HomeMy WebLinkAboutResolution - 3148 - Lease Agreement - Texas General Steel Company Inc - Building Space, LIA - 07_13_1989Resolution # 3148
July 13, 1989
Item #24
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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 Lease
Agreement with Texas General Steel Company, Inc., 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 13th day of July , 1989.
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9. C. MIT , MAYOR
ATTEST:
oyd, City Secretjary
`APPROVED .AS TO CONTENT:
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Marvin Coffee, D;VWctor of Aviation
APPROVED AS TO FORM:
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Harold Willard, Assistant*City
Attorney
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THE STATE OF TEXAS §
COUNTY OF LUBBOCK §
KNOW ALL MEN BY THESE PRESENTS:
LEASE AGREEMENT
This Lease Agreement, entered into at Lubbock, Texas, by and
between the City of Lubbock, hereinafter referred to as "Lessor,"
and Texas General Steel Company, Inc., hereinafter referred to as
"Lessee."
WITNESSETH
WHEREAS, Lessor owns and operates a public airport
designated as Lubbock International Airport and herein called
"Airport;" and
WHEREAS, Lessor also owns a warehouse located on the Airport
which Lessee desires to lease and utilize for storage purposes;
and
WHEREAS, Lessor deems it in the public interest to lease
said warehouse to the Lessee for good and valuable consideration.
ARTICLE I
NOW THEREFORE, for and in consideration of the terms,
covenants and conditions hereinafter set forth, the Lessor does
hereby lease unto Lessee, for use as a storage facility, the
warehouse whose general location at the Airport is depicted on
Exhibit A attached hereto and by this reference made a part
hereof for all purposes, together with the right of ingress and
egress.
The initial term of this Agreement shall be for a period of
six (6) months commencing on May 15, 1989, and ending on November
14, 1989, both dates inclusive, and shall be extended upon the
same terms and conditions contained herein for an additional term
of six (6) months if Lessee notifies the Director of Aviation of
the City of Lubbock in writing of Lessee's desire for such
additional term prior to expiration of the initial term.
Notwithstanding any provision in the above paragraph, this
Agreement is subject to earlier termination as hereinafter
provided.
In consideration of the rights and privileges herein
granted, Lessee shall pay to the Lessor a rental of TWENTY-FOUR
HUNDRED AND NO/100 DOLLARS ($2,400.00) for the initial term of
this Lease, payable in six (6) equal monthly installments of FOUR
HUNDRED AND N0/100 DOLLARS ($400.00), in advance, by the
fifteenth (15th) day of each month this Lease is in effect.
All payments that become due and payable by Lessee shall be
made to the City of Lubbock at the office of the Director of
Aviation, Lubbock International Airport, Lubbock, Texas.
ARTICLE III
This Lease is granted subject to the following provisions
and conditions:
1. Lessee shall use the warehouse solely for storage
purposes.
2. Lessee agrees that it will at all times during the term
of this Lease maintain the warehouse in good condition,
ordinary wear and tear excepted, such maintenance to be
the sole responsibility and obligation of Lessee.
3. Lessor will not be required to provide Lessee with
access to the warehouse by removing snow or ice from
any portion of the Airport.
4. Lessee will erect no signs and will distribute no
advertising matter on Airport premises without the
prior written consent of the Director of Aviation.
Such prior written consent shall not be required for
advertising placed by Lessee with Ackerley Airport
Advertising, Inc. or any other party having the right
to sell, rent or offer airport terminal advertising
space.
5. Lessee shall not permit any mechanic's, materialman's
or contractor's liens to arise against the warehouse,
and Lessee expressly agrees that it will keep and save
the warehouse and Lessor harmless from all costs and
damages resulting from any lien or liens of any
character created or that may be asserted through any
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act or thing done by Lessee, its agents, officers or
employees.
