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HomeMy WebLinkAbout117-05 RESOLUTION• RESOLUTION NO. 117-05 A RESOLUTION APPROVING A CONTRACT WITH WOOLSEY AVIATION, d/b/a MILLION AIR FAYETTEVILLE TO PROVIDE AVIATION FUELING AND OTHER SERVICES AT THE FAYEFIEVILLE MUNICIPAL AIRPORT; AND APPROVING A BUDGET ADJUSTMENT IN THE AMOUNT OF $24,000.00. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. That the City Council of the City of Fayetteville, Arkansas hereby approves a Contract with Woolsey Aviation, d/b/a Million Air Fayetteville to provide aviation fueling and other services to the Fayetteville Municipal Airport. A copy of the Contract, marked Exhibit "A" is attached hereto and made a part hereof. Section 2. That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment in the amount of $24,000.00. PASSED and APPROVED this 21st day of June 2005. ��,,,,,RK/TR ,,,,, APPROVE sGt1YOp•G,p, U• �. ;FAYETTEVILLE' = By: ;moi• •�� ATTEST: By: SONDRA SMITH, City Clerk DAN COODY, Mayor • AIRPORT USE AND LEASE AGREEMENT FOR FIXED BASE OPERATIONS By and Between FAYETTEVILLE MUNICIPAL AIRPORT, DRAKE FIELD THE CITY OF FAYETTEVILLE, ARKANSAS and WOOLSEY AVIATION, INC., INC., d.b.a. MILLION AIR OF FAYETTEVILLE Dated as of August 1, 2005 Section • • TABLE OF CONTENTS Caption/Heading Page 1 Consideration 4 2 Demised Premised 5 3 Use 5 4 Term 6 5 Rental 6 6 Minimum Annual Fees 8 7 Lease Requirements 8 8 Improvements and Alterations 9 Transfer of Woolsey Aviation, Inc., Title and Interest to the Airport 10 FAA Approval 11 Force Majeure 12 Security Control 13 Hazardous Waste/Substances 14 Utilities — Installation and Service Charges 15 Taxes 16 Indemnification and Insurance 17 Maintenance 18 Advertising 19 Fixtures and Improvements 20 Assignment 21 Disadvantaged Business Enterprise (DBE) Assurances... 22 Non -Discrimination 23 Default 24 Right to Terminate not Exclusive 25 Termination by Woolsey Aviation, Inc. 26 Attorney Fees 27 Protection from Violation — Moral Purposes 28 Rules and Regulations 29 Quiet Enjoyment 30 Estoppel Certificate 14 15 15 15 15 16 19 20 20 22 22 22 23 23 23 23 25 26 26 26 27 27 28 Notices 28 Invalidity of Particular Provisions 29 General Terms 29 31 32 33 2 • • TABLE OF CONTENTS (continues) Caption/Heading Page Exhibit A Survey of Demised Premises 40 Exhibit B Airport Layout Plan 41 Exhibit C Final Site Development Plan 42 Exhibit D Equipment List 43 Attachments Attachment #1 Attachment #2 Attachment #3 Airport Owned Equipment Formula for Rental Increases "The Minimum Standards for Fayetteville Municipal Airport Drake Field" 3 • • AIRPORT USE AND LEASE AGREEMENT FOR FUEL AND LINE SERVICES FIXED BASE OPERATIONS between FAYETTEVILLE MUNICIPAL AIRPORT, DRAKE FIELD and WOOLSEY AVIATION, INC., INC., dba MILLION AIR OF FAYETTEVILLE THIS AIRPORT USE AND LEASE AGREEMENT, (the "Lease') made and entered into as of this a154- day of duns., , 2005 (the "Effective Date") by and between the City of Fayetteville, represented by the Fayetteville Municipal Airport, Drake Field, a body politic and corporate organized and existing under and by virtue of the laws of the State of Arkansas and Woolsey Aviation, Inc., Inc., a Texas Corporation, doing business as Million Air of Fayetteville. WITNESSETH: WHEREAS, the City of Fayetteville owns and operates the Fayetteville Municipal Airport, Drake Field located in Washington County, Arkansas, hereinafter called the "Airport", and WHEREAS, the City of Fayetteville Mayor and City Council, along with the Airport Administration in consultation with the Airport Advisory Board desire to contract with Woolsey Aviation, Inc., for fuel and line services, and WHEREAS, Woolsey Aviation, Inc., desires to lease from the Airport certain premises for the purpose of operating a fuel and line service Fixed Base Operation, and WHEREAS, Woolsey Aviation, Inc. desires to obtain from the Airport certain rights, licenses, and privileges for the establishment and operation of a Fixed Base Operation, hereinafter the "FBO" and WHEREAS, the Airport represents that it has the right to lease the premises together with all the facilities, rights, licenses, services and privileges in the manner and to the extent hereinafter set forth: NOW THEREFORE, in consideration of the foregoing and of the mutual covenants hereinafter continued, the parties agree for themselves, their successors, legal representatives and assignees, as follows: 1. Consideration. That each of the aforesaid parties acknowledges the receipt of a valuable consideration from the other and that they and each of them act herein in further consideration of the engagements, of the other as herein stated. 4 2. Demised Premised. The Airport warrants and represents that it is the owner in fee simple of all of that certain land, the Airport, situated in Washington County, Arkansas. The Airport, for and in consideration of the rents to be paid and the obligations to be performed by Woolsey Aviation, Inc., as hereinafter provided, does hereby demise and lease unto Woolsey Aviation, Inc., subject to the conditions hereinafter expressed, the premises described as the Demised Premises and identified as FBO in said Exhibit "A", as described as follows. 2.1 The Premises described as 2000 square feet, plus or minus, of the Airport Terminal Building plus non-exclusive use of areas in common with other tenants to include imaging and signage as approved by the Airport. 