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HomeMy WebLinkAboutResolution - 2015-R0162 - Ramp Area Use Agreement - Federal Express Corporation - 05/28/2015Resolution No. 2015-RO162 Item No. 6.21 May 28, 2015 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock is hereby authorized and directed to execute for and on behalf of the City of Lubbock, a Ramp Area Use Agreement, by and between the City of Lubbock and FEDERAL EXPRESS CORPORATION, and related documents. Said Agreement is attached hereto and incorporated in this resolution as if fully set forth herein and shall be included in the minutes of the City Council. Passed by the City Council on May 28, 2015 GL0,<rR,WERTSON, MAYOR ATTEST: r-� Ret cca Garza, City S ere APPROVED AS TO CONTENT: Executive Director of Aviation RES.Contract.FEDERAL EXPRESS CORPORATION 5.5.15 Resolution No. 2015-RO162 LUBBOCK PRESTON SMITH INTERNATIONAL AIRPORT I.L•\u 1'\.7 iI_\ iLy �7�1i.7���� 1�►Y➢ THE STATE OF TEXAS COUNTY OF LUBBOCK This Agreement is entered into at Lubbock, Texas, by and between the CITY OF LUBBOCK, TEXAS, hereinafter referred to as "CITY", and FEDERAL EXPRESS CORPORATION, hereinafter referred to as "LESSEE." WITNESSETH: WHEREAS, CITY owns and operates a public airport designated as Lubbock Preston Smith International Airport and hereinafter called "Airport;" and WHEREAS, LESSEE desires to have priority use of approximately 344,000 square feet of ramp area ("Ramp Area" as hereinafter defined) at the Airport for the purpose of conducting air cargo operations; and WHEREAS, the Airport Board of the City of Lubbock has approved and recommends that LESSEE be granted priority use of the Ramp Area for a term hereinafter designated; and WHEREAS, the City Council of the City of Lubbock accepts the recommendation of the Airport Board and finds that execution of this Agreement will properly serve the public interest of the citizens of the City of Lubbock; NOW THEREFORE, for and in consideration of the covenants and conditions herein contained and other valuable consideration, CITY hereby authorizes LESSEE to exercise the rights, powers, and privileges hereinafter set forth and does hereby grant to LESSEE priority use of the Ramp Area whose location is designated on Exhibit "A" attached hereto and incorporated herein by reference as part of this Agreement. ARTICLE I 1.01. NON-EXCLUSIVE. It is understood and agreed that nothing herein contained shall be construed to grant or authorize the granting of an exclusive right to conduct air cargo operations or otherwise to occupy and use Ramp Area. 1.02. PURPOSE. LESSEE'S use of the Ramp Area shall be for the sole purpose of conducting air cargo operations, parking of aircraft owned and operated by LESSEE, its subsidiaries, or others with whom LESSEE may from time to time contract for the conduct of air cargo operations, and making incidental repairs to the aircraft that are necessary to the conduct of LESSEE'S air cargo operations. 1.03. SIGNS. LESSEE shall have the right to place signs identifying its business at locations on the Airport designated by the Executive Director of Aviation of the City of Lubbock. Said signs shall be of a type, size, and design approved in writing by the Executive Director of Aviation. The installation of such signs must comply with all City Codes and shall be without cost to CITY. ARTICLE 11 TERM 2.01. TERM. The initial term of this Agreement shall be for a period of five (5) years commencing on April 1, 2015 and ending on March 31, 2020. In addition to the initial term, LESSEE shall have the option to renew this Agreement for one (1) additional five (5) year FEDERAL EXPRESS CORPORATION — 2 period. Notice of LESSEE'S intent to exercise a renewal option must be received in the office of the Executive Director of Aviation at least thirty (30) days prior to the end of the initial term. 2.02 HOLDING OVER. In the event LESSEE continues its usage of the Ramp Area after the expiration of this Agreement, without any written renewal or extension of this Agreement, such holding over shall not be deemed as a renewal or extension of the same, and may be terminated at any time by the Executive Director of Aviation of CITY. ARTICLE III FEES 3.01. RAMP USE FEE. As consideration for the privileges enumerated herein, LESSEE shall pay to CITY a ramp use rental fee for 344,000 square feet at the rate of $.40 per square foot per year. Annual rental will be ONE HUNDRED THIRTY-SEVEN THOUSAND SIX HUNDRED AND N0/100 DOLLARS ($137,600.00) which shall be due and payable in (12) equal monthly installments of ELEVEN THOUSAND FOUR HUNDRED SIXTY-SIX AND 67/100 DOLLARS ($11,466.67) by the tenth (10a') day of every month of the term. During the initial term of this Agreement, and during any renewal periods, the rental rates will be adjusted upward or downward for each ensuing calendar year beginning January 1, 2017, in direct proportion to the fluctuation in the