6. In the event any mechanic's or other liens or orders
for payment shall be filed against the warehouse while
this Agreement is in effect, Lessee shall within ten
(10) days cause the same to be cancelled and discharged
of record, by bond or otherwise, at the election and
expense of Lessee, and shall also defend on behalf of
Lessor, at Lessee's sole cost and expense, any action,
suit or proceeding which may be brought thereon or for
the enforcement of such liens or orders.
7. Lessor shall assume no responsibility as to the
condition of the warehouse and Lessee herein expressly
assumes all responsibility for maintenance, upkeep and
repairs necessary to keep the warehouse in a safe and
serviceable condition.
8. The Lessee shall not make, permit or suffer any
additions, improvements or alterations to the warehouse
herein leased without prior written consent of the
Director of Aviation of the City of Lubbock. Any such
additions, improvements or alterations made with the
consent of the Director of Aviation shall be solely at
the expense of the Lessee, and unless such consent
provides specifically that title to the additions,
improvements or alterations so made shall vest in the
Lessee, title thereto shall at all times remain in the
Lessor, and such additions, improvements or alterations
shall be subject to all of the terms, covenants and
conditions of this Agreement.
9. The Lease herein granted is subject to any and all
applicable laws, ordinances, rules and regulations
pertaining to the Airport.
10. During time of war or national emergency, the Lessor
shall have the right to enter into an agreement with
the United States Government for military or naval use
of all or part of the landing area, the publicly owned
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air navigation facilities, and other area or facilities
of the Airport. If any such agreement is executed, the
provisions of this instrument, insofar as they are
inconsistent with the provisions of the agreement with
the Government, shall be suspended, but rent hereunder
shall abate accordingly.
11. This Agreement shall be subordinate to the provisions
of any existing or future agreement between the Lessor
and the United States pertaining to the operation or
maintenance of the Airport, the execution of which has
been or may be required as a condition precedent to the
receipt or expenditure of federal funds for the
development of the Airport. Should the effect of such
agreement with the United States effectively destroy
the commercial value of Lessee's rights under this
Agreement, the Lessor shall not be held liable
therefor, but rent hereunder shall abate accordingly.
12. All rights, privileges and interests acquired herein by
Lessee, at the option of the Lessor, may be suspended
if such suspension is found by the Lessor, acting in
good faith, to be necessary to secure federal financial
aid for the development of the Airport, or further
development or promotion of aeronautical operations
thereon, but rent hereunder shall abate accordingly.
13. The Lessor, acting by and through the Director of
Aviation or other designated representative, shall have
the right to inspect the warehouse at all reasonable
times that this Lease is in effect.
14. Any property of the Lessor or any property for which
the City of Lubbock may be responsible which is damaged
or destroyed incident to the exercise of the privileges
herein granted, or as a result of acts or omissions of
the employees or agents of Lessee, shall be properly
repaired or replaced by the Lessee to the satisfaction
of the Lessor and its authorized representatives, or in
lieu of such repair or replacement, the Lessee shall,
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if so required by the Lessor, pay to the Lessor money
in any amount deemed sufficient by the Lessor to
compensate for the loss sustained by the Lessor which
results from the loss of, damage to or destruction of
such property.
15. The Lessee agrees to indemnify, defend and forever save
the Lessor, its authorized agents, representatives and
employees, harmless from and against any and all
penalties, liability, annoyances, expense or loss,
including attorneys' fees, resulting from claims or
court action of any nature arising directly or
indirectly out of any acts or omissions of the Lessee,
its agents, servants, guests, employees or business
visitors under this Agreement.
