2015-377ORDINANCE N0. 2015-377
AN ORDiNANCE ESTABLISHING AN ECONOMIC DEVELOPMENT PROGR.AM UNDER
CHAPTER 380 UF 'I'HE LOCAL GOVERNMENT CODE FOR MAKING GRANTS OF
PUBLIC MONEY TO PROMOTE ECONOMIC DEVELOPMENT AND TO STIMULATE
BUSINESS ACTIVITY 1N THE CITY OF D�NTON; APPROVING AN ECONOMIC
DEVELOPMENT PROGRAM GR.ANT AGREEMENT WITH US AVIATION GROUP, LLC,
SETTING FURTH THE VARIOiJS CONDITIONS PRECEDENT TO US AVIATION
GROUP, LLC RECEIVING THE PROGRt1M GRANT; PR�VIDING FOR A
SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, US Aviation Group, LLC ("Grantee") has made a request of the City of
Denton to establish an economic development program under Chapter 380 of the Texas Local
Government ("Chapter 380") to stimulate the development af cominercial property within the
City of Denton; and
WHEREAS, the City Council by this ordinance is establishing an economic development
program under Chapter 380 which will stimulate business activity in the City and promote the
public interest (the "Program");
WHEREAS, to effectuate the Program, the City and Grantee have negotiated an
Economic Development Grant Agreement (the "Agreement"), a copy of which is attached hereto
and made a part hereof by reference; and
WHEREAS, the City Council finds that the Program and Agreement promote economic
development a�ld will stimulate commercial activity within the City of Denton for the benefit of
the public; NOW, THEREFORE;
THE COUNCIL OI' TIIE CTTY OF DENTON HEREBY ORDAINS:
S�CTION 1. The recitals and iindings contained in the preamble of this ordinance are
incorporated into the body of this ordinance.
SECTION 2, The City Manager, or his designee, is hereby authorized to execute the
Agreement on behalf of the City of Denton and to carry out the City's respansibilities and rights
under the Agreement, including without lim.itation the authorization to make the expenditures set
forth in the Agreeinent.
SECTION 3. This ordinance shall beconne effective immediately upon its passage and
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approval.
PASSED AND APPROVED this the �� day of _� ��, '� __���� 2015,
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ATTEST:
JENNIFER WALTERS, CITY SECRETARY
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AS�":�"�� LEGAL FORM:
�1�4fl'[�� ���J��C��^��5, CITY ATTORNEY
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Page 2
ECONOMIC DEVELOPMENT PROGRAM GRANT AGREEMENT WITH
U S AVIATION GROUP, LLC
This Economic Development Program Grant Agreement ("Agreement") is made
and entered into as of the effective date provided for below, by U S AVIATION GROUP,
LLC, and the CITY OF DENTON (the "City"), a Texas municipal corporation, for the
purposes and considerations stated below:
WHEREAS, this Agreement is authorized by and made pursuant to the economic
development program provisions of Chapter 380 of the Texas Local Government Code
(the "Act") to promote local economic development and to stimulate business and
commercial activity in the City of Denton; and
WHEREAS, Grantee is contemplating the development of and improvements to
that certain real property located within the city limits of the City as more particularly
described in Exhibit "A" attached hereto and made a part hereof by reference (the
"Property") and new aviation training simulation and/or support equipment and aircraft
owned and/or controlled by Grantee and located at Denton Enterprise Airport; and
WHEREAS, on September 8, 2015, Grantee submitted an application for
economic development incentives with various attachments to the City concerning the
contemplated use and development of the Property, which is on file in the City's Office
of Economic Development, a copy of which is attached hereto and made a part hereof by
reference as Exhibit "B" (the "Application for Economic Development Incentives"); and
WHEREAS, the City Council finds that the contemplated use and development of
the Property, the proposed improvements provided for herein and the other terms and
conditions of this Agreement will promote economic development and will stimulate
development activity within the City of Denton for the benefit of the public; and
WHEREAS, the Economic Development Partnership Board (EDPB) reviewed the
US Aviation Group, LLC incentive request at their November 11, 2015 meeting and
recommended approval of a 70% incentive grant for a period of three years,
unanimously: 9-0.