2.2 The FBO Hangar, an 18,750 square foot heated aircraft storage hangar located on the Executive Aircraft Parking Ramp south of the Terminal Building. 2.3 The premises described as the FBO ramp containing 150,000 square feet, plus or minus, in a space approximately 600 feet by 250 feet adjacent to the Airport Terminal Building. Additionally, the Parties acknowledge and agree that Woolsey Aviation, Inc.'s operations may require the use of certain ramp and/or apron area contiguous and adjacent to the FBO ramp. The Airport hereby grants to Woolsey Aviation, Inc. the right of preferential use of the ramp and/or apron area as hereinafter described provided; however, Woolsey Aviation, Inc. shall at all times and without hindrance or obstruction, provide for the ingress and egress of aircraft to Airport taxiways, runways, ramps and /or aprons. 2.4 The area designated the Fuel Farm. Woolsey Aviation, Inc., shall have exclusive right to operate and store aviation fuels in the Fuel Storage tanks located on the West side of the airport near the FAA Facilities Maintenance facility. 2.5 Woolsey Aviation, Inc. shall also have and is hereby granted the right to traverse all public taxiways, runways and ramps on property owned by the Airport, and roads at the Airport. Such rights shall be subject to the requirements of this lease Agreement, the provisions of similar subsequent agreements and Federal Aviation Administration ("FAA") regulations. 3. Use. Woolsey Aviation, Inc. shall use the Demised Premises for the operation of the flight line and fuel service FBO to include the storing, alteration, additions, modification, cleaning, repairing, maintaining and servicing aircraft, aircraft components and subcomponents in conducting its business operations, and the provision of FBO services to the traveling public. Subject to the prior written approval of the Airport, Woolsey Aviation, Inc. shall also have the right to use the 5 • • Demised premises for other purposes ancillary or related to its FBO business. Woolsey Aviation, Inc. and its successors and assigns, including any successor holding by or through any mortgagee of Woolsey Aviation, Inc.'s interest shall have the right to use the Demised Premises for other purposes than those previously specified, but only with the prior written consent of the Airport. Woolsey Aviation, Inc. shall at all times use the Demised Premises in full compliance with all rules, regulations and requirements of the FAA and the Airport, all terms and conditions of this Lease Agreement and such other agreements as may be entered into by and between the Airport and Woolsey Aviation, Inc. will not attempt to modify the terms and conditions of any agreements hereunder without the prior written consent of the Airport. Nothing contained herein shall be construed to grant or authorize the granting of an exclusive right within the meaning of Section 308 of the Federal Aviation Act of 1958 (Title 49 USC 40103 and 47107), as amended. It is understood that Woolsey Aviation, Inc., shall refer business to established airport based businesses whenever possible, including but not limited to avionics repair, aircraft maintenance and charter businesses. 4. Term. TO HAVE AND TO HOLD the Demised Premises unto Woolsey Aviation, Inc., its successors and assigns, for the term hereinafter set forth: 4.1 Commencing on the date hereof and continuing for a period of five (5) years (hereinafter the "Term"), beginning the 1st day of August, 2005 (the "Commencement Date"). Woolsey shall have the right to extend this agreement for three (3) five (5) year option periods. All rental terms shall be negotiated and agreed upon prior to 90 days before the end of the then current term and the negotiated terms shall then be presented to the Airport Board and the City Council for approval of the terms and the renewal of this agreement. Rental. 5.1 Terminal Rent: The rent for Terminal space, + 2000 square feet, shall be in accordance with the following schedule: Year 1 ® $1,000.00 per month August 1, 2005 -July 31, 2006 Year 2 @ $1,750.00 per month August 1, 2006 -July 31, 2007 Year 3 @ $2,100.00 per month August I, 2007 -July 31, 2008 Year 4 @ $2,400.00 per month August 1, 2008 -July 31, 2009 Year 5 @ $2,700.00 per month August 1, 2009 -July 31, 2010 The rent shall include utility services connected with water, sewer, HVAC and solid waste removal. The rent shall not include cable, WSI, Data and telephone which shall be the responsibility of the tenant. 5.2 FBO Hangar Rent: The FBO Hangar is an 18,750 Square foot Heated Hangar building and will be managed by Woolsey Aviation, Inc. The rent for the FBO Hangar shall be in accordance with the following schedule: 6 • Year 1 @ $2,000.00 per month Year 2 @ $2,250.00 per month Year 3 @ $2,500.00 per month Year 4 @ $2,750.00 per month Year 5 @ $3,000.00 per month The tenant shall provide utilities to the building including water, sewer, electric and gas service. The Airport shall provide solid waste removal. • August 1, 2005 -July 31, 2006 August 1, 2006 -July 31, 2007 August 1, 2007 -July 31, 2008 August 1, 2008 -July 31, 2009 August 1, 2009 -July 31, 2010 5.3 FBO Ramp Rent: The FBO Ramp is approximately 150,000 square feet of aircraft parking ramp and will be managed by Woolsey Aviation, Inc.. The rent for the FBO ramp is free in return for normal pavement maintenance. 