HomeMy WebLinkAboutResolution - 1585 - Lease Agreement - American Airlines - 578 Sq Ft Office Space, LIA - 02/23/1984f RESOLUTION 1585 - 2/23/84
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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 Space Lease
Agreement between the City of Lubbock and American Airlines, 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 23rd day of February 1984.
ALAKr HENRY, MAN OR
ATTEST:
velyn G fga, City e e y-Treasurer
APPROVED AS TO CONTENT:
Marvin Coffee, DAYbctor of Aviation
APPROVED AS TO FORM:
��ZZZ Z2 4 �-
Mic e G Isar, Aszilstant City Attorney
RESOLUTION 1585 - 2/23/84
SPACE LEASE - TERMINAL BUILDING
LUBBOCK INTERNATIONAL AIRPORT
THE STATE OF TEXAS §
COUNTY OF LUBBOCK §
This Lease Agreement is entered intoatLubbock, Texas, by
and between the City of Lubbock, hereinafter referred to as
"Lessor", and American Airlines, Inc., a corporation incorporated
under the laws of the State of Delaware with its principal office
at Dallas -Fort Worth Airport, Texas, hereinafter referred to as
"Lessee".
WITNESSETH:
WHEREAS, Lessor owns and operates a public airport desig-
nated as Lubbock International Airport hereinafter called
"Airport"; and
WHEREAS, the Lessee desires to lease approximately 578
square feet of office space on the upper level of the Terminal
Building of the Airport and additional terminal space on the
apron level of said Terminal Building; and
WHEREAS, the Airport Board of the City of Lubbock has
approved a one (1) year Space Lease in the Terminal Building of
the Airport subject to termination upon a thirty (30) day notice
without any obligation on the part of Lessor to reimburse Lessee
for relocation expense; and
WHEREAS, the City Council of the City of Lubbock accepts the
recommendation of the Airport Board and finds that execution of
this Lease will properly serve the public interest of the
citizens of the City of Lubbock;
ARTICLE I
NOW THEREFORE, for and in consideration of the covenants and
conditions herein contained and other valuable consideration the
Lessor authorizes the Lessee to exercise the rights, powers and
privileges hereinafter set forth and does hereby lease to the
Lessee certain exclusive premises hereinafter described and
called "Leased Premises".
1.01. EXCLUSIVE LEASED PREMISES. Exclusive Leased Premises
is comprised of the following areas:
A. An area of 578 square feet, more or less, on the
upper level of the Terminal Building of the Lubbock Inter-
national Airport, located in Lubbock County, Texas, the
location of which is designated in red on Exhibit "A"
attached hereto and by this reference made a part hereof.
B. An area of 300 square feet, more or less, of
terminal space on the apron level of said Terminal Building,
the location of which is designated in red on Exhibit "B"
attached hereto and by this reference made a part hereof.
C. An area of 624 square feet, more or less, of
terminal space on the apron level of said Terminal Building,
the location of which is designated in blue on Exhibit "B"
hereto.
D. An area of 1517 square feet, more or less, of
terminal space on the apron level of said Terminal Building,
the location of which is designated in green on Exhibit "B"
hereto.
1.02. NONEXCLUSIVE PRIVILEGES. In addition to the exclu-
sive Leased Premises hereinabove described, Lessee is hereby
granted the nonexclusive use of such space and facilities in and
adjacent to the Terminal Building as may be designated by Lessor
and which shall be necessary to provide access to Lessee's
exclusive Leased Premises.
1.03. PURPOSE. Lessee's use of said leased facilities
shall be for the sole purpose of providing space for a certi-
ficated passenger airline operation.
1.04. SIGNS. Lessee shall have the right to place or
replace existing signs identifying Lessee's business on and in
the Terminal Building. Said signs shall be of a type, size and
design approved in writing by the Director of Aviation of the
City of Lubbock. Such installation shall comply with all
applicable City Codes and shall be without cost to Lessor.
