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2017-225s:\legal\our documents\oedinances\17\airport - ga hangars lease approval.doc !' � � • 1 �. �� � � ,; : � �� �. ! R � ,. � • � . '.. � . ..• � R, � • R.. � 1' f • �' '. , 1.. .. � !; : .• �, I •. :� � �... ♦ �� 1 t�: 1 � 1 . � ! � •: �.. . ♦, ,. ' 1. ��. WHEREAS, GAHangars, LLC ("Lessee"} has requested an Airport Lease Agreement- Commercial Operator (66Lease") from the City af Denton (66Lessor") for a certain 3.241 acre building site at the Denton Enterprise Airport ("Airport99}; and WHEREAS, the Council Airport Committee considered Lessee's request and on July 25, 2017 vated to recommend Council approval _of same by a vote of 3 ta 0; and WHEREAS, the City Cauncil finds the Lease should be approved; NOW THEREFORE, •' • • � • • • ; •' �' SECTION 1. The City Manager or his designee is hereby authorized to execute the Lease between the City of Denton and GAHangars, LLC. in substantially the form of the Airport Lease Agreement which is attached to and made a part of this ordinance for all purposes. SECTION 2. This ordinance shall become effective immediately upon its passage and approval. �.: �; . � ....� � - . . . . , ., • �. : .••• . . ��♦ ..• � • �� .����� �.. ���� ��� � � � .� BY: �. ��' a /,5" �- day af � �-u�,,�c,,�" , 2017. ���.m..� �r � '' � ''£ :��..<� r � �� a ; � �, ��� � �.� ��,..._ Nm._ � CHRIS T�+A 1 `�, %'i�Y(��R. ♦ ���,R� � � a � ,:� � R � '�,.. � � R � � ..R�:.... '� � • " � � • ` � _ • " � ! - - - � �' - - ! - �' • - �,' * ' � ' ' .1 � ' '... *. '. �.. � f� , � . w�. # ' '. -. -. �.. .... � ��... •�� � � ' ' �I • . •,.� � � �:.... ♦ .'. s � � �... - �� �� �� . " WI ESSETH: ' • - • • • • • • •*- , - _ �- • - • - � �• i ` �• ' • �- • • s �- '• - • . ' • � - • ; . • �• r • • � +. . � -� . � • . _ _� � �:R � R� •' : � w.. • �. �'.. � ' .. '.. • �, #' . !' '�. � � il . • ' , �'�, w .... �. . -� • � ► -� - ' � . '.... � " ' �. , ' ' . . '��, � • . ��. I. C�l;���:1��11� C�`t�i�[�I°1"I���� (�F LEASE AGf�k�;k;��1�:�1'I, c, � R�� �. '. �. �. : ' +. �. ,.. � ' � �.���,;n •.I . � �': . '�... * _ � ,. � . ., , - �. � � � ��. �..- � * '�, - �.. ��, � . �:�.. � " ". •, �. 4 , � � r � � - - . ♦�: � '� ���. ".• ��'�. ', � ���:... !. • . '•' . / • �'�. :. • ' ' .: ..... w � � ,.'.. � �. ��. • •�. '. � ' ... � • f' ' : • " . � l • ��.�`� .���. �' .'��.• '��: • '.�..• .�.'.' #�.: � ����: :� * •�.��'. ! * , '1'+ ' . •�:� • r.,. �'...... ! ! '• , • : • •'��. " C�'. i: . � �........ � � �... � �� •' : � 1 � • � •:: " f� : �' .�. �'�. " • � � � • :�.: • � �� ��: � ' r ' �: • " � !; # ' ' � : !' r ��. ��'.. � * ' w ... •�. . .'. * � ��. �'�. � . #� ! ' � ..,'�. 1 ` � ♦ ! • �I �.... ' ' ' � • '... • • . _ • ..I s # . : • * � • ��'. � '. '.. 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' r �I ! � �, '. � ' �: '�. • . r� '. _ .. �: +. .: •. �. • + '..: " • � #' � � , l • w . , • 1 ' �,' �' � � • •'. . #' • l' � - • , •• ' • ' � �' • 1 � 1! ... , 1, , � ...R; � � � Lessor reserves the right to further develop or improve the Public Area of the Airport and any other praperty at the Airport not part of the Leased Premises as it sees fit, regardless of the desires ar views of Lessee, and without interference or hindrance. 