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HomeMy WebLinkAbout131-93 RESOLUTION1 RESOLUTION NO. 111-91. A RESOLUTION AUTHORIZING THE MAYOR AND C1TY CLERK TO EXECUTE LEASE AGREEMENTS WITH AVIS, BUDGET. HERTZ AND NATIONAL RENT -A -CAR AGENCIES AT fHE FAYETTEVILLE, MUNICIPAL AIRPORT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. That the Mayor and City Clerk are hereby authorized to execute lease agreements with Avis, Budget, Hertz. and National Rent-A-Car Agencies at a rate of 5% of gross revenues or payment of a minimum annual guarantee of $45,000 for each of the four operators at the Fayetteville Municipal Airport. The lease agreements are for a five year period and retroactive to November 1, 1993. A copy of the lease agreements are attached hereto marked Exhibit "A" and made a part hereof. PASSED AND APPROVED this 21st day of December . 1993. ATTEST: By: 1,9 u2 Sherry ti. Thomas, City Clerk APPROVED: By: fired Hanna, Mayor • LEASE This agreement, made and entered into by and between the City of Fayetteville, Arkansas, hereinafter referred to as "Lessor", and At'c tor , hereinafter referred to as "Lessee": WITNESSET $: WHEREAS, the Lessor owns, operates, and maintains an Airport known as Drake Field in the County of Washington, State of Arkansas; and WHEREAS, the Lessee desires to lease and rent certain space therein for the purpose hereinafter set forth, and the said Lessor is willing to lease, let and demise the space and premises to the extent hereinafter set forth. NON, THEREFORE, in consideration of the mutual agreements and covenants hereinafter set forth, and the payment of the rents hereinafter provided by the Lessee to the Lessor, it is agreed: 1. Lessor hereby leases to Lessee and Lessee hereby hires and takes from the Lessor for the purpose herein enumerated, premises and facilities consisting of a Car Rental Booth, located in the Fayetteville Municipal Airport Terminal Building, as shown in the Terminal Building plat attached hereto, marked Exhibit "A", consisting of one hundred and eight (108) square feet, more or less. 2. The premises herein shall be used only for the purpose of arranging for automobile rental service, no other services shall be offered without prior approval of Lessor. 3. Scope of Permitted Activity. Lessor hereby further grants to Lessee, subject to the terms and conditions hereinafter contained, the right to conduct and operate an automobile rental concession at the Airport for the purpose aforesaid. This shall not be construed to be an exclusive concession, and Lessor shall have the right to deal with, and perfect, arrangements with any other individual, firm, or corporation for engaging in like activity at the Airport. Lessor shall not, however, grant to any individual, firm, or corporation other than Lessee an automobile rental concession on terms and conditions more favorable in any respect than those herein granted Lessee. 1 • • 4. Compensation to Lessor: Lessee agrees to pay Lessor as rental for use of the premises leased to it hereunder, and for the rights and privileges herein granted by the Lessor, the sum of $45,000 annually (paid in monthly increments of $3,750), plus paved space parking at a rate of $10.07 per space monthly for the preceding month, plus overflow parking area at a rate of $43.11 for the preceding month; QR 5% of monthly gross receipts, plus monthly base terminal rent of $1,135.00, plus paved space parking at a rate of $10.07 per space monthly, plus overflow parking at a rate of $43.11 monthly; WHICHEVER OF THE TWO IS GREATER REVENUE TO THE LESSOR. To verify gross receipts, the Lessee shall furnish with the monthly rental a copy of a report which accounts for all contracts in numerical sequence and states the number of rentals and dollar amounts of business conducted for that month. A complete Car Rental Computation Sheet (Exhibit "B") will be completed and remitted with the report and the payment. If the report contains the same information, only the bottom monthly totals portion of the Car Rental Computation Sheet needs to be completed and attached to the report. All fees and charges imposed hereby shall be payable within fifteen (15) days from the end of the preceding month. In the event of late payment, a 10% penalty will be applied, and shall be due and payable immediately. GROSS RECEIPTS -The term "gross receipts" as used herein is defined as time and milage after discounts, which includes the aggregate amount of all sales made for cash, credit, or otherwise, by Lessee from the operation of its car, van or light passenger truck rental concession anywhere on the premises of the Airport and shall include all charges for the month in which the service is rendered, regardless of when payment therefore is received by Lessee. Such receipts shall include total rentals for cars, vans, or light passenger trucks rented out at said Airport without regard to the manner in which or place at which Lessee has received the order for the vehicles and regardless of the station to which they are returned, however, GROSS RECEIPTS on "foreign vehicles" shall only include that portion of time and mileage charges which are 2 1 1 • actually credited to Lessee's Fayetteville Municipal Airport operation for the rental of "foreign vehicles" at and from said Airport. The reimbursement to Lessee's customers for on -the -road expenses is considered to be part of Lessee's operating expense and, therefore, the City's 5% of gross receipts shall not be reduced by Lessee's refunds to its customers. All sums collected and retained by Lessee which are time and milage after discount shall be included in its gross receipts. It is understood and agreed between the parties hereto that so-called "walk-in" business, that is, all business which originates on the Airport or at the Airport counter, shall be included in the concept of gross receipts as having its origin at the Airport. This shall also include vehicles delivered to customers by Lessee. The following, however, shall not be considered as a part of gross receipts in the Lessee's monthly reports to Lessor: a. Federal, state or municipal excise, sales, and other similar taxes, separately stated and collected from customers, as now exist or may be hereafter levied or imposed. b. Any sums received by Lessee as insurance of any type, or otherwise, for physical damage to rented vehicles or other property, or for loss, conversion, or abandonment of such automobiles. c. Amount paid as additional charges for waiver of Lessee's rights to recover monies from customers for damage to rented vehicles. d. Any sums received by Lessee as Personal Accident Insurance on operator and passengers of Lessee's customers. e. Any sums received by Lessee as "gasoline fill" charges of Lessee's customers or related fuel costs. ADJUSTMELggiillaaaltifliALMARANTER- If, during any contract year the total passenger deplanements as reported by the scheduled airlines serving the Airport are less than 75% of the total passenger deplanements for the year preceding the initiation of this 5 year contract period, the minimum guaranteed payment for that year shall be adjusted to reflect a reduction in the same ratio as the percentage of reduction in total passenger deplanements. ANNUAL REPORTS AND AUDITS For the purpose of determining the accuracy of reported gross receipts, Lessor may audit revenue portion of Lessee's books for the two preceding calendar years (pertaining to car rental business only); 3 provided however, the audit shall under no circumstances pertain to Lessee's books for any period predating the effective date of the Lease Agreement. The cost of the audit shall be borne by the Lessor unless the audit reflects a discrepancy of more than five percent (5%) in the reported annual gross receipts. In such event Lessee shall be responsible for the total cost of the audit and the payment to Lessor of any unpaid lease payments in accordance with the Lease and all late penalty amounts will be applied. In addition, in the event that any such formal audit establishes a deviation from the reported revenues received by the Lessee in an amount greater than five percent (5%) more than reported by Lessee, the Lessor, at its option, may terminate this Lease. If an overpayment is discovered during any audit, such overpaid amount shall be promptly returned to the Lessee. There will be no adjustment in the rates above stated for the term of this contract, unless the existing space being utilized is increased with the addition of more paved space parking, in-terminal counter area or additional use of overflow parking area. If any increases take place, a formal modification of this agreement will be required. 5. Utilities. Lessor will provide utility services consisting of electricity, heating, and air conditioning, for the premises leased hereby and major structure maintenance consisting of the roof, walls, and HVAC equipment. Janitorial service and routine maintenance shall be the responsibility of the Lessee. 6. Lessee Agrees To Provide Services As Follows: (a) To furnish good, prompt, and efficient service adequate to meet all reasonable demands for automobile rental at the Airport on a fair and reasonable basis, and to charge prices for such services in accordance with its usual standards, and an amount substantially similar to those charged for similar services at other airports of similar size, and in the same general area. (b) To maintain, at his own expense, all automobiles or equipment in good operative order, free from mechanical defects, and in a clean, and neat condition inside and outside. (c) To maintain the facilities herein rented, and keep the sane open for such periods during each day, and for such days, during each week as may be necessary to meet reasonable demands for said services, and Lessee may install a direct telephone line to any other office or place of business of the Lessee of Agency with which he is affiliated for the purpose of supplying automobile rental service at the Airport to patrons during the periods when other automobile rental facilities are closed, provided, however, no permanent change shall be made in any part of the Airport Terminal Building. 