1.05. Lessee shall conform and abide by and be responsible
for present and future security measures in Lessee's space
including but not limited to the securing and locking doors and
other key control areas and equipment.
ARTICLE II
TERM
The term of this Agreement shall be for a period of one (1)
year commencing on June 1, 1983, and ending on May 31, 19849
unless sooner terminated as hereinafter provided.
ARTICLE III
RENTAL
3.01. RENTAL. In consideration of the rights and privi-
leges herein granted, Lessee shall pay to Lessor the following
rentals:
A. For the 578 square feet of office space shown in
red on Exhibit A hereto, an annual rental of $14.60 per
square foot per year or EIGHT THOUSAND FOUR HUNDRED THIRTY-
EIGHT AND 80/100 DOLLARS ($8,438.80) per year, payable in
monthly installments of SEVEN HUNDRED THREE AND 23/100
DOLLARS ($703.23).
B. For the 300 square feet of terminal space in red on
Exhibit B hereto, an annual rental of $11.68 per square foot
per year or THREE THOUSAND FIVE HUNDRED FOUR AND NO/100
DOLLARS ($3,504.00) per year, payable in monthly instal-
lments of TWO HUNDRED NINETY-TWO AND NO/100 DOLLARS
($292.00)
C. For the 624 square feet of terminal space shown in
blue on Exhibit B hereto, an annual rental of $11.68 per
square foot per year or SEVEN THOUSAND TWO HUNDRED EIGHTY-
EIGHT AND 32/100 DOLLARS ($7,288.32) per year, payable in
monthly installments of SIX HUNDRED SEVEN AND 36/100 DOLLARS
($607.36).
D. For the 1517 square feet of terminal space shown in
green on Exhibit B hereto, an annual rental of $11.68 per
square foot per year or SEVENTEEN THOUSAND SEVEN HUNDRED
EIGHTEEN AND 56/100 DOLLARS ($17,718.56) per year, payable
in monthly installments of ONE THOUSAND FOUR HUNDRED
SEVENTY-SIX AND 55/100 DOLLARS ($1,476.55).
Such rentals shall be payable in advance by the tenth (10th)
day of each month. The aforesaid rental rates shall be annually
adjusted upward or downward in direct proportion to fluctuation
in the Consumer Price Index published by the Bureau of Labor
Statistics of the United States Department of Labor. For the
purpose of computing all adjustments, the Consumer Price Index as
of January 1, 1983 shall be construed as the base and the first
such adjustment shall be made on January 1, 1984.
3.02. DEFAULT FOR FAILURE TO PAY RENTALS, FEES AND CHARGES.
If Lessee fails to pay rentals, charges and fees due hereunder
within thirty (30) days after City transmits a statement there-
fore 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 Leased Premises,
or any part thereof in the name of the whole, and repossess said
Premises.
3.03. PAYMENTS. 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, or as specified by the City Secretary -Treasurer.
ARTICLE IV
RIGHTS RESERVED TO LESSOR
The following rights are reserved to Lessor and Lessee
agrees that all rights, powers, and privileges granted under the
terms of this Lease shall be subordinated to Lessor's rights as
hereinafter stated.
4.01. AIRPORT HAZARDS. Lessor 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 to be erected any
building or other structure on the Airport which in the opinion
of Lessor would limit the usefulness of the Airport or constitute
a hazard to aircraft.
4.02. AGREEMENT WITH UNITED STATES. During the 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 part or all of the landing area, the publicly
owned air navigation facilities, and other area or facilities of
the Airport. And if any such agreement is executed, the provi-
sions 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 Lessor and the United States relative 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.
4.04. SUSPENSION OF LESSEE'S RIGHTS. All rights, privi-
leges and interests acquired herein by Lessee at the option of
the Lessor, following written notice of thirty (30) days, 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 to secure federal financial
aid for the further development and provisions of aeronautical
operations thereon.