U.S. Department of Labor, Bureau of Labor Statistics Consumer Price Index (CPI) for All Urban Consumers. Any adjustment to the rental rates resulting from changes in the CPI shall be determined by calculating the increase or decrease in the CPI for the preceding twelve (12) months. Adjustments shall not exceed three percent (3%) in any one year. 3.02 LANDING FEES. In addition to the ramp use rental fee, LESSEE shall also pay CITY landing fees upon execution of this Agreement at the rate of 125% of the rate established FEDERAL EXPRESS CORPORATION — 3 for Certified Passenger Air Transportation Companies (CPATC) operating under the standard long-term agreement for Lubbock Preston Smith International Airport in effect for such air carriers. If during the term of this Agreement, the CPATC and CITY agree to permit eligible cargo carriers to pay a landing fee rate identical to the CPATC rate or less than the current 125% rate set forth above, then such change shall be made upon written notice by CITY to LESSEE and no amendment to this Agreement shall be required. Not later than the fifth (5`h) day of each month, LESSEE shall file with the Executive Director of Aviation a report of LESSEE'S actual landings at the Airport for the preceding month, which report shall include the number and type of aircraft making such landings. Upon receipt of such report, CITY shall transmit to LESSEE a statement of the landing fees incurred by LESSEE for the preceding month. Payment shall be made by LESSEE to CITY on or before the 25h day of the month in which such statement is transmitted. LESSEE shall further provide CITY with a summary of the approved maximum gross landing weights for each type of aircraft LESSEE operates at the Airport. 3.03. DEFAULT FOR FAILURE TO PAY FEES. If LESSEE fails to pay any fees due hereunder within thirty (30) days after CITY transmits a statement therefore to LESSEE, CITY may, at its option, upon fifteen (15) days written notice to LESSEE (unless in such fifteen (15) day period LESSEE shall have corrected such failure to pay) immediately or at any time thereafter, enter into and upon the Ramp Area or any part thereof in the name of the whole, and repossess the same without being deemed guilty of trespass, or breach of this Agreement. 3.04. PAYMENTS. All payments that become due and payable by LESSEE shall be made to the City of Lubbock at the office of the Executive Director of Aviation, Lubbock Preston Smith International Airport, 5401 N. MLK Blvd., Unit 389, Lubbock, Texas 79403. FEDERAL EXPRESS CORPORATION — 4 3.05. EXEMPTION FROM FUEL FLOWAGE FEES. Upon payment of landing fees described in Section 3.02 of this Agreement, LESSEE will be exempt from any payments to the CITY for fuel flowage fees. ARTICLE IV RIGHTS RESERVED TO CITY The following rights are reserved to CITY, and LESSEE agrees that all rights, powers, and privileges granted under the terms of this Agreement shall be subordinated to CITY's rights as hereinafter stated. 4.01. AIRPORT HAZARDS. CITY reserves the right to take action it considers necessary to protect the aerial approaches of the Airport against obstruction, together with the right to prevent LESSEE from erecting or permitting the erection of any building or other structure on the Airport which in the opinion of CITY would limit the usefulness of the Airport or constitute a hazard to aircraft. 4.02. AGREEMENT WITH UNITED STATES. During time of war or national emergency, CITY 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 air navigation facilities, and other areas 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. 4.03. SUBORDINATION OF LESSEE'S RIGHTS. This Agreement shall be subordinate to the provisions of any existing or future agreement between the CITY and the United States pertaining to the operation and maintenance of the Airport, the execution of which has been or may be required as a condition precedent to the expenditure of federal funds for the development of the Airport. FEDERAL. EXPRESS CORPORATION — 5 4.04. SUSPENSION OF LESSEE'S RIGHTS. All rights, privileges, and interests acquired herein by LESSEE, at the option of CITY, following sixty (60) days written notice to LESSEE, may be suspended if such suspension is found by CITY, acting in good faith, to be necessary to secure federal financial aid for the development of the Airport, or further development of aeronautical operations thereon. ARTICLE V GENERAL CONDITIONS This Agreement is granted subject to the following provisions and conditions: 5.01. RULES AND REGULATIONS. In conducting its business hereunder, LESSEE shall comply with all applicable laws of the United States of America and the State of Texas, the rules and regulations promulgated by their authority pertaining to aviation and air navigation, and all reasonable rules, regulations, and ordinances of the City of Lubbock now in force or hereafter prescribed or promulgated by authority or by law. 5.02. IMPROVEMENTS OR ALTERATIONS. LESSEE shall not make, permit, or suffer any additions, improvements, or alterations to the Ramp Area without prior written consent of CITY. Any such additions, improvements, or alterations made with the consent of CITY shall be solely at the expense of LESSEE and unless such consent provides specifically that title to the additions, improvements, or alterations so made shall vest in LESSEE, title thereto shall at all times remain in CITY and such additions, improvements, or alterations shall be subject to all terms and conditions of this instrument. 