5.4 Parking Lot Rent: Woolsey Aviation, Inc. shall have the right to utilize as much of the Airport parking lot as necessary to conduct its FBO business. The use of such parking area shall be in cooperation with other tenants of the airport and the Airport Terminal Building. Designated parking areas shall be negotiated should it be required in the future and signage for such shall be approved through the City of Fayetteville and by the Airport Administration. 5.5 FBO Equipment Rent: Airport owned equipment is listed at Attachment #1 and contains the approximate fair market value of each item. The parties agree that Woolsey Aviation, Inc. shall maintain exclusive control of any and all of the listed equipment that Woolsey Aviation, Inc requires in the conduct of Woolsey Aviation, Inc.'s business. For this exclusive control the rent for the selected equipment shall be negotiated. Should Woolsey Aviation, Inc. and the Airport not be able to reach terms agreeable to both parties, the Airport may elect to store or dispose of such equipment IAW the City of Fayetteville disposal process. 5.6 Rental Payments. Said rental payments, and any other payments due to the Airport under this lease, shall be made payable to the City of Fayetteville. All rent shall be paid in lawful money of the United States of America, and the burden of proof of payment of the rent in case of controversy shall be upon Woolsey Aviation, Inc., Inc. 5.7 Rental Payment Reduction. Should any portion of the Demised Premises be taken or rendered unsuitable, as defined herein, for the use intended, then the rental payments shall be reduced in proportion to which the area so taken or unsuitable bears to the total area of the Demised Premises. 5.8 Rental Payment Increases: Rental payments shall increase in accordance with the schedule in sections 5.2 and 5 3 through year 5 of this agreement. Beginning with the first renewal option of this agreement, 7 • • barring other renewal agreements, the rent payments shall increase at a rate of the increase in the CPI (All Urban Consumers, All Items, U. S. Average) plus 1 %, every 2 years and with renewal. The formula for such increases is located at Attachment #2. 5.9 Payment of Revenues Collected for the Airport. During the Term of this Lease, Woolsey Aviation, Inc. covenants and agrees to remit to the Airport, no later than the tenth (10`h ) day of the month following the month of receipt, any and all revenue collected by Woolsey Aviation, Inc. from aircraft users and others on behalf of the Airport: including, but not limited to, (a) fuel flowage fees and aviation fuel taxes as set forth in Section 7.3(a) hereof; and (b) landing fees and other fees as set forth in Section 7.13 hereof. The burden of proof of payment of such fees and other revenue shall be upon Woolsey Aviation, Inc. 5.10 Monthly Late Charge. If any monthly rental payment, or any other payment due under this Lease, is not received by the fifteenth (15`) day of the month when such payments are due, the Lessee shall be liable for a monthly late charge of Five Hundred and 00/100 Dollars ($500.00). Prior unpaid late charges will be included in the total unpaid balance for the purpose of calculating subsequent monthly charges. The late charges are due one month from the date late charges are calculated. It is understood and agreed that this or any other late charge is not a waiver of any other rights the Airport has in this Lease. Minimum Annual Fees. 6.1 Provision of Financial Statements. Woolsey Aviation, Inc. shall provide to the Airport within 90 days following the close of Woolsey Aviation, Inc.'s fiscal year, a copy of Woolsey Aviation, Inc.'s statements of Financial Condition. Said statements, as prepared and attested to by Woolsey Aviation, Inc.'s Certified Public Accountant, shall include a schedule of Woolsey Aviation, Inc.'s Gross Revenue and a Reconciliation of such revenue to the minimum annual fees payable under this Section 6. In the event the auditor's report reveals an understatement of Gross Revenues reported to the Airport of more than five percent (5.0%), Woolsey Aviation, Inc. shall be liable for and pay to the Airport the contract percentage of gross revenue stated under this Section 6 plus a Late Charge equal to twenty percent (20.0%) of the understated payment due to the Airport. Lease Requirements. Consistent with the requirements of Title 49 USC 40103(e) and 47107, the Airport may grant, without unjust discrimination and on reasonable conditions, non-exclusive rights, licenses, permits and privileges to provide Fixed Base Operation (FBO) services to the public. Each Fixed Base Operator similarly using the Airport shall be subject to the same charges and 8 • certain and specific minimum standards for FBO services to the public; including, but not limited to, the provision of such facilities and equipment as are required to provide for and perform a consistently high level of service, use and the provision of products to the traveling public and the aviation industry on a twenty-four (24) hour, 365 day per year basis. The Airport hereby covenants that the minimum standards for FBO services at the Airport shall be no less than those minimum service requirements set forth in Sections 7.1 and 7.2 of this Lease. In consideration of the right, license, permit and privilege granted hereunder by the Airport to Woolsey Aviation, Inc. for the establishment and operation of the FBO, Woolsey Aviation, Inc. agrees and covenants that it shall develop implement, maintain, and do all things necessary to provide and comply with said minimum FBO standards and requirements. Each FBO using the Airport shall assume obligations substantially similar to those already imposed on Woolsey Aviation, Inc. hereunder. 