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HomeMy WebLinkAboutResolution - 2008-R0118 - Assignment To Transfer And Assignment Of Agreement To Abilene Aero - 04_10_2008Resolution No. 2008-RO118 April 10, 2008 Item No. 5.10 RESOLUTION WHEREAS, the City Council of the City of Lubbock approved a Hangar Ground Rental Agreement dated June 10, 1974, between the City of Lubbock and Hangars of Lubbock, Inc., a copy of which Agreement is attached hereto and incorporated in this resolution as if fully set forth; and WHEREAS, Hangars of Lubbock, Inc. desires to assign the Lease to Abilene Aero, Inc. d/b/a Lubbock Aero; and WHEREAS, the Airport Board of the City of Lubbock has approved and recommends that approval of the assignment attached hereto; NOW THEREFORE, 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 an Assignment to transfer and assign to Abilene Aero, Inc. d/b/a Lubbock Aero, that certain Hangar Ground Rental Agreement at Lubbock Preston Smith International Airport dated June 10, 1974, between the City of Lubbock and Hangars of Lubbock, Inc. Said Assignment is attached hereto and incorporated in this Resolution as if fully set forth herein and shall be included in the minutes of the Council. Passed by the City Council this 10th day of April , 2008. DAVID A. MILLER, MAYORC7 ATTEST: LL AS TO W. Loomis; Assistant City ortation and Public Works APPROVED AS TO FORM: Linda L. Chamales, Senior Attorney/ Office Practice Section LLC1cl City Att / Linda! RES- Assignment-1974 Horton Lease February 26, 2008 Resolution No. 2008-RO118 THE STATE OF TEXAS § ASSIGNMENT COUNTY OF LUBBOCK § KNOW ALL MEN BY THESE PRESENTS THAT Hangars of Lubbock, Inc., ("Assignor"), has this day and does by these presents transfer and assign to Abilene Aero, Inc. d/b/a Lubbock Aero, that certain IIangar Ground Rental Agreement at Lubbock Preston Smith International Airport, formerly known as Lubbock Regional Airport, which lease was dated June 10, 1974, between the City of Lubbock and Hangars of Lubbock, Inc. A copy of the lease being assigned is attached hereto and is incorporated herein by reference. Abilene Aero, Inc. d/b/a Lubbock Aero, hereby assumes all of the obligations of the Assignor under the attached Agreement. This Assignment shall be effective upon approval by the City Council of the City of Lubbock, Texas and the execution by the Mayor thereof. Dated this the 10th day of April , 2008. HANGARS OF LUBBOCK, Inc. CITY OF LUBBOCK C%t--,,..-a� _ L Earl Horton, President DAVID A. MILLER, MAYOR ATTEST: ABILENE AERO, INC. P/BBOC AFRO chard Casler, Vice -President ATTEST: 61 ' Ze_/)L_&/1(.k1A z-, )_ Lc cityatt / Linda / Assignment- Horton 1974 Lease Februm 26. 2008 ATTEST: Rebecca Garza, City Secretary APPROVED AS TO CONTENT: Ja s W. Loomis, Assistant City M nager, Transp. & Public Works APPROVED AS TO FORM: c, Linda L. Chamales, Senior Attorney