2, Lessor shall be obligated to maintain and keep in good repair the Public Area, together with the right to direct and control all activities of Lessee in this regarda � � • • . • . - .- - • � � . - - ' � ' -. • , �. - -• • - -� . - • - - • � , � -� -�• • t - • . • • s • � • + - • • - �_ �- *_ �' � • • . -. s • �- . • �•- - - .' .�• •. - • - ' �� .�. •• • , •�- - - + � � - - # , + � �- + • •- -r . � � �� s - -� • .�. - • ` �• '•r • • - s • r • • - ` r• • • . � • � • , ., • � s • �.-� � 1;�• • •. • • • _, • , _ ,- .� . - * - �, � ♦ � • • - .; - - .- __ . * , _ .� , _ � '_ - -• - � - �•- • • . * _ � _ . �� � - . � -� '# t � - • . • . . -� 'I• � f- •' •. ! •' +•` • • ."," * '• ! � • • �' •,, " ;. .'- * - -w- �, ' r • ' � � . * • . �-�.,"' ' # • ' • !'' - � "� .��) -• • �• '� � • � � ' : • . . • . * * . �, , " - • +' . ., � - * - * � • � � •., # • + ��; A • " �'�. # �' • ' !'. . 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" . r •. �' ��. �'�. • �' �. � ' • - �. .... �. � � � - - � ' � � !'�.. . •. .'�. .. �'.. • '.. •. • �, • '. .�. 1 ! �, .�.. • w ��. '. � � � � ' • ', " • ., : � � w " . �. ' �:.. ,. • ♦ . . � � � � •� �: ., .� * ' .�. • .��. � ' �. • • '�. � •�.. '�. � • '. �. � ��. •' : � • � � _ �. ' � . � • � - � � c � �, • �� . ' ' '. ... . ' ' �. ': ... ' • 1... • ���. �� •� � � � ,.. ..,. + . .. _ ' .,.. . r • ,�•�..'. • !'� 1' •�.��" . �+�'. !� � �". 's�. � ��'. ' . •�.' -+ ..�. 4 � , A � ���. � � . . * � ��. � ��� r. � '� �� � � • .'. � ' �.... , � '. ' ... � .. � _. � ��� ��. � ��. ��. •" �' r - !• T� �1 .-• �' ' � ' ' ' '� . � . . �- � � r� : � �� '�.. • � � r �' �� - r .. ... r � '" • • � r �. ��. � ..1 The rent provided herein shall be net return to Lessor, free af any loss, expense or charge, rncluding without limitation, maintenance, construction, reconstruction, repairs, replacement, insurance, taxes and assessments. � * .. � . . • . - • s r• - � -, -•'- � -�,- • r. - � - ' - • ', • - -- . s- .r- � - *, . . * _ � - . _ �-r, - • - • �- • • • • - • �- • - ., • - •- + , -� • • • •. . • -r • • r- • - �. • • � . • . '• -w r . �, � . �- ' � •-, , s- • , • �' r, • -� � • r -• • ��• ' • r` . • • . ''• , • -a r � . � • •.' ' � • r. w . • r' � • . . • . • • '. � • - �- ' � �. ,��-r • ' t � '• s - •. � . . _. �. . .�'- • . � +, . � - - ,• - • . .,' �- , . �- -� � • •' -• � ♦ • • �-r � . . � � •. * -, -� ' - . �- -�r, -�1 . � • -. • -.'�.� •- �#��. • �•� - ' -. ' -' .:�'. + •�',. -� �..:.�. • • •" 1.'. � , •: ..- _,... � •�..�. . �._r " �. •' " l. ��. •� ' •' ��• �.'�.• ��, , �.... ... .� ..... � _.� • ��, �: , . . �� ' •' '... . •' . • '.. � • �, � ' � . �. '�. . •�� ���. � • � i � !