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HomeMy WebLinkAbout1997-050T \NPDOCS\ORD\NEBRIG ORD ORDINANCE NO. q i -OsU AN THE AMENDED NAIRPORT AUTHORIZING AGREEMENTTBE BETWEEN MANAGER THE TO CITY EXECUTE OFE FIRST DENTON AND TO OF MUNICIPAL AIRPORT AND NCONSTRUCT D LEASE CERTAIN S AND MAINTAINAN OFFICE EHANGARE, MAINTENANCE AND RELATED AVIATION FACILITIES THEREON; AND PROVIDING AN EFFECTIVE DATE. THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION I. That the City Manager is authorized to execute the first amended airport lease agreement between the City Of Denton, Texas and Nebrig & Associates, Inc. to lease certain premises of the Municipal Airport and construct and maintain an office, hangar, maintenance and related aviation facilities thereon, under the terms and conditions contained within this Agreement, which is attached hereto and made a part hereof SECTION II. That this ordinance shall become effective immediately upon its passage and approval. PASSED AND APPROVED this the day of , 1997. 4jM!4j!21L—ER, MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY BY: �+ APPROVED AS TO LEGAL FORM. HERBERT L. PROUTY, CITY ATTORNEY BY: Ai4c�� C FIRST AMENDED AIRPORT LEASE AGREEMENT THE STATE OF TEXAS § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF DENTON § This First Amended Airport Lease Agreement, hereinafte referred to as "Lease" is made and executed this day of a 1997, at Denton, Texas, by and between the City of Dent , nd Municipal Corporation, hereinafter referred to as °L ss n„ ats Nebrig & Associates, Inc., a Texas corporation, g principal offices at 7515 Lemmon Avenue, Dallas, Texas 75209, hereinafer entiretyt referred the Airport toLease as LAgreement Thbetween leaseis repeals parties its September 18, 1996. WITNESSETH: WHEREAS, Lessor and Lessee executed an airport lease agreement on to September a taxiway adjacent 1todParcelsc1,1 2 land indicately 3 location ofddescribed herein; and WHEREAS, Lessor and Lessee desire to execute the First Amended Airport Lease Agreement so that such taxiway may be clearly designated; NOW, THEREFORE, in consideration of the premises and the mutual covenants contained in this Agreement, the parties agree as follows: I. CONDITIONS OF AGREEMENT NOTWITHSTANDING ANY LANGUAGE TO THE CONTRARY HEREINAFTER CONTAINED, THE LANGUAGE IN PARAGRAPHS A THROUGH D OF THIS SECTION SHALL BE BINDING. A. Principles of Operations. The right to conduct aeronauti- cal activities for furnishing services to the public is granted the Lessee subject to Lessee agreeing: 1To furnish said services on a fairr equal and no unjustly discriminatory basis to all users thereof, and To charge fair, reasonable and not unjustly dis- criminatory prices for each unit or service, pro- vided that the Lessee may be allowed to make rea- sonable and nondiscriminatory discounts, rebates, or other similar types of price reductions to volume purchasers. B. Non -Discrimination. The Lessee, for itself, its personal representatives, successors in interest, and assigns, as a part of the consideration hereof, does hereby covenant and agree as a covenant running with the land that. 1. No person on the grounds of race, religion, color, sex, or national origin shall be excluded from participation in, denied the benefits of, or be otherwise subjected to discrimination in the use of said facilities 2. In the construction of any improvements on, over, or under such land and the furnishing of services thereon, no person on the grounds of race, reli- gion, color, sex, or national origin shall be excluded from participation in, denied the benefits of, or otherwise be subjected to discrimination. 3. The Lessee shall use the premises in compliance with all other requirements imposed by or pursuant to Title 49, Code of Federal Regulations, Depart- ment of Transportation, Subtitle A, Office of the Secretary, Part 21, Non-discrimination in Federally Assisted Programs of the Department of Transporta- tion -Effectual of Title VI of the Civil Rights Act of 1964, and as said Regulations may be amended. In the event of breach of any of the above non-discriminatory covenants, and Lessee's failure to cure same within thirty (30) days after receipt of written notice thereof, except this thirty (30) day period shall be extended for a reasonable period of time if the alleged breach is not reasonably capable of cure within such thirty (30) day period and Lessee proceeds to diligently cure such breach, Lessor shall have the right to terminate the Lease and to reenter and repossess said land and the facilities thereon, and hold the same as if said Lease had never been made or issued. This provision does not become effective until the procedures of 49 CFR Part 21 are followed and completed, including expiration of appeal rights. C. Right of Individuals to Maintain Aircraft It is clearly understood by the Lessee that no right or privilege has been granted which would operate to prevent any person, firm, or corporation operating aircraft on the airport from performing any services on its own aircraft with its own regular employees (including, but not limited to, maintenance and repair) that it may choose to perform D. Non -Exclusive Right. It is understood and agreed that nothing herein contained shall be construed to grant or authorize the granting of an exclusive right within the meaning of Section Page 2 1349 of Title 43, U.S.C.A. E. public Areas. 1. Lessor reserves the right to further develop or improve the landing area of the Airport as it sees fit, regardless of the desires or views of the Lessee, and without interference or hindrance, provided such further development or improvement does not prevent Lessee from reasonably utilizing the premises and all appurtenances related thereto as contemplated by the terms of this Lease. to 2. Lessor assigns, efory the es unuse itself, and lbenef t of successors theflying public, a right of flight for the passage of air- craft above the surface of the premises described herein, together with the right to cause in said airspace such noise as may be inherent in the operation of aircraft now known or hereafter used, for navigation of or flight in the said airspace, and for use of said airspace for landing on, taking off from, or operating on the Airport 3. Lessor shall be obligated to maintain and keep in repair the landing area of the Airport and shall have the right to direct and control all activities of Lessee in this regard 4. During time of war or national emergency, Lessor shall have the right to lease the landing area or any part thereof to the United States Government for military or naval use, and, if such lease is executed, the provisions of this instrument insofar as they are inconsistent with the provisions of the lease to the Government, shall be suspended. 5. Lessor reserves the right to take any action it considers necessary to protect the aerial approach- es 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 or adjacent to the Airport which, in the opinion of the Lessor, would limit the useful- ness or safety of the airport or constitute a hazard to aircraft or to aircraft navigation 6. This Lease shall be subordinate to the provisions of any existing or future agreement between Lessor and the United States or agency thereof, relative to the operation or maintenance of the Airport. Page 3 II LEASED PREMISES Lessor, for and in consideration of the covenants and agreements herein contained to be kept by Lessee, does hereby demise and lease unto Lessee, and Lessee does hereby lease and take from Lessor, the following described land situated in Denton County, Texas, as described as follows A. Land i. A tract of land, being approximately 65,688 square feet, or 1.508 acres, as illustrated in Attachment "A", as described by metes and bounds in Attachment "B", and as identified as all Parcel attachments Block and 1 of Attachment "C",such Attachment "D" and "E" described below, are incor- porated herein by reference. (Include Survey) Together with the right of ingress and egress to said property; and the right, in common with others so authorized, of passage upon the Airport property generally, subject to reasonable regulations by the City of Denton, and such t shallextend to and Lessee's employees, passen gs t patrons invitees. For the purposes of this Lease, the term "Premises" shall mean all property located within the metes and bounds described above, including leasehold improvements constructed by the Lessee, and the right to the use (in common with other lessees of the Airport) of all runways and taxiways within the Airport, but not including certain easements or property owned and/or controlled by the Lessor. 