4 • • • • (d) To abide by, and be subject to, all reasonable rules and regulations which are now, or may from time to time be formulated by Lessor concerning management, operation, or use of said Airport. Lessee agrees to abide by all regulations promulgated by the Federal Aviation Administration relating to lease/contract requirement. This include the Lessor's federally mandated Disadvantage Business Enterprise program and all reporting requirements required therein. When requested, all information, including annual gross revenues, shall be provided to Lessor in a timely manner to meet the Federal Reporting Requirements. Lessee shall park automobiles only in those spaces so designated, failure to comply will result in towing or ticketing. (e) That Lessee shall not permit its agents, servants, or employees to conduct business in said Airport in a loud, noisy, boisterous, offensive or objectionable manner, nor permit said employees to solicit and/or conduct business outside the space assigned to Lessee in any manner, except through the use of signs, which are qualified further in this contract. It being further understood that Lessees or employees shall not be permitted to stand or sit in the lobby area during arrival or departure of flights. (f) That automobile storage areas utilized by Lessee shall be maintained in a clean and attractive condition. Any materials or trash removed from vehicles shall be placed in proper trash receptacles. No expansion of "overflow" unpaved parking areas is permitted without prior approval and modification to this Lease. Lessee shall maintain the overflow area as required from time to time by providing the material and labor to add additional crushed stone base. Vehicles shall not be permitted to park on grass areas due to maintenance requirements of the Lessor. (g) That Lessee will meet all expenses in connection with the leased premises hereunder, and the rights and privileges herein granted, including without limitation by reason of enumeration, taxes, permit fees, license fees, and assessments lawfully levied or assessed upon premises or structures and improvements at any time situated thereon, and that it will secure all required permits and licenses. (h) That at no time shall cleaning chemicals in use or stock supplies be stored in the terminal or within the reach of passengers or their children. In addition, no car seats are to be stored inside the terminal at any time. 7. Hold Harmless: (a) Lessee shall keep and hold harmless Lessor from and against any and all claim demands, suits, judgments, costs and expense asserted by any person or persons, including agents or employees of Lessor or Lessee, by reason of death or injury to persons, or loss or damage to property resulting from Lessee's operation hereunder, or sustained in or upon the leased premises, or as the result of anything claimed to be done or omitted to be done by Lessee hereunder. This clause shall not be construed to waive the City of Fayetteville's tort immunity as set forth under Arkansas Law. (b) Lessee shall obtain and maintain continuously in effect at all times during the term hereof, at Lessee's sole expense, general liability insurance protecting Lessor against liability which may accrue against Lessor by reason of Lessee's wrongful conduct incident to the use of the leased premises, or resulting from any accident occurring on or about roads, driveways, or other public places used by Lessee at the Airport in the operation hereunder. Such insurance must be in the minimum amount of $1,000,000 for personal injury or death of • • any one person in any one accident, the minimum sum of $1,000,000 for personal injury or death of two or more persons in any one accident, and the minimum sum of $1,000,000 covering property damage/fire legal liability, and shall name Lessor as a co-insured thereunder. Lessee shall also, without cost to Lessor, obtain and maintain during the term hereof, automobile insurance providing against loss or damage to persons or property from operation of automobile hereunder, with liability limits for personal injury to, or death of, any one person in any one accident, and liability limits for personal injury or death of two or more persons in any one accident, and for damage to property in any one accident at minimum coverage as set forth by LIABILITY LIMITS AS REQUIRED BY THE STATE OF ARKANSAS. Lessee shall provide certificates evidencing all such insurance to the Administrative Services Director of Lessor automatically each year. Such insurance may not be canceled without 30 days prior written notice to the Lessor. 8. payment Default. In the event that Lessee shall default in the payment of any sums due hereunder, or shall default in the performance of any other covenant required to be kept by Lessee hereunder, and such default shall continue for a period of fifteen (15) days after notice thereof from Lessor to Lessee, or if Lessee shall make an assignment for the benefit of creditors, or be adjudged as bankrupt, Lessor shall have the right to immediately terminate this agreement, and in the event of such termination, Lessee shall have no further rights hereunder, and shall thereupon remove from said premises and shall have no further rights or claims thereto. 9. Facility Damage Beyond Beneficial Occupancy. In the event that the United States Government, or any of its agencies, shall occupy the Airport or any substantial part thereof to such an extent as to materially interfere with Lessee's operations, or in the event of destruction by fire or other cause of all, or a material portion, of the Airport or airport facilities, or if Lessee's operations shall for any reason, similar or dissimilar, be materially interfered with for a period in excess of fifteen (15) days, then, and in any of these events, Lessee shall have the right upon written notice to Lessor to terminate this agreement and Lessee's further obligations hereunder, or at its option, to suspend this agreement for the periods of such disability. 10. Signage. Lessee agrees that it will not erect or maintain, nor permit to be erected or maintained, at its place of business, inside or outside of the Airport Terminal, any signs without obtaining the advance consent and approval of the Airport Manager. • • • • 11. Modifications. This agreement shall not be varied in its terms by any oral agreement or representation, or otherwise than by an instrument in writing of subsequent date hereto executed by both parties by their duly authorized representatives. 12. Term. The term of this agreement shall be retroactive, and shall commence on the 1st day of November, 1993 and terminate on the 31st day of October. 1998, unless sooner terminated for breach of the provisions hereof; provided, should any of the four existing car rental agencies at the Airport cease operation this lease shall terminate immediately and a new lease shall be negotiated. 13. Non -Assignable. This agreement is personal to Lessee and shall not be assigned in whole or in part, nor shall Lessee have any authority to sublet or subcontract any of the rights or duties herein conferred without prior written consent of the Lessor. 14. Standard Assurances: a) Under no circumstances is this lease an exclusive right to provide this service. The Lessor is prohibited by Federal Regulation/Grant Assurances V, Article 22, from granting exclusive privileges to provide services or conduct business. b) Lessee shall furnish services on a fair, equal and not unjustly discriminatory basis to all users of the service, and shall charge fair, reasonable, and not unjustly discriminatory prices for each unit or service provided. c) Lessee shall not discriminate against any employee or applicant for employment to be employed in the performance of this agreement with respect to hire, tenure, terms, conditions, or privileges, or employment, or any matter directly or indirectly related to employment because of age, sex, or physical handicaps (except where based on a bona fide occupational qualification), or because of race, color, sex, religion, national origin or ancestry. d) Lessee for itself, its representatives, successors in interest, and assigns, as a part of the consideration hereof, does hereby covenant and agree as a covenant running with the land that (1) no person on the grounds of race, color, sex, religion, handicap or national origin shall be excluded from participation in, denied the benefits of, or be otherwise subject to discrimination in the use of said facilities, (2) that Lessee shall use the demised premises in compliance with all other requirements imposed by or pursuant to Title 49, code of Federal Regulations, department of Transportation, Subtitle A, Office of the Secretary, Part 21, Nondiscrimination in Federally -Assisted programs of the Department of Transportation Effectuation of Title VII of the Civil Rights Act of 1964, and as said Regulations may be amended. e) That in the event of nondiscrimination covenants, terminate this agreement and leasehold and hold the same as issued. breach of any of the above Lessor shall have the right to to re-enter and repossess said if this agreement had never been • • • • • • f) The Lessee acknowledges that the provisions of 14 CFR Part 152, Affirmative Action Employment Programs, are applicable to the activities of the Lessee under the terms of this contract, unless exempted by said regulations, and hereby agrees to comply with all requirements of the Department, the Federal Aviation Administration, and the U. S. Department of Transportation. Their requirements may include, but are not limited to, compliance with the Disadvantaged Business Enterprise program or Affirmative Action participation goals. IN WITNESS WHEREOF, the parties hereto executed this agreement this L 1n oL/.4 , day of ev.LCcwa.