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HomeMy WebLinkAbout122-81 RESOLUTIONr G] RESOLUTION NO. A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUT& AN AGREEMENT WITH AIR TERMINAL PARKING COMPANY FOR THE MANAGEMENT OF CITY -OWNED PARKING FACILITIES LOCATED ADJACENT TO THE CONTINUING EDUCATION CENTER AND NORTH OF MCILROY BANK. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE,CITY OF FAYETTEVILLE, ARKANSAS: That the Mayor and City Clerk are hereby authorized 0 and directed to execute an agreement with Air Terminal Parking Company for the management of City -owned parking facilities located adjacent to the Continuing Education Center and North of Mcllroy Bank. A copy of the agreement authorized for execution hereby is attached hereto marked Exhibit "A" and made a part hereof. PASSED AND APPROVED this day of , 1981. APPROVED: ell III &.Ft `'vSr i1� Qy41.... to Cs ;aY t Cr 'Ice 'V' �• �� C � r�rack And MANAGEMENT AGREEMENT This agreement made and entered into this 10 day of 1981 by and between C� �a�1. (hereinafter sometimes referred to as "OWNER") and Air Terminal Parking Company (hereinafter sometimes referred to as "MANAGER"), WHEREAS, OWNER presently owns the following described auto- mobile parking facilities located in the City ofqD cn y l D -County - of Gt/Qai'Who �_, WHEREAS, Air Terminal Parking Company is in the business of operating automobile parking facilities and is experienced in the automobile parking industry, both as to operating public garages and lot premises, and desires to operate the parking facilities of the OWNER hereinabove referred to, and the OWNER desires MANAGER to operate and manage the parking facility: NOW THEREFORE, in consideration of the agreements and covenants of the respective parties herein contained, and other good and valuable con- siderations, each from the other flowing, the receipt and sufficiency of which are hereby acknowledged, .the parties agree as follows: I. MANAGER shall operate the parking facility in a businesslike manner, making every effort to produce OPERATION the maximum income at a minimum of expense utilizing the best practices in the industry. 2. MANAGER shall staff the facility with trained per - sonnei including adequate training of new personnel utilized. The personnel shall be responsible to the PERSONNEL MANAGER and shall be in uniform;. lkXXXTaffand identified by appropriate insignia of MANAGER. All State and Federal laws and regulations shall be complied with in the employment practices of MANAGER. t� 3. MANAGER shall establish and properly maintain the BOOKKEEPING necessary books and accounts so as to reflect the actual ACCOUNTS number of customers served and a continuing system of audit control so as to at all times reflect accurately the revenues collected. BANK ACCOUNT INSURANCE 4. MANAGER shall establish a bank account into which all gross receipts shall be deposited regularly.- 'MANAGER shall deduct each month from the gross receipts the act7� cost of labor necessary to operate andxx4xxxase: the parking facility, a bookkeeping and computer expense n t� to exceed $50.00 per month, the actual cost of insurance provided, the actual cost of repairs and supplies that result from the operation of the parking facility, and the management fee of the MANAGER. In the event the expenses exceed the monthly gross receipts, OWNER shall reimburse MANAGER for all cost above the gross plus MANAGER'S fee. On or before the twentieth (20th) of each month, MANAGER shall furnish OWNER a check in an amount equal to the balance of the gross receipts, if any, from the preceding month's operation of the park- ing facility and an operating statement showing the cost of labor and expenses. OWNElt shall have the right at any reasonable time to audit MANAGER'S records per- taining to the gross receipts and all expense items incurred. "Labor" as used in this agreement shall include. attendants., & cashiers "Parking facility" oiPfacilities" as used in this agreement shall mean the public pay parking lot and/or garage of the OWNER located as stated in the inducements to this agreement. 5. MANAGER shall, prior to the first day of the term of this agreement, procure public liability insurance coverage with limits of $100, 000/$300, 000/$25, 000, property damage insurance in the amount of $100, 000 upon property not in MANAGER'S care, custody and control, and workmen's compensation insurance. Garage Keeper's Legal Liability Insurance, including fire, theft and explosion coverage upon all customer's automobiles will be provided only upon written request from OWNER. Thenetpremium cost of the cover- ages shall be included as operating expenses and paid from the gross receipts of the facility operation and reflected in the statement of account rendered OWNER. 6. MANAGER shall at all times operate the facility in com- GOVERN- pliance with all local, state and federal laws and regulations MENTAL having jurisdiction over the business conducted in the per - COMPLIANCE formance of this agreement. 7. The necessary parking equipment and devices shall be furnished and maintained by OWNER. MANAGER will make EQUIPMENT recommendations as to the type and location of the equip- ment and supervise the installation. - 2 - 8. The rates charged for the parking and storage of RATES customers' automobiles shall be established by MANAGER subject to approval by OWNER. 9. MANAGER shall occupy the relationship of an independent contractor in the performance of the r INDEPENDENT obligations of this agreement, and the necessary CONTRACTOR records shall be kept and the duties performed shall be so as to preserve such relationship between MAN- AGER and OWNER. 10. MANAGER, in addition to the duties and obligations CONSULTANT of operating the facility shall be available at reasonable times and places for consultations with OWNER regarding any phase of the operation. 11. MANAGER shall not be required to perform other services than those of parking and storage of auto - DUTIES mobiles, the rendering of accountings therefore, policy decisions with regard to these duties and consultations as hereinabove provided. 12. MANAGER shall avail OWNAR of any and all savings BLOCK in the operation of the facility occasioned by block pur- PURCHASING chasing of parking tickets, insurance, supplies and other- wise during the term of this agreement. 13. The term of this agreement shall be for a period of six (6) months beginning the date the facility is opened for TERM business. At the end of this six (6) month period, OWNER shall have the right to; (1) negotiate with MANAGER for an extension of this agreement (2) negotiate with MANAGER, a Lease Agreement for the operation of the facilities (3) cancel the agreement. MANAGEMENT 14. MANAGER shall receive a fee for his services of FEE $300. 00 per month. 