16. The Lessee shall maintain at all times, at its sole
expense, with an insurance underwriter authorized to do
business in the State of Texas and acceptable to the
Lessor insurance against claims of public liability and
property damage resulting from Lessee's activities at
the Airport. The amount of insurance coverage shall
not be less than FIFTY THOUSAND AND N0/100 DOLLARS
($50,000) for property damage arising out of any one
accident or event, or less than ONE HUNDRED THOUSAND
AND N0/100 DOLLARS ($100,000) for personal injury or
death of any one person in any one event, or less than
THREE HUNDRED THOUSAND AND N0/100 DOLLARS ($300,000)
for personal injury or death of two (2) or more persons
in any one event. Certificates of insurance or other
satisfactory evidence of coverage shall be filed with
the Director of Aviation prior to entry upon the
warehouse premises by the Lessee. Each policy shall
name the Lessor, City of Lubbock, as an additional
insured as its interest may appear and shall contain a
provision requiring the insurer to give the Lessor
written notice of cancellation or of any material
change in said policy or certificates at least thirty
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(30) days in advance of the effective date of such
cancellation or material change. Each policy shall
also contain a provision waiving the right of such
insurer to subrogation.
17. Lessee shall furnish to the Lessor satisfactory
evidence that it carries Workers' Compensation
Insurance in accordance with the laws of the State of
Texas.
18. The Lessee herein agrees to assume responsibility for
the payment of all public utility charges connected
with Lessee's use of the warehouse including, but not
limited to water, gas, electricity, telephone and sewer
service.
19. The Lessee warrants that it has not employed any person
employed by the Lessor to solicit or secure this Lease
Agreement upon any agreement for a commission,
percentage, brokerage or contingent fee.
20. Lessee shall not assign nor sublet this Lease without
prior written consent of the Director of Aviation of
the City of Lubbock, and no such assignment or
subletting shall affect Lessee's obligations to make
all required rental payments hereunder.
21. The failure of the Lessor to insist upon performance of
any of the terms, covenants or conditions of this Lease
shall not be construed as a waiver or relinquishment of
the future performance of any such terms, covenants or
conditions, and the Lessee's obligation with respect to
such future performance shall continue in full force
and effect.
22. Lessee shall, at its sole expense, provide a complete
and property arrangement for the adequate sanitary
handling and disposal away from the Airport of all
trash, garbage and other refuse that results from
Lessee's use of the warehouse.
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23. In the event Lessee remains in possession of the
warehouse after the expiration of this Agreement, such
holding over shall not be deemed as a renewal or
extension of this Lease, but shall create only a
tenancy from day to day which may be terminated at any
time by Lessor.
24. Lessee shall prohibit both unauthorized persons and
vehicles from entering those Airport premises over
which Lessee has control or usage of either exclusively
or in common with other Airport tenants, and Lessee
agrees that in the event that a civil penalty or fine
is levied against the Airport or City as a result of
Lessee's failure to comply or act in accordance with
this provision or any other applicable federal, state
or local statutes, ordinances, rules and regulations
affecting the use, occupancy or operation of any of
said premises, Lessee shall immediately reimburse the
Airport or City the full amount of the penalty or fine
and correct the act or omission leading to, causing or
contributing to the violation.
ARTICLE IV
This Lease Agreement shall terminate at the end of the
initial term hereof and Lessee shall have no further right or
interest in the warehouse except as provided in Article I and
Article III, Paragraph 23.
This Agreement is subject to termination for the reasons set
forth below, provided that fifteen (15) days written notice is
given to the non -terminating party. Rental due hereunder shall
be payable only to the effective date of said termination.
The Lessee may terminate upon the happening of any of the
following:
1. The permanent abandonment of the Airport as an airline
terminal.
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2. The issuance by any court of competent jurisdiction of
an injunction in any way preventing or restraining the
use of the Airport, provided such injunction remains in
force for at least thirty (30) days.
3. The breach by the Lessor of any of the terms, covenants
or conditions of this Agreement to be kept, performed
and observed by the Lessor, and the failure of the
Lessor to remedy such breach for a period of thirty
(30) days after written notice from the Lessee of the
existence of such breach.
4. The assumption by the United States Government, or any
authorized agency of same, of the operation, control or
use of the Airport and its facilities in such a manner
as to substantially restrict the Lessee from utilizing
the warehouse under the terms of this Agreement for a
period of at least thirty (30) days.