•--- , 19 /-5. ATTEST By: : �cL%2 City C1 rk ATTEST Title: 9i %92 04. CITY OF EAYETTEVILLE, ARKANSAS Lessorf/ F By: I LI- 13: tit .w� Mhyor Lessee By: ,i; .4 Title: Zt« 8 m m -i m r r m c z 4axi 0 —4m Z r ExltIB_T "A" • • • • • • PAGE • RENTAL AGREE S • PAGE TOTALS: MONTHLY TOTALS: • • E7DIIBIT B nirrnaanialaRiMa CAR RENTAL COMPUTATION SHEET TIME & MILEAGE T&M FOREIGN T&M FOREIGN COMM. DUE (Local) (1 -Way) OTHERS • T & M - OMR VEHICLES $ NET ON FOREIGN VEHICLES $ YEAR: 19 NET FOR COMM. PURPOSES $ X 5% Plum paved space, overflow and copies or Minims Guarantee Plus paved space, overflow and copies =TALL t -n a`RMCI.OSEO FOR GREM EH AMOQIIT $ • • • 1 • LEASE • • This agreement, made and entered into by and between the City of Fayetteville, Arkansas, hereinafter referred to as "Lessor", and wJQAJ S /06405 evlc6=_ . Hereinafter referred to as "Lessee": WITNESSET WHEREAS, the Lessor owns, operates, and maintains an Airport known as Drake Field in the County of Washington, State of Arkansas; and WHEREAS, the Lessee desires to lease and rent certain space therein for the purpose hereinafter set forth, and the said Lessor is willing to lease, let and demise the space and premises to the extent hereinafter set forth. NOW, THEREFORE, in consideration of the mutual agreements and covenants hereinafter set forth, and the payment of the rents hereinafter provided by the Lessee to the Lessor, it is agreed: 1. Lessor hereby leases to Lessee and Lessee hereby hires and takes from the Lessor for the purpose herein enumerated, premises and facilities consisting of a Car Rental Booth, located in the Fayetteville Municipal Airport Terminal Building, as shown in the Terminal Building plat attached hereto, marked Exhibit "A", consisting of one hundred and eight (108) square feet, more or less. 2. The premises herein shall be used only for the purpose of arranging for automobile rental service, no other services shall be offered without prior approval of Lessor. 3. $cope of Permitted Activity. Lessor hereby further grants to Lessee, subject to the terms and conditions hereinafter contained, the right to conduct and operate an automobile rental concession at the Airport for the purpose aforesaid. This shall not be construed to be an exclusive concession, and Lessor shall have the right to deal with, and perfect, arrangements with any other individual, firm, or corporation for engaging in like activity at the Airport. Lessor shall not, however, grant to any individual, firm, or corporation other than Lessee an automobile rental concession on terms and conditions more favorable in any respect than those herein granted Lessee. 1 • • • 4. Compensation to Lessor: Lessee agrees to pay Lessor as rental for use of the premises leased to it hereunder, and for the rights and privileges herein granted by the Lessor, the sum of $45,000 annually (paid in monthly increments of $3,750), plus paved space parking at a rate of $10.07 per space monthly for the preceding month, plus overflow parking area at a rate of $43.11 for the preceding month; QR 5% of monthly gross receipts, plus monthly base terminal rent of $1,135.00, plus paved space parking at a rate of $10.07 per space monthly, plus overflow parking at a rate of $43.11 monthly; WHICHEVER OF THE TWO IS GREATER REVENUE TO THE LESSOR. To verify gross receipts, the Lessee shall furnish with the monthly rental a copy of a report which accounts for all contracts in numerical sequence and states the number of rentals and dollar amounts of business conducted for that month. A complete Car Rental Computation Sheet (Exhibit "8") will be completed and remitted with the report and the payment. If the report contains the same information, only the bottom monthly totals portion of the Car Rental Computation Sheet needs to be completed and attached to the report. All fees and charges imposed hereby shall be payable within fifteen (15) days from the end of the preceding month. In the event of late payment, a 10% penalty will be applied, and shall be due and payable immediately. GROSS RECEIPTS -The term "gross receipts" as used herein is defined as time and milage after discounts, which includes the aggregate amount of all sales made for cash, credit, or otherwise, by Lessee from the operation of its car, van or light passenger truck rental concession anywhere on the premises of the Airport and shall include all charges for the month in which the service is rendered, regardless of when payment therefore is received by Lessee. Such receipts shall include total rentals for cars, vans, or light passenger trucks rented out at said Airport without regard to the manner in which or place at which Lessee has received the order for the vehicles and regardless of the station to which they are returned, however, GROSS RECEIPTS on "foreign vehicles" shall only include that portion of time and mileage charges which are 2 • • • • • • • • • • actually credited to Lessee's Fayetteville Municipal Airport operation for the rental of "foreign vehicles" at and from said Airport. The reimbursement to Lessee's customers for on -the -road expenses is considered to be part of Lessee's operating expense and, therefore, the City's 5% of gross receipts shall not be reduced by Lessee's refunds to its customers. All sums collected and retained by Lessee which are time and allege after discount shall be included in its gross receipts. It is understood and agreed between the parties hereto that so-called "walk-in" business, that is, all business which originates on the Airport or at the Airport counter, shall be included in the concept of gross receipts as having its origin at the Airport. This shall also include vehicles delivered to customers by Lessee. The following, however, shall not be considered as a part of gross receipts in the Lessee's monthly reports to Lessor: a. Federal, state or municipal excise, sales, and other similar taxes, separately stated and collected from customers, as now exist or may be hereafter levied or imposed. b. Any sums received by Lessee as insurance of any type, or otherwise, for physical damage to rented vehicles or other property, or for loss, conversion, or abandonment of such automobiles. c. Amount paid as additional charges for waiver of Lessee's rights to recover monies from customers for damage to rented vehicles. d . Any sums received by Lessee as Personal Accident Insurance on operator and passengers of Lessee's customers. e . Any sums received by Lessee as "gasoline fill" charges of Lessee's customers or related fuel costs. AD.TUSTMENT OF MINIM[ AIINLAL GUARANRBE- If, during any contract year the total passenger deplanements as reported by the scheduled airlines serving the Airport are less than 75% of the total passenger deplanements for the year preceding the initiation of this 5 year contract period, the minimum guaranteed payment for that year shall be adjusted to reflect a reduction in the same ratio as the percentage of reduction in total passenger deplanements. ANNUAL WORTS AND AUDITS For the purpose of determining the accuracy of reported gross receipts, Lessor may audit revenue portion of Lessee's books for the two preceding calendar years (pertaining to car rental business only): • • • 1 • provided however, the audit shall under no circumstances pertain to Lessee's books for any period predating the effective date of the Lease Agreement. The cost of the audit shall be borne by the Lessor unless the audit reflects a discrepancy of more than five percent (5%) in the reported annual gross receipts. In such event Lessee shall be responsible for the total cost of the audit and the payment to Lessor of any unpaid lease payments in accordance with the Lease and all late penalty amounts will be applied. In addition, in the event that any such formal audit establishes a deviation from the reported revenues received by the Lessee in an amount greater than five percent (5%) more than reported by Lessee, the Lessor, at its option, may terminate this Lease. If an overpayment is discovered during any audit, such overpaid amount shall be promptly returned to the Lessee. There will be no adjustment in the rates above stated for the term of this contract, unless the existing space being utilized is increased with the addition of more paved space parking, in -terminal counter area or additional use of overflow parking area. If any increases take place, a formal modification of this agreement will be required. 5. Utilities. Lessor will provide utility services consisting of electricity, heating, and air conditioning, for the premises leased hereby and major structure maintenance consisting of the roof, walls, and HVAC equipment. Janitorial service and routine maintenance shall be the responsibility of the Lessee. 6. Lessee Agrees To Provide Services As Follows: (a) To furnish good, prompt, and efficient service adequate to meet all reasonable demands for automobile rental at the Airport on a fair and reasonable basis, and to charge prices for such services in accordance with its usual standards, and an amount substantially similar to those charged for similar services at other airports of similar size, and in the same general area. (b) To maintain, at his own expense, all automobiles or equipment in good operative order, free from mechanical defects, and in a clean, and neat condition inside and outside. (c) To maintain the facilities herein rented, and keep the same open for such periods during each day, and for such days, during each week as maybe necessary to meet reasonable demands for said services, and Lessee may install a direct telephone line to any other office or place of business of the Lessee of Agency with which he is affiliated for the purpose of supplying automobile rental service at the Airport to patrons during the periods when other automobile rental facilities are closed, provided, however, no permanent change shall be made in any part of the Airport Terminal Building. 