� �: • � f '�. � . • '. � . • ,. �. ' , ., '. , . � .". . . �. �': � i .... i�� �'�. � � '��. � r �'�. � � I. � '. r . •�.. . •��:.. • �:'. • • � •, �,:'. � , �. • , !: * �.,. . • '. ��.. # ' r '�.: ' � �: �� •� �. ��. � �:.',.. .' �: � ��" � � " �: .' ' ' � •,. �.. �, � . • � �. � �. '�. � ' . • • �. �'�. r. �.. •� • •: - � ' .. .. # '�. r •� '�. � �. � '�. • '�. i�. �� #: '. �'�. w # ' • . �'�. � • '�. � • '. �'.. • ' • ", ' � � � � '� �. ��.. � • ' ��;g� 7 executian of this Lease Agreement. If the product of this multiplicatian is greater than the Original Rent, 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 Original Rent there shall be no adjustment in the annual rent at that time, and Lessee shall pay the previaus year's annual rent 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 sectron result in an annual rent less than the previous year's annual rent. The adjustment shall be limited so that the annual rental payment determined for any given two-year period shall not exceed the annual rental payment calculated for the previous CPI adjustment by more than twenty percent (20%) percent. - • - - �- • . •. • - ' • - �. , s ' • �' �'�•"r� .t. '+..•.�. �......• � "�:: � �' �'��-, _ . f... rf•�'� � ���.'s � :.r�•�'., � ��. # • '�. ' +' # r. �, .. �. _ � ��. ... � .,. r s � ' . r �. '' • ' . .. •�� ', .'.. � ' ' �: # ' . .,. • : • '�. ��. !' I � � i� •� ' • �. 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Y " r '� �'�. :�� � ,.. � � �� � •�. �� ' �. � �'�. r � '�. �'�. • I �' • • �. �.'� . R: �;... ♦ �'' � � i ♦ ; '� � �'�. A. USE OF LEASED PREMISES. Lessee is granted the non-exclusive privilege to engage in owner/operator activities providing only the following aviation services: 1IG�r�a��� (}�i��� �p����c° �,c�.r��t��. Lessee is granted the nan-exclusive right to rent hangar and affice space, 2. General Aircraft Maintenance, Lessee is granted the non-exclusive right to conduct airframe and power plant maintenance services. �it�cr-�ft 1��.����z��,r:�1�r�t ��maa�,��, Lessee is granted the non-exclusive right to manage aircraft and flight operatians for third parties. I: • � .., �' + '�. ��� � � ♦ '�' � t - • . � �� ' •. ! . �� �. • ,� • •' ..: + ' s ,. ," . !'. •� '. � � • • •� '�. - , * - ' - ' ' * � ' �', ' • - - � � . �' " �, , ' 4• -.:. � - . f, f �- ... '�. . ...... _,..� �. � +...." '- . � • ��'- ....� ����'� �' � :�• 'l: • •'�.'�.� • ��.'' �. 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'. �: � � ' �... • . • • � : t ' * /� .. � , � • .�'�. • • ' ... r. • ' # ' �' * .: _ ... •.��....� �. .�.'. * .. � .' ''.....'� � _. _... � ._ • �#'.. _ ., •� .. � *: •� � • . �' ��.. •. ' � ' ' r �, ,, • �, • • '. . • � � �". � � � • �'�. � : ' � ! • ����. !' : � *'..�• . •� * �� � � r f •�� : � �. #� �: � " �'.... _ � . ♦ � ���, . �' • I • '....... � '�. • � ., ,'. � • ��. �'�. � •� : ���. • • '�. �I • � ��. ! :. . � ,.,. • " � • ..,, • � ��� • _ � * ,. .- ' • : ! �� ... • ' ' ���. • '�. �. •� � ' f: ' �. �: � . '�. '. ' ' ' ' �; �., • � � ' _� • ' • � .. ... • � ' . r�. • �. . � / f. �... � • - . . " • • ��. � ���. �� . ... •.