NOW, THEREFORE, the City and Grantee for and in consideration of the
Property and the promises contained herein do hereby contract, covenant and agree as
follows:
I.
CONDITIONS OF THE GRANT
A. In consideration of a Grant Agreement and subject to the Grantee meeting
all the terms and conditions of the Grant as set forth herein, the City hereby grants the
following:
A Grant equal to 70% of City ad valorem taxes, as determined by the Denton
Central Appraisal District, attributable to the assessed value of Improvements located on
the Property (as both such terms are defined herein) and new aviation training simulation
and/or support equipment and aircraft owned and/or controlled by Grantee and located at
Denton Enterprise Airport for a period of three (3) years commencing December 31,
2015, over the assessed value of the Improvements located on the Property and any
business personal property owned and/or controlled by Grantee and located at Denton
Enterprise Airport on December 31, 2014. If such increase in investment in
Improvements is less than $5,000,000 by December 31, 2016, the City shall have the
right to terminate the Grant. In the event of such termination the Grantee shall refund to
the City fifty percent of all previous Grant payments, and all Grant payments for future
years shall be terminated.
B. A condition of the Grant is that, by December 31, 2016 (subject to force
majeure delays not to exceed 180 days), Grantee shall have made Improvements on or to
the Property, which result in an increase in the assessed values, as determined by the
Denton Central Appraisal District, as contemplated by Section I.A.1. For the purposes of
this paragraph, the term "force majeure" shall mean any circumstance or any condition
beyond the control of Grantee, as set forth in Section XIV "Force Majeure" which makes
it impossible to meet the above-mentioned time restraints.
C. The terms "Improvements or Contemplated Improvements" are defined as
the construction, renovation and equipping of the Property including but not limited to (1)
costs related to the development and improvement of the real estate, including, without
limitation, construction costs and design and engineering costs; (2) tangible personal
property in the form of additional aviation training simulation and support equipment and
aircraft located on or at Denton Enterprise Airport owned and/or controlled by Grantee,
excluding inventory and supplies. The kind and location of the Contemplated
Improvements is more particularly described in the Application for Grant.
D. A condition of the Grant is that the Contemplated Improvements be
constructed and the Property be used substantially in accordance with the description of
the project set forth in the Application for the Grant.
E.. A condition of the Grant is that throughout the term of the Grant, the
Contemplated Improvements shall be operated and maintained for the purposes set forth
herein so that the use of the Property shall be consistent with the general purpose of
encouraging development or redevelopment of the City except as otherwise authorized or
modified by this Agreement.
2
F. A condition of the Grant is that the Contemplated Improvements in the
form of aviation simulation training and/or support equipment and aircraft be owned
and/or controlled by Grantee at Denton Enterprise Airport and used substantially in
accordance with the description of the project set forth in the Application for the Grant.
G. A condition of the Grant is that the City shall have the right to terminate
the Grant if the Grantee does not occupy the Contemplated Improvements continuously
for the term of the Grant for the purposes set forth in the Grant Application. In the event
of such termination the Grantee shall refund to the City fifty percent of all previous Grant
payments, and all Grant payments for future years shall be terminated.
I. Grantee agrees to comply with all the terms and conditions set forth in this
Agreement.
II.
TERMS AND CONDITIONS OF GRANT
A. Subject to the terms and conditions of this Agreement, the City hereby
agrees to pay to Grantee, on an annual basis, an amount equal to 70% of the difference
between: (a) the then current City ad valorem taxes for the Property and the
Improvements (as both such terms are defined herein), minus, (b) City ad valorem taxes
payable for the Property and the Improvements on January 1, 2015, and minus (c) any ad
valorem taxes on business personal property owned and/or controlled by Grantee and
located at Denton Enterprise Airport on January 1, 2015, (with the resulting payments
known as the "Annual Payments"), such Annual Payments to be subject to the terms and
conditions provided in this Agreement.
B. Grantee shall have the right to protest and contest any or all appraisals or
assessments by the Denton County Appraisal District for the Property, the Improvements
or any other tangible personal property owned and/or controlled by Grantee and located
at Denton Enterprise Airport.. All calculations in this Agreement shall be based upon
final assessed values after any such protest or contest.