4 • • • • • • (d) To abide by, and be subject to, all reasonable rules and regulations which are now, or may from time to time be formulated by Lessor concerning management, operation, or use of said Airport. Lessee agrees to abide by all regulations promulgated by the Federal Aviation Administration relating to lease/contract requirement. This include the Lessor's federally mandated Disadvantage Business Enterprise program and all reporting requirements required therein. When requested, all information, including annual gross revenues, shall ire provided to Lessor in a timely manner to meet the Federal Reporting Requirements. Lessee shall park automobiles only in those spaces so designated, failure to comply will result in towing or ticketing. (e) That Lessee shall not permit its agents, servants, be employees to conduct business in said Airport in a loud, noisy, boisterous, offensive or objectionable manner, nor permit acid employees to solicit and/or conduct business outside the space assigned to Lessee in any manner, except through the use of signs, which are qualified further in this contract. It being further understood that Lessees or employees shall not be permitted to stand or sit in the lobby area during arrival or departure of flights. (f) That automobile storage areas utilized by Lessee shall be maintained in a clean and attractive condition. Any materials or trash removed from vehicles shall be placed in proper trash receptacles. No expansion of "overflow" unpaved parking areas is permitted without prior approval and modification to this Lease. Lessee shall maintain the overflow area as required from time to time by providing the material and labor to add additional crushed stone base. Vehicles shall not be permitted to park on grass areas due to maintenance requirements of the Lessor. (g) That Lessee will meet all expenses in connection with the leased premises hereunder, and the rights and privileges herein granted, including without limitation by reason of enumeration, taxes, permit fees, license fees, and assessments lawfully levied or assessed upon premises or structures and improvements at any time situated thereon, and that it will secure all required permits and licenses. (h) That at no time shall cleaning chemicals in use or stock supplies be stored in the terminal or within the reach of passengers or their children. In addition, no car seats are to be stored inside the terminal at any time. 7. Hold Harmless: (a) Lessee shall keep and hold harmless Lessor from and against any and all claim demands, suits, judgments, costs and expense asserted by any person or persons, including agents or employees of Lessor or Lessee, by reason of death or injury to persons, or loss or damage to property resulting from Lessee's operation hereunder, or sustained in or upon the leased premises, or as the result of anything claimed to be done or omitted to be done by Lessee hereunder. This clause shall not be construed to waive the City of Fayetteville's tort immunity as set forth under Arkansas Law. (b) Lessee shall obtain and maintain continuously in effect at all times during the term hereof, at Lessee's sole expense, general liability insurance protecting Lessor against liability which may accrue against Lessor by reason of Lessee's wrongful conduct incident to the use of the leased premises, or resulting from any accident occurring on or about roads, driveways, or other public places used by Lessee at the Airport in the operation hereunder. Such insurance must be in the minimum amount of $1,000,000 for personal injury or death of • • • • • • • • • any one person in any one accident, the minimum sun of $1,000,000 for personal injury or death of two or more persons in any one accident, and the minimum sum of $1,000,000 covering property damage/fire legal liability, and shall name Lessor as a co-insured thereunder. Lessee shall also, without cost to Lessor, obtain and maintain during the term hereof, automobile insurance providing against loss or damage to persons or property from operation of automobile hereunder, with liability limits for personal injury to, or death of, any one person in any one accident, and liability limits for personal injury or death of two or more persons in any one accident, and for damage to property in any one accident at minimum coverage as set forth by LIABILITY LIMITS AS REQUIRED BY THE STATE OF ARKANSAS. Lessee shall provide certificates evidencing all such insurance to the Administrative Services Director of Lessor automatically each year. Such insurance may not be canceled without 30 days prior written notice to the Lessor. 8. payment Default. In the event that Lessee shall default in the payment of any sums due hereunder, or shall default in the performance of any other covenant required to be kept by Lessee hereunder, and such default shall continue for a period of fifteen (15) days after notice thereof from Lessor to Lessee, or if Lessee shall make an assignment for the benefit of creditors, or be adjudged as bankrupt, Lessor shall have the right to immediately terminate this agreement, and in the event of such termination, Lessee shall have no further rights hereunder, and shall thereupon remove from said premises and shall have no further rights or claims thereto. 9. Facility Damage Beyond Beneficial Occupancy. In the event that the United States Government, or any of its agencies, shall occupy the Airport or any substantial part thereof to such an extent as to materially interfere with Lessees operations, or in the event of destruction by fire or other cause of all, or a material portion, of the Airport or airport facilities, or if Lessee's operations shall for any reason, similar or dissimilar, be materially interfered with for a period in excess of fifteen (15) days, then, and in any of these events, Lessee shall have the right upon written notice to Lessor to terminate this agreement and Lessee's further obligations hereunder, or at its option, to suspend this agreement for the periods of such disability. 10. Signage. Lessee agrees that it will not erect or maintain, nor permit to be erected or maintained, at its place of business, inside or outside of the Airport Terminal, any signs without obtaining the advance consent and approval of the Airport Manager. • • • • • • • • • • • 11. Modifications. This agreement shall not be varied in its terms by any oral agreement or representation, or otherwise than by an instrument in writing of subsequent date hereto executed by both parties by their duly authorized representatives. 12. Term. The term of this agreement shall be retroactive, and shall commence on the 1st day of November, 1993 and terminate on the 31st day of October. 1998, unless sooner terminated for breach of the provisions hereof; provided, should any of the four existing car rental agencies at the Airport cease operation this lease shall terminate immediately and a new lease shall be negotiated. 13. shall not authority conferred 14. Non -Assignable This agreement is personal to Lessee and be assigned in whole or in part, nor shall Lessee have any to sublet or subcontract any of the rights or duties herein without prior written consent of the Lessor. Standard Assurances: a) Under no circumstances is this lease an exclusive right to provide this service. The Lessor is prohibited by Federal Regulation/Grant Assurances V, Article 22, from granting exclusive privileges to provide services or conduct business. b) Lessee shall furnish services on a fair, equal and not unjustly discriminatory basis to all users of the service, and shall charge fair, reasonable, and not unjustly discriminatory prices for each unit or service provided. c) Lessee shall not discriminate against any employee or applicant for employment to be employed in the performance of this agreement with respect to hire, tenure, terms, conditions, or privileges, or employment, or any matter directly or indirectly related to employment because of age, sex, or physical handicaps (except where based on a bona fide occupational qualification), or because of race, color, sex, religion, national origin or ancestry. d) Lessee for itself, its representatives, successors in interest, and assigns, as a part of the consideration hereof, does hereby covenant and agree as a covenant running with the land that (1) no person on the grounds of race, color, sex, religion, handicap or national origin shall be excluded from participation in, denied the benefits of, or be otherwise subject to discrimination in the use of said facilities, (2) that Lessee shall use the demised premises in compliance with all other requirements imposed by or pursuant to Title 49, code of Federal Regulations, department of Transportation, Subtitle A, Office of the Secretary, Part 21, Nondiscrimination in Federally -Assisted programs of the Department of Transportation Effectuation of Title VII of the Civil Rights Act of 1964, and as said Regulations may be amended. e) That in the event of nondiscrimination covenants, terminate this agreement and leasehold and hold the same as issued. breach of any of the above Lessor shall have the right to to re-enter and repossess said if this agreement had never been • • • • • • • • • f) The Lessee acknowledges that the provisions of 14 CFR Part 152, Affirmative Action Employment Programs, are applicable to the activities of the Lessee under the terms of this contract, unless exempted by said regulations, and hereby agrees to comply with all requirements of the Department, the Federal Aviation Administration, and the U. S. Department of Transportation. Their requirements may include, but are not limited to, compliance with the Disadvantaged Business Enterprise program or Affirmative Action participation goals. IN WITNESS WHEREOF, the parties hereto executed this agreement this day of Pah , 19 `13 . ATTEST By: c/ City Cle ATTES1' By:, !c•4 < • Title: CITY OF FAYETTEVILLE, ARKANSAS Lessor 7 Mayor By• Less�l� By: Title: '- 8 • • • • • } 1 nye. SIHIHX3 • • I • This agreement, made and entered into by and between the City of Fayetteville, Arkansas, Ahereinafter referred to as "Lessor", [944c!'