ARTICLE V
GENERAL CONDITIONS
This Lease 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 with reference to
aviation and air navigation, and all reasonable and applicable
rules, regulations and ordinances of City now in force or
hereafter prescribed or promulgated by authority or by law.
5.02. IMPROVEMENTS OR ALTERATIONS. The Lessee shall not
make, permit, or suffer any additions, improvements or altera-
tions to the property without prior written consent of the
Lessor. Any such additions, improvements or alterations made
with the consent of the Lessor shall be solely at the expense of
the Lessee and unless such consent provides specifically that
title to the addition or improvement so made shall vest in the
Lessee, title thereto shall at all times remain in the Lessor and
such additions or improvements shall be subject to all terms and
conditions of this instrument. Any improvements, equipment, or
other property now existing which in the past Lessee has instal-
led, erected, or placed in or on the Leased Premises and which
are at the time of the execution of this Lease Agreement the
property of Lessee shall remain the property of Lessee, except
such improvements, equipment, or other property as may constitute
fixtures attached to the building or premises which if removed
would damage or impair the use of such building or premises. All
construction and installation provided by Lessor shall be
considered as fixtures attached to the premises and will remain
the property of Lessor.
5.03. REMOVAL AND DEMOLITION. Lessee shall not remove or
demolish in whole or in part, any improvements that already exist
on the Leased Premises without prior written consent of City
which may, at its discretion, condition such consent upon the
obligation of Lessee to replace the same improvements specified
in such consent upon termination of this Lease. City shall not
withhold consent unreasonably and shall not impose unreasonable
condition on its consent.
5.04. MECHANIC'S LIENS. The Lessee shall not bind or
attempt to bind Lessor for payment of any money in connection
with installations, alterations, additions, or repairs on the
Leased Premises or any of Lessee's equipment or facilities
located on the Leased Premises and not permit any mechanid's,
materialman's or contractor's liens to arise against the Premises
or any improvements, equipment, machinery, or fixtures thereon
belonging to the Lessor, and Lessee expressly agrees that it will
keep and save the Premises 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 act or thing done by the
Lessee.
5.05. LESSEE'S DUTY TO DEFEND. In the event any mechanic's
or other liens or orders for payment shall be filed against the
Premises or improvements thereon, or the property of Lessor
located thereon, during the term of this Lease Agreement, Lessee
shall within ten (10) 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 Lessor, at
Lessee's sole cost and expense, any action, suit or proceeding
which may be brought thereon or for the enforcement of such lien
or order.
5.06. LESSOR'S RIGHT TO INSPECT. The Lessor, acting by and
through the Director of Aviation, or other designated representa-
tive shall have the right to inspect the property at all reason-
able times during the term of this Lease.
5.07. JANITORIAL SERVICES. Lessee shall, at its own
expense, provide janitorial services in the Leased Premises. Said
services may be provided by Lessee alone, or by Lessee in
conjunction with other tenants who are now or may hereafter be
Lessees at the Airport.
5.08. MAINTENANCE BY LESSOR. Lessor shall be responsible
for and shall perform exterior building maintenance, structural
maintenance and maintenance of heatinq and air conditioning
units.
5.09. MAINTENANCE BY LESSEE. Lessee agrees that it will at
all times during the term of this Lease maintain, without cost to
Lessor, its exclusive Leased Premises and all facilities and
equipment therein, including but not limited to installed
equipment owned by Lessee, in good and serviceable condition,
ordinary wear and tear accepted. Lessee shall relamp light
fixtures as necessary and shall repaint the interior of the
exclusive Leased Premises as necessary. All such maintenance,
repairs, and replacement shall be of quality equal to the
original condition in materials and workmanship. All paint
colors or schemes shall harmonize with the decor of the Terminal
Building subject to the prior approval of the Director of
Aviation.