5.03. REMOVAL AND DEMOLITION. LESSEE shall not remove or demolish, in whole or in part, any improvements that already exist on the Ramp Area without prior written consent of CITY, which may, at its discretion, condition such consent upon the obligation of FEDERAL EXPRESS CORPORATION — 6 LESSEE to replace the same improvements specified in such consent upon termination of this Agreement. CITY shall not impose unreasonable conditions on its consent. 5.04. MECHANIC'S LIENS. LESSEE shall not bind or attempt to bind CITY for payment of any money in connection with installations, alterations, additions, or repairs on the Ramp Area or any of LESSEE'S equipment or facilities located on Ramp Area and shall not permit any mechanic's, materialman's, or contractor's liens to arise against the Ramp Area or any improvements, equipment, machinery, or fixtures thereon belonging to CITY, and LESSEE expressly agrees that it will keep and save CITY harmless from all costs and damages resulting from any lien or liens of any character created or that may be asserted through any act or thing done by LESSEE. 5.05. DUTY TO DEFEND. In the event any mechanic's or other liens orders for payment shall be filed against the Ramp Area or improvements thereon, or the property of CITY located thereon, during the term of this Agreement, LESSEE shall within twenty (20) days cause the same to be canceled and discharged of record by bond or otherwise, at the election and expense of LESSEE, and shall also defend on behalf of CITY, at LESSEE'S sole cost and expense, any action, suit, or proceeding which may be brought for the enforcement of such liens or orders. 5.06. CITY'S RIGHT TO INSPECT. CITY, acting by and through the Executive Director of Aviation or other designated representative, shall have the right to inspect the Ramp Area at all reasonable times during the term of this Agreement and any extension thereof. 5.07. DUTY TO REPAIR. Except as provided herein, any property of CITY, or for which CITY may be responsible, which is damaged or destroyed incident to the exercise of the rights or privileges herein granted, or which damage or destruction is occasioned by the FEDERAL EXPRESS CORPORATION — 7 negligence of LESSEE, its employees, agents, servants, patrons, or invitees, shall be properly repaired or replaced by LESSEE to the satisfaction of the Executive Director of Aviation of CITY, or in lieu of such repair or replacement, LESSEE shall, if so required by the Executive Director of Aviation, pay CITY money in any amount deemed sufficient to compensate for the loss sustained or expense incurred by CITY by reason of the loss of, damage to, or destruction of such property. 5.08. TRASH DISPOSAL. LESSEE shall at its sole expense provide a complete and proper arrangement for the adequate sanitary handling and disposal, away from the Airport, of all trash, garbage, and other refuse resulting from its business operations authorized by this Agreement. 5.09. UTILITIES. LESSEE agrees to pay for all utility charges resulting from or connected with LESSEE'S use of the Ramp Area. 5.10. TAXES AND LICENSES. LESSEE shall pay all taxes of whatever character that may be lawfully levied or charged upon LESSEE'S use of the Ramp Area. LESSEE shall obtain and pay for all licenses or permits necessary or required by law for the construction of any additional improvements, the installation of equipment and fiunishings, and any other licenses necessary for the conduct of its business. 5.11. INDEMNIFICATION AND INSURANCE. The CITY, its officers, agents, elected officials, and employees shall stand indemnified by the LESSEE as provided by this Agreement. The LESSEE shall be deemed to be an independent contractor and operator responsible to all parties for its respective acts and omissions, and the CITY shall in no way be responsible therefore. In the exercise of the obligations and in the enjoyment of the privileges granted by this Agreement, the LESSEE shall indemnify and save harmless the CITY, its FEDERAL EXPRESS CORPORATION — 8 officers, agents, elected officials, and employees from any and all losses that result from any fault or negligence on the part of the LESSEE, its agents, employees, or invitees, and shall indemnify the CITY, its officers, agents, elected officials, and employees against any and all claims, demands, suits, judgments, and