The Lessor may terminate upon the happening of any of the
following:
1. If the Lessee shall file a voluntary petition of
bankruptcy; if Lessee is adjudicated as bankrupt; if a
court shall take jurisdiction of Lessee and its assets
pursuant to proceedings brought under the provisions of
any federal reorganization act; if a receiver for
Lessee's assets is appointed; or if Lessee is divested
of its rights, powers and privileges under this
Agreement by other operation of law.
2. If the Lessee shall abandon and discontinue operations
under this Agreement.
3. If the Lessee shall default in or fail to make any
payments at any time and in the amounts required under
this Agreement.
4. If the Lessee shall fail to perform, keep or observe
any of the terms, covenants or conditions contained in
this Agreement to be performed, kept or observed by
Lessee.
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5. If the Lessee shall fail to abide by all applicable
laws, ordinances, rules and regulations of the United
States, State of Texas, City of Lubbock or Director of
Aviation of the City of Lubbock.
6. If Lessor, acting in good faith, finds termination of
the rights, privileges and interests of Lessee acquired
under this Lease to be necessary to secure federal
financial aid for the development of the Airport, or
further development or promotion of aeronautical
operations thereon.
In the event the warehouse is damaged by fire or other
accidental cause during the term of this Agreement so as to
become totally or partially unusable for storage purposes, Lessor
shall have the option to restore the building to its former
condition. If Lessor exercises its option to'restore the
warehouse, Lessor shall proceed with due diligence. If the
damage is so extensive as to practically amount to the total
destruction of the utility of the warehouse for storage purposes,
Lessee's obligation to pay rent hereunder shall abate for the
time and to the extent that the warehouse has been rendered
unusable. Should Lessor not exercise its option to restore the
building, this Lease shall terminate, such termination to be
effective on the date of damage by fire or other accidental
cause, and the rent shall be apportioned to that date.
Within ten (10) days following the date of expiration or
termination of this Agreement, the Lessee shall, as required by
the Lessor, vacate said warehouse, remove all property of Lessee
and restore the warehouse to as good a condition on such date of
expiration or termination as when received, ordinary wear and
tear excepted; provided, however, that Lessee's right to remove
its property from the warehouse upon expiration or termination is
subject to the condition that Lessee has paid in full all amounts
due Lessor under this Agreement. If the Lessee shall fail or
neglect to restore the warehouse within ten (10) days of said
expiration or termination, then at the option of Lessor, said
property of the Lessee shall either become the property of the
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Lessor without compensation therefor or the Lessor may restore
the warehouse at the expense of the Lessee, and no claim for
damages against the Lessor or its officers, agents or employees
shall be created or made as a result of either action.
ARTICLE V
Notices to the Lessor required or appropriate under this
Lease shall be deemed sufficient if in writing and mailed by
registered mail with postage prepaid to the Director of Aviation,
Lubbock International Airport, Route 3, Box 201, Lubbock, Texas
79401.
Notices to the Lessee required or appropriate under this
Lease shall be deemed sufficient if in writing and mailed by
registered mail with postage prepaid to Texas General Steel
Company, Inc., Rt. 3, P. O. Box 24 West, Lubbock, Texas 79401.
Should Lessor institute legal action to collect rentals due
under this Lease Agreement or damages for breach of any covenant
made herein, a reasonable sum shall be added to the amount of
recovery for attorneys' fees together with all costs of court.
Both parties hereby agree that this instrument constitutes
the final agreement of the parties and that all other previous
agreements, leases and contracts between the parties which
pertain to the property described herein are hereby declared null
and void.
Executed this the day of S't//-y , 1989.
LESSOR:
CITY OF LUBBOCK
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BY : ( , "®r B. C. McMIRN, MAYOR
P,TT T
Ranet Boyd, City Secreta y
APPROVED AS TO CONTENT:
Marvin Coffee, rector of
Aviation
APPROVED AS TO FORM:
Harold Willard, Assistant
City Attorney
LESSEE:
TEXAS GEN L STEEL ., INC.
BY:
ATTEST.
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Secretary
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