2. Lessee shall have the option of extending the terms of this lease to an additional one and one-half (1 1/2) acres of land or 65,340 square feet depicted as Parcel 2 on Attachment "C" (and described by metes and bounds in Attachment "D"), subject to the division of this property into two separate 3/4 acre tracts. The option on the 3/4 acre tract closest to the Airport's runway facilities shall be exercised no later than four (4) years from Septem- ber 30, 1996. If the option on the 3/4 acre tract above is timely exercised, then Lessee shall have an additional option on the remaining 3/4 acre tract, and this option shall be exercised no later Page 4 than eight (8) years from September 30, 1996. 3. After the options have been timely exercised on the two 3/4 acre tracts comprising Parcel 2 in Attach- ment "C", Lessee shall have the option of extending the terms of this lease to an additional 1.335 acres of land depicted as Parcel 3 on Attachment "C" (and described by metes and bounds in Attach- ment "E"), if same is not under a lease and remains unimproved at such time. This last option shall be exercised no later than twelve (12) years from September 30, 1996. 4 The 1.335 acre option tract outlined in Attachment "C" as Parcel 3 may be leased by Lessor to other than Lessee during the above twelve-year period, provided that, and for so long as Lessee stays in lawful possession of the land denoted above in Attachment "C" as Parcel 1 and Parcel 2,if appli- cable, Lessee shall have a right of first refusal on any lease negotiated by Lessor within part or all of the tract of land outlined on Attachment "C" as Parcel 3. In the event the Lessor shall receive an offer to lease all or a portion of the 1.335 acres, Lessor shall deliver such written offer to Lessee. Lessee shall have the right, exercisable within thirty (30) days after receipt of such written notice, to lease the 1 335 acres or portion thereof, if applicable, upon the same terms and conditions as set forth in such written offer. In the event the Lessee fails to deliver to Lessor its acceptance of such terms and conditions within such thirty (30) day period, the Lessor shall be enti- tled to lease the 1 335 acres pursuant to the terms of such written offer. 5. Lessee agrees that if Lessee fails to exercise the option on the 1 335 acres outlined in Parcel 3 of Attachment "C", or fails to utilize its right of first refusal above, then the tenant ultimately leasing such tract from Lessor will be allowed uninterrupted access for ingress and egress of airplanes to the taxiway constructed by Lessee under this Lease without assessment of a pro-rata charge or any charge against such tenant or opera- tors of airplanes utilizing such tenant's property. Lessor agrees that Lessee may deny access to the proposed taxiway Lessee constructs pursuant to this Lease to the tenants, their invitees, and custom- ers, of the property directly across from Lessee's two one and one-half (1 1/2) acre tracts under this Page 5 Lease (Parcels 1 and 2 of Attachment "C"). Howev- er, Lessee shall provide access in the same manner provided to the 1.335 acre tract tenant referenced above if such tenants agree to pay to Lessee an assessment for use of such taxiway in the amount of 50% of the certified costs (as mutually determined by Lessee and Lessor after completion of taxiway improvements and including interest on such costs) of the construction of such taxiway adjacent to such tenants' properties, based on a front footage charge as used in City of Denton Street Paving Projects. If Lessee exercises its option on the 1.335 acres within twelve (12) years of September 30, 1996 or leases same under its right of first refusal, then Lessee may assess the tenant(s) across from the 1.335 acres the applicable front footage charge if such tenant(s) desire access to the taxiway constructed by Lessee 6. The options, on the two 3/4 acre Parcels, compris- ing the 1 and 1/2 acres outlined 1n Attachment "C" as Parcel 2 and on the 1.335 acres, if applicable, outlined in Attachment "C" as Parcel 3, shall be subject to the same terms and conditions contained within this agreement as are applicable to the one and one-half acres outlined in Attachment "C" as Parcel 1, at the time the option(s) is exercised, including, but not limited to• land rental rates as computed on a cents per square foot per year basis; term of lease, consumer price index adjust- ments already implemented, if any; and date of commencement, as if said option were and had been within Parcel 1 of Attachment "C" from the original date of September 30, 1996. B. Improvements Provided By Lessor. 1. Lessor agrees to provide, at Lessor's sole cost and expense, the following public improvements: (a) construction of improvements to Westcourt Road from its intersection with Airport Road to the point in which the Premises shall have access to Westcourt Road; and (b) repair/replacement of entrance gate at Westcourt Road providing access to the Premises via a locked gate; key provided to Lessees; Lessor to provide gate to be open daily from 8.00 a m. to 5:00 p m. Monday through Friday Page 6 2. For the purposes of this Lease, the term "Lessor improvements" shall mean those things on or adja- cent to the Premises belonging to, constructed by, or to be constructed by the Lessor, which enhance or increase, or will enhance or increase, the value or quality of the Premises. Unless otherwise noted herein, all Lessor improvements are and will remain the property of the Lessor. All Lessor improve- ments must be described in detail above, or above referenced and attached to this Lease in an exhibit approved by the Lessor. C Public Improvements Provided by Lessee. Lessee agrees to provide, at Lessee's sole cost and expense, the following public improvements* 1. Utility services including, without limitation, water, gas, electricity, and telephone sufficient to service Lessee's business within the Premises to be constructed from the boundary of Parcel 3 iden- tified in Attachment "C" closest to Westcourt Road to the Premises; and 2. Construction of a taxiway on land owned by Lessor from the Airport taxiway to Parcel 1. In addition, construction of the continuation of that taxiway, as reflected on Attachment C, to Parcels 2 & 3, if options to such Parcels are exercised. The entire taxiway, including continuation, if any, shall be owned and maintained by Lessor The consideration for the construction of these public improvements is the reduction in the rental under this Lease from fifteen cents ($0.15) per square foot to five ($0.05) cents per square foot for the first three (3) years III TERM The term of this Lease shall be a period of thirty (30) years, commencing on September 30, 1996 and ending at midnight on the last day of the 30th year of the term of this Lease, unless earlier terminated under the provisions of the Lease. Lessee shall have the option to extend the term of this Lease for an additional period of ten (10) years upon the same terms and conditions as set forth in this Lease. Should Lessee elect to exercise its option to extend the term of this Lease, Lessee shall give written notice of its intention to Lessor not less than one hundred eighty (180) days before the expiration of the initial term of thirty (30) years the end of the initial ten (10) year extension, Lessee shall have the option to extend the term of this Lease for an additional ten (10) year term upon the same terms and conditions as set forth in Page 7 this Lease. Should Lessee elect to exercise its option to extend the term of this Lease, Lessee shall give written notice of