HomeMy WebLinkAbout58-89 RESOLUTIONRESOLUTION NO. 58-89
A RESOLUTION AUTHORIZING THE MAYOR AND CITY
CLERK TO EXECUTE A ONE-YEAR LEASE WITH JOE
TERMINELLA FOR 'A SPACE" IN,A- T -HANGAR AT THE
FAYETTEVILLE AIRPORT.
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BE IT RESOLVED BY -THE BOARD OF DIRECTORS OF THE CITY OF
FAYETTEVITLF, ARKANSAS:
Section 1. That the Mayor and City Clerk are hereby
authorized and directed to execute a one-year lease agreement with
Joe Terminella for a space in a T -hangar. The rental rate shall
be for $115.00 per month with a provision for five additional one
year options. A copy of the lease agreement authorized for
execution hereby is attached hereto marked Exhibit "A" and made a
part hereof.
PASSED AND APPROVED this 18th
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APPROVED:
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BY:dealt:4Waf-As.t/
Mayor
LEASE
nekThis LEASE executed this
q19 , by and between the City of Fayetteville, A- ansas, hereinafter,
called "Lessor" and Joe Terminella
hereinafter called "Lessee".
WHEREAS, Lessor is the owner of an airport known as the Fayetteville
Municipal Airport (Crake Field), herein referred to as "the Airport";
and
WHEREAS, Lessor is installing at the Airport portable hangars
for the purpose of storing aircraft; and
WHEREAS, Lessee is the owner of an airplane and desires to lease
a T -hangar; ant
WHEREAS, Lessor is willing to lease a T -'-hangar to Lessee.
NOW, THEREFORE, in consideration of the mutual covenants contained
herein the parties agree as follows:
1. Lessor leases to Lessee, and Lessee leases from Lessor,
space number B-4
in aircraft hangar number
reflected on Exhibit "A" attached hereto and made a part here0f.
Said T -hangar is presently located, or shall be installed by Lessor,
on the :airport premises. At any time during the term of this lease,
Lessor shall
space, as it
be. entitled
have the right to relocate Lessee to other suitable hangar
becomes available, on the Airport premises. Lessee shall
to ten (10) days written notice from Lessor before any
• such relocatjon shall be made; but such relocation shall not constitute
a breach of this agreement by Lessor and shall not entitle Lessee
to terminate this agreement. Lessee further agrees that it shall
only be permitted toTen-gage hi -Minor maintenance on the airplane stored
in the building and shall not engage in any major ove-r-±haul of the
'‘airplane within the leased premises.
2. Subject to earlier termination as hereinafter provided,
the initial term of this agreement shall be for a period of
year(s) commencing on the
1st day of
t
and ending on the 31sday of
May
June
1
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199
90
, 19 . Lessor
or Lessee may terminate this lease at any time by giving the other
party 30 days written notice of termination. This agreement may be
2.19 It
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extended for up to 5 additional one year terms in accordance with
the following procedure: At least 60 days prior to the scheduled
termination date, Lessor shall give Lessee written notice of the monthly
rent payable in the extended term; at least 30 days prior to the termina-
tion date, Lessee shall give Lessor written notice if Lessee exercises
this option to extend.
3. During the term of this lease, Lessee agrees to pay Lessor
for the use of the demised premises the sum of $ 115.00 per
month. Said sum shall be payable in advance on or before the first
day of each month.
4. Lessee shall provide for and supply at its expense all janitor
service with respect to the demised premises. Lessor shall pay for
all utilities serving the demised premises, including, but not limited
to heat, light, gas, electricity and water.
5. Lessee agrees to observe and obey all ordinances, rules
and regulations premulated by Lessor with respect to use of the Airport
and the demised premises; provided, however, such ordinances, rules
andregulationsshall be consistentwith safety and with rules, regulations
and order of the Federal Aviation Administration with respect to aircraft
operations at the Airport; and provided further, such rules and regulations
shall not be inconsistent with the provisions of this agreement or
the procedures prescribed or approved from time to time by the Federal
Aviation Administration with respect to the operation of Lessee's
aircraft at the Airport.
6. If the demised premises are partially damaged by fire, the
elements, or other casualty, said T -hangar shall be repaired with
due diligence by Lessor at its own cost and expense. If the damage
is so extensive as to render the demised premises untenantable, but
capable of being repaired in sixty (60) days, the T -hangar shall be
repaired with due diligence by Lessor at its own cost and expense,
and the rent payable hereunder shall be proportionately paid up to
the time of such damage and shall thenceforth cease until such time
as the T -hangar shall be fully restored.
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In the event the T -hangar leased hereunder is destroyed or is
damaged so extensively that it cannot be repaired within sixty (60)
days, this agreement may be terminated at the option of either Lessor
or Lessee.
In the event that the Airport is rendered unusable, there shall
be a proportionate abatement of the rental provided for herein during
the period that the Airport is unusable.
7. Lessee agrees to indemnify Lessor against all liability
for injuries to persons or damage to property caused by Lessee's use
or occupancy of the demised premises; provided, however, Lessee shall
not be liable for any injury, damage, or loss occasioned by the negligence
of Lessor or its agents or employees; and provided further, Lessor
shall give to Lessee prompt and timely notice of any claim made or
suit instituted which in any way directly or indirectly affects or
might affect Lessee and Lessee shall have the right to compromise
and defend the same to the. extent of its own interest.
8. If Lessee fails to make any payment due hereunder within
ten (10) days of the date on which such payment is due, Lessor may,
at its option, terminatethis agreement and take possession of such
of Lessee's personal property as is reasonably necessary to secure
payment of the amount due and unpaid.
9. Upon expiration or other termiration of this lease, Lessee's
rights to use of the demised premises shall cease, and Lessee shall
vacate the premises without unreasonable delay.
All fixtures, improvements, equipment, and other property brought,
installed, erected or placed by Lessee on the demised premises shall
be deemed to be personalty and shall remain the property of Lessee.
Lessee shall have the right at any time during the term of this agreement,
to remove any or all of such property from the Airport, subject, however,
t� Lessee's obligations to repair all damages, if any, resulting from
such removal. Any and all property not removed by Lessee prior to
the expiration of this lease shall thereupon become the property of
Lessor and title thereto shall thereupon vest in Lessor.
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1B. Lessor may enter the demised premises at any reasonable
time for any reasonable purpose necessary or incidental to the performance
of its obligations hereunder
11. Lessee shall not at any time sublet the demised premises
or assign its rights under this agreement without the written consent
of Lessor. No such subletting or assignment shall release Lessee
from its obligations to pay the rentals set forth herein.
12. Notice as provided for herein shall be sufficient if sent
by certified mail, postage prepaid, addressed as follows:
Notice to Lessor:
Airport Manager
113 West Mountain Street
Fayetteville, Arkansas 72701
Notice to Lessee:
Joe Terminella
1611 Armstrong
Fayetteville, Arkansas 72701 Ph: 521-0525 (work) or 443-5004 (brother)
13. This agreement shall be construed under the laws of the
State of Arkansas.
14. All covenants, conditions and provides in this agreement
shall extend to and bind the legal representatives, successors and
assigns of the respective parties hereto.
IN WITNESS WHEREOF, the parties have executed this agreement
on the day and year first above written.
CITY OF FAYETTEVILLE, ARKANSAS
Lessor
ATTEST
By: 2577-c4:4
Title:
By
Lessee
By:
Title:
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