C. The Annual Payments shall be for a term not to exceed three (3) years
with the first payment being due and payable on or before 90 days after the City is in
receipt of all City ad valorem taxes due and payable for the Property and Improvements
as of January 1 S� 2016 (the "Beginning Date"), and, unless sooner terminated as herein
provided, shall end after the third Annual Payment. All subsequent Annual Payments
shall be due and payable on or before 90 days after the City is in receipt of all ad valorem
taxes due and payable for the Property and Improvements as of January 1 for the
respective subsequent years.
3
III.
RECORDS, AUDITS, AND EVALUATION OF PROJECT
A. Grantee shall provide access and authorize inspection of the Property by
authorized City employees and allow sufficient inspection of financial information to
insure that the Improvements are made according to the specifications and conditions of
this Agreement. Such inspections shall be done in a way that will not interfere with
Grantee's business operations. The City shall, on an annual basis, evaluate the Project to
ensure compliance with this Agreement. Grantee shall provide information to the City on
a form provided by the City for the evaluation. The information shall include, without
limitation, an inventory listing the kind, number, and location of and the total investment
value of all improvements to the property, including the value of all buildings and other
structures and permanent improvements installed, renovated, repaired or located on the
Property. An annual rendering of all business personal property shall be included
identifying all business personal property owned and/or operated by Grantee at Denton
Enterprise Airport..
IV.
FAILURE TO MEET CONDITIONS
In the event (i) Grantee or the Owner of the Property allow their ad valorem real
property taxes owed to the City with respect to the Property or Building, or ad valorem
taxes owed to the City with respect to any tangible personal property owned and/or
controlled by the Grantee and which are located at Denton Enterprise Airport to become
delinquent and fails to timely and properly follow the legal procedures for protest and/or
contest of any such ad valorem-real property or tangible personal property taxes; or, (ii)
any other material conditions of this Agreement are not substantially met, including the
Grant Conditions, then a"Condition Failure" shall be deemed to have occurred. It is
understood that a Condition Failure shall not be deemed to occur merely because at a
particular time it cannot be determined whether such condition will be met, but shall
occur only if at a particular time it can be determined that such condition will not be met
after notice and reasonable opportunity by Grantee to cure such failure. In the event that
a Condition Failure occurs, the City shall give Grantee written notice of such Condition
Failure and if the Condition Failure has not been cured or satisfied within ninety (90)
days of said written notice, this Agreement may be terminated by the City; provided,
however, that if such Condition Failure is not reasonably susceptible of cure or
satisfaction within such ninety (90) day period and Grantee has commenced and is
pursuing the cure or satisfaction of same, then after first advising the City of efforts to
cure or satisfy same, Grantee may utilize such additional time as may be reasonably
required to cure such Condition Failure, but not less than ninety (90) days nor more than
one hundred eighty (180) days. Time in addition to the foregoing may be authorized by
the City Council. If a Condition Failure is not cured or satisfied after the expiration of
the applicable notice and cure or satisfaction periods ("Condition Failure Default"), as
City's sole and exclusive remedy, the Annual Payment shall be terminated with respect to
the year in which notice of the Condition Failure is given and for all future years, and
4
Grantee shall repay to the City an amount equal to fifty percent of all previous Grant
payments made to Grantee; and thereafter no repayment is required.
V.
ASSIGNMENT
This Agreement and Grantee's rights and obligations hereunder may not be
assigned without prior notice to and approval by the City.
VI.
NOTICE
All notices called for or required by this Agreement shall be addressed to the
following, or such other party or address as either party designated in writing, by certified
mail postage prepaid or by hand delivery:
COMPANY:
US Aviation Group, LLC
J. Michael Sykes, CEO
4850 Spartan Drive
Denton, Texas 76207
CITY:
City Manager
City of Denton
215 E. McKinney
Denton, Texas 76201
VII.
CITY COUNCIL AUTHORIZATION
l��� �+� ��r�����1 �� authorized by the City Council at its meeting on the mmm�� �__„
��y �kl`,�����'��������. ,��� � 5, authorizing the City Manager to execute this Agreement on
1��:,�����f.��d t.M�� t��i�}�.