losses in connection therewith, except for losses resulting from the CTI Y's negligence and willful misconduct. The LESSEE shall maintain insurance at all times that this lease is in effect, at LESSEE's sole expense and with an underwriter, with an A.M. Best Rating of A -VII or better, authorized to do business in the State of Texas and acceptable to the CITY, against claims of general liability, automobile liability, and workers' compensation resulting from LESSEE's business activities at the Airport. Aviation, General Liability and Auto Liability Insurance - The amount of insurance coverage shall not be less than TEN MULLION AND NO/100 DOLLARS ($10,000,000.00) for Combined Single Limit General Liability Insurance; or less than ONE MILLION AND N0/100 ($1,000,000.00) for Combined Single Limit Auto Liability Insurance. Pollution Liability Insurance — The LESSEE shall maintain pollution liability coverage. LESSEE will be allowed to be self-insured for pollution coverage as long as LESSEE maintains the status of being a Fortune 500 Company. Workers' Compensation and EmWovers Liability Insurance — The LESSEE shall elect to obtain workers' compensation coverage pursuant to Section 406.002 of the Texas Labor Code. Further, LESSEE shall maintain said coverage throughout the term of the Agreement and shall comply with all provisions of Title 5 of the Texas Labor Code to ensure that the LESSEE maintains said coverage. LESSEE shall carry and maintain Employer Liability coverage in an amount no less than ONE MILLION AND NO/100 ($1,000,000.00). Any termination of FEDERAL EXPRESS CORPORATION — 9 workers' compensation insurance coverage or any cancellation or nonrenewal of workers' compensation insurance coverage for the LESSEE shall be a material breach of this Agreement. The above mentioned policies shall all include a waiver of subrogation. Certificates of Insurance and endorsements shall be filed with the CITY's Executive Director of Aviation prior to execution of this Agreement. The Liability policies shall name the CITY as an additional insured on a primary and non-contributory basis, require the insurer to notify the Executive Director of Aviation of any alteration, renewal, or cancellation, and remain in full force and effect until at least ten (10) days after such notice of alteration, renewal, or cancellation is received by the Executive Director of Aviation. The LESSEE will provide copies of the Certificates of Insurance and endorsements without expense to the CITY and CITY may make any reasonable request for deletion, revision, or modification of particular policy terms, conditions, limitations, or exclusions (except where policy provisions are established by law or regulation binding upon either of the parties hereto or the underwriter of any of such policies). Upon such request by the CITY, LESSEE shall exercise reasonable efforts to accomplish such changes in policy coverages, and LESSEE shall pay the cost thereof. 5.12. LESSEE SHALL VACATE. On or before the date of expiration of this Agreement, LESSEE shall, as required by the Executive Director of Aviation of CITY, vacate the Ramp Area, remove all property of LESSEE located thereupon, and restore the Ramp Area and any improvements, facilities, and equipment thereon to as good condition on such date of expiration as when received, ordinary wear and tear excepted. If, however, this Agreement is terminated pursuant to Article VI, LESSEE shall vacate the Ramp Area, remove said property, and restore the Ramp Area, improvements, facilities, and equipment thereon as aforesaid within FEDERAL EXPRESS CORPORATION — 10 thirty (30) days following the date of such termination; provided, however, that LESSEE'S right to remove its property is subject to the condition that LESSEE has paid in full all amounts due and owed to CITY under this Agreement. If LESSEE shall fail or neglect to remove said property and so restore the Ramp Area, improvements, facilities, and equipment included thereon on or before said expiration or within thirty (30) days after such termination, then at the option of the Executive Director of Aviation of CITY, said property shall either become the property of CITY without compensation therefor, or the Executive Director of Aviation may cause such property to be removed, the Ramp Area, improvements, facilities, and equipment included thereon to be restored at the expense of LESSEE, and no claim for damages against CITY, or its officers, agents, or employees shall be created or made on account of such removal and restoration. 