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Home My WebLink About7-92 RESOLUTION• • • • • RESOLUTION N0. 7-92 A RESOLUTION AUTHORRIZING THE MAYOR AND CITY CLERK TO !MUTE LEASE MODIFICATIONS FOR THE FIVE AIR CARRIERS FOR THEIR 1992 RATES AND CHARGES. Ea IT RESOLVED BY TBE BOARD OF DIRECTORS OF THE CITY OF FAYbAR'XVTLLE, ARKANSAS: Section 1. That the Mayor and City Clerk are hereby authorized and directed to execute lease modifications for the five air carriers for their 1992 rates and charges. A copy of the five lease modifications authorized for execution hereby is attached hereto marked Exhibit "A" and made a part hereof. PASSED AND APPROVED this 7th day of January , 1992. ATTEST: By 1 City Clerk APPROVED: i.� r 0 By: Y+4.!'#7 4 % moi e% Mayor This AGREED' made this 7 day of 4 , 91 2---44.11 by and between the city at Fayettevill Arkansas, herein- after called "Lessor", with Atlantic Southeast Airlines, Inc., hereinafter called "Lessee", which shall be effective January 1, 1992. YHERIAS Lessor and Atlantic Southeast Airlines, Inc.. entered into a lease agreement dated May 1, 1985, which lease has been modified by subsequent agreements and is incorporated herein by reference thereto; and WHEREAS, the parties desire to further modify the aforesaid lease agreement. NOW, THEREFORE, THE PARTIES MUTUALLY AGREE AS FOLLOWS: 1. Paragraph 5 of said lease is modified by amending subparagraph 8 to read: B. For the non-exclusive space in the terminal consisting of gate areas, passenger ticket counter waiting area and baggage claim, the following formula shall be utilized: 5,938 square feet shall be charged at a rate of 57.88 per square foot for 1992. 204 of $46,791.44 will be divided _At' equally between Airline tenants and charged monthly; the remaining 80% will be based on percentages of enplaned passengers and charged monthly. 744 1941e.e teets}e e.1 re,A/ dears(thetaAtit fecl,e w On/ ••e1 emelt .1Acf%ve MO:/ �Aii no elf -4 errs.d.4 ,ee- ete/ri re ere is r. 441J.r..M.4. Per.. Sr 06e or 14e etpw. d.d t..i/i t 1, ctier taJ4,"ie Weasel ei AY. defib Of 3f#0 neat fend 4! • rete a17• 1—per "rare feterarend es ewd.d •.ed ere Ie . 2. All provisions of the lease are incorporated herein and are hereby modified to conform herewith but in all other respects „ are to be and shall continue in full force and effect. IN WITNESS WHEREOF, the parties have executed this Modification of Lease on the day and year first above written. CIT1y YETT TILLS, ARKANSAS Bye -3j/Mat i Y ` ATTEST ioz By: 4.--2g ��c/ rr._ Title: 044 CIJAAL. ATTES By Title:ftee+e 01 - Wise LESSEE Sy: 17441 --- Tit e: Jict Adtoo- L.ir.i dt Sestac • • • 110DIZICATIMUT_LIVISLACIUMNINT. TM This AGREEMENT made this :111:1_ day of ivt enstti , 1991, by and between the City of Fayetteville, Arkansas, herein- after called "Lessor", with Metro Airlines, Inc., hereinafter called *Lessee", which shall be affective January 1, 1992. WHEREAS, Lessor and Metro Airlines, Inc., entered into a lease agreement dated May 6, 1979, which lease has been modified by subsequent agreements and is incorporated herein by reference thereto; and WHEREAS, the parties desire to further modify the aforesaid lease agreement. MON, IE, TRE PARTIES MUTUALLY AGREE AS FOLLOWS: 1. Paragraph 5 of said lease is nodified by amending subparagraph B to read: B. For the non-exclusive space in the terminal consisting of gate areas, passenger ticket counter waiting area and baggage claim, the following formula shall be utilised: 5,938 square feat shall be charged at a rate of $7.88 per square foot tor 1992. 20% of $46,791.44 will be divided equally between Airline tenants and charged monthly; the regaining 80% will be based on percentages of enplaned passengers and charged monthly. era itfl tans/. 4eww Gee it ane"•e,r Cie *Pi 'ILrt64 . Cher 2. All provisions of the cease are incorporated heroin and are hereby modified to conform herewith but in all other respects are to be and shall continua in full force and effect. IM WITNESS WHEREOF, the parties have executed this Modification of Lease on the day and year first above written. ATTEST By: Title: Age mairld4 "as) ATTEST By: e• �1t•" L� Title: CITY OF FAYETTEVIIJJ.E, ARKANSAS By t • Mayor LESSEE By Title: 1 This AGREEMENT Bade this 7 day of ` 1' L t3 by and between the City of Fayetteville✓, Arkan6as, herein- after called "Lessor", with Express Airlines I. Inc., hereinafter called "Lessee", which shall be effective January 1, 