15. In the event of the default or unsatisfactory performance by the MANAGER under the terms of the agreement, the OWNER shall give notice to the MANAGER in writing of CANCELLA- the alleged failure of performance, detailing the particulars TION thereof:" The MANAGER shall have not more than thirty (3) days to correct the said default and in the event it fails to do so the OWNER shall have the right to terminate this agreement, provided, however, that the OWNER agrees not to use this remedy in an arbitrary and capricious manner, 16. This agreement shall be binding upon the successors, CONTINUITY and assigns of the parties hereto, but no assignment shall be made by MANAGER without the written consent of the OWNER first received. HOURS 17. MANAGER shall operate the parking facility during such hours as are specified by OWNER. OWNER shall have the right to change, from time to time, the hours during which MANAGER shall operate the parking facility. RATES 18. OWNER shall set the rates to be charged for parking. in the parking facility. MANAGER shall not charge parking rates in excess of those set by OWNER. -3- -4- Executed at ��,�p� �JQ, in triplicate the date first written above, each copy being identical are duplicate originals of this agreement. 7c,: By 4 AIR T RMINAL PARKING COMPANY By -4- PARKING AGREEMENT THIS AGREEMENT entered into this day of 1980, by and between the CITY OF FAYETTEVILLE, hereinafter called City and AIR TERMINAL PARKING COMPANY, with its principal office located at Chattanooga, Tennessee, hereinafter called Operator, subject to the following terms and conditions: 1. Operator agrees to operate and City agrees to permit Operator to have exclusive right to operate, all public parking facilities in and about the terminal area at Drake Field, Fayetteville, Arkansas indicated on Exhibit "A" attached hereto and made a part hereof. In the event City, prior to termination of the Agreement through expiration of its term, or any renewal thereof, shall vacate, move, re- establish, materially alter the entrance to the terminal building and airport grounds, or should the airport terminal building or airport runways be relocated to an area other than immediately adjacent to the now existing terminal building or a new airport built at any time during the term of this agreement, all or any of the foregoing resulting in the necessity of a new parking lot area, then in such event, City shall provide Operator a comparable parking facility at the new location at no cost to Operator. City hereby gives and grants to Operator the exclusive right of possession and control of the premises as described on Exhibit "A" hereto attached. City also grants Operator the.following rights and privileges; (A). The option of establishing an automobile valet or pickup and delivery service for the accommodation of the public using the parking lots. The service to consist of receiving automobiles in front of the terminal building, parking them in the pay parking lots and delivering the automobiles from the parking lot to the public at an area designated by the Airport Manager. ' - 2 - (B) The right to provide a tow -away service for any violation of parking regulations at the airport. In the operation of such right, Operator shall be permitted to charge tow -away fees as approved by the Airport Manager, plus parking charges at the rates established herein for the period such vehicle is stored in the parking lot of Operator. The Operator shall have the right to hire a tow—away service. i' 2. Operator agrees to pay City the following minimum 1 annual guaranteed fees or the percentage fees whichever is the greater amount computed for each year of the original term of the Parking Agreement and any term of extension or renewal thereof. The minimum annual guaranteed fees shall be: 1st Year $42,500.00 2nd Year 48,500.00 3rd Year 55,000.00 4th Year 60,000.00 5th Year 65,000.00 r 'i Or the following percentages of the parking lot receipts, excluding tow, service and meter fees, whichever is greater. 50% of the gross annual receipts in excess of $0 per year up to $100,000.00, plus 658 of the gross,annual receipts in excess of $100,000.00 per year up to $150,000.00, plus - 75% of the gross annual receipts in excess of $150,000.00 per year up to $200,000.00, plus 87.5% of the gross annual receipts in excess of $200,000.00 per year. The Operator agrees to pay the minimum annual fee in equal monthly installments in advance of the first day of each and every month, except that in the event the commencement date is other than the first day of the month, such monthly installments for the first and last months of the term or any extension or renewal thereof shall be prorated. - 3 - �I r: Any additional fees due as a result of the application of the percentage amounts hereinabove stated shall be computed monthly and paid within fifteen (15) days following the last day of the preceding month. Within thirty (30) days from the end of each year of operation, Operator shall submit to the -City an audit of its operation s'worn to before a notary public. In the event the payments made during the year by Operator exceed the amount of rental due City the Operator shall be allowed to credit such excess against the succeeding months rental. Operator shall be entitled -to collect and receive any and all parking revenue including, without limitation, restaurant validations, parking meters, and employee parking fees, if any. 3. Operator shall maintain at all times an up-to-date record of the true and complete accounts of the sales and business transacted. Within fifteen (15) days from the last day of the preceeding month, Operator's chief financial officer shall submit to the City a certified statement reflecting Operator's gross receipts for said preceeding month. Operator's records shall be open for inspection by City or any authorized representative of City at all reasonable hours. The term "records" shall include, but shall not be limited to case register tapes, sales tickets, and tax returns or reports. Operator shall immediately furnish the City a copy of any sales tax reports filed by Operator with the State of Arkansas. 4. The term of the Agreement shall be for a period of five (5)_ years, commencing thirty (.30) days after the date the facility is opened for business by Operator. City has the option to renew this Agreement for an additional five (_5)_ years upon terms to be negotiated by the parties. 5. Operator has the right to suspend payment of fees during any period in excess_of one (1) week that the airport I I� 4 - is not operated for use by a commercial passenger carrying airline. In the event of a partial suspension of activities by commercial airliners, causing a reduction in the number of enplaned passengers, then the monthly guaranteed fees shall be abated proportionately on a mutually agreed and negotiated basis. 6. Operator shall, at its own expense and at all times during the term of the agreement and any extension or renewal thereof, obtain and secure for its protection public liability insurance in the amount of $100,000/$300,000 and property damage insurance in the amount of $25,000. Operator agrees to keep, save and hold harmless City from any and all claims for injury or damages arising out of or in connection with its operation of the parking facilities. Evidence of insurance and notices of cancellation shall be furnished to City. A performance bond in the amount of $100,000 effective during the term of this Agreement, shall be furnished by Operator. 