5.10. LESSEE'S DUTY TO REPAIR. Except as provided herein,
any property of the Lessor, or for which Lessor may be respon-
sible, which is damaged or destroyed incident to the exercise of
the privileges herein granted or which damage or destruction is
occasioned by the negligence of Lessee, its employees, agents,
servants, patrons or invitees, 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 replace-
ment, the Lessee shall, 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 or expense incurred by the
Lessor by reason of the loss of, damage to, or destruction of
such property.
5.11. TRASH DISPOSAL. Lessee shall provide a complete and
proper arrangement for the adequate sanitary handling and
disposal away from the Airport, of all trash, garbage and other
refuse caused as a result of the operation of its business at its
sole expense.
5.12. UTILITIES. Lessee agrees to pay for all heating,
lighting, and air conditioning energy consumption in the Leased
Premises and all utility charges associated with the occupancy of
the Leased Premises.
5.13. TAXES AND LICENSES. Lessee shall pay all taxes of
whatever character that may be lawfully levied or charged upon
Lessee's leasehold improvements and upon Lessee's rights to use
the Leased Premises. Lessee shall obtain and pay for all
licenses or permits necessary or required by law for the con-
struction of any additional improvements, the installation of
equipment and furnishings, and any other licenses necessary for
the conduct of its business. Lessor shall assist Lessee where
necessary in obtaining said permits.
5.14. HOLD HARMLESS. 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, or loss resulting from
claims or court action of any nature arising directly or in-
directly out of any acts or omissions of the Lessee, his agents,
servants, guests, employees or business visitors under this
Agreement.
5.15. PUBLIC LIABILITY AND PROPERTY DAMAGE INSURANCE. The
Lessee shall maintain at all times during the term of this Lease,
at its sole expense, insurance with an insurance underwriter
acceptable to the Lessor and from one authorized to do business
in the State of Texas, against claims of public liability and
property damage resulting from Lessee's business activities at
the Airport. The amount of insurance coverage shall be not less
than TWO HUNDRED FIFTY THOUSAND DOLLARS ($2509000) for property
damages as a result of any one event, or less than THREE HUNDRED
THOUSAND DOLLARS ($300,000) for personal injury or death of any
one person in any one event; or less than TWO MILLION DOLLARS
($2,000,000) for personal injury or death or two or more persons
in any one event. All policies shall contain an agreement on the
part of the respective insurers, waiving the right of such
insurers to subrogation. Certificates of insurance or other
satisfactory evidence shall be filed with the City Secretary and
an additional copy give to the Director of Aviation prior to the
commencement of the term of this Lease. Each policy shall name
the Lessor, City of Lubbock, as an additional insured as its
interest may appear. Each policy shall provide, "It is agreed
that insurer shall notify the City of Lubbock, Texas, of any
alteration, renewal or cancellation of this policy and that this
policy shall remain in full force and effect until thirty (30)
days after such notice is received by the Director of Aviation."
5.16. FIRE INSURANCE. Lessee shall insure for fire and
extended coverage risks all Lessee's improvements on Leased
Premises and shall keep such insurance in full force and effect
during the entire term of this Lease. Such insurance shall be in
an amount equal to the full insurable replacement value of such
improvements, subject to Lessee's right to maintain reasonable
deductibles; provided that Lessee shall assume all losses within
the deductible amount and shall pay to Lessor any loss incurred
by Lessor that would have been payable had not such deductibles
been maintained by Lessee. All fire insurance policies shall
contain loss payable endorsements in favor of the parties as
their respective interests may appear hereunder, and an agreement
on the part of the insurer waiving the right of such insurer to
subrogation. Lessee shall furnish certificates of insurance or
other satisfactory evidence of compliance with this provision to
the Director of Aviation upon execution of this Lease.
5.17. WORKER'S COMPENSATION. Lessee shall furnish to the
Lessor satisfactory evidence that it carries Worker's Compensa-
tion Insurance in accordance with the laws of the State of Texas.