�. •�: • ��.•�� • ��" �� • �: f: •. ! •'.'' • � ' f �� � �'��. ' �. ��� � '� � •� . • . 1� '.. � • '. ���. ' � ". s: " •� : � • 1' � • �: •' ' ' � ' *:... ! ' �.���'�. + �' ... . s:: w ' •��:�• •'�: •��'.. �.: � • . . .. � • �. • � •' � • � '�. •' I � . � � ��: � � � +�. � � " � �. , • � �. �'. � '�. '� � � - ' •. � # ' ., . " '. : • r '"�'# � • 1 �•, ' � " ��:' � • • '�. • : • �'�. .' .. l ' +, ' � ' � ' ��... • . • ��: • •' �'�'� �''. • 1 '�. ! ' �'. ' � #�. ' � • �. � • • �' • ' � � . r ' �� � • , �1 •' ♦ ' " • �. � ` #�. • • ���. '�. • '�. ��. ♦ �: - � '� * � ! •' '�. � • w' �: � '� � * � '. . •.•r: ��... • �.. � �. R R . , • �' : � , �� � � �' � '�.. ,:, ...., � • ��. . R � •,,..,. ♦ ....... � ♦ �..� ♦ ♦ ��. ? .,.• R � ,; � �' ! ���. � ,; � . • �.. , .',� �,. '�. !. � . R � �. � �... � � l , �� R • .� ,�. : ..• ........ • ,.. � �. I � ......, � ,,,.. � �� l��.. � � ! ♦ �', ,.��. � . " • • � '�. • �' : 1 ��. R �: , •' � • ��, �: �' • ...'.. • - • ..'." � � ' �'aa� 11 l2. Chemicals and Other Substances. Lessee shall properly store, use, collect, and dispose of all chemicals, chemical residues, paints, and/or any other pollutant, contaminant, intermediate, hazardous substance, waste, asbestos containing material, petroleum product, and any substance containing any of the above ("Chemical"};, including without limitation, paint spray in the atmasphere; and to cornply with all local, state, and federal statutes, rules, regulations, and ordinances gaverning the storage, handling, use, or disposal of such Chemicals, Further, the Lessee shall be solely responsible for, and without limiting the provisions af Art'rcle V.B.11, shall indemnify Lessor against any and all claims, losses, liens, suits, fines, penalties, liabilities, damages, causes of action, and demands, including without limitation, costs, 1►abilities, and damages assoclated with the cleanup, remediation, and disposal of said Chemicals, damage to the environment or natural resources, property damage and/or injury, disease, or death of any person, related ta discharges or releases, whether accidental or intentional, of any Chemical or any other matter, claim, loss, lien, su►t, liab►lity, damage, demand, or cause of action associated with or related to the Chemicals. 13, k I�s,r,��������N.� �ctivxiau,�. Should Lessee violate any statute, rule, restriction, order, ordinance, or regulation of the City of Denton or the Federal Aviation Adm►nistration, ar any other regulatary authority, or should the Lessee engage in ar permit other persons or agents to engage in activities which could produce hazards or obstruction to air navigation, obstructions to visibility or interference with any aircraft navigational aid station or device, whether airborne or on the ground, then Lessor shall state such violation in writing and deliver written notice to Lessee or, if so elected by Lessor, Lessee's agent on the Leased Premises, or to the person(s) on the Leased 