7. Operator agrees to install the necessary control equipment to create a commercial parking facility. Said equipment shall remain the property of Operator. 8. Operator shall, at its expense, provide the electrical power necessary for the operation of the parking equipment installed by it. The City will furnish the power for the parking lot lights. 9. City shall designate by proper signs the following parking areas outside the premises: Airport Limousine, Rental Car and Taxi spaces. City shall regulate public parking.to the effect that all parking except passenger loading and unloading shall be required to be in the parking area covered by this Agreement. The City shall retain control of the parking lot adjacent to the old Terminal Building and may permit employees in the old Terminal Building, the FAA Building, and the hanger areas to park in said lot. -5- 10. The initial parking rates charged shall be in accordance with the following schedule: 0 - 2 Hours $ 50 Each Additional Hour .25 Maximun each 24 Hours 2.00 Parking rates shall not be increased by Operator without prior approval of the Fayetteville Board of Directors. 11. A minimun of five (5) spaces shall be reserved for the exclusive use of City officials and -City Employees. There shall be no charge to the City or its employees for the use of these spaces and they shall be accessible twenty-four (24) hours per day. 12. Operator agrees to abide by and observe all Federal, State and local laws and airport rules and regulations that are now in effect or that may hereafter be adopted pertaining to the operation of aircraft on or about the airport. Operator hereby agrees that all merchandise sold and services furnished on the airport premises by Operator will be:sold or furnished on a fair, equal and not unjustly discriminatory basis to all users thereof; that all prices charged for each unit or service will be fair, reasonable and not unjustly discriminatory (provided that Operator may make reasonable and nondiscriminatory discounts, rebates, or other similar types of price reductions to volume purchasers)_; and Operator will not on the grounds of race, color, creed, religion or national origin discriminate against any person or group of persons in any manner prohibited by Title VI of the Civil Rights Act of 1964 or Part 15 of the Federal Aviation Regulations, or any amendments or supplementary legislation thereto and all rules and regulations adopted thereunder. It is understood and agreed that the City shall have the right to take such action as the Federal Government may direct to enforce this covenant. Service shall be prompt, courteous and efficient and shall be adequate to meet the demands for said service on the Airport. j 6 - 13. City covenants and agrees that during the term -of this Agreement and any extension of renewal thereof, Operator shall have the peaceful right to use the premises for parking purposes and in accordance with all of the rights and privileges as herein stated. City agrees that there shall be no free parking in and about the terminal area, and the City Agrees to assist and cooperate in every way possible with Operator to prevent any free parking in and about the terminal area including, without limitation, the erection of fencing or barricades for such preventive purposes. City agrees to vigorously enforce the 1. loading, unloading and no parking areas to the extent of issuing tickets for illegal parking and towing of vehicles for excessive violation. 14. Approximately thirty-five (35) spaces shall be reserved for the exclusive use of Terminal Building employees. The parking rate for said spaces shall be $10.00 per month per space. 15. In the event a restaurant validation program is instituted, City and Operator agree that the restaurant concessionaire shall validate parking tickets for its customers who have acutally spent a minimum amount in the restaurant. Restaurant concessionaire will pay Operator for each ticket validated an amount to be mutually agreed upon, but not to exceed the rates set forth in paragraph 10 hereof. 16. Operator shall have the first option to enter into a new agreement for a like periodoftime upon such terms, rental and conditions as may be mutually agreed upon by the parties hereto. 17. All the terms, covenants and agreements herein contained shall be binding upon and shall inure to the benefit of the heirs, successors and assigns,of the respective parties hereto. 7 - 18. In the event Operator shall hold over and remain in possession of the premises herein leased after the expiration of this Agreement or any extension provided herein, without any written renewal thereof, such holding over shall not be deemed to operate as a renewal or extension of this Agreement but shall create only a tenancy from month to month which may be terminated at any time by City. 19. In the event of the default or unsatisfactory performance by Operator under the terms of this Agreement, City shall give notice to Operator of the alleged failure of performance, detailing the particulars thereof. Operator shall have sixty (60) days to correct the said default and in j the event it fails to do so, City shall have the right to terminate this Agreement, provided, however, that City agrees not to use this remedy in an arbitrary and capricious manner. 20. If the City shall default in fulfilling any of the terms, covenants or conditions to be fulfilled by City hereunder and shall fail to remedy said default within sixty (60) days after receipt by City of written demand from Operator to do so, Operator shall have the option either to cancel this lease or remedy the default and deduct the expense incurred in remedying such default from the rent. 21. Notices to Lessor shall be sufficient if sent by registered mail, postage prepaid, addressed to City Manager, P.O. Drawer F, Fayetteville, Arkansas, 72701 and notices to Lessee shall be sufficient if sent by registered mail, postage prepaid, addressed to James C. Berry, Suite 1610 Commerce Union Tower, Chattanooga, Tennessee, 37450, or to such other addresses as the parties may designate to each other in writing from time to time. -s- 22. The Contractor shall make capital expenditures approximating $30,000.00 to purchase and install all necessary control equipment, said equipment to include, but not be limited to, a control booth, automatic gates, ticket dispensers, signs, and revenue equipment, for the effective control of the parking facilities. 23. The Operator shall, at Operator's expense, expand the commercial parking areas as the need for expansion arises; provided, the terms and conditions of expansion shall be mutually agreed upon by the City and the Operator prior to any expansion. 