7.1 Facilities. In consideration for the Term provided in the Lease, Woolsey Aviation, Inc. shall invest approximately $150,000.00 for the design, construction, and equipping of FBO facilities; including, but not limited to: (a) Contribute to the design, construction, furnishing and equipping of the General Aviation facility in the Terminal Building for Woolsey Aviation, Inc.'s FBO operations. As a minimum requirement, Woolsey Aviation, Inc. demised premises shall contain sufficient space and equipment for the provision of the following services or functions. customer lounge, customer service reception area, line service ready room and offices, pilot's lounge and sleep rooms, weather briefing area, conference room, and vending areas sufficiently equipped to meet the needs of the traveling public. (b) Acquire sufficient aircraft handling equipment for Woolsey Aviation, Inc.'s FBO, use. Woolsey Aviation, Inc. shall expend a sufficient capital investment to equip the 18,750 square foot hangar building for its use. 7.2 Equipment. Woolsey Aviation, Inc. shall provide such refueling and ground support equipment as is required and necessary to the proper conduct of Woolsey Aviation, Inc.'s FBO business: including, but not limited to, the listing of capital equipment set forth as Exhibit "D"; provided, however, that Woolsey Aviation, Inc. may, with the Airport's prior written consent, increase or decrease the amount and type of equipment in accordance with Woolsey Aviation, Inc.'s operational requirements. The Airport's consent under this Section 7.2 shall not be unreasonably withheld; provided, however, that Woolsey Aviation, Inc. 9 shall at all times provide such equipment as is required for Woolsey Aviation, Inc. to comply with the requirements of this Lease. 7.3 Fuel Farm. Woolsey Aviation, Inc. shall operate and maintain the fuel farm IAW the following provisions for the storage of fuels: (a) License to Dispense Fuels. The parties agree that Woolsey Aviation, Inc. is granted an exclusive license to dispense aviation fuels under permit, subject to Woolsey Aviation, Inc.'s collection and remittance, for and on behalf of the Airport, a fuel flowage and storage fee in the initial amount of $.10 (ten cents) per gallon, or such an amount as may hereafter be established by the Airport on all fuel delivered to and offloaded into the existing Fuel Farm. (b) Woolsey Aviation, Inc. Fuel Farm Requirements. In consideration of the license to Dispense Fuels granted under Section 7.3 (a), Woolsey Aviation, Inc., at its sole expense, shall at all times during the Term maintain, preserve and keep in good repair the above ground Fuel Farm and any facilities related thereto. Before accepting this responsibility, by signature here on, the parties shall agree, after sufficient inspection, that the fuel farm is in good repair and up to standard as required for the operation and maintenance of such facilities. Woolsey Aviation, Inc. shall develop a Fuel Storage and Handling Procedures Manual which meets all requirements of statute, rule or regulation for the storage and handling of fuels. Woolsey Aviation, Inc. shall at all times provide employees trained in fuel handling, fuel storage facilities and fire safety, and provide the Airport with documented evidence of such training. Woolsey Aviation, Inc. shall conduct daily operational checks of all fuel storage facilities and fueling vehicles to ensure protection of fuel quality and readiness of facilities and equipment, and the detection of water or other contamination, system leakage and/or spills. Woolsey Aviation, Inc. shall implement and maintain stringent procedures for the control and monitoring of all fuel and de-icing inventory levels. Such inventories shall be managed in strict compliance with the standards and procedures of air carvers, fuel suppliers, and the Airport. Woolsey Aviation, Inc. shall implement and maintain procedures which monitor and report fuel receipts into storage, delivery out of storage, and delivery of product into aircraft and/or ground service vehicles. Consistent with the availability of adequate measuring devices, Woolsey Aviation, Inc. shall account for all inventory to a minimum standard of tolerance within a range of plus/minus one-half of one percent. 10 • • 7.4 Minimum Service Requirements. Woolsey Aviation, Inc. shall, as a minimum requirement and at its expense, provide Line Services, as more fully defined in this Section 7.4, and the operation and maintenance of the Fuel Farm, as set forth in Section 7.3(b). Line Services shall include the following services: (a) The sale and dispensing of aviation fuels and lubricants, and the provision of refueling services to owners of commercial passenger, cargo carrier, general aviation and military aircraft. (b) The sale and dispensing of aircraft de-icing fluids and the provision of de-icing services to aviation operators and their aircraft. (c) Ground handing and aircraft support services; including, but not limited to, the provision of auxiliary ground power and air systems, passenger handling, baggage handling, towing, lavatory servicing, potable water servicing, and other common ground support services. (d) The provision of other services to general aviation and military aircraft passengers; including, but not limited to, hotel and transportation accommodations, in-flight catering, shuttle transportation, and other common passenger services. (e) The provision of aircraft arrival, parking, tie -down, aircraft storage, and aircraft hangaring services. (f) The provision of aircraft towing and disabled aircraft removal for aircraft up to and including narrow body air carrier aircraft. (g) The provision of passenger security screening as required by applicable regulations at the request of charter services serving the airport. 