5.13. NON DISCRIMINATION. A. LESSEE for itself, its personal representatives, successors in interest, and assigns, as a part of the consideration hereof, does hereby agree as a covenant running with the land that: (1) no person on the grounds of race, color, or national origin shall be excluded from participation in, denied the benefits of, or be otherwise subjected to discrimination in the use of LESSEE'S Premises, (2) in the construction of any improvements on, over, or under LESSEE'S Premises and the furnishing of services thereon, no person on the grounds of race, color, or national origin shall be excluded from participation in, denied the benefits of, or otherwise be subjected to discrimination, and (3) LESSEE shall use the Premises in compliance with all other requirements imposed by or pursuant to 49 CFR Part 21, Nondiscrimination in Federally -Assisted Programs of the Department of Transportation, and as said Title and Regulations may be amended. FEDERAL EXPRESS CORPORATION — 11 B. In conducting or engaging in any aeronautical activity for furnishing services to the public at the Airport, LESSEE shall furnish said services on a fair, equal, and not unjustly discriminatory basis to all users thereof, and shall charge fair, reasonable, and not unjustly discriminatory prices for each unit or service as required pursuant to 14 CFR 152. LESSEE may make reasonable and nondiscriminatory discounts, rebates, or other similar types of price reductions to volume purchasers. C. LESSEE acknowledges that the provisions of 49 CFR Part 23, Disadvantaged Business Enterprises (DBE), as said regulations may be amended, and such other similar regulations may be enacted, may be applicable to the activities of LESSEE under the terms of this Agreement, unless exempted by said regulations, and LESSEE hereby agrees to comply with the regulatory agencies, in reference thereto. These requirements may include, but not be limited to, compliance with DBE participation goals, the keeping of certain records of good faith compliance efforts, which would be subject to review by the various agencies, the submission of various reports and, if so directed, the contracting of specified percentages of goods and services contracts to DBEs. D. In the event of breach of any of the above nondiscrimination covenants which is not cured by LESSEE in the exercise of reasonable diligence, CITY shall have the right to cancel this Agreement after such action as the United States Government may direct to enforce this covenant has been followed and completed, including exercise or expiration of appeal rights. 5.14. WARRANTY OF NO SOLICTTATTON. LESSEE warrants that it has not employed any person employed by the CITY to solicit or secure this Agreement upon any agreement for a commission, percentage, brokerage, or contingent fee. FEDERAL EXPRESS CORPORATION — 12 5.15. NO ASSIGNMENT. Except with prior written consent of the Executive Director of Aviation of CITY, LESSEE shall not assign any of its rights hereunder. No such assignment made with the Executive Director's consent shall affect LESSEE'S obligations to make all required fee payments hereunder upon default of an assignee. 5.16. WAIVER. The failure of CITY to insist in any one or more instance upon performance of any of the terms or conditions of this Agreement shall not be construed as a waiver or relinquishment of the future performance of any such terms or conditions, and LESSEE'S obligation with respect to such future performance shall continue to be in full force and effect. 5.17. DUTY TO PREVENT UNAUTHORIZED ACCESS TO THE RAMP AREA. LESSEE shall prohibit both unauthorized persons and vehicles from entering those Airport premises which LESSEE has priority use of, 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. 5.18. DEVELOPMENT OF AIRPORT. LESSEE agrees that CITY has the right to further develop or improve the Airport as CITY deems necessary. If such developments or improvements prevent LESSEE from conducting its operations at the Airport, CITY will provide sixty (60) days or more advanced written notice. Ramp use rental fees shall abate in proportion to the period of time that LESSEE's operations are thereby suspended. FEDERAL EXPRESS CORPORATION — 13 ARTICLE VI TERMINATION This Agreement is subject to termination for the reasons set forth below, provided that thirty (30) days written notice is given to the non -terminating party. 6.01. LESSEE'S RIGHT TO TERMINATE. LESSEE may terminate this Agreement upon the happening of any of the following: A. The permanent abandonment by the CITY of the Airport as an air terminal. B. The issuance by any court of competent jurisdiction of an injunction in any way preventing or restraining the use of the Ramp Area for at least thirty (30) days. C. The breach by CITY of any of the terms, covenants, or conditions of this Agreement to be kept, performed, and observed by CITY, and the failure of CITY to remedy such breach for a period of sixty (60) days after written notice from LESSEE of the existence of such breach. D. 