5.18. LESSEE SHALL VACATE. On or before the date of
expiration of this Agreement, the Lessee shall as required by the
Lessor, vacate said Premises, remove all property of the Lessee
and restore the Leased Premises, improvements, facilities and
equipment included herein to as good condition on such date of
expiration or termination as when received, ordinary wear and
tear excepted. If, however, this Lease is revoked, the Lessee
shall vacate the Leased Premises, remove said property and
restore the Leased Premises, improvements, facilities and
equipment included herein as aforesaid within thirty (30) days
following the date of receipt of Lessor's notice of 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 owing Lessor under this Lease Agreement. If the Lessee
shall fail or neglect to remove said property and so restore the
Leased Premises, improvements, facilities and equipment included
herein, on or before said expiration or within thirty (30) days
of receipt of such notice of termination, then at the option of
the Lessor said property shall either become the property of the
Lessor without compensation therefor or the Lessor may cause the
property to be removed, the Leased Premises, improvements,
facilities and equipment included herein to be restored 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 on
account of such removal and restoration.
5.19. NONDISCRIMINATION. The Lessee, its agents and
employees will not discriminate against any person or class of
persons by reason of sex, race, color, creed or national origin
in providing any services or in the use of its facilities
provided for the public. The Lessee shall not discriminate
against any person or class of persons on the basis of age in a
manner that violates any prohibition against such discrimination
under the Age Discrimination Act of 1975, 42 U.S.C. §6101 et.
seq. The Lessee further agrees to comply with such enforcement
procedures as the United States might demand that the Lessor take
in order to comply with the sponsor's assurances (City).
Lessee agrees to not discriminate against any employee or
applicant for employment because of race, creed, color, age, sex
or national origin. The Lessee agrees to take affirmative action
to insure that applicants are employed and that employees are
tested during employment without regard to race, creed, color,
age, sex or national original. Such action shall include, but
not be limited to employment, upgrading, demotion or transfer,
recruitment, layoff, rates of pay or other forms of compensation,
and selection for training, including apprenticeship.
The Lessee will conduct its activities and operate its
facilities in accordance with the requirements of Section 504 of
the Rehabilitation Act of 1973 and will assure that no qualified
handicapped person shall, solely by reason of his or her handicap
be excluded from participation in, be denied the benefits of, or
otherwise be subjected to discrimination, including discrimina-
tion in employment, under any program or activity of the Lessee.
5.20. WARRANTY OF NO SOLICITATION. 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.
5.21. NO ASSIGNMENT OR SUBLETTING. Except with prior
written consent of the Lessor the Lessee shall not sublet any
part of the Premises or assign the Lease or any of its rights
hereunder. No such assignment or subletting, made with Lessor's
consent, shall affect Lessee's obligations to make all required
rental payments hereunder upon default of its assignee or
subtenant.
5.22. WAIVER. The failure of the Lessor to insist in any
one or more instance upon performance of any of the terms or
conditions of this Lease shall not be construed as a waiver or
relinquishment of the future performance of any such term or
conditions but the Lessee's obligation with respect to such
future performance shall continue in full force and effect.
5.23. LESSOR'S RIGHT TO LEASE REMAINING PORTIONS OF
BUILDING. Lessee agrees that Lessor has the right to lease
remaining portions of the Terminal Building to any such other
tenants as Lessor desires.
5.24. LESSOR'S LIEN. Lessee agrees that the Lessor shall
have, and it hereby grants the Lessor a lien on all Lessee's
property of whatsoever nature placed in or upon the Premises, to
guarantee the payment of any and all arrearages. Lessee agrees
to execute a financing statement to be filed with the Secretary
of the State of Texas and the County Clerk of Lubbock County to
perfect Lessor's lien and to furnish Lessor an itemized list of
such property.
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. The Lessee may termi-
nate upon the happening of any of the following:
A. The permanent abandonment 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 Airport and the remaining in force of such injunction
for at least thirty (30) days.