7.5 Permitted Services. Woolsey Aviation, Inc. may, at its sole expense and discretion, provide the following services: (a) Cargo handling services to include the loading and unloading of commercial cargo aircraft. (b) Aircraft charter, air taxi, aircraft rental services and automobile rental services. (c) Such other services and uses as are consistent with the business of a full service FBO, subject to the written prior consent of the I1 • • Airport. Businesses which are already located on the airport will receive preferential treatment if possible when requesting consent of the Airport to provide such other additional services. 7.6 Refueling Operations. Woolsey Aviation, Inc. shall develop, implement and maintain operational procedures for the refueling operation of the FBO and the Fuel Farm, including, but not limited to, operational and safety procedures and regulations, fuel spill and emergency response requirements; and demonstrated compliance with all requirements of appropriate sections of the National Fire Protection Association (NFPA) Code 407, ATA 103, FAR Part d139, and 14 CFR Part 139. 7.7 Ground Handling. Woolsey Aviation, Inc. shall develop, implement and maintain operational procedures for receiving, marshaling, shut -down, parking, servicing, securing, start-up and dispatching aircraft from Woolsey Aviation, Inc.'s flight line. The procedures shall include, but not be limited to, flight line safety, driving safety, the provision of lead-in vehicles, the use of hand signals, and the movement, coordination and control of personnel, ground equipment and vehicles in FAR Part 107 and AOA movement areas. 7.8 Towing/Clearing Disabled Aircraft. Woolsey Aviation, Inc. shall provide and make available on a 24-hour, seven-day a week basis adequate towing equipment and trained personnel to tow and/or clear all categories of aircraft normally and routinely expected to be handled by the FBO, including aircraft to and including Gulfstream V and narrow body air carrier aircraft. Woolsey Aviation, Inc. shall maintain and implement an emergency plan to remove any disabled general aviation aircraft from the runway, taxiway and aprons of the Airport, including but not limited to, the provision of tow tractors, tow bars, air gags, hacks, straps, and access to heavy lift equipment (forklifts and cranes) as may be required to execute the emergency plan, in cooperation with Airport maintenance personnel. 7.9 Communications. Woolsey Aviation, Inc. shall develop, implement and maintain FCC approved two-way radio communications procedures and an operational plan which insures the provision of internal operational communications having a minimum range of five (5) miles, and air -to - ground communications between the FBO and arriving/departing aircraft having a minimum range of 75 miles. 7.10 Safety. Woolsey Aviation, Inc. shall develop, implement and maintain safety programs and procedures, including inspections, checklists and tests, to ensure the operational safety of the FBO, the documentation and reporting to the Airport of any potential safety hazards, and the training and certification of all service personnel 12 • • • 7.11 Emergency Plan. Woolsey Aviation, Inc. shall develop, implement and maintain an operational plan to respond to general aviation emergencies, including aircraft incident handling, recall procedures for aircraft salvage requirement, and foul weather contingency plans including snow, high winds and power outages. The Emergency Plan shall be in coordination with Airport Administration and shall include coordination with the airport maintenance staff, the City of Fayetteville Fire Department, and the City of Fayetteville Police Department. 7.12 Staffing. Woolsey Aviation, Inc. shall develop, implement and maintain an organizational structure and staffing plan which provides continuous service for 24 -hours per day, 365 days per year. On call services may be used to service customers at times when the FBO is unmanned. 7.13 Revenue Management. Woolsey Aviation, Inc. shall develop, implement and maintain a system for the collection and remittance of landing fees, fuel flowage fees and taxes, and other fees for the benefit of the Airport. Woolsey Aviation, Inc. shall implement and maintain audit and reporting procedures for such collections and remittances, provided, however, that such procedures shall be subject to the prior written approval of the Airport and further subject to such future modifications and/or changes as may be reasonably required by the Airport to ensure accuracy of reporting and audit and collection control. 7.14 Maintenance. Woolsey Aviation, Inc. shall develop, implement and maintain adequate maintenance of its equipment and facilities to ensure that at all times the FBO provides a high level of quality service and cleanliness to the traveling public. 