VIII.
BOARD OF DIRECTORS AUTHORIZATION
US Aviation Group, LLC represents that this Agreement is entered into by US
Aviation Group, LLC pursuant to authority of its Chief Executive Officer. A certificate
of the Chief Executive Officer of US Aviation Group, LLC supporting this representation
is attached hereto and made a part hereof as Exhibit C.
IX,
5
SEVERABIILTY
In the event any section, subsection, paragraph, sentence, or phrase is held
invalid, illegal or unconstitutional, the balance of this Agreement shall stand, shall be
enforceable and shall be read as if the parties intended at all times to delete said invalid,
illegal or unconstitutional provision.
X.
ESTOPPEL CERTIFICATE
Any party hereto may request an estoppel certificate from another party hereto so
long as the certificate is requested in connection with a bona fide business purpose, The
certificate, which if requested will be addressed to US Aviation Group, LLC, shall
include, but not necessarily be limited to, statements that this Agreement is in full force
and effect without default (or if default exists the nature of default and curative action,
which should be undertaken to cure same), the remaining Term of this Agreement, the
levels and remaining Term of the Annual Payments in effect, and such other matters
reasonably requested by the party(ies) to receive the certificates.
XI.
US AVIATION GROUP, LLC STANDING
Grantee, as a party to this Agreement, shall be deemed a proper and necessary
party in any litigation questioning or challenging the validity of this Agreement or any of
the underlying ordinances, resolutions, or City Council actions authorizing same and
Grantee. shall be entitled to intervene in said litigation.
XII.
APPLICABLE LAW
This Agreement shall be construed under the laws of the State of Texas. Venue
for any action under this Agreement shall be the appropriate court serving Denton
County, Texas. This Agreement is fully performable in Denton County, Texas.
XIII.
FORCE MAJEURE
If, because of flood, fire, explosions, civil disturbances, strikes, war, acts of God,
or other causes beyond the control of either Party, either Party is not able to perform any
or all of its obligations under this Agreement, then the respective Party's obligations
hereunder shall be suspended during such period but for no longer than such period of
time when the party is unable to perform.
�
XIV.
ENTIRE AGREEMENT
This Agreement is the entire agreement of the parties and may only be modified
by a written instrument executed by both parties.
XV.
EFFECTIVE DATE
This Agreement is effective as of the �':`�� day of _ ,, 2015.
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CITY OF D1:��1� 1"()�] � ���/1,�
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CITY MANAGER
ATTEST:
JENNIFER WAL`1'��1��,�.�;ITY SECRETARY
I:
APPROVED AS TO FORM:
ANITA BURGESS, CITY ATTORNEY
BY: �.. . �u� . ��„��„� ..,,.,�°� w� ,.���.m �� ,�
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US AVIATION GROUP, LLC
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BY �J. Michael Syk s�� � ��������
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ACKNOWLEDGMENTS
STATE OF TEXAS
COUNTY OF DENTON
The foregoing � s�����c�i��i� I��ve ls�g��m��a����� Program Agreement was executed before
me on the��day of �;�"���^��, _�� _, 2015 by George C. Campbell, City Manager
of the City of Denton, Texas, a Texas municipal corporation, on behalf of said municipal
corporation.
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STATE OF TEXAS
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Notary Public in and for the
State of Texas
The foregoing Economic 1����la��rr��c,��t Program Agreement was executed before
me on the � day of �'�,�.� �,v��� ������. 2015 by J. Michael Sykes, CEO of US
Aviation Group, LLC, a Texas corporation, on behalf of said corporation.
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Dcpatimcnt af Developmcnt Services, Ecanomic I7cvelopment Divisian
215 E. McKinney St.
Denton, Texas 76201
(940) 349-7776
(940) 349-8596 FAX
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4. ��anl �h� �rc�:u nta a�f�u�� r� ect ����� ���r �r I��.s��"� If leasee� � racs�panay c�aa �z����r����a�4� �al�!�anm8 exi�t 7�"
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� el�e�ifor� �f �xist° � ty gY P P nB E�vo
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�xisdng f�cil�tgr will be subir��Bed fr��aa tha �lt�o of tho n�v� f�cilaly io a�r{ve �t tot� pr�J�t v�ltte.