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 violatian(s) cease and desist fram all such activity creating the violation(s). In such event, Lessor shall have the right to demand that carrective action, as required, be commenced immediately to restore the Leased Premises into conformance with the particular statute, rule, restriction, order, ordinance, or regulation being violated or to remove or remediate any hazard described herein. Should Lessee, Lessee's agent, ar the persan(s} responsible for the violation(s) fail to cease and desist fram said violatian(s) and to immediately commence correcting the violation(s), and to camplete said carrections within twenty-four (24} hours follow►ng written notification, then Lessor shall have the right to enter onta the Leased Premises and correct the vio(ation(s) at the sole cost and expense of Lessee, and Lessor shall nat be responsible far any damages incurred to any improvements on the Leased Premises as a result of the corrective actian process. In addition, such violation shall be considered a material default by Lessee authorizing Lessor, at its sole aption and discretion, to immediately term►nate and cancel this Lease Agreement and to exercise any and all other rights and remedies available to it under this Lease Agreement. • * •• ' � * ' , �' ' � .�" . •- • . "� • • •; 'r " � • " •'' �' • ' .�• ' .�'' • •' � •• • ' • -+ � ' •,' � •'• � •1' I• ' � • .�� • � • f' • " �" r' �' •! ' � ' !' ♦' . � • ' �' � • � +,',.�- • � " •' " • 1 i +'' � r�. '. , • . .. * �� : ��. � �'� � � � , ��', . � � _ • � .�'. � � ..�. � •�'. �.. r�. '�.. � • �. �,�. * �. " � _ . • "� f � • �'�. �: •. ,.,. � +' ♦.. +. ,.. � � " �� �'�. r ' ���. • ' �:. ...' • R ' '� � f�.'. r ��.' a ' ! �:.,.. � �. *. . � . ��. � �i ��w� i • • • • �''��' � �" ' ! -� • ', r� '� ! - • '� � ' �fI ''• • • •'' •` r ! � - • ,' - • � �' • . • •• ' • . •', •' •'' • 'r - � • ' • • r, � �" f a 1• f ri • ' • . �' •' � �,,- � .��'• r F' • �''• 1"t - � � � � ♦" � + ' � �'�. r '. � . •� �� • � ' r ��... � ' ��. � �.. • � .. r.: • . • � ' ..�. • ...: • � 1: + r ' ..I •' • .�. '. ' � - • '.. • .. .. • � .. . � , '�. � �' .. � ' r. �'�. • �. � ' r. �' • r � '�. �' . • � ' � ����. � • • #: � '�. .: � s' • . :� ' � ,. �', � , �' '�. � D. ENTRY. Lessor and its designees shall have the right to enter the Leased Premises upon reasonable advance notice (written ar oral) and at any reasonable times for the purposes of inspecting the Leased Premises, performing any work which Lessor elects to perform under this Lease Agreement, and exhibiting the Leased Premises for sale, lease, or mortgage. Nothing in this section shall imply any duty upon Lessor to do any work or perfarm any activity, which under any ather provision of this Lease Agreement Lessee is required to perform, and any performance by Lessor shall not constitute a waiver of any default by Lessee hereunder. 1 • • ' . Lessor hereby agrees as follows: e •• �� • . w •- • , ' • • , . � .