7.15 Pricing. Woolsey Aviation, Inc. shall establish and maintain a pricing policy and structure which ensures fair and clearly stated pricing which is consistent with local, regional and national markets and based on fair and reasonable return to the FBO and reviewed by the Airport. Current pricing agreements for based customers will be honored to the greatest extent possible. 7.16 Self Service Fueling Station. The Airport plans to keep the self service fueling station for 100LL Aviation Fuel and Automobile Fuel, located on the east side of the airport and to purchase aviation fuel from the fuel and line service FBO. As a provision of this agreement, the parties agree that the Airport shall purchase aviation fuel from the FBO and that the FBO will cause the fuel to be delivered to the fueling station. It is also agreed that the Airport shall pay for the fuel at cost plus a delivery fee not to exceed $.15 per gallon. Sale to the Airport for resale shall not include sales tax as the sales tax will be paid at the time of sale into the aircraft. 13 • • Self Serve pricing shall be in accordance with the approved airport pricing formula. Improvements and Alterations. 8.1 Plans, Specifications and Permits. Plans or specifications for the alteration of all structures shall be subject to prior written approval of the Airport, said approval not to be unreasonably withheld. It is understood and agreed that Woolsey Aviation, Inc. shall at all times and in every instance comply with the requirements of the Airport, including, but not limited to, compliance with design criteria and standards, and Federal and state governmental requirements for the protection of the environment in the construction of the improvements and alternations, contemplated hereunder; including, but not limited to, a the securing of such permits as may be required by the appropriate regulatory agencies or entities of government. It is further understood and agreed that construction of any such structures are also subject to the prior written approval of the FAA in accordance with the provisions of Part 77 of the FAA regulations. The Airport hereby agrees that it will use its best efforts to assist Woolsey Aviation, Inc. in obtaining such approval. 8.2 Activity on Demised Premises. Woolsey Aviation, Inc. agrees not to conduct or permit to be conducted any activity on the Demised Premises which would interfere with or be a hazard to flight of aircraft either to or from the Airport, or interfere with the ground movement of aircraft at the Airport, or interfere with air navigation and communication facilities serving the Airport. Woolsey Aviation, Inc. agrees that no structure will be erected or natural objects created on the Demised Premises which would constitute a hazard to air navigation. 8.3 Alterations. Woolsey Aviation, Inc may make interior alterations (structural or otherwise), minor exterior alterations and changes, decorations and minor additions with prior approval of the Airport as long as it does not materially change previously approved structural improvements, violate the terms and conditions of the Lease Agreement or violate FAA regulations. The Airport acknowledges, however, that Woolsey Aviation, Inc. will modify the appearance and decor of all common areas, restrooms and main lobby area to ensure that the appearance of such areas are consistent with Million Air system requirements as described in the Million Air Confidential Operating Manual. 8.4 Approvals. It is understood and agreed that this Lease is subject to the reasonable approval by the Airport and the FAA. The Airport shall review and conceptually approve or reject with comments such Plans within ten (10) days of receipt of the Plans. If the Airport would reject such Plans, 14 • the Airport comments shall be in sufficient detail so as to allow Woolsey Aviation, Inc. to revise and resubmit such Plans, incorporating the Airport's comments thereto. Upon resubmission of the revised Plans by Woolsey Aviation, Inc. to the Airport, the Airport shall review and conceptually approve or reject with comments such Plans within ten (10) days of receipt of the revised Plans. The foregoing process shall continue until the Plans have been approved by the Airport; provided, however, in the event approval of the Plans is not obtained, Woolsey Aviation, Inc., at its election, may terminate this Lease without further obligation to the Airport as provided herein. 8.5 Expansion and Modification. During the Term, Woolsey Aviation, Inc. shall have the right, subject to the reasonable approval of the Airport and the FAA and in compliance with the terms and conditions of this Lease to expand or modify Woolsey Aviation, Inc.'s FBO premises and ancillary facilities thereto, and other related facilities on the Demised Premises. 