its intent to Lessor not less than one hundred eighty (180) days before the initial ten (10) year extension due to expire. IV. PAYMENTS, RENTALS AND FEES Lessee covenants and agrees to pay to Lessor, as consideration for this Lease, payments, rentals and fees as follows: A. Rent. Lessee shall pay to the Lessor for the use and occupancy of the Premises the sum of five cents ($0 05) per square foot per year for the first three (3) years of the Lease (to compensate Lessee for taxiway to be constructed), for a total of Three Thousand Two Hundred Sixty Seven Dollars ($3,267) per year, to be paid in twelve (12) equal monthly installments in the sum of Two Hundred Seventy-two Dollars and Twenty-five Cents ($272.25) per month in advance, with the first installment being due on or before the first day of the month following September 30, 1996 For years four (4) through thirty (30) of this Lease, the rental will be fifteen cents ($0.15) per square foot per year The rental for years two (2) through thirty (30) of initial Lease and for the two ten (10) year renewal periods will be ad3usted annually based on the consumer price index criteria in Section IV.E. B. Lessor Improvement Rentals. The Lessor improvement rentals or fees are described as follows. None. C. Additional Fees And Rentals. No additional fees will be charged for use of the premises. D. Payment Penalty Adjustments. All payments made hereunder by Lessee shall be made to Lessor at the offices of the Finance Department of the City of Denton, Accounts Receivable, 215 E. McKinney, Denton, Texas 76201, unless Lessee is notified to the contrary in writing by Lessor. All monthly rental payments shall be due and payable on or before the first day of each month and shall be paid by Lessee without demand or notice from Lessor. All rental amounts paid by Lessee after the tenth (10) day of the month will be delinquent and shall include an additional monetary amount (penalty) which shall equal five percent (5%) of the rental amount due Failure of Lessee to pay the five percent (5%) monetary penalty on delinquent rent shall constitute an event of default of this Lease. E. CPI. 1. The yearly rental for land and improvements herein leased shall be readjusted at the end of each year period during the term of this Lease on the basis Page 8 of the proportion that the then current United States Consumer Price Index for all urban consumers (CPI-U) for the Dallas -Fort Worth geographical region, as compiled by the U.S. Department of Labor, Bureau of Labor Statistics bears to the October, 1996, index Each rental adjustment, if any, shall occur on the 13th day of December, beginning 1997, and every year thereafter on such date 2. The adjustments in the yearly rent shall be deter- mined by multiplying the minimum yearly rent as set forth in Section IV.A by a fraction, the numerator of which is the index number for the last month prior to the adjustment, and the denominator of which is the index number for October, 1996. If the product of this multiplication is greater than the minimum yearly rent as set forth in Section IV.A., Lessee shall pay this greater amount as the yearly rent until the time of the next rental adjustment as called for in this section. If the product of this multiplication is less than the minimum yearly rent of as set forth in Section IV.A., there shall be no adjustment in the annual rent at that time, and Lessee shall pay the minimum yearly rent as set forth in Section IV.A., until the time of the next rental adjustment as called for in this section. In no event shall any rental adjustment called for in this section result in an annual rent less than the minimum yearly rent of as set forth in Section IV.A. The adjustmentshall be limited so that the annual rental payment deter- mined for any given year shall not exceed the annual rental payment calculated for the previous year by more than ten percent (10%). 3. If the consumer price index for all urban consumers (CPI-U) for the Dallas -Fort Worth geographical region, as compiled by the U.S. Department of Labor, Bureau of Labor Statistics, is discontinued during the term of this lease, the remaining rental adjustments called for in this section shall be made using the formula set forth above, but sub- stituting the index numbers for the Consumer Price Index -Seasonally Adjusted U.S. City Average For All Items For All Urban Consumers (CPI-U) for the index numbers for the CPI-U applicable to the Dallas -Fort Worth geographical region. If both the CPI-U for the Dallas -Fort Worth geographical region and the U.S. City Average are discontinued during the term of this lease, the remaining rental adjustments Page 9 called for in this section shall be made using the statistics of the Bureau of Labor Statistics of the United States Department of Labor that are most nearly comparable to the CPI-U applicable to the Dallas -Fort Worth geographical region. If the Bureau of Labor Statistics of the United States Department of Labor ceases to exist or ceases to publish statistics concerning the purchasing power of the consumer dollar during the term of this lease, the remaining rental adjustments called for in this section shall be made using the most nearly comparable statistics published by a recognized financial authority selected by Lessor. V. RIGHTS AND OBLIGATIONS OF LESSEE A. Use of Leased Premises. Lessee is granted the non- exclusive privilege to engage in or provide the following: 1. sale of airplanes, including maintenance of air- planes of lessee and its tenants; 2. hangar, with office and maintenance shop; 3. sale of fuel, including Jet A and Av Fuel. (a) Sale of fuel to be provided via skid tanks or fuel trucks and for the express use of Lessee and Lessee's tenants. Fuel purchased by Lessee from a non -Fixed Base operator shall be assessed a fuel fee of five cents ($0.05) per gallon. Sale of fuel from skid tanks and purchase of fuel from wholesaler to be discon- tinued after Lessor's fuel farm is relocated and becomes operational. Lessee may purchase fuel from Lessor's fuel farm under the same terms and conditions mentioned above. (b) Fuel fees shall be paid monthly to Lessor on the 15th day of each month during the term of this Lease. Lessee shall keep and maintain accurate records of. fuel purchases, fuel sales, fuel deliveries, fuel disbursements, and fuel inventories (fuel records) under this agreement for a period of three (3) years from the date the record is made. Such records shall be kept according to generally accepted accounting principles. Lessor, or its duly authorized representatives, shall have the right at all reasonable times during business hours to inspect the books, fuel records, and Page 10 receipts of Lessee, including examination of the general ledger and all other supporting material, for the purpose of verification. (c) Lessee agrees that all fuel fees are due and payable and shall be paid by Lessee without demand or notice in writing from Lessor. Lessee shall provide Lessor a breakdown of the fee payments monthly. All fees paid by Lessee and received by Lessor after more than fifteen (15) days after the due date shall automati- cally accrue and include an additional mone- tary amount (penalty) equal to five percent (5%) of the fuel fee amount due. At any time after any fee becomes due, the Lessor may notify Lessee in writing of the delinquency. Failure to pay fuel fees with accrued penal- ties within seven (7) days of receipt of such notice will constitute a default under the Lease. Fuel fees shall be paid to the same address to which rental fees are payable. (d) Within fifteen (15) days after the end of each month, Lessee shall furnish to Lessor a certi- fied statement of fuel records during the preceding month. If an audit establishes the Lessee has understated fuel sales by five percent (5%) or more, the entire expense of said audit shall be borne by Lessee. Any additional payment due from Lessee shall forthwith be paid to Lessor, with interest thereon at one percent (1%) per month from the date such amount originally became payable to Lessor. Any overpayment by Lessee shall be credited against future