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7. Prope D lption.
aaawmAtte a co of e le escri tion do ,�.�._.�.. �oo. �. ..._._.�,.�,..,., -�,,��, .�..,w� ��M,M _�... �� ,�,...�
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- Attech ma of projact lnctuding alt roadw�ys, laad use and zoning,within 500 ftet of atta
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A. Curront Valuo. ACtach copy aat' B�t��� p E�u� atate nt �+�r�� the ���wGt�a�� Coun Central a������r�����1
Uistrict lnclude both real (land end tmproveroents) and pcxsanal properiy).
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10. Indicate per¢ent ����'tax ���h����am�t�r�m� and numb�r ���° ����¢�� raquested.
Percent Requested .��"d � , Year� Requosted �.. m .
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List any other nanciel ' ntives is p Ject wlll requesdre [vo �
Estimated Freeport Examption
Est ated �,l���ri� !�tiVm�:� �n<i�sti�•z�7 �����i�ro��wa���� ��r�'��
� �t�a���za�r� µ ater/ astewater �t��'�wa�C�u��'�a'� Assist
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be produc an or str °ccs to he pro ded,
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13a Pr�jeak �par�i��� ���, �r�v�d� ��q.sl�yr���t �a�tic�n f�r r����r afy��ra ��� �b�l�m�rat a�
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A. T�t�l nur�ab�r o� �n t, ll�t' a obs �, �.�° ��� �w �.
�. Empiog�es �r��%�red ���m o�Ysid. ��... ..�. � ,,,w � ,,m ,.,,,, w,��x.� .��e.w �..e...,�_.wm, �, � �. �
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C, �fet p��aorai �lt�tia�� Jtrbs (�1. �ttinus �.) � '
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E, °fot�l � u.ei .�, crll.. r.all entd li�t o �,_
joba (lt.� , �� � �a"�a�� _�' a�� ��� � rv ��;,���°; nq �,p� ��W� ���.��,�s ��u,r�o
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F. 'fyp�a af jobs cr��cud. I,i�t th� job tit� �cad nusrbber �f p�sit[oa� ie� �ch r�eegory th�t �will E� orraployed
ehe f 1t4 rovl e �v�r� a f�r ch �� ��r, � � ,,�. � ��-�� ������°� �
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p�. Descdbe any other dlrect benefife to the City of Denton�ae a reault �a�"'td����ProJect (e,g., asks tax revenue mm
or
project elamants i ntifi In T Abate ent Policy, Sccti n�
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15. �ls p ope�� r�i' �������� � � � ��� � � .. �..�.����^' �:�� � ����.�r,������.�,.��r.�� �.s:�.��i"...����,�a^�" ����J'C�S,�
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Currcnt wning. z G _ �� --
?.oning required for proposed project.
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Ancfclpa d v ances. /A
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l6� Is pr riy plattcd7 �"'� °
Will..o�� �g�� ..Mm..�,..�.� ........ �. .,..e.. __ �. ,� �...� , .�.. � � ..
� lattln �� necessary Yes
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17. N���c��W any e�.�..,m��,.,.,.�.. �..W ���� .. .....�., ,� �
nviromnental da�����c��^� created by fhe project ���
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A, List any permite for wt�lch appllcant must appty, Applicant ^u��ix �� required to pr�v��ft� �".k��r with ��p�s�;�
of all spplicati e r ' o en e i u n co pletion of application(a).
._Provide r.._ �..� ____
. ecord of compllan to all v'vo inntel re tationa for t rvo a.