9. Transfer of Woolsey Aviation, Inc Title and Interest to the Airport. It is covenanted and agreed that all of Woolsey Aviation, Inc 's right, title and interest in any buildings and improvements remaining on the Demised Premises at the expiration of the Term of this Lease or termination of this Lease, as set forth herein, shall at such time be and become the property of the Airport, subject only to the rights of removal of trade equipment, trade dress, signage, and trade fixtures from time to time installed on the Demised Premises as provided in Section 22. Until such expiration or termination of this Lease, all right, title and interest in any buildings and improvements on the Demised Premises shall reside in Woolsey Aviation, Inc.; provided, however, that during the Term of this lease, Woolsey Aviation, Inc. shall grant to the Airport an undivided residual interest in the fair market value of any buildings and improvements on the Demised Premises equal to three point thirty three percent (3.33%) per annum of said fair market value during each year of the Term. 10. FAA Approvals. The Airport and Woolsey Aviation, Inc. agree that this Lease is made subject to, and is wholly contingent upon Woolsey Aviation, Inc. compliance with all rules and requirements of the FAA as are or may be required for the Airport to make and enter into this Lease. 11. Force Majeure. If the substantial completion and occupancy of the initial improvements to be constructed by Woolsey Aviation, Inc. upon the Demised Premises shall be delayed or prevented by reason of strikes, lockouts, labor troubles, without fault and beyond the reasonable control of the party obligated, performance of such acts shall be excused for the period of delay and the period for the performance of any such act shall be extended for a period equivalent to the period of such delay. 15 • 12. Security Control. Woolsey Aviation, Inc. agrees to control all persons and vehicles entering any airport restricted area (including aircraft movement area) through its leased space in accordance with the Fayetteville Municipal Airport Drake Field Security Program and in compliance with Federal Aviation Regulations, Part 107, as these now exist or may exist in the future. 13. Hazardous Waste/Substances. 13.1 Definitions. The term "Hazardous Substances," as used in the Lease, shall mean: (a) Any hazardous or toxic substances, materials or wastes, including, but not limited to, those substances, materials, and wastes listed in the United States Department of Transportation Hazardous Materials Table (49 CFR § 172.101) or by the Environmental Protection Agency as hazardous substances (40 CFR Part 302) and amendments thereto; (b) Designed as a "Hazardous Substance" pursuant to Section 311 of the Clean Water Act, 33 U.S. C. § 1251 et seq. (33 U.S.C. § 1321), or listed pursuant to Section 307 of the Clean Water Act (33 U.S.C. § 1317); (c) Defined as a "Hazardous Substance" pursuant to Section 101 of the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. § 6901, et seq. (42 U.S.C. § 6903); or (d) Defined as "Hazardous Substance" pursuant to Section 101 of the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. § 9601, it seq. (42 U.S.C. § 9601) or any other substances, (including, without limitation, asbestos and raw materials which include Hazardous constituents), the general, discharge or removal of which or the use of which is restricted, prohibited or penalized by any "Environmental Law", which term shall mean any Federal, state or local law, regulation or ordinance relating to pollution or protection of the environment. 13.2 Inspection. The Airport and Woolsey Aviation, Inc agents and representatives shall have the right, in the company of Woolsey Aviation, Inc. and/or its employees or agents, to enter into or upon the Demised Premises, or any part thereof, during normal business hours and after reasonable notice to Woolsey Aviation, Inc., for the purpose of examining same, including but not limited to, the right to test for Hazardous Substances thereon and the adequacy of security to restricted areas. Woolsey Aviation, Inc. shall have the right, but not the obligation, to receive split samples of any sampling matter to be tested by Woolsey 16 • • Aviation, Inc. which split samples will be analyzed by Woolsey Aviation, Inc. at Woolsey Aviation, Inc.'s expense. 13.3 Notification. If the Airport or Woolsey Aviation, Inc. discovers any Hazardous Substances on the Demised Premises, it will promptly notify the other party of the details of such Hazardous Substances. 13.4 Permitted Activities. Woolsey Aviation, Inc. hereby agrees that: (a) No activity will be conducted on the Demised Premises by Woolsey Aviation, Inc., its agents, employees, subleases, invitees or any other party entering the Demised Premises during the term hereof that will produce any Hazardous Substance, except for such activities that are part of the ordinary course of Woolsey Aviation, Inc.'s business activities (the "Permitted Activities"), provided said Permitted Activities are conducted in accordance with all Environmental Laws and have been approved in advance in writing by the Airport. (b) The Demised Premises will not be used by Woolsey Aviation, Inc., its agents, employees, sublessees, invitees or any other party entering the Demised Premises during the term hereof in any manner for the storage of any Hazardous Substances except for the temporary storage of such materials that are used in the ordinary course of Woolsey Aviation, Inc.'s business (the "Permitted Materials") provided such Permitted Materials are properly stored in a manner and location in compliance with all Environmental Laws; (c) No portion of the Demised Premises will be used by Woolsey Aviation, Inc., its agents, employees, sublessees, invitees or any other party entering the Demised Premises during the term hereof as a landfill or dump; (d) Woolsey Aviation, Inc will not during the term allow any surface or subsurface condition to exist or to come into existence that constitutes, or with the passage of time may