/4F4t- a4P. , hereinafter referred to as "Lessee": WHEREAS, the Lessor owns, operates, and maintains an Airport known as Drake Field in the County of Washington, State of Arkansas; and WHEREAS, the Lessee desires to lease and rent certain space therein for the purpose hereinafter set forth, and the said Lessor is willing to lease, let and demise the space and premises to the extent hereinafter set forth. NOW, THEREFORE, in consideration of the mutual agreements and covenants hereinafter set forth, and the payment of the rents hereinafter provided by the Lessee to the Lessor, it is agreed: 1. Lessor hereby leases to Lessee and Lessee hereby hires and takes from the Lessor for the purpose herein enumerated, premises and facilities consisting of a Car Rental Booth, located in the Fayetteville Municipal Airport Terminal Building, as shown in the Terminal Building plat attached hereto, marked Exhibit "A", consisting of one hundred and eight (108) square feet, more or less. 2. The premises herein shall be usedy for the purpose of arranging for automobile rental service, no other services shall be offered without prior approval of Lessor. 3. Scope of Permitted Activity. Lessor hereby further grants to Lessee, subject to the terms and conditions hereinafter contained, the right to conduct and operate an automobile rental concession at the Airport for the purpose aforesaid. This shall not be construed to be an exclusive concession, and Lessor shall have the right to deal with, and perfect, arrangements with any other individual, firm, or corporation for engaging in like activity at the Airport. Lessor shall not, however, grant to any individual, firm, or corporation other than Lessee an automobile rental concession on terms and conditions more favorable in any respect than those herein granted Lessee. 4. Compensation to Lessor: Lessee agrees to pay Lessor as rental for use of the premises leased to it hereunder, and for the rights and privileges herein granted by the Lessor, the sun of $45,000 annually (paid in monthly increments of $3,750), plus paved space parking at a rate of $10.07 per space monthly for the preceding month, plus overflow parking area at a rate of $43.11 for the preceding month; 5% of monthly gross receipts, plus monthly base terminal rent of $1,135.00, plus paved space parking at a rate of $10.07 per space monthly, plus overflow parking at a rate of $43.11 monthly; WHICHEVER OF THE TWO IS GR_1a►_rnc R_Eyniws TO THE LRSSORs To verify gross receipts, the Lessee shall furnish with the monthly rental a copy of a report which accounts for all contracts in numerical sequence and states the number of rentals and dollar amounts of business conducted for that month. A complete Car Rental Computation Sheet (Exhibit "B") will be completed and remitted with the report and the payment. If the report contains the same information, only the bottom monthly totals portion of the Car Rental Computation Sheet needs to be completed and attached to the report. All fees and charges imposed hereby shall be payable within fifteen (15) days from the end of the preceding month. In the event of late payment, a 10% penalty will be applied, and shall be due and payable immediately. GROSS RECEIPTS -The term "gross receipts" as used herein is defined as time and milage after discounts, which includes the aggregate amount of all sales made for cash, credit, or otherwise, by Lessee from the operation of its car, van or light passenger truck rental concession anywhere on the premises of the Airport and shall include all charges for the month in which the service is rendered, regardless of when payment therefore is received by Lessee. Such receipts shall include total rentals for cars, vans, or light passenger trucks rented out at said Airport without regard to the manner in which or place at which Lessee has received the order for the vehicles and regardless of the station to which they are returned, however, GROSS RECEIPTS on "foreign vehicles" shall only include that portion of time and mileage charges which are actually credited to Lessee's Fayetteville Municipal Airport operation for the rental of "foreign vehicles" at and from said Airport. The reimbursement to Lessee's customers for on -the -road expenses is considered to be part of Lessee's operating expense and, therefore, the City's 5% of gross receipts shall not be reduced by Lessee's refunds to its customers. All sums collected and retained by Lessee which are time and milaoe after discount shall be included in its gross receipts. It is understood and agreed between the parties hereto that so-called "walk-in" business, that is, all business which originates on the Airport or at the Airport counter, shall be included in the concept of gross receipts as having its origin at the Airport. This shall also include vehicles delivered to customers by Lessee. The following, however, shall not be considered as a part of gross receipts in the Lessee's monthly reports to Lessor: a. Federal, state or municipal excise, sales, and other similar taxes, separately stated and collected from customers, as now exist or may be hereafter levied or imposed. b. Any sums received by Lessee as insurance of any type, or otherwise, for physical damage to rented vehicles or other property, or for loss, conversion, or abandonment of such automobiles. c. Amount paid as additional charges for waiver of Lessee's rights to recover monies from customers for damage to rented vehicles. d. Any sums received by Lessee as Personal Accident Insurance on operator and passengers of Lessee's customers. e. Any sums received by Lessee as "gasoline fill" charges of Lessee's customers or related fuel costs. - If, during any contract year the total passenger deplanements as reported by the scheduled airlines serving the Airport are less than 75% of the total passenger deplanements for the year preceding the initiation of this 5 year contract period, the minimum guaranteed payment for that year shall be adjusted to reflect a reduction in the same ratio as the percentage of reduction in total passenger deplanements. For the purpose of determining the accuracy of reported gross receipts. Lessor may audit revenue portion of Lessee's books for the two preceding calendar years (pertaining to car rental business only); 3 II. provided however, the audit shall under no circumstances pertain to Lessee's books for any period predating the effective date of the Lease Agreement. The cost of the audit shall be borne by the Lessor unless the audit reflects a discrepancy of more than five percent (5%) in the reported annual gross receipts. In such event Lessee shall be responsible for the total cost of the audit and the payment to Lessor of any unpaid lease payments in accordance with the Lease and all late penalty amounts will be applied. In addition, in the event that any such formal audit establishes a deviation from the reported revenues received by the Lessee in an amount greater than five percent (5%) more than reported by Lessee, the Lessor, at its option, may terminate this Lease. If an overpayment is discovered during any audit, such overpaid amount shall be promptly returned to the Lessee. There will be no adjustment in the rates above stated for the term of this contract, unless the existing space being utilized is increased with the addition of more paved space parking, in -terminal counter area or additional use of overflow parking area. If any increases take place, a formal modification of this agreement will be required. 5. Utilities. Lessor will provide utility services consisting of electricity, heating, and air conditioning, for the premises leased hereby and major structure maintenance consisting of the roof, walls, and HVAC equipment. Janitorial service and routine maintenance shall be the responsibility of the Lessee. 6. Lessee Agrees Tc Provide Services As Follows: (a) To furnish good, prompt, and efficient service adequate to meet all reasonable demands for automobile rental at the Airport on a fair and reasonable basis, and to charge prices for such services in accordance with its usual standards, and an amount substantially similar to those charged for similar services at other airports of similar size, and in the same general area. (b) To maintain, at his own expense, all automobiles or equipment in good operative order, free from mechanical defects, and in a clean, and neat condition inside and outside. (c) To maintain the facilities herein rented, and keep the same open for such periods during each day, and for such days, during each week as may be necessary to meet reasonable demands for said services, and Lessee may install a direct telephone line to any other office or place of business of the Lessee or Agency with which he is affiliated for the purpose of supplying automobile rental service at the Airport to patrons during the periods when other automobile rental facilities are closed, provided, however, no permanent change shall be made in any part of the Airport Terminal Building. 