payments due to Lessor. (e) Lessee, its tenants and sublessees shall not be authorized to conduct any services not specifically listed in this agreement. The use of the Premises of Lessee, its tenants or sublessees shall be limited to only those private, commercial, retail or industrial activities having to do with or related to airports and aviation In connection with all permitted uses of the Premises provided by the terms of this Lease, Lessor agrees to issue or cause to be issued to Lessee any and all applicable permits or licenses necessary for Lessee to conduct the business operations as contemplated in the terms of this Lease, Page 11 provided Lessee complies with all businesapplicable codes and ordinances. No person, s or corporation may operate a commercial, retail or industrial business upon the premises of Lessee or upon the Airport without a lease or license from Lessor authorizing such commer- cial, retail or industrial activity. B. independent Contractor. During all times that this Lease is in effect, the parties agree that Lessee is and shall be deemed to e an perator agent or employee of d the Lessor with dent trespect or and oto their n acts or n oromissions hereunder. For all the purposes hereunder, Lessee is and shall be deemed an independent contractor and it is mutually agreed that nothing contained herein shall be deemed or construed to constitute a partnership or joint venture between the parties hereto. C. Standards. Lessee shall meet or exceed the following standards: 1. Address. Lessee shall file with the Airport Manag- er, or authorized City representative, hereinafter referred to as "Airport Manager" and keep current its mailing address, telephone number(s) and con- tacts where its authorized official can be reached in an emergency 2 List. Lessee keep shall ort current ai list of s tenants file with the pand sublesr and sees. 3. Conduct. Lessee shall contractually require its employers and sublessees (and sublessee's invitees) to abide by the terms of this Lease. Lessee shall promptly enforce its contractual rights in the event of a default of such covenants. q. Utilities Taxes and Fees Lessee shall meet all expenses and payments in connection with the use and occupancy of the Premises and the rights and privileges herein granted, including the timely payments of utilities, taxes, permit fees, license fees and assessments lawfully levied or assessed Lessee herein agrees to pay to all lawful taxing authorities an ad valorem property tax on all improvements constructed by the Lessee on the Premises, and to comply with all tax laws pertain- ing to the Premises, including those promulgated in the future. Lessee may initiate or prosecute any proceedings permitted by law for obtaining an abatement, reduction or withdrawal, or otherwise Page 12 contesting the validity or amount, or any taxes for which Lessee is alleged to be responsible. Lessee shall indemnify and save Lessor from and against all loss, cost, damage and expense as a result of any such proceeding. 5. Rules Regulations and Restrictions. Lessee shall comply with all federal, state and local laws and rules and regulations which may apply to the con- duct of business contemplated, including rules, regulations and ordinances promulgated by Lessor, and Lessee shall keep in effect and post in a prominent place all necessary and required licenses or permits. Lessee's use of the Premises shall at all times be in compliance with and subject to any covenants, restrictions, and conditions of record pertaining to the use and occupancy of the Premises and shall at all times comply with the laws, codes, ordinanc- es, rules, and regulations, either thisting or City of those promulgated in the future, by Y Denton, the County of Denton, the State of Texas, the United States of America, and the Federal Aviation Administration, or their successors Lessee shall not operate or permit the operation of any transmitter devices, electrical signal produc- ers, or machinery on the Premises which could interfere with the electronic aircraft navigation aids or devices located on or off Airport property. Lessee shall not be permitted to engage in any business or operation on the Premises which would produce obstructions to the visibility or violate height restrictions as set forth by the Federal Aviation Administration and/or the City of Denton 6. Height Restriction And Airspace Protection The Lessee agrees for itself, and its successors and assigns, to restrict the height of structures, objects of natural growth and other obstructions on the Premises to a height as established in City of Denton ordinance s1-1, as the same may be amended from time to time. The Lessee also agrees for itself, and its successors and assigns, to prevent any use of the Premises which would interfere with landing or taking off of aircraft at the Denton Municipal Airport, or otherwise constitute an airport hazard Lessee hereby forfeits all claims to aviation rights over the Premises 7. Maintenance. Lessee shall be responsible for all Page 13 maintenance and repair of the premises, including buildings, structures, grounds, pavements, utilities. Lessee shall be responsible for grass cutting, collection and removal of trash and for such other maintenance requirements as may arise Lessee agrees to keep the Premises, together with all improvements, in a safe, clean and attractive condition at all times Lessee shall not change the original color or texture of the exterior walls of any structure or improvements without nothbewritte consent from Lessor, unrea- sonably withheld or delayed. (a) Painting of Buildings. During the original term of this Lease and during each extension, Lessor shall have the right to require, not more than once every five years, that the metal exterior of hangar(s) or building(s) located on the premises be reviewed by the Airport Advisory Board for the purpose determining whether painting of the exteriors of such buildings or hangars is necessary. If the Airport Advisory Board determines painting is necessary, it shall furnish a recommenda- tion to this effect to the City Council. The Council, may, upon the Board's recommendation, require Lessee to repaint said exteriors according to Lessor's specifications (to specify color of paint, quality of workmanship and the year and month in which the hangar(s) or building(s) are to be painted, if needed) Lessee shall complete the painting in accor- dance with such specifications within six (6) months of receipt of notice from Lessor. Lessee agrees to pay all costs and expense involved in the hangar or building painting process. Failure of Lessee to complete the painting required by Lessor's City Council within the six (6) month period shall consti- tute Lessee's default under this Lease. (b) storage. Lessee herein agrees not to utilize or permit others to utilize areas on the Premises which are located on the outside of the hangar(s) and/or building(s) for the storage of wrecked or permanently disabled aircraft, aircraft parts, automobiles, vehi- cles of any type, or any other equipment or items which would distract from the appearance of the Premises. Page 14 8. Unauthorized Use of Premises. Lessee may not use any portion of the Premises for the operation of a motel, hotel, restaurant, private club or bar, apartment house, or for industrial, commercial or retail purposes, except as authorized herein. 9. Dwellinas It is expressly understood and agreed that no permanent dwelling or domicile may be built, moved to or established on or within the Premises nor may Lessee, its tenants, invitees, or guests be permitted to reside or remain as a resi- dent on or within the Premises or other airport premises. 