constitute, a public or private nuisance; and (e) Woolsey Aviation, Inc. will not during the Term permit any Hazardous Substances to be brought onto, stored, processed, disposed of or, released, discharged from (including ground water contamination) or otherwise handled on the Demised Premises, except for the Permitted Materials described above, and if so brought or found located thereon, the same shall be immediately removed, with proper disposal in compliance with all 17 • • Environmental Laws and all required cleanup procedures shall be diligently undertaken pursuant to all Environmental Laws. 13.5 Environmental Compliance Program. Woolsey Aviation, Inc. further agrees to develop and implement an environmental compliance program for its operations at the Demised Premises, but only to the extent required by Federal, state or local rules, regulations, or statutes, as such may now exist or exist in the future. Further, Woolsey Aviation, Inc. will provide a copy of its Storm Water Pollution Prevention Plan (SWPPP), and Spill Prevention Control and Countermeasure Plan (SPCC) to Airport Administration, and coordinate with the Airport on implementation and SWPPP/SPCC updates. 13.6 Indemnification. Woolsey Aviation, Inc. agrees to indemnify and defend (with counsel reasonably approved by the Airport) and hold the Airport and its employees and agents harmless from and against and to reimburse said parties for any claims (including, without limitation, third party claims whether for personal injury or real or personal property damage or otherwise, actions, administrative proceedings (including informal proceedings), judgments, damages, punitive damages, penalties, fines, costs, liabilities (including sums paid in settlement of claims; provided, however, that the Airport shall not settle any claims without the prior written consent of Woolsey Aviation, Inc.), interest or losses, including reasonable attorney's fees and expenses (including such fees and expenses incurred in enforcing this Section 13.6), reasonable consultant fees, and reasonable expert fees, together with other costs and expenses of any kind or nature that arise from or in connection with the presence, suspected presence, release or suspected release of any Hazardous Substances into the air, soil, ground water or surface water at, on, about , under or within the Demised Premises, or any portion thereof, or elsewhere in connection with the transportation of Hazardous Substances to or from the Demised Premises provided that such presence, suspected presence, release or suspected release is the result of the activities of Woolsey Aviation, Inc., its agents, and employees during the term of the Lease. (a) The indemnification provided in this paragraph shall specifically apply to and include claims or actions brought by or on behalf of employees of Woolsey Aviation, Inc. against the Airport. The indemnification provided herein shall specifically cover costs, including capital, operating and maintenance cost, incurred in connection with any investigation or monitoring of site conditions, any cleanup, containment, remediation, removal or restoration work required or performed by any federal, state or local govemmental agency or political subdivision or performed by any nongovernmental entity or person in response to any 18 • • order or other requirement by such governmental agency, but this indemnification is subject to the express limitation that: (i) any presence, suspected presence, release or suspected release of any Hazardous Substances into the air, soil, ground water or surface water at, on, about, under or within the Demised Premises, or any portion thereof, or elsewhere in connection with the transportation of Hazardous Substances to or from the Demised Premises, is the result of the activities of Woolsey Aviation, Inc., its agents, and employees during the term of the Lease; and (ii) the further limitation that any investigation, remediation, etc. of Hazardous Substances is required by applicable law and the governmental agency having jurisdiction thereof. 13.7 Removal and Disposition. Upon the expiration of the Term; Woolsey Aviation Inc., at its own expense, hereby agrees to properly remove and dispose of all storage tanks placed on the Demised Premises by Woolsey Aviation, Inc. in compliance with all applicable Environmental Laws and all required cleanup procedures shall be diligently undertaken in compliance with the governmental agency having jurisdiction thereof. 13.8 Information Available. The Airport hereby represents and warrants that the Airport has made available to Woolsey Aviation, Inc. copies of the Airport Environmental Impact Statement, the Airport Master Plan and all environmental studies of the airport property and all other information known to the Airport conceming the environmental condition of the Demised Premises and any real property adjacent to the Demised Premises that would adversely affect the Demised Premises. 13.9 Spill Prevention and Storm Water Discharge. 14. Utilities — Installation and Service Charges. 14.1 Woolsey Aviation, Inc. Requirements: Woolsey Aviation, Inc. shall install or cause to be installed, telephone, cable, broad band and flight following, weather and flight planning services for its use and for use of customers. 14.2 Airport Requirements: The Airport shall, at its expense, make available to Woolsey Aviation, Inc. no later than the Commencement Date 19