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2010-148 ORDINANCE NO. 2010-148 AN ORDINANCE APPROVING AN ASSIGNMENT OF A LEASEHOLD INTEREST IN AN AIRPORT LEASE AGREEMENT AT DENTON MUNICIPAL AIRPORT FROM MICHAEL MOORE, TO TONY A. RILEY LOCATED AT 4710 LOCKHEED, DENTON, TEXAS AT THE DENTON MUNICIPAL AIRPORT AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Michael Moore has requested that his Airport Lease Agreement at 4710 Lockheed dated August 27, 2001 be assigned to Tony A. Riley; and WHEREAS, the Airport Board has approved the Assignment and Lease Amendment; and WHEREAS, the City Council deems it in the public interest to approve this Assignment; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION 1. The City Manager, or his designee is hereby authorized to execute an Assignment of a leasehold interest in an Airport Lease Agreement at the Denton Municipal Airport from Michael Moore to Tony A. Riley, attached as Exhibit A and made a part of this Ordinance for all purposes, to evidence the City's consent to the Assignment. SECTION 2. This Ordinance shall become effective immediately upon its passage and approval. PASSED AND APPROVED this the ~ day of 52010. ~I _MARK A. RR HS, MAYOR 4 ~ '~ÁTTEST: JENNIFER WALTERS, CITY SECRETARY BY: ~ APPROVED AS TO LEGAL FORM: ANITA BURGESS, CITY ATTORNEY . , BY: ~ . ~ LEASE ASSIGNMENT OF COM3KRCIAL OPERATORS LEASE AT DENTON MUNICIPAL AIRPORT DATE: ASSIGNOR: Michael Moore ASSIGNEE: Tony A. Riley LEASE: Date: August 27, 2001 Landlord: City of Denton, Texas Tenant: Michael Moore Premises: All that certain lot, tract, or parcel of land situated ín the WILLIAMS NEIL SURVEY, ABSTRACT NUIVIBER 970 in the City of Denton, Denton County, Texas, and being a part of Lot 1, Block 1 of the Sōutheast Airport Addition, an Addition to the City of Denton, Denton County, Texas, as recorded in Cabinet G. Page 295 of the Plat Records of Denton County, Texas, the subj ect tract being more particularly described in ATTACHVEENTS A and B. Assignor assigns to Assignee Tenant's interest in the lease. A. Assignee Agrees To: 1. Assume Tenant's Obligations under the Lease. 2. Accept the premises in their present "as is" condition. 3. Complete all obligations of purchase from Assignor prior to this Assignment becoming effective. Landlord consents to the Assignment. Landlord agrees to notify Assignor within 30 days of any Assignee default. B. Assignōr agrees as a condition of Landlord's consent to this Assignment that: 1. Assignor will remain liable on the Lease should Assignee default - on the lease. . 2. Assignor will pay or will have the Assignee pay the Landlord a five hundred dollar ($500.00) transfer fee. 3. Assignor will pay or will have the Assignee pay all the Landlord's administrative costs of handling and processing this Assignment, including without limitation, all Landlord's reasonable attorney fees and Landlord's staff time associated with this Assignment. PREVIOUS ASSIGNMENTS: None :i .a , . Page 2 of 3 For Mic el oore, Assignor cha .Moo i.e F r Tony A. Riley, As , Tony Riley r ~ T ~ - , . _ .y i, . City of Denton, dlo George C. Campbell, (fty Mana.ger Attest: Jennifer Walters, City Secretary By: - - Approved as to Legal Form: Anita Burgess, City Attorne By: STATE OF TEXAS COIJNTY OF DENTON This instrument was acknowledg 3 ed before me on the (1 da L1,1~, ~20 by Michael Moore, airportlessee. [Seal] NotaiPublic, State o exas ` 2Q~j,11Y P~~, SUE BRIDGES j:..