HomeMy WebLinkAboutResolution - 843 - Agreement Ot Terminate MFBO Agreement, Etc.- Ridpath Aviation- Old Terminal LIA - 06/18/1981AA:bs
RESOLUTION
RESOLUTION #843 - 6/18/81
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 Agreement to
Terminate Modified Fixed Base Operator Agreement and Office Space Lease - Old
Terminal Building and Addendum No. 1 Thereto with Ridpath Aviation, 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 Resolu-
tion as if fully copied herein in detail.
Passed by the City Council this 18th day of June ,1981.
/n f1 A
-ATTEST:
Evelyn Ga ga, City ec a y -Treasurer
APPROVED AS TO CONTENT:
Coo
Marvin Coffee, Dir E or of Aviation
APPROVED AS TO FORM:
0110
ALI
Angela A ams, Asst. City Attorney
BIM-ScALISTER, MAYOR
1ZESOLUT10N #843 - 6/18/81
�g1
AGREEMENT TO TERMINATE MODIFIED FIXED BASE
OPERATOR AGREEMENT AND OFFICE SPACE LEASE - OLD
TERMINAL BUILDING AND ADDENDUM NO. 1 THERETO
WHEREAS, the City of Lubbock and Jack Ridpath d/b/a Ridpath Aviation, a
sole proprietorship, under the laws of the State of Texas, entered into an
agreement entitled "Modified Fixed Base Operator Agreement and Office Space
Lease - Old Terminal Building" on March 2, 1978; and
WHEREAS, Jim Ridpath, the current owner of Ridpath Aviation, executed an
Addendum No. l to said "Modified Fixed Base Operator Agreement and Office
Space Lease - Old Terminal Building" on March 26, 1981; and
WHEREAS, Ridpath Aviation desires to terminate the Agreement of March 2,
1978 and the Addendum No. 1 thereto;
NOW THEREFORE, for and in consideration of the termination of the afore-
mentioned agreement of March 2, 1978 and the Addendum thereto of March 26,
1981, Ridpath Aviation does hereby covenant and agree to pay to the City of
Lubbock Three Thousand Five Hundred and no/100ths ($3,500.00) Dollars. Such
sum shall be paid within thirty days of the execution of this Agreement.
Both parties hereto agree that Ridpath Aviation and the City of Lubbock
are hereby released and absolved of all duties, rights and responsibilities
under the aforementioned Agreement and Addendum thereto.
Executed this 18th day of June 1981.
BILL MCALIST , MAYOR
ATTEST:
E elyn*Gaffga, City S cr Treasurer
APPROVED AS TO CONTENT:
j r
Marvin Coffee, Director of Aviation
APPROVED AS TO FORM:
A gela AWams, Asst. City Attorney
RIDPATH AVIATION
BY:
ATTEST:
Secretary
Jim Ridpath