4 (d) To abide by, and be subject to, all reasonable rules and regulations which are now, or may from time to time be formulated by Lessor concerning management, operation, or use of said Airport. Lessee agrees to abide by all regulations promulgated by the Federal Aviation Administration relating to lease/contract requirement. This includes the Lessors federally mandated Disadvantage Business Enterprise program and all reporting requirements required therein. When requested, all information, including annual gross revenues, shall be provided to Lessor in a timely manner to meet the Federal Reporting Requirements. Lessee shall park automobiles gay in those spaces so designated; failure to comply will result in towing or ticketing. (e) That Lessee shall not permit its agents, servants, or employees to conduct business in said Airport in a loud, noisy, boisterous, offensive or objectionable manner, nor permit said employees to solicit and/or conduct business outside the space assigned to Lessee in any manner, except through the use of signs, which are qualified further in this contract. It being further understood that Lessees or employees shall be permitted to stand or sit in the lobby area during arrival or departure of flights. (f) That automobile storage areas utilized by Lessee shall be maintained in a clean and attractive condition. Any materials or trash removed from vehicles shall be placed in proper trash receptacles. No expansion of "overflow" unpaved parking areas is permitted without prior approval and modification to this Lease. Lessee shall maintain the overflow area as required from time to time by providing the material and labor to add additional crushed stone base, vehicles shall not be permitted to park on grass areas due to maintenance requirements of the Lessor. (g) That Lessee will meet all expenses in connection with the leased premises hereunder, and the rights and privileges herein granted, including without limitation by reason of enumeration, taxes, permit fees, license fees, and assessments lawfully levied or assessed upon premises or structures and improvements at any time situated thereon, and that it will secure all required permits and licenses. (h) That at no time shall cleaning chemicals in use or stock supplies be stored in the terminal or within the reach of passengers or their children. In addition, no car seats are to be stored inside the terminal at any time. T. Hold Harp{less: (a) Lessee shall keep and hold harmless Lessor from and against any and all claim demands, suits, judgments, costs and expense asserted by any person or persons, including agents or employees of Lessor or Lessee, by reason of death or injury to persons, or loss or damage to property resulting from Lessee's operation hereunder, or sustained in or upon the leased premises, or as the result of anything claimed to be done or omitted to be done by Lessee hereunder. This clause shall not be construed to waive the City of Fayetteville's tort immunity as set forth under Arkansas Law. (b) Lessee shall obtain and maintain continuously in effect at all times during the term hereof, at Lessee's sole expense, general liability insurance protecting Lessor against liability which may accrue against Lessor by reason of Lessee's wrongful conduct incident to the use of the leased premises, or resulting from any accident occurring on or about roads, driveways, or other public places used by Lessee at the Airport in the operation hereunder. Such insurance must be in the minimum amount of $1,000,000 for personal injury or death of any one person in any one accident, the minimum sum of $1,000,000 for personal injury or death of two or more persons in any one accident, and the minimum sum of $1,000,000 covering property damage/fire legal liability, and shall name Lessor as a co-insured thereunder. Lessee shall also, without cost to Lessor, obtain and maintain during the term hereof, automobile insurance providing against loss or damage to persons or property from operation of automobile hereunder, with liability limits for personal injury to, or death of, any one person in any one accident, and liability limits for personal injury or death of two or more persons in any one accident, and for damage to property in any one accident at minimum coverage as set forth by LIABILITY LIMITS AS REQUIRED BY THE STATE OF ARKANSAS. Lessee shall provide certificates evidencing all such insurance to the Administrative Services Director of Lessor automatically each year. Such insurance may not be canceled without 30 days prior written notice to the Lessor. 8. Payment Default. In the event that Lessee shall default in the payment of any sums due hereunder, or shall default in the performance of any other covenant required to be kept by Lessee hereunder, and such default shall continue for a period of fifteen (15) days after notice thereof from Lessor to Lessee, or if Lessee shall make an assignment for the benefit of creditors, or be adjudged a bankrupt, Lessor shall have the right to immediately terminate this agreement, and in the event of such termination, Lessee shall have no further rights hereunder, and shall thereupon remove from said premises and shall have no further rights or claims thereto. 9. Facility Damage Beyond Beneficial Occupancy. In the event that the United States Government, or any of its agencies, shall occupy the Airport or any substantial part thereof to such an extent as to materially interfere with Lessee's operations, or in the event of destruction by fire or other cause of all, or a material portion, of the Airport or airport facilities, or if Lessee's operations shall for any reason, similar or dissimilar, be materially interfered with for a period in excess of fifteen (15) days, then, and in any of these events, Lessee shall have the right upon written notice to Lessor to terminate this agreement and Lessee's further obligations hereunder, or at its option, to suspend this agreement for the periods of such disability. 10. Signage. Lessee agrees that it will not erect or maintain, nor permit to be erected or maintained, at its place of business, inside or outside of the Airport Terminal, any signs without obtaining the advance consent and approval of the Airport Manager. 6 11. Modifications. This agreement shall not be varied in its terms by any oral agreement or representation, or otherwise than by an instrument in writing of subsequent date hereto executed by both parties by their duly authorized representatives. 12. Term. The term of this agreement shall be retroactive, and shall commence on the Jfl day of November, 1993 and terminate on the = day of November. 1998, unless sooner terminated for breach of the provisions hereof; provided, should any of the four existing car rental agencies at the Airport cease operation this lease shall terminate immediately and a new lease shall be negotiated. 13. Non-Assianable. This agreement is personal to Lessee and shall not be assigned in whole or in part, nor shall Lessee have any authority to sublet or subcontract any of the rights or duties herein conferred without the written consent of Lessor first having been. a) Under no circumstances is this lease an exclusive right to provide this service. The Lessor is prohibited by Federal Regulation/Grant Assurances V article 22 from granting exclusive privileges to provide services or conduct business. b) Lessee shall furnish services on a fair, equal and not unjustly discriminatory basis to all users of the service, and shall charge fair, reasonable, and not unjustly discriminatory prices for each unit or service provided. c) Lessee shall not discriminate against any employee or applicant for employment to be employed in the performance of this agreement with respect to hire, tenure, terms, conditions, or privileges, or employment, or any matter directly or indirectly related to employment because of age, sex, or physical handicaps (except where based on a bona fide occupational qualification), or because of race, color, sex, religion, national origin or ancestry. d) Lessee for itself, its representatives, successors in interest, and assigns, as a part of the consideration hereof, does hereby covenant and agree as a covenant running with the land that (1) no person on the grounds of race, color, sex, religion, handicap or national origin shall be excluded from participation in, denied the benefits of, or be otherwise subject to discrimination in the use of said facilities, (2) that Lessee shall use the demised premises in compliance with all other requirements imposed by or pursuant to Title 49, code of Federal Regulations, department of Transportation, Subtitle A, Office of the Secretary, Part 21, Nondiscrimination in Federally -Assisted programs of the Department of Transportation Effectuation of Title VII of the Civil Rights Act of 1964, and as said Regulations may be amended. e) That in the event of breach of any of the above nondiscrimination covenants, Lessor shall have the right to terminate this agreement and to re-enter and repossess said leasehold and hold the same as if this agreement had never been issued. 