24. The Operator shall erect a sufficient number of uniform traffic and parking regulatory signs throughout the area to assist the Dublic and insure a smooth traffic flow. The design and installation of such signs shall be approved by the City prior to installation thereof. 25. Operator's employees at the facility shall be uniformly dressed, shall be courteous and polite to the public at all times, and shall be subject to dismissal upon complaint of the Fayetteville City Manager, Operator's Resident Manager shall have full responsibility for day to day operation. Operator's Director of Operations shall keep close contact with the Resident Manager through regular inspections to review and check operations. Operator's Regional Vice President shall maintain close communication with the City's Airport Manager to insure that satisfactory parking objectives are being met on a continuing basis. 546 26. Operator shall procure and shall maintain in full WS force and effect during the term of this Lease public liability insurance providing minimum coverage of $100,000.00/ $300,000.00 for bodily injury and $25,000.00 for property damage. Operator shall save and hold the City harmless from any and all claims for personal injury, death or property damage 9 - arising from Operator's use of the leased premises. Operator shall procure and maintain in full force and effect during the term of this Lease fire and extended coverage insurance covering improvements on the leased premises. S^AS'j�g 27. Operator shall pay all utility costs incurred in connection with the operation of all parking equipment; provided, the City shall, at City's expense, furnish electricity for the existing parking lot lights. 28. Operator shall, at. Operator's expense, maintain all signs and equipment in good repair during the term of this Lease. Operator shall keep the parking area clean of all rubbish and debris. Operator shall remove snow from the leased premises as soon as possible after any accumulation thereof. 29. Operator shall provide the highest standard of service in the day-to-day operation of the public parking lots at Fayetteville Municipal Airport. n ii 30. Operator's Resident Manager shall have full responsibility for day-to-day operation. His duties shall consist of, but shall not be limited to, the following: 1. Plan, coordinate, schedule, and be responsible for the work of all supervisors and employees of Operator at the Airport. 2. Abide by and insure adherence to established policies, rules, procedures and.regulations of the Airport, as well as the provisions of the Management Agreement between the City and Operator. 3. Be responsible for all administrative requirements of the Operator at the Airport. 4. Maintain close liaison with the Fayetteville Police Department in handling problems of mutual concern such as prohibited vehicles, traffic suggestion, and security. 5. Initiate and direct the orientation of new employees and make efforts to improve the efficiency of r employees already on duty. iY J6 ' - 10 6 6. Maintain proper liaison with the Airport manager or his duly designated representative on a day- to-day basis. 7. Be responsible for achieving good public relations by all employees of Operator at the Airport by instructing Operator's employees to render the utmost courtesy in dealings with the public. 8. Assist in setting and enforcing standards for Operator -'s employees personal appearance, demeanor, and attitude. 9. Prepare reports to Operator's Accounting Department and conduct spot checks for accuracy of all clerical records. 10. Be responsible for the selection and dismissal of parking personnel of Operator at the Airport. 11. Check booths, parking equipment and area for conditions and serviceability. 12. Be responsible for insuring that Operator complies with all Federal regulations pertaining to nondiscrimination in the hiring of employees. 31. Each cashier employed by Operator shall be responsible for collecting the proper amount of money for each ticket processed in accordance with the following procedure: Cashier shall take the parking ticket from the customer, compute the parking time and fee, collect the proper fee and deposit it in the cash drawer and close the drawer to activate raising of the gate. At the end of each shift, the cashier shall prepare the shift report. The shift report shall include the number of tickets processed and a breakdown of the number of tickets by price. Each cashier shall seal the shift report and the proper amount of money in an envelope and deposit said envelope in Operator's safe. Operator's Resident Manager shall verify each shift report and shall forward copies of the shift reports,the master 61 a Y report, and all deposit slips daily to Operator's accounting department for daily home office audit. Operator's company auditor shall make periodic unannounced visits and spot checks to insure that all accounting and control procedures are being adhered to. 32. Each attendant employed by Operator shall be responsible for the cleanliness of the booth during his shift. Each attendant shall clean the windows, sweep the floor, and clean the counters during periods when he is not actively cashiering tickets. Any attendant starting his shift and finding the booth in an untidy or unclean condition shall report such condition to his supervisor. The area immediately surrounding each cashier booth shall be policed by the attendant on duty and the area kept clean of trash and debris at all times. 33. All of Operator's personnel shall be familiar and trained in the mechanics of the parking equipment. In the event of minor malfunctions of the parking equipment, each attendant shall have the ability to make minor adjustments to the equipment so that customer services will not be disrupted. In the event of a machine malfunction not being remedied by a minor adjustment, the attendant shall promptly report the malfunction to the Resident Manger, 34. Cashiers receiving complaints from customers shall promptly notify the Resident Manger. The Resident Manager shall 'handle the complaint and shall make a report advising the City's Airport Manager of the nature and disposition of the Complaint within 48 hours after receipt of the complaint. 35. In the event of injury to a customer or to an employee of Operator, the Resident Manager shall be notified promptly and shall be responsible for obtaining any necessary medical attention. If the Resident Manager is unavailable, the cashier or other employee to whom the injury is reported 12 - shall be responsible for obtaining any necessary medical attention. The Resident Manager shall provide the City's Airport Manager a general injury report within 48 hours after an injury. IN WITNESS WHEREOF the parties hereto have executed this Agreement on the date first above written. ATTEST: CITY OF FAYETTEVILLE By: BE By: LEASE BOND KNOW ALL MEN BY THESE PRESENTS, That, AIR TERMINAL PARKING COMPANY Chatta hereinafter called the and the THE AETNA CASUALTY AND SURETY COMPANY r and existing under the laws of the State of Connect principal office in the City of Hartfox the Surety), as Surety, are held and firmly bound unt rincipal), as Principal., a corporation organized cut , with its (hereinafter called Obligee), in the just and aggregate Tull sum 0 -Hundred housand and -------- -----------no/100 Dollars, to the payment of which a= well and truly to be made, the said Principal and Surety bind themselves, and their respective heirs, administrators, executors, successors and assigns, jointly and severally, firmly A_ by these presents. dL _ .