HomeMy WebLinkAbout08-85 RESOLUTIONRESOLUTION ND. 8-85
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A RESOLUTION AUTHORIZING THE MAYOR AND CITY CTFRK
TO EXECUTE A LEASE WITH NORTHWEST AIR DOR ADVERTISING
SPACE IN THE AIRPORT TERMINAL BUILDING.
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETT VLLE,
ARKANSAS:
That the Mayor and City Clerk are hereby authorized and directed
to execute a Lease with Northwest Air for advertising space in the
Airport Terminal Building. A copy of the Lease authorized for execution
hereby is attached hereto marked Exhibit "A" and made a part hereof.
PASSED AND APPROVED this 22 day of
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INA
APPROVED
January
By: PaGel
Mayor
r
, 1985.
"424,,,&
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LEASE AGREEMENT
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This Lease Agreement executed
May(
this 6th day of
, 1985 by and between the City of Fayetteville,
Arkansas,'. hereinafter called "Lessor" and Northwpct
of P: O. Box 756:
Street
Arkansas
State
Fayetteville,
City
Air
hereinafter called "Lessee".
WHEREAS, Lessor has available for lease advertising
display space at the Fayetteville Airport Terminal Building;
and
WHEREAS, Lessee desires to lease certain advertising
display space from Lessor.
NOW,. THEREFORE, in consideration of the
contained herein the parties hereby agree as
1. Lessor hereby leases to Lessee, and
leases from Lessor, that certain advertising
mutual covenants
follows:
Lessee hereby
display space
at the Fayetteville Airport Terminal Building depicted on
Exhibit 'A" attached hereto and made a part hereof, which
display space consists of one (1) wall display measuring
identified as exhibit space number
5
2. Term: The term of this agreement shall be for a
period of one year commencing on the 6th day of .
19 85 , and ending on the 5th day of riay.` 19 86 at
12:00 P.M..
3. Removal of Display Material: Upon termination or
cancellation of this agreement, Lessee shall immediately
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EXHIBIT.,_.,.
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AND
remove all display material in a workmanlike manner. In the
event Lessee fails to remove all display material within
five (5) days from the termination or cancellation date,
said display material shall be deemed abandoned and shall
become the property of Lessor and Lessor shall have the
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right to remove and dispose of said material.
4. Maintenance: The City shall maintain and clean the
display case. The City shall have the right, at its discretion,
to perform necessary maintenance of and repairs to any
display sign, poster, or other advertising material or
exhibit in the display case in order to maintain a high
standard of appearance; the cost of such maintenance or
repairs shall be paid by Lessee within fifteen (15) days
from receipt of a statement therefore from Lessor.
5. qNo advertising material or exhibit shall be placed
in the display space leased hereby to Lessee without the
prior approval of Lessor's Airport Committee. Lessee agrees
that Lessor's Airport Committee may disapprove any proposed
advertising material or exhibit which Lessor's Airport
Committee determines would be detrimental to the operation
of the Airport. In the event the Airport Committee disapproves
a proposed advertisement or exhibit, the Airport Manager
shall state in writing to Lessee the reasons the proposed
advertisement or exhibit would be detrimental to the operation
of the Airport. The Airport Committee and the Fayetteville
Board ofDirectors shall have the right to refuse to approve
any proposed advertisement, material or exhibit which is
found to violate any federal, state, or local law or which
is found ,to infringe upon any copyright or trademark.
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6. ;The City shall provide police surveillance during
normal Airport operating hours in order to protect Lessee's
display against damage from vandalism or trespass, but
Lessor shall not be liable to Lessee for any such damage.
Lessor shall immediately report to Lessee the discovery of
any damage to Lessee's display.
7. ;lri the event Lessee, through no fault of its own,
is deprived from using the display space leased hereby, or
if the public is denied normal access to the Airport Terminal
Building during regular working hours, the consideration
payable Lessor by Lessee under this lease shall be adjusted
downward;on a pro -rata basis for the period of such deprivation
or denial. Should such deprivation or denial continue for
11.
ninety (90) calendar days Lessee may terminate this lease as
of the original date of such deprivation or denial by. giving
Lessor written notice of termination.