7 f) the Lessee acknowledges that the provisions of 14 CFR Part 152, Affirmative Action Employment Programs, are applicable to the activities of the Lessee under the terms of this contract, unless exempted by said regulations, and hereby agrees to comply with all requirements of the Department, the Federal Aviation Administration, and the U. S. Department of Transportation. Their requirements may include, but are not limited to, compliance with the Disadvantaged Business Enterprise program or Affirmative Action participation goals. IN WITNESS WHEREOF, the parties hereto executed this agreement this r% fr day of , 143. CITY OF F ETTEVILLE, ARKANSAS Lessor // ! By: Mayor Lessee By: Title: ATTEST By: M . Title: 76 �a lI . I I I I I I I ct i i ■ 9 { TI r r K C z L li M 0 --I II M K z r EXHIBIT "A" It 1 • • • 1 I I. • I •jY.:4: 1 !::• . PAGE I TOTALS: flOIPTHLY TOTALS: T i K - OWN VERICLES $ NET ON POREIG11 VWICL.Es $ Plus paved space, overflow and copies S $ or Winisua Guarantee $ Plus paved space, overflow and copies $ l $ !r BSQ213i Flat GRB7►TSR P 'ijilT • This agreement, made and entered into by and between the City of Fayetteville, Arkansas, hereinafter referred to as "Lessor", and 1I.k hAt4U , hereinafter referred to as "Lessee": sanmaj WHEREAS, the Lessor owns, operates, and maintains an Airport known as Drake Field in the County of Washington, State of Arkansas: and WHEREAS, the Lessee desires to lease and rent certain space therein for the purpose hereinafter set forth, and the said Lessor is willing to lease, let and demise the space and premises to the extent hereinafter set forth. NOid, THEREFORE, in consideration of the mutual agreements and covenants hereinafter set forth, and the payment of the rents hereinafter provided by the Lessee to the Lessor, it is agreed: 1. Lessor hereby leases to Lessee and Lessee hereby hires and takes from the Lessor for the purpose herein enumerated, premises and facilities consisting of a Car Rental Booth, located in the Fayetteville Municipal Airport Terminal Building, as shown in the Terminal Building plat attached hereto, marked Exhibit "A", consisting of one hundred and eight (108) square feet, more or less. 2. The premises herein shall be used only for the purpose of arranging for automobile rental service, no other services shall be offered without prior approval of Lessor. 3. Scope of Permitted Activity. Lessor hereby further grants to Lessee, subject to the terms and conditions hereinafter contained, the right to conduct and operate an automobile rental concession at the Airport for the purpose aforesaid. This shall not be construed to be an exclusive concession, and Lessor shall have the right to deal with, and perfect, arrangements with any other individual, firm, or corporation for engaging in like activity at the Airport. Lessor shall not, however, grant to any individual, firm, or corporation other than Lessee an automobile rental concession on terms and conditions more favorable in any respect than those herein granted Lessee. 1 LEG -14-.a; TUE 10:12 P.02 4. Compensation to Lessors Lessee agrees to pay Lessor as rental for use of the premises leased to it hereunder, and for the rights and privileges herein granted by the Lessor, the sutra of $45,000 annually (paid in monthly increments of $3,750), plus paved space parking at a rate of $10.07 per space monthly for the preceding month, plus overflow parking area at a rate of $43.11 for the preceding months 54 of monthly gross receipts, plus monthly base terminal rent of $1,135.00, plus paved space parking at a rate of $10.07 per space monthly, plus overflow parking at a rate of $43.11 monthly; WRICHSVEB oP TW TWO.15 GPflTgR RkcvxHTJt TO rix Lssnl?. To verify gross receipts, the Lessee shall furnish with the monthly rental a copy of a report which accounts for all contracts in numerical sequence and states the number of rentals and dollar amounts of business conducted for that month. A complete Car Rental Computation Sheet (Exhibit "B") will be completed and remitted with the report and the payment. if the report contains the same information, only the bottom monthly totals portion of the Car Rental Computation Sheet needs to be completed and attached to the report. All fees and charges imposed hereby shall be payable within fifteen (15) days from the end of the preceding month. In the event of late payment, a 10% penalty will be applied, and shall be due and payable immediately. CROSS RRC<RLS-The term "gross receipts" as used herein is defined at time and milage after discounts, which includes the aggregate amount of all sales made for cash, credit, or otherwise, by Lessee from the operation of its car, van or light passenger truck rental concession anywhere on the premises of the Airport and shall include all charges for the month in which the service is rendered, regardless of when payment therefore is received by Lessee. Such receipts shall include total rentals for cars, vans, or light passenger trucks rented out at said Airport without regard to the manner in which or place at which Lessee has received the order for the vehicles and regardless of the station to which they are returned, however, GROSS RECEIPTS on "foreign vehicles" shall only include that portion of time and mileage charges which are 2 actually credited to Lessee's Fayetteville Municipal Airport operation for the rental of "foreign vehicles" at and from said Airport. The reimbursement to Lessee's customers for on -the -road expenses is considered to be part of Lessee's operating expense and, therefore, the City's 5% of gross receipts shall not be reduced by Lessee's refunds to its customers. All sums collected and retained by Lessee which are time and milag after discount shall be included in its gross receipts. It is understood and agreed between the parties hereto that so-called "walk-in" business, that is, all business which originates on the Airport or at the Airport counter, shall be included in the concept of gross receipts as having its origin at the Airport. This shall also include vehicles delivered to customers by Lessee. The following, however, shall not be considered as a part of gross receipts in the Lessee's monthly reports to Lessor: a. Federal, state or municipal excise, sales, and other similar taxes, separately stated and collected from customers, as now exist or may be hereafter levied or imposed. b. Any sums received by Lessee as insurance of any type, or otherwise, for physical damage to rented vehicles or other property, or for loss, conversion, or abandonment of such automobiles. a. Amount paid as additional charges for waiver of Lessee's rights to recover monies from customers for damage to rented vehicles. ' d. Any sums received by Lessee as Personal Accident Insurance on operator and passengers of Lessee's customers. e. Any sums received by Lessee as "gasoline fill" charges of Lessee's customers or related fuel costs. If, during any contract year the total passenger deplanements as reported by the scheduled airlines serving the Airport are less than 75% of the total passenger deplanements for the year preceding the initiation of this 5 year contract period, the minimum guaranteed payment for that year shall be adjusted to reflect a reduction in the same ratio as the percentage of reduction in total passenger deplanements. 1 AL RPL AR.. M= For the purpose of determining the accuracy of reported gross receipts, Lessor may audit revenue portion of Lessee's books for the two preceding calendar years (pertaining to car rental business only); 3 a . • provided however, the audit shall under no circumstances pertain to Lessee's books for any period predating the effective date of the Lease Agreement. The cost of the audit shall be borne by the Lessor unless the audit reflects a discrepancy of more than five percent (5%) in the reported annual gross receipts. In such event Lessee shall be responsible for the total cost of the audit and the payment to Lessor of any unpaid lease payments in accordance with the Lease and all late penalty amounts will be applied. In addition, in the event that any such formal audit establishes a deviation from the reported revenues received by the Lessee in an amount greater than five percent (5%) more than reported by Lessee, the Lessor, at its option, may terminate this Lease. If an overpayment is discovered during any audit, such overpaid amount shall be promptly returned to the Lessee. There will be no adjustment in the rates above stated for the term of this contract, unless the existing space being utilized is increased with the addition of more paved space parking, in -terminal counter area or additional use of overflow parking area. If any increases take place, a formal modification of this agreement will be required. 5. Utilities. Lessor will provide utility services consisting of electricity, heating, and air conditioning, for the premises leased hereby and major structure maintenance consisting of the roof, walls, and HVAC equipment. Janitorial service and routine maintenance shall be the responsibility of the Lessee. 6. Lessee Agrees To Provide Services As Follows: (a) To furnish good, prompt, and efficient service adequate to meet all reasonable demands for automobile rental at the Airport on a fair and reasonable basis, and to charge prices for such services in accordance with its usual standards, and an amount substantially similar to those charged for similar services at other airports of similar size, and in the same general area. (b) To maintain, at his own expense, all automobiles or equipment in good operative order, free from mechanical defects, and in a clean, and neat condition inside and outside. (c) To maintain the facilities herein rented, and keep the same open for such periods during each day, and for such days, during each week as may be necessary to meet reasonable demands for said services, and Lessee may install a direct telephone line to any other office or place of business of the Lessee of Agency with which he is affiliated for the purpose of supplying automobile rental service at the Airport to patrons during the periods when other automobile rental facilities are closed, provided, however, no permanent change shall be made in any part of the Airport Terminal Building. E (d) To abide by, and be subject to, all reasonable rules and regulations which are now, or may from time to time be formulated by Lessor concerning management, operation, or use of said Airport. Lessee agrees to abide by all regulations promulgated by the Federal Aviation Administration relating