HomeMy WebLinkAbout87-86 RESOLUTION•
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RESOLUTION NO. 87-86
A RESOLUTION AUTHORIZING THE MAYOR AND CITY
CLERK TO EXECUTE RENEWAL OF LEASES FOR
ADVERTISING DISPLAY SPACE AND DIRECT TELEPHONE
SPACE AT THE AIRPORT TERMINAL BUILDING.
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF
FAYETTEVILLE, ARKANSAS:
Section 1. That the Mayor and City Clerk are hereby
authorized and directed to execute renewal of leases for adver-
tising display space at the airport terminal building with Best
Western - The Inn, the Hilton Hotel, and Northwest Air at a rent
of $80 per month.
Section 2. That the Mayor and City Clerk are hereby
authorized and directed execute renewal of leases for direct
telephone space at.the airport terminal building with Best Western
- The Inn and the Hilton Hotel at a rent of $20 per month.
PASSED AND APPROVED this 19th day of August
APPROVED
By:
Mayor
, 1986.
LEASE AGREEMENT
Lease Agreement executed this
day of
19 by and between theCity of Fayetteville,
ArkazYsas, hereinafter called "Lessor", and Hilton
of 70 N. East Street,
Street
Arkansas
State
Fayetteville
City
, hereinafter called "Leasee".
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 mutual covenants
contained herein the parties hereby agree'as follows:
1. Lessor hereby leases to Lessee, and Lessee hereby
leases from Lessor, that certain advertising 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
Exterior: 28"x 44" x3" identified as exhibit space number
26
2. Term. The term of this agreement shall be for a
period of one year commencing on the23rd day of October
19 86 and ending on the 22nd day of October
, 1987 at
12:00 P.M..
3. Removal of Display Material: Upon termination or
cancellation of this agreement, Lessee shall immediately
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.
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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. 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
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
Lessee shall pay a late charge equivalent to ten percent
0.07,2 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.
1111.
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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 Leasee to clean the display space ceased 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,
costs and expenses asserted by any person or persons, including
agents or employees of Lessor or Lessee, resulting from
Lessee's use of the demisedpremises 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
leased hereby is determined to be in violation of any federal,
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
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
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5
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.
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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
113 West Mountain St„ Fayetteville, Arkansas 72'701.'
Notices to Lessee
shall be sufficient if sent by certified mail addressed to
Lessee at
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IN WITNESS WHEREOF the parties hereto have executed this
agreement on the year and date first above written.
ATTEST
ATTEST:
(title)
CITY OF FAYETTEVILLE, ARKANSAS,
LESSOR
LESSEE
(Title)
l eJltrt„( �i? incJq r--
LEASE AGREEMENT
•
MICIP.OFItAtO
Th » Lease Agreement executed this c9 day of
, 19_ i by and between the City of Fayetteville,
Arkansas(, hereinafter called "Lessor", and Hilton
hereinafter called "Lessee".
WHEREAS, Lessor has available for lease at the Fayetteville
Airport Terminal Building space for a direct airport-hotel/motel
telephone;
WHEREAS, Lessee desires to lease said space from Lessor.
NOW, THEREFORE, in consideration of the mutual covenants
contained herein the parties hereby agree as follows:
1. Lessor hereby leases to Lessee, and Lessee hereby
leases from Lessor, that certain air-hotel/motel direct
phone space at the Fayetteville Airport Terminal Building
depicted on Exhibit "A" attached hereto and made a part
hereof. Said space consists of one section
identified as direct phone space number 1
2. Lessee agrees that its direct phone acoamganying advertisement
will measure Brox: 7"x 4"
3. Term The term of this agreement shall be for a
period of one year commencing on the 29th day of .7tmly
19 86 and ending on the28th day of ,7ujy
19 87 at 12:00 P.M.
4. Removal of direct phone and accompanying advertisement:
Upon termination or cancellation of this agreement, Lessee
shall immediately remove the direct phone and accompanying
advertisement in a workmanlike manner. In the event Lessee
fails to remove its direct phone and advertisement within
five (5) days from the termination or cancellation date,
said direct phone and advertisement shall be deemed abandoned
and shall become the property of Lessor and Lessor shall
have the right to remove and dispose of said material.
5. Maintenance: The City shall maintain and clean
the direct phone carrousel. The City shall have the right,
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at its discretion, to perform necessary maintenance of and
repairs to the direct phone and accompanying advertisement
in order to maintain a high standard of appearance; the cost
of such maintenance of repairs shall be paid by Lessee
within fifteen (15) days from receipt of a statement therefore
from Lessor.
6. The direct phone and accompanying advertisement
shall not be placed on the direct phone carrousel leased
hereby to Lessee without the prior approval of Lessor's
Airport Committee. Lessee agrees that Lessor's Airport
Committee may disapprove any proposed phone style and/or
advertising material which Lessor's Airport Committee determines
would be detrimental to the operation of the Airport. In
the event the Airport Committee disapproves a proposed phone
style and/or advertisement, the Airport Manager shall state
in writing to Lessee the reasons the proposed phone style
and/or advertisement 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 phone style and/or advertisement, which is
found to violate any federal, state, or local law or which
is found to infringe upon any copyright or trademark.
7. The City shall provide random surveillance
during normal Airport operating hours in order to protect
Lessee's direct -phone carrousel space 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 cyrrousel
space.