8. Consideration: As consideration for use of the
demised premises, Lessor agrees to pay Lessee for the
term of this lease the sum of $ 960.00 payable in
it
monthly installments of $ 80.00 in advance on or
before the first day of each month. If any monthly payment
due Lessor is not received by the 10th day of the month
Lessee shall pay a late charge equivalent to ten percent
(10%) of„the monthly installment due. If the monthly
installment plus late charge are not received by the 30th
day of the month, this lease shall automatically be terminated
and Lessee shall have the right to remove any display
material :from the display space leased hereby.
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Upon execution of this lease agreement, Lessee shall
deposit with Lessor a damage deposit in the amount of
$ 80.00 Said deposit, less expenses incurred by
Lessor to repair damage caused by Lessee or Lessee's agents,
employees, licensees, or invitees, and less costs incurred
by Lessee to clean the display space leased hereby, shall be
returned to Lessee upon termination or cancellation of this
agreement.
9. Lessee shall not assign, transfer, pledge, or otherwise
encumber, this lease without the prior written approval of
Lessor's Airport Manager. Lessee shall not sublet the demised
premises and shall not allow the demised premises to be used
for any purpose not authorized by this agreement, without the
prior written approval of Lessor.
10. Lessee shall idemnify and hold Lessor harmless from
and against any and all claims, demands, suits, judgments,
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costs and expenses asserted by any person or persons, including
agents or employees of Lessor or Lessee, resulting from
Lessee's use of the demised premises including, but not
limited ,to, claims for death or personal injury to any
person, loss or damage to property, and damages for
trademark or copyright infringement, or plagiarism.
event any material or exhibit placed in the display
leased hereby is determined to be in violation
state or, local law, Lessee shall immediately remove said
material' or exhibit and shall idemnify, defend and hold
harmless Lessor and Lessor's employees and officials from
libel,
In the
space
of any federal,
all claims, damages and penalties which may arise therefrom.
11. Lessee shall not, on the grounds of race, color,
creed, national origin, sex, or handicap, discriminate or
permit discrimination against any person or group of persons
in any manner prohibited by Title VI of the Civil Rights Act
of 1964 and Part 21 of the Regulations of the Office of the
it
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Secretary of Transportation as now worded or as may hereafter
be amended. Lessor shall have the right to take such action
as the United States government may direct to enforce this
covenant. Nothing contained herein shall be construed to
grant or authorize the granting of an exclusive right within
the meaning of Section 308 of the Federal Aviation Act of
1
1958.
12. Lessor shall have the right to place, or have
placed, at the Airport any advertisement or exhibit.
13. Termination by Lessor: In addition to any other
right of termination contained herein, Lessor shall have the
right to terminate this agreement in the event of any of the
following:
(a) The filing by Lessee of a voluntary petition
in bankruptcy;
(b) The adjudication of Lessee as a bankrupt
pursuant to bankruptcy proceedings;
(c) The appointment of a receiver of Lessee's
assets;
(d) The divestature of Lessee's estate herein by
operation of law;
(e) The abandonment by Lessee of the use of the
demised premises;
' (f) Damage from any cause to the demised premises
which damage makes said premises untenantable for 90 days.
14. 'Termination by Lessee: Lessee may terminate this
agreement by giving written notice of termination to Lessor
upon theoccurrence of any of the following events:
(a) The permanent abandonment of the Airport
Terminal Building described in Exhibit "A" attached
hereto and made a part hereof.
(b) The lawful assumption by the United States
government, or any authorized agency thereof, of the
operation, control or use of the Airport in such a
manner as to substantially restrict Lessee from using
theIdemisedpremises for a period in excess of 90 days.
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(c) Issuance by any court of competent jurisdiction
of an injunction preventing or restraining the use of the
Airport Terminal Building for a period in excess of 90
calendar days.
(d) Default by the City in the performance of any
covenant contained herein and the failure of .the City to
remedy such default within 60 days after receipt of written
notice from Lessee.
15. Notices: Notices to Lessor shall be sufficient if sent
by certified mail, addressed to Lessor's Airport Manager at
P.O. Drawer F, Fayetteville, Arkansas 72701. Notices to Lessee
shall be sufficient if sent by certified mail addressed to
Lessee at
P. 0. Box 756, Fayetteville, AR 72702.
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IN WITNESS WHEREOF the parties hereto have executed this
agreement on the year and date first above written.
ATTEST:
(Title)
CITY OF FAYETTEVILLE, ARKANSAS,
LESSOR
Mayor
LESSEE
By: ,in_ P97
Title)
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