to lease/contract requirement. This include the Lessors federally mandated Disadvantage Business Enterprise program and all reporting requirements required therein. When requested, all information, including annual gross revenues, shall be provided to Lessor in a timely manner to meet the Federal Reporting Requirements. Lessee shall park automobiles Qnjy in those spaces so designated, failure to comply will result in towing or ticketing. (e) That Lessee shall not permit its agents, servants, or employees to conduct business in said Airport in a loud, noisy, boisterous, offensive or objectionable manner, nor permit said employees to solicit and/or conduct business outside the space assigned to Lessee in any manner, except through the use of signs, which are qualified further in this contract. It being further understood that Lessees or employees shall be permitted to stand or sit in the lobby area during arrival or departure of flights. (f) That automobile storage areas utilized by Lessee shall be maintained in a clean and attractive condition. Any materials or trash removed from vehicles shall be placed in proper trash receptacles. No expansion of "overflow" unpaved parking areas is permitted without prior approval and modification to this Lease. Lessee shall maintain the overflow area as required from time to time by providing the material and labor to add additional crushed stone base, vehicles shall not be permitted to park on grass areas due to maintenance requirements of the Lessor. (g) That Lessee will meet all expenses in connection with the leased premises hereunder, and the rights and privileges herein granted, including without limitation by reason of enumeration, taxes, permit fees, license fees, and assessments lawfully levied or assessed upon premises or structures and improvements at any time situated thereon, and that it will secure all required permits and licenses. (h) That at no time shall cleaning chemicals in use or stock supplies be stored in the terminal or within the reach of passengers or their children. In addition, no car seats are to be stored inside the terminal at any time. 7. Hold Harmless: (a) Lessee shall keep and hold harmless Lessor from and against any and all claim demands, suits, judgments, costs and expense asserted by any person or persons, including agents or employees of Lessor or Lessee, by reason of death or injury to persons, or loss or damage to property resulting from Lessee's operation hereunder, or sustained in or upon the leased premises, or as the result of anything claimed to be done or omitted to be done by Lessee hereunder. This clause shall not be construed to waive the City of Fayetteville's tort immunity as set forth under Arkansas Law. (b) Lessee shall obtain and maintain continuously in effect at all times during the term hereof, at Lessee's sole expense, general liability insurance protecting Lessor against liability which may accrue against Lessor by reason of Lessee's wrongful conduct incident to the use of the leased premises, or resulting from any accident occurring on or about roads, driveways, or other public places used by Lessee at the Airport in the operation hereunder. Such insurance must be in the minimum amount of $1,000,000 for personal injury or death of 5 any one person in any one accident, the minimum sun of $1,000,000 for personal injury or death of two or more persons in any one accident, and the minimum sum of $1,000,000 covering property damage/fire legal liability, and shall name Lessor as a co-insured thereunder. Lessee shall also, without cost to Lessor, obtain and maintain during the term hereof, automobile insurance providing against loss or damage to persons or property from operation of automobile hereunder, with liability limits for personal injury to, or death of, any one person in any one accident, and liability limits for personal injury or death of two or more persons in any one accident, and for damage to property in any one accident at minimum coverage as set forth by LIABILITY LIMITS AS REQUIRED BY THE STATE OF ARKANSAS. Lessee shall provide certificates evidencing all such insurance to the Administrative Services Director of Lessor automatically each year. Such insurance may not be canceled without 30 days prior written notice to the Lessor. 8. Payment Default. In the event that Lessee shall default in the payment of any sums due hereunder, or shall default in the performance of any other covenant required to be kept by Lessee hereunder, and such default shall continue for a period of fifteen (15) days after notice thereof from Lessor to Lessee, or if Lessee shall make an assignment for the benefit of creditors, or be adjudged a bankrupt, Lessor shall have the right to immediately terminate this agreement, and in the event of such termination, Lessee shall have no further rights hereunder, and shall thereupon remove from said premises and shall have no further rights or claims thereto. 9. Facility Damaae Beyond Beneficial Occupancy. In the event that the United States Government, or any of its agencies, shall occupy the Airport or any substantial part thereof to such an extent as to materially interfere with Lessee's operations, or in the event of destruction by fire or other cause of all, or a material portion, of the Airport or airport facilities, or if Lessee's operations shall for any reason, similar or dissimilar, be materially interfered with for a period in excess of fifteen (15) days, then, and in any of these events, Lessee shall have the right upon written notice to Lessor to terminate this agreement and Lessee's further obligations hereunder, or at its option, to suspend this agreement for the periods of such disability. 10. Signage. Lessee agrees that it will not erect or maintain, nor permit to be erected or maintained, at its place of business, inside or outside of the Airport Terminal, any signs without obtaining the advance consent and approval of the Airport Manager. . 4" p 11. Modifications. This agreement shall not be varied in its terms by any oral agreement or representation, or otherwise than by an instrument in writing of subsequent date hereto executed by both parties by their duly authorized representatives. 12. Term. The term of this agreement shall be retroactive, and shall commence on the i day of November, 1993 and terminate on the 30th day of Nove$p er, 1998, unless sooner terminated for breach of the provisions hereof; provided, should any of the four existing car rental agencies at the Airport cease operation this lease shall terminate immediately and a new lease shall be negotiated. 13. Non -Assignable. This agreement is personal to Lessee and shall not be assigned in whole or in part, nor shall Lessee have any authority to sublet or subcontract any of the rights or duties herein conferred without the written consent of Lessor first having been. a) Under no circumstances is this lease an exclusive right to provide this service. The Lessor is prohibited by Federal Regulation/Grant Assurances V article 22 from granting exclusive privileges to provide services or conduct business. b) Lessee shall furnish services on a fair, equal and not unjustly discriminatory basis to all users of the service, and shall charge fair, reasonable, and not unjustly discriminatory prices for each unit or service provided. c) Lessee shall not discriminate against any employee or applicant for employment to be employed in the performance of this agreement with respect to hire, tenure, terms, conditions, or privileges, or employment, or any matter directly or indirectly related to employment because of age, sex, or physical handicaps (except where based on a bona fide occupational qualification), or because of race, color, sex, religion, national origin or ancestry. d) Lessee for itself, its representatives, successors in interest, and assigns, as a part of the consideration hereof, does hereby covenant and agree as a covenant running with the land that (1) no person on the grounds of race, color, sex, religion, handicap or national origin shall be excluded from participation in, denied the benefits of, or be otherwise subject to discrimination in the use of said facilities, (2) that Lessee shall use the demised premises in compliance with all other requirements imposed by or pursuant to Title 49, code of Federal Regulations, department of Transportation, Subtitle A, Office of the Secretary, Part 21, Nondiscrimination in Federally -Assisted programs of the Department of Transportation Effectuation of Title VII of the Civil Rights Act of 1964, and as said Regulations may be amended. e) That in the event of breach of any of the above nondiscrimination covenants, Lessor shall have the right to terminate this agreement and to re-enter and repossess said leasehold and hold the same as if this agreement had never been issued. 7 f) The Lessee acknowledges that the provisions of 14 CFR Part 152, Affirmative Action Employment Programs, are applicable to the activities of the Lessee under the terms of this contract, unless exempted by said regulations, and hereby agrees to comply with all requirements of the Department, the Federal Aviation Administration, and the U. S. Department of Transportation. Their requirements may include, but are not limited to, compliance with the Disadvantaged Business Enterprise program or Affirmative Action participation goals. IN WITNESS WHEREOF, the parties hereto executed this agreement this a?_ day of , 1992. CITY OF FAYETTEVILLE, ARKANSAS Lessor 11 ; i/ Mayor Lessee ffF4Q c44 By• itle• _ ATT By. Tit m K z r I V® I I I 1 I I 1 tl EXHIBIT "A" r :i,i:i : 4 • •YM. 1 1: Y• PAGE TOTALS: MONTHLY TOTALS: T & M - OWN VEHICLES $ NET ON FOREIGN VEHICLES $ Plus paved space, overflow and copies $ TOTAL.:. $ or 11inimm Guarantee $ Plus paved space, overflow and copies S T4TAt.i $