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HomeMy WebLinkAboutResolution - 607 - Consent To Assignment - Avetech Avaiation Inc To TAC Inc - Storage Space, LIA - 09/11/1980St�Q ALA•cl RESOLUTION #607 - 9/11/80 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to execute for and on behalf of the City of Lubbock a Consent to Assignment, attached herewith which shall be spread upon the minutes of the Council and as spread upon the minutes of this Council shall constitute and be a part of this Resolution as if fully copied herein in detail. Passed by the City Council this 11th day of September 21980. 94,x W.,/( MCAT-ISTER, MAYOR ATTEST: velyn Ga fga, City S ct -Treasurer APPROVED AS TO CONTENT: Mar in Coffee, D ctor of Aviation APPROVED AS TO FORM: Angela Le Adams, Assistant City Attorney x r +K tea` s -x ;�ptit•, RESOLUTION 4607 - 9/11/80 CONSENT TO ASSIGNMENT WHEREAS, the City of Lubbock as Lessor and Quasar, Inc., currently Avtech Aviation, Inc., as Lessee entered into a Fixed Based Operator Agreement on September 25th, 1975, and a Supplemental Agreement #1; and Quasar, Inc./Avtech Aviation, Inc. thereafter assigned its interests under the Fixed Based Operator Agreement and Supplemental Agreement #1 to Texas Air Center, Inc. by way of an instrument dated April 10th, 1980; and WHEREAS the Fixed Based Operator Agreement of September 25th, 1975 pro- vides that the lessor's interest in said agreement shall not be assignable without consent of the City of Lubbock, NOW THEREFORE: The City of Lubbock hereby consents to the assignment of the lessor's interests under said Fixed Based Operator Agreement and Supplemental Agreement #1 to Texas Air Center, Inc. Such consent shall in no way release the primary lessor from any liabilities incurred under the said Agreement and Supplement. Executed this 11th day of September , 1980. I BILL MCALI TER, MAYOR ATTEST: Evelyn Gaf ga,'-City. Seere,,Ir reasurer . -APPROVED AS TO CONTENT: Marvin7Coffee, D for of Aviation APPROVED AS TO FORM: lA.s Angela ams, Assistant City Attorney