- - -- WHEREAS, the Principal has entered into a certain written contract with the Obligee, dated April 15 1980 , which contract is hereby referred to and made a part hereof as fully and to the same extent as if copied at length herein. NOW. THEREFORE, the condition of this obligation is such that, if the Principal shall faithfully perform as required by the contract, on his part, and shall fully indemnify and save harmless the Obligee from all cost and damage . which the Obligee may suffer by reason of failure so to do and shall fully reimburse' and repay the Obligee all outlay and expense which the Obligee may incur in making good any such default, otherwise it shall remain in full force and effect. PROVIDED, however, it shall be a condition precedent to any right of recovery hereunder that, in the event of any default on the part of the Principal, a written statement of the particular facts showing the date and nature of such default shall be immediately given by the Obligee to the Surety, and in any event, no later than (15) days thereafter, and shall be forwarded by registered mail to the Surety at its Home Office in the City of Hartford Connecticut AND PROVIDED FURTHER, that no action, suit or proceeding, except as hereinafter'set'forth;"shall be'had•or:maintained-against the:Surety_on this instrument unless the same be brought or instituted and process served upon the Surety within twelve months after termination of this bond. The term of this bond shall in no event extend beyond September 26, 1981 Total liability under this bond or subsequent bonds shall not be deemed to be cumulative. This Bond may be renewed from year to year by Continuation Certificate. The Surety, however, expressly reserves the right to terminate its liability at any time by giving (60) days written notice to the O'bligee. It is further understood and agreed that the Surety.will provide (60) day notice of renewal prior to the last day of each contract year. In witness whereof, the said Principal and Surety have signed and sealed this instrument this 5th day of December 199 80 Y.1 M.Ak DW NO F.'V s�l� Y •u •..� Countersigned by;; Or Dale E. Temple, Arkansas psdident Agent Rebsamen Insurance ~�ZZ 41 y Little Rock, Arkansas 72203 rgw : ;_i�titi THE /ETNA CASUALTY AND SURETY COMPANY Hartford, Connecticut 08115 POWER OF ATTORNEY AND CERTIFICATE OF AUTHORITY OF ATTORNEYS) -IN -FACT KNOW ALL MEN BY THESE PRESENTS, THAT THE .ETNA CASUALTY AND SURETY COMPANY, a corporation duty organized under the laws of the State of Connecticut. and having its principal office in the City of Hartford. County of Hertford, State of CormecticuL hath made. constituted and appointed, and does by these presents make, constitute and appoint Robert S. Killebrew, William A, Lyman, John K. Woodworth, Maurice 0. Horner, John F. Killebrew or Yvonne E. Elkins - - of Chattanooga, Tennessee , its true and lawful Attorneys -in -Fact, with fug power end amlnrity hereby conferred to sign, execute and acknowledge, at any place within the United States, or, if the following line be filled in, within the area there designated the following instrumentlsl: by his sole signature and act, any and all bonds, recognizances, contracts of indemnity, and other writings obligatory in the nature of a bond, recognizance, or con- ditional undertaking, and any and all consents incident thereto and to bind THE ,ETNA CASUALTY AND SURETY COMPANY, thereby as fully and to the sane extent as if the same were signed by to duly authorized officers of THE kTNA CASUALTY AND SURETY COMPANY, and all the acts of said Attorneys -in -Fact, pursuant to the authority herein given, we hereby ratified and con- firmed. This appointment is made under and by authority of the following Standing Resolutions of said Company which Resolutions we now in full force and effect: VOTED: That each of the following officers: Chairman, Vice Chairman, President, Any Executive Vice President, Any Senior Vice President, Any Vice President. Any Assistant Vice President, Any Secretary, Any Assistant Secretary, may from time to time appoint Resident Vice Presidents, Resident Assistant Secretaries, Attorneys -in -Fact, and Agents to act for and on behalf of the Company and may give any such appointee such authority as his certificate of authority may prescribe to sign with the Company's name and seal with the Company's seal bonds, recognizences, contracts of indemnity, and other writings obligatory in the nature of a bond, recognizance, or conditional undertaking, and any of mid officers or the Board of Directors may at any time remove any such appointee and revoke the power and authority given him. VOTED: That any bond, recognizance, contract of indemnity, or writing obligatory in the nature of a bond, recognizance, or conditional undertaking shall be valid and binding upon the Company when (a) signed by the Chairman, the Vice Chairman, the President, an Executive Vice Resident, a Senior Vice President, a Vice President, an Assistant Vice Resident or by a Resident Vice President, pursuant to the power prescribed in the certificate of authority of such Resident Vice President, and duly attested and sealed with the Company's seal by a Secretary or Assistant Secretary or by a Resident Assistant Secretary, pursuant to the power prescribed in the certificate of authority of such Resident Assistant Secretary; or Ib) duly eiecuted (under seal, if required) by one or more Attorneys -in -Fact pur- .. suant to the power prescribed in his or their certificate or certificates of authority. - This Power of Attorney and Certificate of Authority is signed and coaled by facsimile under and by authority of the following Standing Resolution voted by the Board of Directms of THE .ETNA CASUALTY AND SURETY COMPANY which Resolution is now in full force and effect: VOTED: That the signature of each of the foltowing officers: Chairman, Vice Chairmen, Resident, Any Executive Vice President, Any Serio Vice Resident, Any Vice President. Any Assistant Vice Resident, Any Secretary, Any Assistant Secretary, and the seal of the Company may be affixed by facsimile to any power of attorney or to any certificate relating thereto appointing Resident Vice Residents, Resident Assistant Secretaries or Attorneys -in -Fact for purposes only of executing and attesting bonds and undertakings and other writings obligatory in the nature thereof, and any such power of attorney or certificate bearing such