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 LESSEE from operating under the terms of this Agreement, if such restriction is to continue or has continued for a period of three (3) months or more. 6.02. CITY'S RIGHT TO TERMINATE. CITY may terminate this Agreement upon the happening of any of the following: A. If LESSEE shall file a voluntary petition of bankruptcy; or, if proceedings in bankruptcy shall be instituted against LESSEE and it is thereafter adjudicated as bankrupt pursuant to such proceedings; or if a court shall take jurisdiction of LESSEE and its assets pursuant to proceedings brought under the provisions of any federal reorganization act; or if a FEDERAL EXPRESS CORPORATION — 14 receiver for LESSEE'S assets is appointed under state or federal law; or if LESSEE shall be divested of its rights, powers, and privileges under this Agreement by other operation of law. B. If LESSEE shall abandon and discontinue operations under this Agreement. C. If LESSEE shall default in or fail to make any fee payments at the time and in the amounts required under this Agreement. D. If LESSEE shall fail to perform, keep, and observe all of the covenants and conditions contained in this Agreement. E. If LESSEE shall fail to abide by all laws, ordinances, and rules and regulations of the United States, State of Texas, City of Lubbock, or Executive Director of Aviation of CITY. F. If CITY, acting in good faith, finds termination of the rights, privileges, and interests of LESSEE acquired under this Agreement to be necessary to secure federal financial aid for the development of the Airport, or further development of aeronautical operations thereon. 6.03. FIRE DAMAGE. In the event the Ramp Area for which LESSEE is herein granted priority use is damaged by fire or other accidental cause during the term of this Agreement, or during any subsequent extension, so as to become totally or partially unusable, CITY shall have the option to restore the premises to the former condition. If CITY exercises its option to restore the premises, CITY shall proceed with due diligence. If the damage is so extensive as to prevent LESSEE from using the ramp for the uses expressed in this Agreement, LESSEE'S obligation to pay fees hereunder shall abate for the time and to the extent that the Ramp Area has been rendered unusable. Should CITY not exercise its option to restore the premises, this Agreement shall terminate, such termination to be effective on the date of damage FEDERAL EXPRESS CORPORATION — 15 by fire or other accidental cause, and all fees due pursuant to this Agreement shall be apportioned to that date. ARTICLE VII MISCELLANEOUS PROVISIONS 7.01. NOTICES. Notices to CITY required or appropriate under this Agreement shall be deemed sufficient if in writing and hand delivered or mailed, registered or certified mail, postage prepaid, or by FedEx overnight or second day air service, addressed to the Executive Director of Aviation, 5401 N. Martin Luther King Boulevard, Unit 389, Lubbock, Texas 79403. Notices to LESSEE shall be deemed sufficient if in writing and hand delivered or mailed, registered or certified mail, postage prepaid, or by FedEx overnight or second day air service addressed as follows: Federal Express Corporation Attn: Manager, Airport Relations & Development (#95-0104) 3680 Hacks Cross Road Building H, 3'd Floor Memphis, Tennessee, 38125 With a copy to: Federal Express Corporation Attn: Managing Director, Business Transactions (#95-0104) 3680 Hacks Cross Road Building B, 3d Floor Memphis, Tennessee, 38125 Either party may change its address(es) to which notices are to be sent by providing written notice in accordance with this Section 7.01. 7.02. NON -ARBITRATION. The CITY and LESSEE reserve the right to exercise any right or remedy available to it by law, contract, equity, or otherwise, including without limitation, the right to seek any and all forms of relief in a court of competent jurisdiction. FEDERAL EXPRESS CORPORATION — 16 Further, neither party shall be subject to any arbitration process prior to exercising its unrestricted right to seek judicial remedy. The remedies set forth herein are cumulative and not exclusive, and may be exercised concurrently. To the extent of any conflict between this provision and another provision in, or related to, this document, this provision shall control. 7.03. TIME IF OF THE ESSENCE. The CITY and LESSEE hereto agree that time is of the essence with respect to any duties, obligations, or performance required by this Agreement. 7.04 ENTIRE AGREEMENT. This lease constitutes the entire agreement between CITY and LESSEE, and any other written or parole agreement with CITY is expressly waived by LESSEE. EXECUTED as of the 28th day of Max 2015. CITY OF LUBBOCK, TEXAS FEDERAL EXRESS CORPORATION BY:- �'�/ Y: V��//` h_ GLE . R , 'fSON, MAYOR {ZJZT 3-3/-�o/s EST: A ST: Re ma Garza, CitySecrot APPROVED AS TO CONT13NT: APPROVED AS TO FORM: IN CAS Kelly Caftball, A.A.B. e Executive Director of Aviation First Assistant City ttomey FEDERAL EXPRESS CORPORATION -17 FRIENM ST. 44 �r �c CID Cr 10- 0 N 0 ,_+ CD D O C/) 3 EXHIBIT A TAXIWAY S �lri s M D X_ � � I 366' ` I V - EXHIBIT A