8. In the event Lessee, through no fault of its own,
is deprived from using the direct phone carrousel leased
hereby, or if the public is denied normal access to the
Airport Terminal Building during regular working hours, the
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consideration payable Lessor by Iacsee under this lease
shall be adjusted downward on a pro -rata basis for the
period of such deprivation or denial. Should such de-
privation or denial continue for ninety (90) calendar days
Tnssee may terminate this lease as of the original date of
such deprivation or denial by giving Lessor written notice
of termination.
9. Consideration: As consideration for use of the
demised premises, Lessee agrees to pay Lessor for the tern
of this lease the sum of $ -- per nth/or $ 20.00
per month if Lessee leases a advertising space in the
terminal building (whichever is applicable). Payable 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 (10%) percent 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 autanatically
be terminated and Lessee shall have the right to remove the
direct encore and accarpanying advertisement frau the direct
phone carrousel space leased hereby.
tme
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Upon execution of this lease agreement, Lessee shall
deposit with Lessor a damage deposit in the amount of
50.00
. 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 Lessor toclean the display space leased hereby, shall be
returned to Lessee upon termination or cancellation of this
agreement.
10. 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.
11. 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
leased hereby is determined to be in violation of any federal,
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
all claims, damages and penalties which may arise therefrom.
12 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
5
Secretary of Transportation as now worded br 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..
13. Lessor shall have the right to place, or have
placed, at the Airport any advertisement or exhibit.
14. 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: r
(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.
15 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:
1
(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.
41.
6
(c) Issuance by any courtof 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.
16• Notices: Notices to Lessor shall be sufficient if sent
by certified mail, addressed to Lessor's Airport Manager at
113 west Mountain Sty, Fayetteville, AR 72701. Notices to Lessee
shall be sufficient if sent by certified mail. addressed to'"
Lessee at
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IN WITNESS WHEREOF the parties hereto have executed this
agreement on the year and date first above written.
ATTEST:
frgcr
•
CITY OF FAYETTEVILLE, ARKANSAS,
LESSOR
LESSEE
Title)
ATTEST: G 'edPer
(Title)
This
LEASE AGREEMENT
Lease Agreement executed this
day of
MICROFILM
, 19 by and between the City of Fayetteville,
Arkansas, hereinafter
of Highways 71 and 62.
Street
Arkansas
State
•
called "Lessor", and Best Western -The inn
Fayetteville.
City
, 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 mutual covenants
•contained_her-ein_the--parties hereby agree as follows:
1. Lessor hereby leases to Lessee, and Lessee hereby
leases from Lessor, that certain advertising 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
Exterior: 28" x 44" identified as exhibit space number
.28
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2. Term: The term of this agreement shall be for a
period of one year commencing on the llth day of
1985 , and ending on the 10th day of
12:00 F.M..
September
September
, 1986 at
3. Removal of Display Material: Upon termination or
cancellation of this agreement, Lessee shall immediately
•
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
3
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. 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
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
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.
4
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,
coats 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; buttot
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
leased hereby is determined.to be in violation of any federal,
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
all claims, damages and penalties which may arise therefrom.
11. Lessee shallnot, on the grounds of race, color,
•
creed,_national origin, sex,Lor.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
- 5
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.
6
(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.
shall be sufficient if sent by certified mail addressed to
Lessee at 1000 Highway 71 By Pass, Fayetteville, AR 72701
IN WITNESS WHEREOF the parties hereto have executed this
agreement on the year and date first above written.
Notices to Lessee
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ATTEST:
(Title)
CITY OF FAYETTEVILLE, ARKANSAS,
LESSOR
LESSEE, o f- Lkf Ari Lvjr�
By: 9u--C� 44-11
Title)m Cncfr
LEASE AGREEMENT
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This ease /agreement executed this 02/ day of
•
, 19by and between the City of Fayetteville,
Arkansas, h(4rainafter called "Lessor", and Best Western -The Inn
hereinafter called "Lessee".
WHEREAS. Lessor has available for lease at the Fayetteville
Airport Terminal Building space for a direct airport-hotel/motel
•
telephone;
WHEREAS, Lessee desires to lease said space from Lessor.
•
,i NOW, THEREFORE, in consideration of the mutual covenants
contained herein the parties hereby agree as follows:
1. Lessor hereby leases to Lessee, and Lessee hereby
leases from Lessor, that certain air-hotel/motel direct
phone space at the Fayetteville Airport Terminal Building
depicted on Exhibit "A" attached hereto and made a part
hereof. Said space -consists of one section
identified as direct phone space number .
; -
2. ,Lessee agrees that its direct phone awwpanying advertisement
win wane approx: 7" x 4"
3. Term: The term of this agreement shall be for a
period of one year commencing on the 27th day of August
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19 86 ,and ending on the 26th day of August
,19 87 at 12:00 P.M.
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4. Removal of direct phone and accompanying advertisement:
Upon termination or cancellation of this agreement, Lessee
.shall immediately remove the direct phone and accompanying
advertisement in a workmanlike manner. In the event Lessee
fails to remove its direct phone and advertisement within
7i
five (5) days from the termination or cancellation date,
said direct phone and advertisement shall be deemed abandoned
and shall become the property of Lessor and Lessor shall
have the right to remove and dispose of said material.
5. Maintenance: The City shall maintain and clean
the direct phone carrousel. The City shall have the right,
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