1992. W HEREAS, Lessor and Express Airlines I, Inc., entered into a lease agreement dated September 3, 1985, which lease has been modified by subsequent agreements and is incorporated herein by reference thereto; and NNERE&S, the parties desire to further modify the aforesaid lease agreement. N ON. THEREFORE, TBE PARTIES MUTUALLY AGREE AS FOLLOWS: 1. Paragraph 5 of said lease is modified by amending subparagraph B to read: B . For the non-exclusive space in the terminal consisting of gate areas, passenger ticket counter waiting area and baggage claim, the following formula shall be utilized: 5.938 square feet shall be charged at a rate of $7.88 per square foot for 1992. 20% of $46,791.44 will be divided equally between Airline tenants and charged monthly; the remaining 808 will be based on percentages of enplaned passengers and charged monthly. 2. All provisions of the lease are incorporated herein and are hereby modified to conform herewith but in all other respects are to be and shall continue in full force and effect. IN WITNESS INIEREDF, the parties have executed this Modification of Lease an the day and year first above written. CITY „OF -RMET'TEV9,LL.E, ARKANSAS By: ,,4°./. / l rht , Mayor ATTEST By: 0 �[ ()paid Title: ▪ �..c..� Title: fl ATTEST By: y Title: �j®Ii 4ival dr LESSEE ? By:eytire7C---ce -re Title•C IT/% This AGREEMENT made this 75L day of 111, by and between the City of Fayettevill after called "Lessor", with Air Midwest, Inc. "Lessee", which shall be effective January 1, d�, Aska�ssas, herein- , hereinafter called 1992. WHEREAS. Lessor and Air Midwest, Inc., entered into a lease agreement dated Nay 6, 1979, which lease has bean modified by subsequent agreements and is incorporated herein by reference thereto: and WHEREAS, the parties desire to further modify the aforesaid lease agreement. NOW. THEREFORE, THE PARTIES MUTUALLY AGREE AS FOLLOWS: 1. Paragraph 5 of said lease is modified by amending subparagraph B to read: B. For the non-exclusive space in the terminal consisting of gate areas, passenger ticket counter waiting area and baggage claim, the following formula shall be utilized: 5,938 square feet shall be charged at a rate of $7.88 per square foot for 1992. 20% of $46,791.44 will be divided equally between Airline tenants and charged monthly; the remaining 80% will be based on percentages of enplaned passengers and charged monthly. 2. A11 provisions of the lease are incorporated herein and are hereby modified to conform herewith but in all other respects are to be and shall continue in full force and effect. IN WITNESS WHEREOF, the parties have executed this Modification of Lease on the day and year first above written. CITY O )YETTEYILL;, ARKANSAS By:'le •Et l'riaL°TGaM Mayo ATTEST By: r +{ • ' zJr n 160 Title: LESSEEse � / i By: • Larry L,7c133ey , Title: P sident ATTEST By: ,1..C. Title: Executive Secretary et • 1 • • • NQUEILLTICINAZAISMILAGIBILUINT i g7 2. This AGREEMENT made this 7.ef day of r , Jost by and between the City of Fayettevil , Arkan as, herein- after called "Lessor", with Trans State Airlines, Inc., hereinafter called "Lessee", which shall be effective January 1, 1992. N1IRMAS, Lessor and Trans State Airlines, Inc., entered into a lease agreement dated February 1, 1991, which lease has been modified by subsequent agreements and is incorporated herein by reference thereto; and WHEREAS, the parties desire to further modify the aforesaid lease agreement. NOW, TNS, THE PARTIES MUTUALLY AGREE AS FOLLOWS: 1. Paragraph 5 of said lease is modified by amending subparagraph B to read: E. For the non-exclusive space in the terminal consisting of gate areas, passenger ticket counter waiting area and baggage claim, the following formula shall be utilized: 5,938 square feet shall be charged at a rate of $7.88 per square foot for 1992. 20% of $46,791.44 will be divided equally between Airline tenants and charged monthly; the remaining 801 will be based on percentages of enplaned passengers and charged monthly. 2. All provisions of the lease are incorporated herein and are hereby modified to conform herewith but in all other respects are to be and shall continue in full force and effect. I11 WITNESS W1EREOF, the parties have executed this Modification of Lease on the day and year first above written. ATTEST By: Title: ATTER B,u t4.a. SAL ,c Title: (,�dfiux �i 1C.: LAk CITY O FAYETTEVILI9, ARKANSAS By: /. }Mayor LESSEEC: .; By: • Tit e: balrecur o4- Sabcwo