10. ouit Possession. Lessee shall quit possession of the Premises at the end of the primary term of this Lease or any renewal or extension thereof, and deliver up the Premises to Lessor in as good condi- tion as existed when possession was taken by Les- see, reasonable wear and tear excepted 11. Chemicals. Lessee agrees to store properly, col- lect and dispose of all chemicals and chemical residues; to store properly, confine, collect and dispose of all paint, including paint spray in the atmosphere, and paint products; and to comply with all local, state and federal laws and regulations governing the storage, handling or disposal of such chemicals and paints. Lessee further agrees that at no time during the term of this Lease shall any material, fluids, solids or gaseous substances (except aircraft fuel utilized by the Lessee as provided herein) be utilized, stored, disposed of or transported on the Premises which are considered by the Environmental Protection Agency to be a hazard to the health of the general public and that no activity shall be permitted on the Premises that would produce noxious odors 12. Signs, During the term of this Lease, Lessee shall have the right, at its own expense, to place in or on the Premises signs identifying Lessee Said signs shall be of a size, shape and design, and at a location or locations, reasonably approved by the Lessor and in conformance with any overall direc- tional graphics or sign program established by Lessor on the Airport Lessor's approval shall not be unreasonably withheld. Said signs shall be maintained in good repair throughout the term of this Lease. Notwithstanding any other provision of this Lease, said signs shall remain the property of Page 15 nse, all Lessee. Lessee shall remove, asoits xpe on the lettering, signs and placards premises at the expiration of the term of this Lease or extensions thereof. D. Should Lessee violate any law, rule, restriction or regulation of the City of Denton or the Federal Aviation Adminis- tratio, or ermit or agentsnto engage in activities which could the Lessee. enae in or pprod cethazardsher sorsob- structions to air navigation, obstructions to visibility or inter- ference with any aircraft navigational aid station or device, either airborne or on the ground, then Lessor shall state such vio- lation in writing and deliver written notice to Lessee or Lessee's agent on the Premises, or to the person(s) on the Premises who are causing said violation(s), and upon delivery of such written notice, Lessor shall have the right to demand that the person(s) responsible for the violation(s) cease and desist from all such activity creating the violation(s). In such event, Lessor shall have the right to demand that corrective action, as required, be commenced immediately to restore the Premises into conformance with the particular law, rule or aeronautical regulation being violated. Should Lessee, Lessee's agent, or the person(s) responsible for the violation(s) fail to cease and desist from said violation(s) and to immediately commence correcting the violation(s), and to complete said corrections within twenty-four (24) hours following written notification, then Lessor shall have the right i hteto enter on to shall not the Premises and correct the violation (a), on responsible for any damages incurred to any improvements Lessor the Premises as a result of the corrective action process. shall submit an invoice to Lessee for the cost of the repairs and days. Lessee shall pay said invoice within thirty (30) VI. COVENANTS BY LESSOR Lessor hereby agrees as follows: A. Peacefu� me tn�. That on payment of rent, fees, and performance of the covenants and agreements on the part of Lessee to be performed hereunder, Lessee shall peaceably hold and enjoy the Premises and all rights and privileges herein granted. B. Compliance. Lessor warrants and represents that in the establishment, construction and operation of the Airport, that Les- sor has heretofore and at this time is complying with the existing rules, regulations, and criteria distributed by Federal Aviation Administration, or any other governmental authority relating to and including, but not limited to, noise abatement, air rights and easements over adjoining and contiguous areas, over- flight in landing or takeoff, to the end that Lessee will not be legally liable for any action of trespass or similar cause of action by virtue of any aerial operations over adjoining property in the course of normal takeoff and landing procedures from the Page 16 Airport. Lessor further warrants and represents that at all times during the term hereof, or any renewal or extension of same, that It will continue to comply with the foregoing. VII. SPECIAL CONDITIONS It is expressly understood and agreed by and between Lessor and Lessee that this Lease is subject to the following special terms and conditions: A. Runways and Taxiways. That because of the present 60,000 pound continuous use weight bearing capacity of the runway and taxiways of the Airport, Lessee herein agrees to limit all aeronautical activity including landing, takeoff and taxiing, to aircraft having an actual weight, including the weight of its fuel, of 60,009 pounds or less, until such time that the runway and designated taxiways on the Airport have been improved to handle aircraft of such excessive weights It is further agreed that, basedon qualified ions of this engineering maygbe adjusted, eup or down, weight restrictions and provisions that the Lessee agrees to abide by any such changes or revisions as such studies may dictate. "Aeronautical Activity" referred to in this clause shall include that activity of the Lessee or its agents or subcontractors, and its customers and invitees, but shall not include those activities over which it has no soliciting p art control, such as an unsolicited or unscheduled or emergency landing. A pattern of negligent disregard of the provisions of this section shall be sufficient to cause the immediate termination of this entire agreement and subject Lessee to liability for any damages to the Airport that might result. VIII. LEASEHOLD IMPROVEMENTS A. Required Improvements. As part of the consideration for the privilege herein granted, Lessee is required to and hereby agrees to construct or otherwise make improvements to the premises, as specified herein, but not limited to, the following. The construction of an office and hangar facility for storage and maintenance of aircraft. Lessee shall provide Lessor with tentative plans for the development of the entire Premises together with a proposed timetable or schedule for said development. Plans. Lessee agrees that it shall, within one hundred eighty (180) calendar days from September 30, 1996, submit to Lessor for approval detailed plans and specifications for the above -listed initial proposed leasehold improvements. Lessor agrees that it shall either approve the plans and Page 17 specifications as submitted, or transmit proposed revisions to Lessee within forty-five (45) calendar days of receipt of the plans and specifications from Lessee. In the event that Lessor requires revisions of the original plans and specifications, Lessee shall have forty-five (45) calendar days from the date of receipt of the proposed revisions Les - to resubmit the plans and specifications for Les- sor's approval. Lessee shall commence construction within forty-five (45) calendar days of Lessee's receipt of Lessor's final approval of the plans and specifications, hereinafter referred to as "Ap- proval Date") and the improvements shall be sched- uled for completion not later than two hundred seventy (270) days after commencement of construc- tion. 2. Additional Requirements. Before commencing the construction of any improvements upon the Premises, Lessee shall submit' (a) Documentation, specifications, or design work, to be approved by the Lessor, which shall establish that the improvements to be built or constructed upon the Premises are in conformance with the overall size, shape, color, quality and design, in appearance and structure, of the program estab- lished by the Lessor's Master Plan for the Airport. The Master Plan shall be approved by the Lessor and copies shall be on file at the Office of the Air- port Manager and the City Secretary. (b) All information required by the City of Denton Subdivision and Land Development Regulations an outline of such requirements is on file in the Planning Department of Lessor. (c) The estimated cost of such construction No construction may commence until Lessor has approved the plans