fac- simile signature or facsimile seat shall be valid and binding upon the Company and any such power an executed and certified by such facsimile signature and fac- simile seal shall be validand binding upon the Company in the future with respect to any bond or undertaking to which it is attached. IN WITNESS WHEREOF. THE ,ETNA CASUALTY AND SURETY COMPANY has caused this instrument to be signed by its Secretary and its corporate seal to be hereto affixed this 13th day of March 1979 -"," • THE .ET CASUALTY AND " RE V OMPANY :e. HARTFORD. i coax By State of Connecticut Secretary as. Hanford County of Hartford On this 13th day of March , 1979 , before rite personally came VINCENT A, WAISH , to me known, who, being by me duly sworn, did 'depose and say: that he is Secretary of THE ETNA CASUALTY AND SURETY COMPANY, the corporation described in and which executed the above instrument; that he knows the seal of said cor- poration; that the seal affixed to the said instrument issuchcorporate seal; andthathe executed the said InstNment W_bsKsIf or the =or Wdtion by auMority of his office under the Standing Resolutions thereof. CERTIFICATE I, the undersigned Assistant Secretary Connecticut, DO HEREBY CERTIFY that the foregoing and attached and furthermore, that the Standing Resolutions of the Board of Signed and Sealed at the Home Office of the Company, In the December • 1e 80 E .(S-1921-0) (MI 12.72 -•xe - i` 'r4�: ey f for /17'r'v a�yy� W • L/..�/ //lN Y Li r MY corrhmi ion expires March 31, 19 g],• T�NnterY Public TY AND SURETY COMPANY, a stockcorporation of the State of We of Authority remains in full force and has net been revoked; Certificate of Authority, we now in force. Dated this 5th day of Secretary PRINTEO IN U.S.A. 1114f11 '1n' :i�'�St' 1I7� l.��r{ (AI .'�1j'�'I II); �• nl V{ 111 (i II, ry t :l'I `ti%(( i%,1.;«} 4µk S:1) I a:A"A7 \M .11 �7r�•1 V1`jt 1`��'h+Y�Eh�'tl%{Iftyirl`fly'$..tt ,(' • 1'1„ 4t2t t,!'�1!:1�: yti��� �t! r�A9.L'J%'ih's'1t :icy I) ad1A11;Yif�r5 tilr�'��r1l�ll'i.c;zlt`7`iYl;' irtt'r,l�'rr.uld�ftl+.f;r�h:i�,t;�"tfi�ekiLn_t� "1 i.Y. •. �ifv' r1 Wl.kli; I./� lis r;litllj'yl,llil3r•1.E�:`fTi1;�'y!',t ,.1'-1 ,.1 1,1��>�«,rs.�.i.1.4� l•I.1�4 [i:�:�ia5�i,a;,F L:;:���:!�W::1!:�'.�.t�r%:'�w(.:.:,�kft..�lti�t.�w:l�• -AliOln'111 IIAMI AND Ill ACI NVY .' Corroon and Black COMPANIES AFFORDING COVERAGES irillebrew Lyman & Woodworth, Inc• 216 ;c:;t 8th Gtrect MnANY ilnot A United Pacific Insurance Company Chattanooga, Tennessee 37402 COMPANY International Insurance Cow an' �PLIL AND ADDRESS 01" INSURED COMPANY y C .t Air Terminal Parking Company, et al. LCIDER { 1610 Commerce Union Tower Chattanooga, Tennessee 37450 COMPANY LETTER _.__......_...._....._._... f COMPANY im LEITER q CCI cerI if, plat policies of insurance listed bolov+have been issued to the inmrod n, med above and are in force at this time. Nouvith0andinginy Icquirrmrnt, Ilam or C0rWtioi� Y of any coil ;ict or other document wish respect to which this certificate may be issued or may porlain, the insurance allorded by the policies described herein is subject to all the t' !crnls, crclusicns and conditions of such politics. - -----I Limits of Liability in Thou;and;(000)PC ltpGl•:d": 1'YI'LOr INSURANCL POLICY NUMOLDE%PIRnI II IILI! _ DATE OLAW N AGGREGATE Al ION OCCURRENCE �I GENERAL L1ABILiTY s L P Garage Liabilit BODILY INJURY A AG 9912531 _. 7-1-81 (YJ�er.nzmrmx=ewr PREMISES—OPERATIONS PROPERTY UAMAGC 1 S P" (� EXPLOSION AND COLLAPSE U - Irl UNDERGROUND HAZARD n PRODUCTS/(.OMPLA-TI'D 0I1,10AIION4, HAZARD I IIVUILYINJUNYANO PROPERTY DAMAGE $SOO L u CONTRACTUAL INSURANCE ,J n BROADI'ORM PROPERTY COMBINED ' L'tFr IFINEPLIJ UI -NI COrJIRM:1'OII$ -- ----y�y( '.7I L_J PI:HSONAL INJURY PERSONAL INJURY l AUEOP:i(11i1LG LIApILITy 11000 Y1NAMY (I.M;II I'I IIUUNI 1 iµ41'"'�Ci'i F1 LId cornl•REHeNSIVL FORM BA 9958643 7-1-81 BODILYRY ilflj� ❑IE� Ill" NI II (T.ACI l ALMCID(01.IJ I ) D[.I IIIItLU 1'ROPLNIYOAMA(';E Z � RODIIY IN IURV rdID I'ItUI'1'IIIY OAMAGI 500 I]r.I NONOWNI'b1 p�,,Y-. I Vin\i- tlJ�N'•At,y � ���-�1' •i f. @l,IIINED r ...-...._.._I__ j" EXCLSS � IAt3areY 1 D �52T'06919a 7-�-8� UOUILV INJURYANU 15,000 y 15,000 'r PItoPIRn DnInACL 171 glllrlf llIAN IIA11tln 11A l:UM111NI,U F: ' t 1oNM _ _ 4Th Pf(RIICI"I. , (1or51'CrJSr'I IOAi IAIUII R/ l` tl! ,Pk _... t A �, PC 1246554 7-1-81 h •" };; 0pq' trS�y; tI" ;f 1100 ?; r Pl.orctt°and t IARILrY tl 00 „ ,,, NJI attest �PIP OCAT II INSNII IICCES Cancellation: Should any of the above descr' Trd policies be cancelled before the expiration date thereof. the issuing Com- pany will endr eavoto mail O days written notice to the below named certificate holder, but failure to mail such notice Shall impose no obligation or liability of any kind upon the company. NAME AND ADDRESS OF CER rITICAT E HOLDER: 12-5-80 City of Fayetteville, Arkansas unrE ISSUED: Airport Department C&gMW 'i ly!1&e4 ODiJORTfi, ITdC. P. 0. Drawer F ly� J Fayetteville, Arkansas 72701 Au11iORIZED REPRESENTATIVE ATTENTION: Ecte F. Hogue OfID 2S (1.79) SET TAB STOPSAT ARROWS T r r r r r Certificate of Insurance P NAME AND ADDRESS OF AGENCY Hicks & Associates, Inc. COMPANIES AFFORDING COVERAGES _ ,C P. O. Box 15007 - COMPANY A Commerce & Industr — Chattanooga; Tn.37415 LETTER y Ins. Co COMPANY B Ranger Ins. Co. LETTER NAME AND ADDRESS OF INSURED Air Terminal. Parking Co., etal ETTER"Y C 1610 Commerce Union Tower Chattanooga, Tn. 37450 ETTER"Y COMPANY E LETTER E This is to certify that policies of insurance listed below have been issued to the insured named above and are in force at this time. COMPANY POLICY Limits of Liabili n Thousan s 00) TYPE OFINGURANCE POLICY NUMBER EAC" LETTER EXPIRATION DATE �•,,,, AGGREGATE A �C�gNglYbility Binder TBD ❑ PREMISES—OPERATIONS ❑ EXPLOSION AND COLLAPSE HAZARD ❑ UNDERGROUND HAZARD _ ❑ PRODUCTS/COMPLETED OPERATIONS HAZARD --L ❑ CONTRACTUAL INSURANCE ❑ BROAD FORM PROPERTY DAMAGE ❑ INDEPENDENT CONTRACTORS ❑ PERSONAL INJURY AUTOMOBILE LIABILITY nn A IFi COMPREHENSIVE FORM Binder TBD OWNED HIRED NON -OWNED 7/1/82 I BODILY INJURY $ PROPERTY DAMAGE a BODILY INJURY AND PROPERTY DAMAGE a COMBINED a b 500 s 500 I PERSONAL INJURY a BODILY INJURY a (EACH PERSON) INJURY 7/1/82 (EACHDILY OCCURRENCE) a PROPERTY DAMAGE a BODILY INJURY AND S 500 PROPERTY DAMAGE COMRINFD Cancellation: Should any of the above desc�bed policies be cancelled before the expiration date thereof, the issuing com- pany will endeavor to mail _ days written notice to the below named certificate holder. but failure to mail such notice shall impose no obligation or liability of any kind upon the company. NAM(AND AD FESS OF CERTIFICATE HOLDER: City manager P.O. Drawer F Fayetteville, Arkansas 72701 DATE ISSUED 7/2/81 AUTHORIZED EXCESS LIABILITY BODILY INJURY AND B UMBRELLA FORM binder TBD 7/1/82 PROPERTY DAMAGE s5,0 POO 000 OTHERTHAN UMBRELLA COMBINED FORM Cancellation: Should any of the above desc�bed policies be cancelled before the expiration date thereof, the issuing com- pany will endeavor to mail _ days written notice to the below named certificate holder. but