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21. [,i�e a ation�l �iernent 1�ctors to bt cm ��idered rar tlks�� praject dirs� on p�gos 3 and 4�f a 1'
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22, F!� 1�1 ��"di�"�P'P���i��d�tiY. At$I�C71 � CO[9J/ �I Id01ft809[ 91ic16[C� I!il�i9cB�l �c�c�¢cea`es eeep w,r�, a,�w� �,d •�� ,• a,�•. a-��J_°-,
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23. CDocs 4hc pr�,da��G t�,�vc an � dd��da9� �.ro��w6m�w�rre��ua,a���Nl��^ srasi�ln�bl� or re�ev�able e�e�l �ornperonen4 (��soo pl��xe
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24. Applicants see I,E�� certlfic�ei�n �►u96 rrs (cte the Cre�n uildsrs ������a��i�� for T batemont
(Exh`bit � of thc licy)
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380 ECONOMIC DEVELOPMENT GRANT
US Aviatlon Group Is applying to the Clty of Denton Economic Development Partnershlp for a 980
Economlc Devebpment Gra�t rela�ted to contlnued Investment In exisling buslness units and the acquisltion
of new businesses at the Denton Enterprlse Airport,
US Aviation Group begen operations as an FAA, 4��r� 1�1, f1d��ut ��hti��l �� C�"�� �����r� �r�tc�������� ���6�'��� w��
late 2005 wilh less than thirty students and flve a�r���f� ;��r�r� ����, t�p� �4��rw� ����1��1�r� M�� NM��r�����
to over five hundred students wllh a fleet of over �s�� ha��r�d��w� kr���r�n�� �Nr��'��l„ ��ro�' N��� ���� �����"�-� ���
the Cfvif Aviation Adminlstratlon of Chine (CAAC), es �����t 1�1� ��G'�t�� �������y, "�N�� ���ap�N�?�^ ���r��rc�
with one hangar for all operatbns and now owns ���wart ��iV���r��� �� �����u������� ��� ������'��� ���'����� �
second location, et North Texas Reglonal Alrporl, 6r� ���N�i�-c�rx„ mw�� �ti�a�A���M N�� J!��� ��'� ��� ��`�'"��'�'� �������'�
suitable training focation.
�'"h� ���rrt��f��e� �r��w�h ca�' �� a�r�6�ti��n ��°�N'� ±���� ���a��Ar�r �wr��w�a�e.l ��? ���P�� ��r����a�k���� +���ha %���a� fiN��k
hw�Kar� �m���. �P�� ��' �'0,��+��� '�'�i��7 r��.�t�����i � 4��u��1�i a���r���� �v�� �u� �iG��at h�m��� dr� �F�� ffr�k ���r ��”
���r����a�. �;;�e�� f'���^� ��� �r�aa�tl� 1�� Cl�� ���,s��r�t �����a�w�t�ti�rc�„ tl°r�� �'i�w���6�� �� ���ud!�nt� ��� ���urra�tA��ll�
��d�r�n�g��r� fs��r� ����r�p��tNc� ��� � �r��pb p�r�S�������pt�r��! ��`�u�4 ts� ,�lu���w�� ���a��� �v�r �� ci��%��r�r��� �a���tri�� �w��arm�
E��� �w^��r��. "l ht�r e���AVk� ��°w� ra��t�ka����ara �� k�� �r�ir���w�, ��d r�l�k��� ������a� ���^i���, �� rr��r dru��r����1i��r���w�
recagnizad.
The ���u��r�� tr�tlnln� k����n �^��h flxed wing aircraft, but the recent acqulsitions of All American Helicopter
a,�d l,�K,����r�� W��Gw���a��X�r ���va� added rotor wing tralning to provide more optlons for the students, alrlines
and �������c'�ip� t��'��I�� t�u+� �"�fld In need of premier aviation tralning.
Last year, ���� t�a���v�r�� ��r���r����ip with Tarrant ��aw��y� ��u��������i�3� I��V���� ����rr �r�il� t�w���qyu���� �t���K�S�
enrolled Pa� �ire� Nra�t���ar�� �+�r��+��ler of flight tral�roi��� �� ,�NNf����� �u}�,�r�, �� ��' ������r�u �"��� ����� �t�ar��n��
enrolled In td�� �vW�u����� ��r°���r��"� end by the fall ���rm�l�� �,�� �r+���r���'p I� ����+��k�� t�'a ����� �ra�a N^v����f�����
students, Several other Community Collepes have c�a�t����� l�� �'�'������ �� �"��"�� ��� ��'�` ���� �°���� ����'�"� �'
simllar avialian tralning program.