and specifications and the location of the improvements, the estimated costs of such construction, and the agreed estimated life of the building or structure. Approval by the Lessor shall not be unreasonably withheld. Should the Lessor fail to deny Lessee's plans and specifications within sixty days of submission thereof to the Lessor, such plans and specifications shall be deemed approved. B. Additional Construction or Improvements. Lessee is hereby authorized to construct upon the land herein leased, at its own cost and expense, buildings, hangars, and structures, that Lessor and Lessee mutually agree are necessary for use in connection with Page 18 the operations authorized by this Lease, provided however, before commencing the construction of any improvements upon the premises, Lessee shall submit plans and specifications as specified in Article VIII, Paragraph 2 (Additional Requirements). C. Ownership of Improvements All buildings and improvements constructed upon the Premises by Lessee shall remain the property of Lessee, unless said property becomes the property of Lessor under the following conditions, terms, and provisions 1. Removal of Hangars and/or Buildings In the event that Lessee should elect to terminate this Lease pursuant to Article XV and remove the building or hangar from the Premises, then in such event, Lessee herein agrees to comply with the following terms and conditions during the hangar or building removal process (a) Prior to commencing the hangar or building removal process, the Lessee and Lessor shall agree on the best method to remove the build- ing, including where to cut water lines, electrical wire, plumbing and other fixtures or utilities, so as to cut said fixtures to allow the future use of these fixtures (b) The building shall be removed completely from the surface of the concrete slab and up, with the exception of cut utility lines. All interior fixtures shall be removed including sinks, commodes, dividing walls and all other items or fixtures that would prevent the concrete slab from being as free as possible from all obstructions. (c) Removal of hangars or buildings shall be completed prior to Lessee's designated termi- nation date. (d) The hangar or building slab, the aircraft parking apron, the taxiway, and all the im- provements on the Premises shall remain on the Premises and shall become the property of the Lessor without costs to Lessor (e) Lessee shall be responsible for the removal of all refuse and debris from the Premises prior to vacating the Premises. (f) Lessee shall be responsible for all costs involved in the removal of the hangar or Page 19 building, including costs of permits or fees. (g) Lessee shall be responsible for any damage caused to any improvements on the Premises during the building or hangar removal process, and Lessee herein agrees to repair or replace, at Lessee's expense, any improvement(s) dam- aged by Lessee during the removal of said structures. 2 Assumption. All buildings and improvements of whatever nature remaining upon the Premises at the end of the primary term, or any extension thereof, of this Lease shall automatically become the prop- erty of Lessor absolutely in fee without any cost to Lessor. 3. Building Life. It is agreed that the life of any building to be constructed by Lessee on the Premis- es is twenty-five (25) years IX. SUBROGATION OF MORTGAGEE Lessee shall have the right to place a first mortgage lien upon its leasehold in an amount not to exceed eighty-five percent (85%) of the cost of the capital improvements Lender's duties and rights are as follows 1. The Lender shall have the right, in case of de- fault, to assume the rights and obligations of Lessee herein and become a substituted Lessee, with the further right to assign the Lessee's interest to a third party, subject to approval of the Les- sor, such approval to not be unreasonably withheld or delayed. Lender's obligations under this Lease as substituted Lessee shall cease upon assignment to a third party and approval by the Lessor. 2. As a condition precedent to the exercise of the right granted to Lender by this paragraph, Lender shall notify the Lessor of all action taken by it in the event payments on such loans shall become delinquent. Lender shall also notify the Lessor, in writing, of any change in the identity or ad- dress of the Lender 3. All notices of default, as well as all notices required by Article XIV herein (Cancellation by Lessor) to be given by the Lessor to Lessee shall also be given by the Lessor to Lender at the same Page 20 4. time and in the same manner, provided the Lessor has been furnished with written notice of Lender's interest and its address. Such notice shall be given to the City Secretary and the Airport Manag- er. Upon receipt of such notice, Lender shall have the same rights as Lessee to correct any default. X. RIGHT OF EASEMENT Lessor shall have the right to establish easements, at no cost to Lessee, upon the leased ground space for the purpose of pro- viding utility services to, from or across the Airport or for the construction of public facilities on the Airport However, any such easements shall not interfere with Lessee's use of the Pre- mises and Lessor shall restore the property to its original con- dition upon the installation of any utility services on, in, over or under any such easement at the conclusion of such construction. Lessee shall not have the right to levy fees or charges for any exercised right of easement by Lessor or Lessor's authorized agent. XI. SUBLETTING AND ASSIGNMENT OF LEASE A. The Lessee may rent or sublease the Premises for the storage of individual aircraft without prior written consent of the Lessor, but Lessee shall not rent or sublease all or any part of the Premises or the improvements located thereon for any other purpose without the prior written consent of the Lessor, such consent to not be unreasonably withheld or delayed. Any tenant or sublessee shall be subject to the same conditions, obligations and terms a set forth herein. Lessee shall be responsible for the observance by its tenants and sublessees of the terms and covenants of this Lease. It is the intention of the City that the subleases not be misused as a method to avoid compliance with the minimum standards herein. In the event that the Lessor determines that a sublease is operating an aviation -related business without complying with the minimum standards applicable thereto, the sublease may be terminat- ed in the same manner as provided by Article XIV herein for leases. B. Lessee expressly covenants that it will not assign this Lease, convey more than forty-nine percent (49%) of the interest in its business, deemed herein to mean the controlling interest in its business, through the sale of stock or otherwise, nor sublet, assign, transfer, nor license the whole or any part of the said Premises for any purpose, except for rental of hangar space or tie - down space, without the written consent of the Lessor Lessor Page 21 agrees that it will not unreasonably withhold its approval of the sale or sublease of the facilities for airport related purposes. The provisions of this Lease shall remain binding upon the assignees, if any, or Lessee XII. INSURANCE A. Lessee shall maintain continuously in effect at all times during the term of this Lease or any extension thereof, at Lessee's expense, the following insurance coverages: 1. Comprehensive General Liability Insurance covering the Premises, the Lessee, its personnel and its operations on the Airport 2. Aircraft Liability to cover all flight operations of Lessee. 3. Fire and extended coverage for replacement value for all facilities used by the Lessee either as a part of this Lease or erected by the Lessee subse- quent to September 30, 1996 4. Liability insurance limits shall be in the follow- ing minimum amounts. Bodily Injury and Property Damage• $1,0o0,000 combined single limits on a per occur- rence basis 5. All policies shall name the Lessor as an additional named insured and provide for a minimum of thirty (30) days written notice to the City prior to the effective date of any cancellation or lapse of such policies. 