C. 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 sixty (60) days after
written notice from the 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 the 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. LESSOR'S RIGHT TERMINATE. The Lessor may terminate
upon the happening of any of the following:
A. If the Lessor, in its sole discretion, determines that
the Lease should be terminated to accommodate the construc-
tion work on the expansion and renovation of the terminal
building, in which case Lessee agrees to vacate the premises
within thirty (30) days after receipt of Lessor's notice of
termination and Lessee further agrees that Lessor shall not
pay any expense of Lessee's relocation.
B. If the Lessee shall file a voluntary petition of
bankruptcy; or, if the proceedings in bankruptcy shall be
instituted against it and it is thereafter adjudicated a
bankrupt pursuant to such proceedings; or if a court shall
take jurisdiction of the Lessee and its assets pursuant to
proceedings brought under the provisions of any federal
reorganization act; or if a 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.
C. If the Lessee shall abandon and discontinue operations
under this Agreement.
D. If the Lessee shall default in or fail to make any
payments at the time and in the amounts as required of it
under this Agreement.
E. If the Lessee shall fail to perform, keep and observe
all of the covenants and conditions contained in this
Agreement to be performed, kept and observed by it.
F. If the Lessee shall fail to abide by all applicable
laws, ordinances and rules and regulations of the United
States, State of Texas, City of Lubbock or Director of
Aviation of the City of Lubbock.
G. 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 to secure federal
financial aid for the further development and provisions of
aeronautical operations thereon.
6.03. FIRE DAMAGE. In the event the Terminal Building at
the Lubbock International Airport is damaged by fire or other
accidental cause during the term of this Lease Agreement so as to
become totally or partially untenantable, Lessor shall have the
option to restore the Premises to their former condition. If
Lessor exercises its option to restore the Premises, Lessor shall
proceed with due diligence. If the damage is so extensive as to
amount practically to the total destruction of the utility of the
Leased Premises for the uses expressed in this Lease Agreement,
Lessee's obligation to pay rent hereunder shall abate for the
time and to the extent that the Premises have been rendered
untenantable. Should Lessor not exercise its option to restore
the Premises, 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.
ARTICLE VII
MISCELLANEOUS PROVISIONS
7.01. NOTICES. Notices to City provided for herein shall be
sufficient if sent by certified mail, postage prepaid, addressed
to the Director of Aviation, Route 3, Box 3899 Lubbock, Texas
79401, and notices to Lessee, if sent by certified mail, postage
prepaid, addressed to American Airlines, Inc., P.O. Box 61616,
Dallas -Fort Worth Airport, Texas 752619 Attention: Vice-
Presi-dent, Properties and Facilities or to such other addresses as the
parties may designate to each other in writing from time to time.
7.02. ATTORNEY'S FEES. 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 attorney's fees
together with all costs of court.
7.03. HOLDING OVER TO BE MONTH TO MONTH TENANCY AT ADJUSTED
RENTAL STIPULATED IN THIS LEASE. In the event Lessee remains in
possession of the Leased Premises after the expiration of this
Lease Agreement without any written renewal or extension of this
Lease, such holding over, with or without the consent of Lessor,
shall be treated as a tenancy from month to month at a monthly
rental equal to the rental amounts stipulated in this Lease as
adjusted in proportion to the Consumer Price Index. This provi-
sion shall not be construed as giving Lessee any right so to hold
over.
Executed in triplicate this aA11,C day of _
198X-
AMERICAN AIRLINES, INC.
B Y : C_4,ej1o0 h C,
Title _ Lice ulderd Praoefts
ATTEST:
"r
acre t ary
CITY OF LUB OC4TEXBY:✓NRY,
ATTEST:
velyn Wffga
City Secretary -Treasurer
APPROVED AS TO CONTENT:
Marvin Coffee
Director of Aviation
APPROVED AS TO FORM:
O.O�yc � ��LIIJL�l�i1.
,Jcyan M. Sherwin
A sistant City Attorney
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