HomeMy WebLinkAboutResolution - 2009-R0284 - Amendment To Lease Agreement - Abilene Aero - Parking At LPSIA Hangar 20 - 07/28/2009Resolution No. 2049-RO284
July 28, 2009
Item No. 5.21
RESOLUTION
BE 1T 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 Amendment to Lease
Agreement with Abilene Aero, Inc. d/b/a Lubbock Aero for the lease of an additional
8,636 square feet for Customer/Tenant parking at Hangar 20 at Lubbock Preston Smith
International Airport, and all 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 Council.
Passed by the City Council this 28th day of July , 2009.
TOM MARTIN, MAYOR
ATTEST:
Reb ca Garza, City Secretary
VED AS T/O� CCON XNT:
J} mes . Loomis, Transportation and Public
VopKs and Assistant City Manager
APP V AS TO FORM:
Chad Weaver, Assistant City Attorney
Chadlecdocs/Res.LeaseAgreement- Abilene Aero, Inc.
June 29, 2009
STATE OF TEXAS §
KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF LUBBOCK
AMENDMENT TO LEASE AGREEMENT
This Agreement is entered into by the CITY OF LUBBOCK (referred to herein
as "Lessor"), a Home Rule Municipality of Lubbock County, Texas, and ABILENE
AERO, INC. d/b/a LUBBOCK AERO (referred to herein as "Lessee").
WITNESSETH:
WHEREAS, Lessor and Lessee executed a Lease Agreement on the 8`h day of
November, 2007, in which Lessee was granted the lease of Hangar 20 and associated
ground area; and
WHEREAS, Lessee leases 47,668.17 square feet of land and desires to lease an
additional 8,636 square feet for customer/tenant parking west of Hangar 20;
NOW THEREFORE, Lessor and Lessee agree to amend the following:
I.
Article One, 1.01 Leased Premises, is amended by adding the following sentence:
"Customer/Tenant parking lot: 8,636 square feet (described in Exhibit A)"
II.
Article Three, 3.01 Rentals, B. Ground Rental, is amended as follows:
"Land rental for 56,304.17 square feet of Leased Premises at the rate of $.1534
per square foot per year. Annual rental will be EIGHT THOUSAND SIX HUNDRED
THIRTY-SEVEN AND 06/100 DOLLARS ($8,637.06) which rental shall be due and
payable, in twelve, (12) equal monthly installments of SEVEN HUNDRED NINETEEN
AND 751100 DOLLARS ($719.75)."
Executed this 28th
CITY OF LUBBOCK
day of July , 2009.
BY:
TOXf MARTIN, MAYOR
ATTEST:
RebecV.a Garza, City Secretary
ABILENE AERO INC. d/b/a
LUBBOCK AERO
BY: i Rj —
Title: l
Date: 209
DVED AS TO CONTENT:
W. Loomis, Transporiation and Public Works
int City Manager
APPROVED AS TO FORM:
Chad Weaver, Assistant City Attorney
Page 2
ABILENE AERO, INC. d/b/a LUBBOCK AERO
.4 North
w ....................
PARKING LOT
8,636 sq. ft.
�oo
127'
EXHIBIT A