6. All policies must be approved by the Lessor. 7. The Lessor shall be provided with a copy of all such policies. B. During the original or extended term of this Lease, Lessor herein reserves the right to adjust or increase the liability insurance amounts required of the Lessee, and to require any additional rider, provisions, or certificates of insurance, and Lessee hereby agrees to provide any such insurance requirements as may be required by Lessor; provided however, that any requirements shall be commensurate with insurance requirements at other public use airports similar to the Airport in size and in scope of aviation activities, located in the Southwestern region of the Page 22 United States. For the purpose of this Lease, the Southwestern region of the United States shall be the states classified as the Southwestern region by the Federal Aviation Administration. C. Lessee herein agrees to comply with all increased or adjusted insurance requirements that may be required by the Lessor throughout the original or extended term of this Lease, including types of insurance and monetary amounts or limits of insurance, and to comply with said insurance requirements within sixty (60) days following receipt of a notice in writing from Lessor stating the increased or adjusted insurance requirements Lessee shall have maintainthe right to types insurance which exc exceed Lessor's minimum insurance requirements. D. In the event that state law should be amended to require types of insurance and/or insurance amounts which exceed those of like or similar public use airports in the Southwestern region of the United States or America, then in such event, Lessor shall have the right to require that Lessee maintain in force types of insurance and/or amount of insurance as specified by State Law XIII. INDEMNITY A. Lessee agrees to indemnify and hold harmless Lessor and its agents, employees, and representatives demands, and/ ai s tiall liability for any and all claims, glient acts or omissions arisinfrom the part f on intentional its aaq agents, representatives, employees, members, patrons, visitors, contractors and subaontrac- torsor result from�Lessee's occupancy Orif any, and/or use e�of the Prmiseswhich may eand/or out factivities conducted in connection with or incidental to this Lease. B. This Indemnity Provision extends to any and all such claims, suits, demands, and/or actions regardless of the type of relief sought thereby, and whether such relief is in the form of damages, judgments, and costs and reasonable attorney's fees and expenses, or any other legal or equitable form of remedy. This Indemnity Provision shall apply regardless of the nature of the injury or harm alleged, whether for injury or death to persons or damage to property, and whether such claims be alleged at common law, or statutory or constitutional whetherims, or the basis for the claims Indemnity Provision shall apply h ther suit, demand, and/or action may be attributable in whole or in part to the Lessee, or to any of its agents, representatives, employees, members, patrons, visitors, contractors, and subcontly tractors, actor , if any, and/or sublessees, anyone ly employed by any of them - or C. Furtheroreany ddasmagging °eventsnswhicht are or liability directly for harm, injury, Y Page 23 indirectly attributable to premise defects or conditions which may now exist or which may hereafter arise upon the Premises, any and all such defects being expressly waived by Lessee. Lessee understands and agrees that this Indemnity Provision shall apply to any and all claims, suits, demands, and/or actions based upon or arising from any such claim asserted by or on behalf of Lessee or any of its members, patrons, visitors, agents, employees, contrac- tors and subcontractors, if any, and/or sublessees. D. It is expressly understood and agreed that the Lessor shall not be liable or responsible for the negligence of Lessee and/or sublessees, its agents, servants, employees and customers. Lessee further agrees that it shall at all times exercise reason- able precautions for the safety of, and shall be solely responsible for the safety of its agents, representatives, employees, members, patrons, visitors, contractors and subcontractors, if any, and/or sublessees, and other persons, aswellas for the protection of supplies and equipment and the property of Losses or other s. E. Lessor and Lessee each agree to give the other party prompt and timely notice of any such claim made or suit instituted which in any way, directly or indirectly, contingently or other- wise, affects or might affect the Lessee or the Lessor. Lessee further agrees that this Indemnity Provision shall be considered as an additional remedy to Lessor and not an exclusive remedy. XIV. CANCELLATION BY LESSOR All the terms, restrictions, covenants and conditions of record to d occupancy of the Premises are conditions of this ee Leasea dfailure of the Lessee to omply with any of the terms, conditions, restrictions, covenants and condi- tions of record shall be considered a default of this Lease, and upon default, the Lessor shall have the right to invoke any one or all of the following remedies A. Should Lessee fail to pay the monthly rental amounts and/or fees prescribed in Article IV hereof, such failure shall constitute a default of this Lease, and Lessor may give written notice to Lessee of Lessee's failure to pay and demand payment in accordance with the Lease terms. Should Lessee fail to pay the monthly rental amount within twenty (20) days following receipt of written notice from Lessor, then Lessor may terminate this Lease. B. In the event that Lessee fails to comply with any other terms, conditions, restrictions and covenants pertaining to this Lease Agreement then in such event, Lessor shall give Lessee notice of said breach, and request Lessee to cure or correct the same. Should Lessee fail to correct said violation(s) or breach within thirty (30) days following receipt of said notice, except that this thirty (30) day period shall be extended for a reasonable period of Page 24 time if the alleged default is not reasonably capable of cure within said thirty (30) day period and Lessee proceeds to diligent- ly cure the default, then Lessor shall have the right to terminate this Lease. C. In addition to termination of this Lease for the breach of terms and conditions herein, the Lessor shall have the right to terminate this Lease for the following reason(s): 1. The Lease has reached the termination date of the original thirty (30) year term or any extended term thereof. 2. In the event that Lessee shall file a voluntary petition in bankruptcy or proceedings in bankruptcy shall be instituted against Lessee and Lessee thereafter is adjudicated bankrupt pursuant to such proceedings, or any court shall take jurisdiction of Lessee and its assets pursuant to proceedings brought under the provisions of any federal reorga- nization act; or if a receiver shall take juris- diction of Lessee and its assets pursuant to pro- ceedings brought under the provisions of any feder- al reorganization act; or if a receiver for Les- see's assets is appointed. 