Each party shall select an arbitrator and the two arbitrators so selected shall select a third arbitrator between them, the controversy being heard by the three arbi- trators so selected. The decision of the three arbitrators shall be final and binding on both Lessor and Lessee, who shall bear the cost of arbitration equally between them. 12. Federal Grants. In the event any of the activities of Lessee affect Lessor in connection with its efforts to obtain grants of funds from federal agencies, then Lessee agrees to conform its activities so as to afford Lessor the greatest amount of grant available. EMI - 4 13. Agreements with Governmental Agencies. Should there be any agreements between Lessor and other governmental agencies concerning the operations contemplated herein by Lessee, then such provisions of such agreements as affect the partiesshall be deemed incorporated herein by reference. 14. Notices. Notices to Lessor provided herein shall be sufficient if sent by registered mail, addressed to Lessor at its regular mailing address, Postal Drawer F, Fayetteville, Arkansas 72701. Notices to Lessee provided herein shall be sufficient if sent by registered mail, addressed to Lessee at its regular mailing address, P.O. Box 1344, Fayetteville, Arkansas 72701. 15. This agreement shall inure to the benefit of and be binding upon the successors, assigns and legal representatives of the parties. IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the year and date first above written. 4n ATTEST; Wit:-✓ `�.?. ,.e'er r"" = CTT�C_LERK i ' � .! 1 t - --- - TEST :,= • SRETARY CITY OF F YETTEVILLE, ARKANSAS By: OR SCHEDULED SKYWAYS, INC. By: Title: gP,+�gfm! Leasect premise 'EV 4%m&nisl, 4:1i;d E x h', b;+ " Al