,� �p����� �a��ro�r��°tr��n� �aar����r�� k°t�� �I�a� b��r� ����n���� ��ae �w� �N�� t�u�lli� �� �h� r�wlfi���rr� Officers who
I��v� �r��V���u��l N�u ����' p�ue����t�a���^�� t� ��A�r'r�f�ti� 1���N��r ��r����+�r��nk� �kr ���� �r�w�f��� l� a�wa���q�ru Is faet becoming
� �u����� tr�mr�rr�g ���v�d�� P�r ��a L��������� ���a���rE���� �� ���c��n��� �y� �a��r� �u�n ��nt� dlfferent nations
r�q�����d��,� �i���� ���I�+�r� �� k��ln�� k�'� �y�� T��� ��r�����d���� M��inlc�� ��c�lir�ct ���+ Ch� ��il���`s wlll result In the
�rart�u������a�� �� a�r��f������9 �¢���r�t�� �@r�����Ca�r� ��� �r��.���wrt statf and equlpment.
A maJority of the forelgn students are sponsored by varlous alrllnes In Chine who are also Increasing the
number of students allocated to U3 Avlatbn for pllot training. Cunently, two of the largest alrlines have
increased thelr student commltment and anoiher two are flnalizing contracts. As with Ihe Defense
Department, the result wlll be an increase to the cur�ent alrcraft fleet,
,�� �vac����a�;�s� I�� Cl�� �b�w��, ��w� �r��4�s ����� ����� ���� �rac�r� �a������a���eR ���' t�w� rr�orn�a�r� �� n��w
�����r�rt�rr��t��� ��at���N��a� ���� ��'�r���t ��rrw����au�� I�Ay ��F v�hl�b�, ���� dI��C��+ b�r���i�d� �,^�th �r� ���zt�p� ��Ir���
�n�i l��r�r f�ff�^ �a� ���d�n, i��c� �f t�� ����r �aw�&w��r� fi� ���� ������ B� �r�up���rrr���� ft�r� 'N � ���r������� m�a �w��r ����
.� �r� X��r'���� ����r�r� ���r����� �a� �r�rrae��r�� �r��rr�� 1 h� �9i�"'��� ���r�r�6�°� ��t���d�, ��c°��c�!�� t�� '�:� �wr��tC�� O�
substantlal and growing every year. The 380 Eco�a��t�� f�'+��u���a��u�r�� ����� "�hr� �"+������ ^� ��������' �'�
support the continued growlh and benefits for tha C�wk�� �M�°���� �i�� �+�������� �� ��'���
4850 Spatlan DcJve, Deuton, Texar 76207 .(940) 383-2464 Phone .(940) 381-5385 Fax
US Aviatiai Acxcle�ny iJS rUrcraft M��intrnRnce US Avionice
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EXHIBIT C
CERTIFICATE OF AUTHORiTY OF OFFICER
US AVIATION GROUP. LLC
I, J. Micheal Sykes, Chief Executive Officer of 1 lS Aviation Group, LLG, a Texas
limited liability company ("US Aviation Group") hereby certify:
1) 1 am the duly appointed, qualified and acting Chief Executive Officer of t►S
Aviation Group, LLC as of the datc hcrcof.
2) As such, [, J. Micheal Sykes have full power and authority to execute and deliver
�n behalf c�f US Aviation Group, LLC, that certain Economic Development
Program Grant A�reement to be made and entered into as of the eftective date
provided therein by US Aviation Group, LLC and the City of Denton, a Tcxas
municipal corporation, for the purposes and considerations stated therein.
IN WITNESS WEIEREOF, the undersigned has executed this Certificate this =1th
day of December, 2015.
State of "l'exas
County of Denton
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J.��licheal Sykes
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Chief Executive Ufficer
US Aviation Group, LI,C
This in5lrumeiit was acknowledged before me on the on the �L'�' day of Decembcr,
2U l5, by J. Micheal Sykes, Chief Executive nfficer of i1S Aviation Group, LLC,
on bchalf of said compt►ny.
°� ��" � ANDREA J. ATKINSON
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�� � Notary Pubiic, State of Texas
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(Seal)
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Notary Public Signature