3 In the event that Lessee should make an assignment of this Lease, for any reason, without the approval of and written consent from Lessor. Upon termination or cancellation of this Lease and provided all monies due Lessor have been paid, Leese allhave the right to remove its personal property, P suchremovalimprovements. oesnot structure cause damage to any part of the hangar, D. The Lessor shall have a lien as security for the rent aforesaid upon all goods, wares, chattels, implements, fixtures, furniture, tools, and other personal property which are or may be put or caused to be put on the premises by Lessee E. Upon termination of this Lease, Lessee shall remove all personal property from the Premises within thirty (30) days after said termination. If Lessee fails to remove its personal property as agreed, City may elect to retain possession of such property or may sell the same and keep the proceeds, or may have such property removed at the expense of Lessee. F. If Lessor has exercised its option to take title to fixed improvements as provided, Lessee shall repair, at its own expense, any damage resulting from said removal of personal property and shall leave the leased premises in a neat and clean condition with Page 25 all other improvements in place. G. Failure of City to declare this Lease terminated upon the default of Lessee for any of the reasons set out shall not operate to bar, destroy or waive the right of City to cancel this Lease by reason of any subsequent violation of the terms hereof The acceptance of rentals and fees by City for any period or periods after a default of any of the terms, covenants, and conditions herein contained to be performed, kept and observed by Lessee shall not be deemed a waiver of any rights on the part of the City to cancel this Agreement for failure by Lessee to so perform, keep or observe any of the terms, covenants and conditions hereof to be performed, kept and observed. XV. CANCELLATION BY LESSEE Lessee may cancel this Lease, in whole or part, and terminate all or any of its obligations hereunder at any time, by thirty (30) days written notice, upon or after the happening of any one of the following events: (1) issuance by any court of preventing or restraining the use of said airport or any part thereof for airport purposes; (2) the breach by Lessor of any of the covenants or agreements contained herein and the failure of Lessor to remedy such breach for a period of ninety (90) days after receipt of a written notice of the existence of such breach; (3) the inability of Lessee to use said premises and facilities continuing for a longer period than ninety (90) days due to any law or any order, rule or regulation of any appropriate governmental authority having jurisdiction over the operations of Lessor or due to war, earth- quake or other casualty; or (4) the assumption or recapture by the United States Government or any authorized agency thereof the maintenance and operation of said airport and facilities or any substantial part or parts thereof. Upon the happening of any of the four events listed in the preceding paragraph, such that the Premises cannot be used for aviation purposes, then Lessee may cancel this Lease as aforesaid, or may elect to continue this Lease under its terms except however that the use of the Premises shall not be limited to aviation purposes, their use being only limited by such laws and ordinances as may be applicable at that time. XVI. MISCELLANEOUS PROVISIONS A. Entire Agreement This Lease constitutes the entire understanding between the parties and as of its effective date supersedes all prior or independent agreements between the parties covering the subject matter hereof. Any change or modification hereof shall be in writing signed by both parties. B. Lease Binding on Successors and Assigns. All covenants, Page 26 agreements, provisions and conditions of this Lease shall be binding upon and inure to the benefit of the respective parties hereto, that is both Lessor and Lessee jointly and severally, and their legal representatives, successors or assigns, and/or any grantee or assignees of the Lessor and Lessee. No modification of this Lease shall be binding upon either party unless written and signed by both parties. C. Effect of Condemnation If the whole or any part of the Premises shall be condemned or taken by eminent domain proceedings by any city, county, state, federal or other authority for any purpose, then the term of this Lease shall cease on the part so taken from the day the possession of that part shall be required for any purpose and the rent shall be paid up to that day, and from that day, Lessee shall have the right to continue in the possession of the remainder of the premises under the terms herein provided, except that the rent shall be adjusted to such amount as the parties hereto shall negotiate; but, under no circumstances shall the rent be greater than the rental per square foot provided for herein. All damages awarded for such taking of and for any public purpose shall belong to and be the property of Lessor. All damages awarded for such taking structures, improvements or businesses that were constructed by Lessee shall be reflective of their value for the remainder of the Lease term and be awarded to Lessee, the remaining to be awarded to Lessor. D. Severability. If an provision hereof shall be finally declared void or illegal by any court or administrative agency having jurisdiction, the entire Lease shall not be void; but the remaining provisions shall continue in effect as nearly as possible in accordance with the original intent of the parties E. Notice. Any notice given by one party to the other in connection with this Lease shall be in writing and shall be sent by registered mail, return receipt requested, with postage and registration fees prepaid: 1. If to Lessor, addressed to: City Manager City of Denton 215 E. McKinney Denton, Texas 76201 2. If to Lessee, addressed to. Nebrig & Associates, Inc Attn: Mike Nebrig 7515 Lemmon Avenue Dallas, TX 75209 Page 27 Notices shall be deemed to have been received on the date of receipt as shown on the return receipt. F. Headings The headings used in this Lease are intended for convenience of reference only and do not define or limit the scope or meaning of any provision of this Agreement G. Governing Law, This Lease is to be construed in accor- dance with the laws of the State of Texas. H. Parkina. Lessor reserves the right to restrict and designate parking areas for all surface vehicles on all areas of the Airport, except the Premises. I. Attornev's Fees. In any action brought by Lessor in which a judgment is awarded in favor of Lessor for the enforcement of the obligations of the Lessee, Lessor shall be entitled to recover all costs from Lessee, including attorney's fees, involved in the enforcement of this Lease. A reciprocal agreement will be enforced on behalf of the Lessee J. Title Commitment and Survev Within fifteen (15) days after the Effective date, Lessee may procure a TLTA form current leasehold title commitment (the "Title Commitment") from a title insurance company reasonably acceptable to Lessee (the "Title Company") for the issuance of a leasehold policy of title insurance ("Title Policy") to Lessee from the Title Company, together with good legible copies of all permitted exceptions (the "Underlying Documents") and, a survey of the premises (the "Survey"). K. Contingencies. (Rescinded by this First Amended Airport Lease Agreement.) L. Term. The effective date of this Agreement is September 30, 1996. IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above written. CITY OF DENTON, LESSOR BY: TED BENAVIDES, CITY MANAGER Page 28 BY. APPJQ'�ED ASOTO LEGAL FORM' HERBERT L. PROUTY, CITY ATTORNEY BY: �vL�-' X C{'P NEBRIG & ASSOCIATES, INC., LESSEE 01 BY: 7 /z_ TITLE • K'k'__S I bL a i ATTEST: SECRETARY G THE STATE OF TEXAS § COUNTY OF DENTON § On this /8th day of ��e�n��/J[�i , 19g7, before me, the undersigned Notary Public, persona}�ly appeared Ted Benavides, personally known to me to be the person and officer who executed the within instrument as City Manager of the City of Denton, Texas, on behalf of the Municipal Corporation therein named and acknowl- edged to me that the corporation executed it. WITNESS my hand and official seal. e0TAVPUBLI STATE OF TEXAS My Commission expires. THE STATE OF TEXAS § 1 00 ELIZABETH J WILLIAMS MY COMMISSION EXPIRES May 16,1897 Page 29 COUNTY OF DENTON § BEFORE ME, the undersigned authority, in and for said County, 24&- Texas, on this day personally appeared MiKt ��K ��Al1 i known to me to be the person and officer whose name is subscr bed to the foregoing instrument and acknowledged to me that the same was the act of the said Mebria & Associates inc., a corporation of the State of Texas, and that he executed the same as the act of said corporation for the purposes and consideration therein expressed, and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this the day of 19R%. My Commission expires: /o - 9 =vMy F RICHA]24-99 , State of Expires 1 NOPRY PUBLIC, STA E OF TEXAS Page 30