~- f~Y CO ~ I Í ~I MMISSION EXPIRES CO ission Expires ! Juty 10, 2013 (or Notary Stamp) ~ ~ Z ` Page 3 of 3 STATE OF TEXAS COUNTY OF DENTON 1 --Al This instrument was aclrnowledged before me on the day of 20-LLby Tony A. Riley. . - , [SEAL] : ~t~ • _ SUE BRIDGES * MY C4MM~SS~ON EXPIRES otary Public, State of Texas Ju 10,2013 ty ission Expires (or Notary Stamp) STATE OF TEXAS COIJNTY OF DENTON This instrument was acknowled ged before me on the lJ~ day of , 20_/0, by George C. Campbell on behalf of the City of Denton, Texas, a unicipal corporation. JANE E. RICHARDSON [SE pYPpe,~ ' . ~ l.C. _ Notary Public, State of Texas ~My Commission Expires tary public, State of Texas ';Ni,~ •.l, ,"~r:~ . June 27, 2013 My Commission Expires (or Notary Stamp) P a a Concrete Monument North ATTACHMENT A West Coŕner Lot 1, Block 1 Southeost -Airport Addition (P Cobinet G, Poge 295 >o u' rn, • . ~ ~ a~. 150' 7AXIWAY DRAiNAGE & UĩILITY EASEMENT s ee036'10"E 70.00' • - : ō ō f ~ ō Lot 3 ~ Lot 4 ~ Lot 1 W Lot1 2 ~ ~ - o ō (V N ~ o o ~ ~ 68°36'10"W 70.00' P.O.B. 1.OCKHEED 24' Asphaif Road L ~G-c ND r . ctN:$~•c0 FLOOR tvG • NaTIiFAL GROUNO _EQ • eC;R:EO E:rCTRtC RrSER rRF • sRON R00 FOt1N0 rRS/CaP • r/?' tfiON R00 SET w/CeP FCP • FEVC£ CORNER POST P.L. • PQOP£2TY LINE ? L + BUILOrNG LINE 1• U.E • yT1LITT EASCMENT PyE . PuBtIC yfiILrTY EASE'dcNT ;;i•...... 0 g • pnarNxGE EaSEuENT COuH. ESut CGH~suNrCaT:ON ESHT } ; WM • wa•ER MET£R : R • ~E:-" ONE RISER ` • E::CTQ~C R:SĩR . , • : - T~1VS • c:ECĩRIC TRAVSiOS2N1E4 ~o . ?Ow_R POLê ' " • _R . L:GN ĩ POIf R 0w • RtG)i T OF WaY p;, g spQIhT OF BEGsNNtNG ? C C. . P!~i.Ni T OF COAIMEVC:vG ;~y.. . GvE4-NE-'1 O uiiLrT7 ~ Ca3LE Tv LrN'c - - . ' E__C*RsC LINf --i.. . - _PY.CNE L!N£ .N'n~ F~~<< • 'COG F£NCE w EX H I B I T'1B" . P:PE 8 CaBLE FENCE --o-- • C>t,3,iHLl►:x FENCE • } + ~i~ 1 OR OE:J CaLt ~ ( rr ~ O r . = 'A :GV'RflI,iNG ~iCrrL'~1E`IT • + 9~:£ 3:aR:NG . ATTACHMENT B A!I that cerfain lot, tracf, or parcel of tand situated in ihe WlLL1AM NEIL SURVEY, ABSTRACT NUMBER 970, in the C'sty of Denton, Denton County, ĩexas, and being a part of Lot 1,. Block 1 of . the Southeast Airpori Addition, an Addition to th oC~ts of Denton CountynTexastytheesubjec# #ract recorded in Cabinet G, Page 295 of the Plat Rec being more particularly described as follows: Beginning for the Southwest corner of the tract being desccibed herein at a capped iron rod set for corner from which a concrete monument found at the Northwest corner of said Addition bears North 24 Degrees 39 Minutes 36 Seconds West a distance of 1861.31 feet; THENCE North 01 Degrees 23 Minutes 50 Seconds East a distance of 110.00 fee# to a capped iron rod set for the Norfhwest Cprner. • THENCE Sōuth 88 Degrees 36 Minutes 10 Seconds East a distance of 70:00 feet to a capped iron rod set for the Northeast Corner. THENCE South 01 Degrees 23 Minutes 50 Seconds West a distance of 110.00 feet to a capped iron rod set for the Southwest Corner. THENCE North 88 Degrees 36 Minutes 10 Seconds West a distance of 70.00 feet back to the place of beginning, and enclosing 0.18 acres of land, more or Iess. This Survey sketch represents the results of an on-the-ground survey made under my direction = and supervision on 07-31-01. There are no visible or apparent intrusion, protrusions or easements except as shown hereon. i- FLOOD STATEMENT: I have examined the FEMA Ffood lnsurance Rate Map f~ t nd that ma ~ Denton, Denton County, Texas, Community Number 480774, effective date 4-2 9 a p ( indicates that this property is in Non-Shaded ZONE X which is defined as"Areas determined to ` be outside the 500-year flood; as shown on Panel 0355 F of said map. NOTE: This survey was done without the benefit of Schedute A & B or title binder. ~ , ; . . Î . ĩ ~Y ~ ' ; Kenny . oifinge L.S No.5312 Date , ; ~ Í i i I