Loading...
HomeMy WebLinkAboutResolution - 2008-R0121 - Assignment To Transfer And Assignment Of Agreement To Abilene Aero - 04/10/2008Resolution No. 2008-RO121 April 10, 2008 Item No. 5_13 RESOLUTION WHEREAS, by Resolution No. 2004-R0383, the City Council of the City of Lubbock approved a Lease Agreement dated August 16, 2004, between the City of Lubbock and Hangars of Lubbock, Inc., a copy of which Lease 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 Lease Agreement at Lubbock Preston Smith International Airport dated August 16, 2004, 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 loth day of April , 2008. DAVID A. MILLER, MAYOR ATTEST: VED AS W. Loomis, Assistant City Manager ortation and Public Works APPROVED AS TO FORM: Linda L. Chamales, Senior Attorney/ Office Practice Section LLC:lcl City Att / Linda / RES- Assignment -2004 Horton Lease February 26, 2008 THE STATE OF TEXAS § ASSIGNMENT COUNTY OF LUBBOCK § Resolution No. 2008-80121 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 Acro, Inc. d/b/a Lubbock Aero, that certain Lease Agreement at Lubbock Preston Smith International Airport, formerly known as Lubbock International Airport, which lease was dated August lb, 2004, 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 Both day of April , 2008. HANGARSS! OF LUBBOCK, Inc. CITY OF LUB OCK 01 Earl Horton, President DAVID <1MI LER. MAYOR ATTEST: ABILENE AERO, INC. d/b/ %BBOCCK AERO chard Casler, Vice -President ATTEST: Le: cityalt / Linda ! Assignment- Horton 2004 Lease February 26, 2008 ATTEST: Reb cca Garza, City cret APPROVED AS TO CONTENT: 4,t� J s W. Loomis, Assistant City ager, Transp. & Public Works APPROVED AS TO FORM: Linda L. Chamales, Senior Attorney