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HomeMy WebLinkAbout102-85 RESOLUTIONRESOLUTION NO. 102-85 A RESOLUTION AUTHORIZING THE MAYOR AND CITY CT.FRK TO EXECUTE 'IWO LEASE AGREEMENTS FOR ADVERTISING SPACE IN THE DRAKE FIELD TERMINAL BUILDING WITH THE HILTON HOTEL AND BEST WESTERN - THE INN. BE IT. RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYEITEVILLE, ARKANSAS: That the Mayor and City Clerk are hereby authorized and directed to execute two lease agreements for advertising space in the Drake Field Terminal Building with the Hilton Hotel and Best Western - The Inn. Copies of the lease agreements authorized for execution hereby are attached hereto marked Exhibits "A" and "B" and made a part hereof. PASSED AND APPROVED this 17th day of September q t APPROVE dija, Mayor , 1985. • • • LEASE AGREEMENT This. Lease Agreement executed this aE5 a y 4-47tax-t, 19iLf by and between the City of of Fayetteville, Arkansas hereinafter called "Lessor", and The Fayetteville Hilton of X70 North East Street, Fayetteville, Street Arkansas .1 State WHEREAS, Lessor display space at the 1 ands f has City , hereinaftercalled "Lessee". available for lease advertising Fayetteville Airport Terminal Building; WHEREAS, Lessee desires to lease certain advertising display 'pace from Lessor. I NOW! THEREFORE, in consideration of the I contained herein the parties hereby agree as 1. Lessor hereby leases to Lessee, and leases from Lessor, that certain advertising at the Fayetteville mutual covenants follows: Lessee hereby display space Airport Terminal Building depicted on. Exhibit 'A" attached hereto and made a part hereof, which display space consists of one (1) wall display measuring Exterior: 28" x 44" identified as exhibit space number 26 2.Term: The term of this agreement shall be for a period of one year commencing on the 23rd day of October 19.85, and ending on the 22nd day of pcuber , 1986 12:00 P.M... 3. at Removal of Display Material: Upon termination or cancellation of this agreement, Lessee shall immediately f. , • 1 I; Ij 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 right to 'remove and dispose of said.material. 4. Maintenance: The City shall maintain and clean the display case. The Cityshall have the right, at its discretion, i to perform necessary maintenance of,and repairs to any I display sign, poster, or other advertising material or 1 11 exhibit in the display case in order to maintain a high standardl,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. 'No advertising material or exhibit shall be placed in Ithe &splay 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 � I advertising material or exhibit which Lessor's Airport Committee determines would be detrimental to the operation I II of the Airport. In the event the Airport Committee disapproves ( I� 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 1� of the Airport. The Airport Committee and the Fayetteville Board of Directors shall have the right to refuse to approve any proposed advertisement, material or exhibit which is I found to violate any federal, state, or local law or which is found to infringe upon any copyright or trademark. 1 1 1I �I 1 I, I 1 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 thediscovery of any`' damage to Lessee's display. j 7. In the•event Lessee, through no fault of its own, is jdeprived from using the display space leased hereby, or if the public is denied normal access to the Airport Terminal Buildingpduring regular working hours, the consideration it i 11 payable Lessor by Lessee under this lease shall be adjusted 1 1 downward! on a pro -rata basis for the period of such deprivation or denial. Should such deprivation or denial continue for 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 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 i Lessee shall pay a late charge equivalent to ten percent i 1 COM ofithe 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 E I material from the display space leased hereby. 1 1 Upon 'execution of this lease agreement, Lessee shall deposit with $ 80.00! Lessor a damage deposit in the amount of Said deposit, leas expenses incurred by • Lessor to repair damage caused by Lessee or Lessee's agents, employees, licensees, or invitees, and less costs incurred 1 by Lessee to clean the display space leased hereby, shall.be 1 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, 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 libel, trademark or copyright infringement, or plagiarism. In the event any material or exhibit placed in the display space 6 leased hereby is determined to be in violation of any federal, state orlocal law, Lessee shall immediately remove said material or exhibit and shall idemnify, defend and hold harmless Lessor and Lessor's employees and officials from all claims, damages 11.1 Lessee shall not, creed, national origin, sex, or 1 permit discrimination against any perso in any manner prohibited by Title VI of of 19641�and Part 21 of the Regulations and penalties which may arise therefrom. on the grounds of race, color, handicap, discriminate or n or group of persons the Civil Rights Act of the Office of the 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 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 right to termination contained herein, Lessor shall have the 