failure to mail such notice shall impose no obligation or liability of any kind upon the company. NAM(AND AD FESS OF CERTIFICATE HOLDER: City manager P.O. Drawer F Fayetteville, Arkansas 72701 DATE ISSUED 7/2/81 AUTHORIZED IN S 0. I:t IN e ^ IN IN i u , ^ I __. IN b r p c ' `ti 11 e N P 11 e 11 N t I Ao' ' I r it ° 0 6l7 9 p II 15 V40, •' ��,1 '.1 0 11 11 u n 1 I p ` o SiEFAOF LURE ® 1 1 I 1 TOO CENTER ROOF OF ROOF 'o•F 1 111 0 �T 1 a 1 p 1 l 142.745 m 1 tl1T- 11 I z l 65ti r Pn p 1l1 z Q I ® 6 p NIP, 11 p P I r � 1 (shaded area is the public parking facility «nl� -eferred to in the lease agreement article 1 o 6—�� I 1 me p r 111 07 S. AN I 1 i m ff C: ne p i to m r er` p II 1 z am 1 3 Q 1 amv C 11 mD am M II pZo er: u a- 0 IN =11BIT 11/AIt AIR TERMINAL PARKING COMPANY EXECUTIVE OFFICES SUITE 1610 COMMERCE UNION TOWER CHATTANOOGA. TENNESSEE 37450 May 20, 1980 AREA CODE 615 PHONE 756-2771 Mr. Sturman Mackey Purchasing Officer City of Fayetteville P. O. Drawer F Fayetteville, Arkansas 72701 Dear Sturman: Enclosed are four (4) fully executed copies of the Parking Agreement between our firm and the City of Fayetteville. I apologize for the delay in returning these copies but I shave been out of town and was unable to discuss them with our attorney until last week. We look forward to a mutually beneficial relationship. Sincerely, `,/ Ron R. McDonald Vice President RRM:md MICRO �LM� iggp DATE, REEL,� PROPOSAL FOR THE PUBLIC AUTOMOBILE PARKING LOT CONCESSION NEW DRAKE FIELD TERMINAL BUILDING FAYETTEVILLE, ARKANSAS AIR TERMINAL PARKING COMPANY S I� CHATTANOOGA. TENNESSEE BID BOND UFE & CASUALTY KNOW ALL MEN BY THESE PRESENTS, r THE /ETNA CASUALAl-AZ SURETY COMPANY Hartford, Connecticut 06115 Bond No. That we, AIR TERMIXkL PARKING COMPANY, 1610 Commerce Union Tower, Chattanooga f Tennessee 37450 executors, administrators, successors and assigns, jointly and severally, firmly by these presents. as Principal, hereinafter called the Principal, and THE IETNA CASUALTY AND SURETY COMPANY, of Hartford, Connecticut, a corporation duly organized under the laws of the State of Connecticut, as Surety, hereinafter called the Surety, are held and firmly bound unto CITY OF FAYETTEVILLE, ARKANSAS ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly as Obligee, hereinafter called the Obligee, in the sum of Ten Thousand and----------------------------------------------------no/100 Dollars (s 10,000.00 ), for the payment of which sum well and truly to be made, the said Principal and the said Surety,bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the Principal has submitted a bid for Parking Lot Concession, Drake Field, Fayetteville, Arkansas NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract with the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the bidding or Contract Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt payment of labor and material furnished in the prosecution thereof, or in the event of the failure of the Principal to enter such Contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the penalty hereof between the amount specified in said bid and such larger amount for which the Obligee may in good faith contract with another party.to perform the Work covered by said bid; then this obligation shall -be null and void, otheiwise�to remain'in'full force and effect. Signed and sealed this 25th day of March i (Witness) (Witness) AIA DOCUMENT A310 BID BOND FEBRUARY 1970 ED. THE AMERICAN INSTITUTE OF ARCHITECTS (s -1869-G) 10-70 AIR TERMINAL PARKING COMPANY (Principal) (Seat) 14 akng Vice President (Title) THE ]ETNA CASUALTY AND SURETY COMPANY m t 7 c m a z c x m < 0 0 9 s z < S �F LIFE&CASUALTY THE ATNA CASUALTY AND SURETY COMPANY Hartford, Connecticut 06115 POWER OF ATTORNEY AND CERTIFICATE OF AUTHORITY OF ATTORNEYS) -IN -FACT KNOW ALL MBI BY THESE PRESENTS, THAT THE .ETNA CASUALTY AND SURETY COMPANY, a corporation duly organized under the laws of the State of Connecticut. and laving its principal office in the City M Hartford, County of Hartford, State of Connecticut, hath made, constituted and appointed, and does by these presents make, constitute and appoint Robert S. Killebrew, William As Lyman, John K. Woodworth, Maurice 0. Horner, John F. Killebrew or Yvonne E. Elkins - - Of Chattanooga, Tennessee , its true and lawful Attorneys-inFact, with fug power and authority hereby contained to sign, execute and acknowledge, at any place within the United States, or. if the following line be filled in, within the area there designated , the following instrument(s): by his sole signature and act, any and all bonds, recognizances, contracts of indemnity, and Miter writings obligatory in the nature of a bond, recognizance, err con- ditional undertaking, and any and all consents incident thereto and to bind THE ,ETNA CASUALTY AND SURETY COMPANY, thereby as fully and to the same extent as if the same were signed by the duly authorized officers M THE dETNA CASUALTY AND SURETY COMPANY, and all the acts of said Attomeys-in{act, pursuant to the authority herein given, are hereby ratified and con- firmed. This appointment is made under and by authority M the following Standing Resolutions M said Company which Resolutions are now in full force and effect: -VOTED: That each of the following officers: Chairman, Vice Chairman, President, Any Executive Vice President, Any Senior Vice President, Any Vice President, Any Assistant Vice President, Any Secretary, Any Assistant Secretary, may from time to time appoint Resident Vice Presidents, Resident Assistant Secretaries, Attorneys -in -Fact, and Agents to act for and -on behalf M the Company and may give any such appointee such authority as his certificate of authority may prescribe to sign with the Company's name and seal with the Company's seal bonds, fecognizences, contracts of indemnity, and other writings obligatory in the nature of a bond, recognizance, or conditional undertaking, and any of mid officers or the Board of Directors may at any time remove any such appointee and revoke the power and authority given him. VOTED: That any bond, recognizance, contract of indemnity, or writing obligatory in the nature of a bond, recognizance, or conditional undertaking shall be valid and binding upon the Company when (a) signed by the Chairman, the Vice Chairman, the President, an Executive Vice President, a Senior Vice President. a Vice President, an AssistantVice Resident or by a Resident Vice President, pursuant to the power prescribed in the certificate of authority of such Resident Vice President, and duty attested and sealed with the Company's seal by a Secretary or Assistant Secretary or by a Resident Assistant Secretary, pursuant to the power prescribed in the certificate of authority of such Resident Assistant Secretary; or Ito) duly executed tunAer seal, if required) by one or more Attorneys -in -Fact pur- suant to the power prescribed in his or their certificate or certificates of authority. This Power of Attorney and Certificate of Authority is signed and