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 opel ation 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. I Termination by Lessee: Lessee may terminate this agreement by giving written notice of termination to Lessor upon the occurrence 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 the demised premises for a period in excess of 90 days. (c) Issuance by any cour 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 coveinant contained herein and the failure of the City to remedy such default within 60 days after receipt of written notice from Lessee. t of competent jurisdiction 15. Notices Notices to Lessor shall be sufficient if sent by certified mail, addressed to Lessor's P.O. Drawer F, Fayetteville shall bejsufficient if sent Lessee at Airport Manager at , Arkansas 72702. Notices to Lessee by certified mail addressed to IN WITNESS WHEREOF the parties Agreement on the year and date ATTEST: (Title) 16. AVAILABILITY OF SPACE No. • hereto have executed this first above written. CITY OF FAYETTEVILLE, ARKANSAS, LESSOR LESSEE /� o B : �•�,/�- (Title crtVG-I an«5 we P. 27 or No. 28. That the Fayetteville Hilton be ,given the opportunity to move wall display from No 26 to either Space No.'27 or Space No 28, when either Roland Sard`aczuk, Gey ra`1 Manager shoukd come le City of Fa ett= alle; Arkansas • LEASE AGREEMENT This Lease Agreement executed this day of 1 , 19 by and between the City of Fayetteville, I Arkansas;. hereinafter called "Lessor", and gest Western -The Tnn of Hictiways 71 and 62. Fayetteville, r Street City Arkansas State , hereinafter called "Lessee". WHEREAS, Lessor has available for lease advertising display space at the Fayetteville Airport Terminal Building; and WHEREAS, display space NOW) THEREFORE, contained herein the 1. 1Lessor hereby leases to leases from Lessor, that certain at the Fayetteville Airport Lessee desires to lease certain advertising from Lessor. in consideration of the mutual covenants parties hereby agree as follows: Lessee, and Lessee hereby advertising display space Terminal Building depicted on Exhibit display A" attached hereto and made a part hereof, which pace consists Exterior:. 28" x 44" 28 2. of one (1) wall display measuring identified as exhibit space number Term: The term of this agreement shall be for a September , 1986 at period of one year commencing on the 11th day of 1985 and ending on the 10__ day of septesrter 12:00 F.M.. 3. Removal of Display Material: Upon termination or cancellation of this agreement, Lessee shall immediately 2 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 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. No 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 of Directors 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. 1 6. iThe 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. 'In 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 downwardton a pro -rata basis for the period of such deprivation or denial. Should such deprivation or denial continue for 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 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%) ofthe 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. 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 employees, licensees, or invitees, and less by Lessee to clean the display space leased returned. to Lessee upon termination or agreement. 9. 'Lessee shall not assign, encumber this lease without the prior written Lessor's Airport Manager. Lessee shall not sublet premises and shall not allow.the demised premises for any purpose not authorized by this agreement, prior written approval of Lessor. 10. Lessee shall idemnify and hold Lessor harmless from and against any and all claims, demands, suits, judgments, 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, limited to, claims for death or personal injury person, loss or damage to property, and damages trademark or copyright infringement, event any material or exhibit placed leased hereby is determined.to state or local law, material or exhibit harmless. Lessor and all claims, damages 11. Lessee creed, national permit discrimination against in any manner prohibited by Title of 1964 and Part 21 of the Regulations of Lessee's agents, costs incurred hereby, shall be cancellation of transfer, pledge, or approval the this otherwise of demised to be used without the but not to any for libel, or plagiarism. In the in the display space be in violation of any federal, Lessee shall immediately remove said and shall idemnify, defend and hold Lessor's employees and officials from and penalties which may arise therefrom. shall not, on the grounds of race, color, origin, sex, or handicap,' discriminate or any person or group of persons VI of the Civil Rights Act the Office of the 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 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 the occurrence 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 the demised premises for a period in excess of 90 days. • (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 72702, Notices to Lessee shall belsufficient if sent by certified mail addressed to Lessee at 1000 Ai(hwav 71 By Pass, Favetteville, AR 72701 • 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 6;ii:5-21/ By: Mayor D21,7„ LESSEE, js f b'sib fes'^ L1 By %— Lea Title) ancfe,