settled by facsimile under and by authority M the following Standing Resolution voted by the Board of Directors M THE ,ETNA CASUALTY AND SURETY COMPANY which Resolution is now in full force and effect: i VOTED: Thai the signature of each of the following officers: Chairman, Vice Chairman, Resident, Any Executive Vice Resident, Any Senior Vice President, Any Vice Resident, Any Assistant Vice Resident, Any Secretary, Any Assistant Secretary, and the seal of the Company may be affixed by facsimile to any power M attorney m to any certificate relating thereto appointing Resident Vice Residents. Resident Assistant Secretaries or Attorneys -in Fact for purposes only of executing and attesting bonds and undertakings and other writings obligatory in the nature thereof, and any such power M attorney err certificate bearing such fac- simile signature m facsimile seal shall be valid and binding upon the Company and any such power so executed and certified by such facsimile signature and fac- simile seal shall be valid and binding upon the Company in the future with respect to any bond or undertaking to which it is attached. IN WITNESS WHEREOF, THE oETNA CASUALTY AND SURETY COMPANY has caused this instrument to be signed by its Secretary and its corporate seal to be hereto affixed this 13th day of March .. , 1979.- - ^ ..... ;00'. vl% THE fET J CASUALTY AND RE Y OMPANY , HARTFORD i7i coax �g - By State of Connecticut Secretary its Hartford County of Hartford On this 13th day of March , 1979 , before me persertally came VINCENT A. WAISH to me known, who, being by me duly swam, did depose and say: that he is Secretary M THE ,ETNA CASUALTY AND SURETY COMPANY, the corporation described in and which executed the above instrument; that he knows the seal M said cor- poration; that the seal affixed to the said instrument is such corporate seal; and that he executed the said instrument W behalf M the corporation by authority M his office under the Standing Resolutions thereof. 014 217L�1� a • -ty 4LL0 '��rro.o7 ' MY carnmi ion expires March 31, 19 81. NMv ery PubI IC CERTIFICATE I, ger ondersigned, Assistant Secretary Connecticut, DO HEREBY CERTIFY that the foregoing and attached and furthermore, that the Standing Resolutions of the Board of Signed antl Settled at the Home Office M the Company, In March • 19 80 .(S -1921-0I IMI 12-72 CASUALTY AND SURETY COMPANY, a stock corporatim M the State M id Certificate M Authority remains in full force and has not been revoked; h�Mjfiv Certificate of Authority, are now in force. Dated this 25th day M Secretary PAINTED IN U.S.A. 1� AIR TERMINAL PARKING COMPANY EXECUTIVE OFFICES J SUITE 1610 COMMERCE UNION TOWER AREA CODE 615 CHATTANOOGA. TENNESSEE 37450 -PHONE 756-2771 1 March 25, 1980 ' Mr. Sturman Mackey Purchasing Officer / City of Fayetteville P.O. Drawer "F" Fayetteville, Arkansas 72701 1 I Dear Mr. Mackey: Air Terminal Parking Company is pleased to submit the following proposal for the management and operation of the public automobile parking lot at the new terminal building, Drake Field, Fayetteville, Arkansas. Air Terminal Parking Company operates parking facilities in fifteen (15) states and specializes in the operation of airport parking facilities. Attached is a list of the cities where we operate and also a list of references, both financial and opera- tional. We invite you to check with any of these people as to our ability to perform. We have visited Drake Field numerous times and are quite familiar with the growth and expansion the airport has experienced. Our proposal reflects the method to control traffic and parking and, of course,. is subject to negotiated modifications. We appreciate the opportunity of submitting this proposal and look forward to the opportunity to discuss it with you in detail. Sincerely, IV Ron R. McDonald Vice President RRM:md I 1 I I I.t I 1 I 1 II I 1 MANAGEMENT AND OPERATING PROPOSAL For the privilege of managing and operating the public auto- mobile parking lot at the new terminal building, Drake Field, Fayetteville, Arkansas, Air Terminal Parking Company proposes the following: IMPROVEMENTS AND INSTALLATIONS: Air Terminal Parking Company will make capital expendi- tures of approximately $30, 000 to purchase and install the control equipment, including but not limited to, control booth, automatic gates, ticket dispensers, signs, revenue control equipment, etc. for the effective control of the parking facilities as shown on the attached traffic control plan. We have indicated the location of the parking control equipment and the cashier's booth on this plan which was provided by the City of Fayetteville. We have also enclosed brochures describing the control equipment and cashier's booth that we propose to install subject to approval of the Board of Directors of the City of Fayetteville. FUTURE IMPROVEMENTS: SIGNS: Air Terminal Parking Company will, at its expense, through- out the term of the lease or any extension thereof, expand the commercial parking areas as the need arises provided the terms and conditions are mutually agreed upon between the City and Air Terminal Parking Company prior to such expan- sion. We will erect a sufficient amount of uniform traffic and parking regulatory signs throughout the area to assist the public and insure a smooth traffic flow. The design and installation to be approved by the City..' ' OPERATION: ' Those employed to operate the facility shall be uniformly dressed, courteous and polite to the customer at all times, ' and shall be subject to dismissal upon complaint or sug- gestion of the City Manager, Our Resident Manager will have full responsibility for the day-to-day operation. We 1 have the management depth and assigned areas of responsi- bility to provide for a well-balanced, highly responsive parking operation. The Director of Operations maintains close contact through regular inspections and visits to review and check the operation with the Resident Manager. Close ' communication will be maintained with the Airport Manager by the Regional Vice President to insure satisfactory parking ' objectives are being met on a continuing basis. INSURANCE: We will execute application for, procure, and keep in full force and effect during the term of the lease and concession agreement, insurance policies providing indemnification against loss from fire and like perils, and public liability coverage with minimum limits of $100, 000/$300, 000 for bodily injury and a limit of $25, 000 for property damage. We agree to keep, save and hold harmless the City from any and all claims for injury or damages arising out of or in connection with the operation of the parking facility. UTILITIES ' We will pay the utility costs incident to the operation of the parking equipment. The City will furnish power for the existing parking lot lights. MAINTENANCE: ' We will, at our expense, maintain all signs and equipment in good repair during the term of the lease. The parking area will be kept clean of all rubbish, including snow removal, etc. � Y