• - - • �. s' • s- �-, � -r �- � - • . r • •,' • • •, � , - �-, -. r' • � , w • _. -# ' - , r . •' , r • -.- * . -� • -r' -. � � • - � •s � , - • • +•� • •.•- �-,-� w' • • •�- • •s • � ,, � +, •, •,• '' ' •�- '- • �, • �- ,'� � . � • . • � *-� • -� • • * -•''- :' • ' ' • r- -•. ' . �'- • , , ' • s' r. •, . - • . • r - • .- �' •�- • • .� • + �,•�- • • • . .' - • . � . � + ►, • -* •,, - . �� � r� c�e �.:, f; • ' , • • • � � � • � - -- , . ,- • , . . l � • '�. � '� '�. • '�. � �' r ' •' : � �: r ' • � ♦ r:: � �: '� � � � � . �: '�. . �:: . - � �. ��. '. : � � .. _. ��. � • .. • . �'�. #' r f' ' � � �� � � • '. '�. � f ' � � ♦ ��..'� r�.�. •�. � �:'.. • � ,.:* * ,... � . •,: � �•'.�,. '.'. �" � ,, � •, ' � '�. •, � �,. '. � ! . ' � . ..�. r * , � ' ' � � . . �- � • ', '�. • r ' � , s, ' � � ��: ' ' �� �, • . ����. � �"�. • '�. •�' ♦ r, '. •�.." � � '.' � .. •� • � •� ��.'� #�; � � '. [. � ' '. • � � �' ' • f. : r ��. • ' ! : � �. •' ; � �� " � •. '. • ' � t : � � �: ,�, ' �... '. *. r . � � ,. •,. ,.. � • ' ' • .;. r � ' �� • . f • r.: ��� • � • �. r �. ��. • '� � �. �'�. • ��. .- � ... ' � � '.. •. ... • ., •� • �. : � �� • . � �.. •� •� '�. . �:. �. �.. ���.. � ,, ,, " �,. ,'. � ' ��,. .. • .. . � - � • ..��. ! '�. •' • �. �I • " l • �.'.. • •' �: •�'�. ��. . ,. • • .'. ���. • ' t. �... �. . • ....... � � .. • " �. ' . f.'. _ ' �. � . _ . _. ,.'. * � .. '�. ���. � • �. �'�. • - �. ...' ♦ � ' - . •"�. • � J'. • •' •' . • - ... _ �... •� ,• � �`�:� ._ ' �:..." '.�..- _ � ,..,� �-�.:.t ' '.•� � • .��" ' �,..'+..'. � • f: ' • .- � •�... � . * ..'.. � . •. ��. � • �.. � • '�. • '�. • 1 �.: � V ' ,. '. - ' •�� '�. � � ! •. '. ' � r ��'. � �.. � � ' '. • ' ♦. �. � • �,. � � ,. =�.. ' . �.'. r • '� _ • ''.�r f��': • 'l ��,��� '��'�.�. • �.���. •• �.."� •.... • .�_ ��..,. •. -�....,!'�.� '�1 •I�•.�� ' •... �� •�.�: � r •��,. • � �,*.,.. ' ���.. � �� � �� ..� � � ;... ���� � �: � � ��.'�. • �. �'� • " ' -. ' �, .. � * ' '. . � . �. ' .'. �. ' _ , . �, � • .... - . ... '. •. _ _ ..I � • '� ����. '�. � • �'. �I ' �. '. � ' � �� ' '. � • � �: I • ' . �� ' -� . �' � . ����. � r : � ��. � � . �� � - � ., ��. •' : � r. : � ► ' � :' �� '. . •. .: .. � - - �.. r.. •' I � • • '�. �'�. . ' • � ". ,.. • • . '. ... . •" � ' ! �: .... ' ' � ' e. + ' ' �. ' ��.., � • ��. !� '� � . �, • • - . . _ �. � .' •... � ' !: • �. ��. • ��. � � •� ; ' � • , � ,.. B. 1�[1��[�1I�1?�v`1l N'I�4 I$C��i I.�I:r"��1- IMPROVI�N�1{:�'���, Before cammencing construction activities related to the Lessee Improvements and/or the Additianal Improvements upon the Leased Premises (the Additional Impravements and the Lessee Improvements are collectively referred to in this Lease Agreement as the 66Lease Improvements"), Lessee shall submit to Lessor: �• , � , �- . • • r- . • � -�. -s r . . � r • +' '� s . �- -• . r .�� • -w r •, . � . r • - • •- • ' • � , •�i ��,, -, -� ' , � ' � • -. ' .�• �• - . • '• . , • - .,' .r- • •, � , � •- � .r�-. . . � t r •* . .• -� • • • . , ��, 2. All plans and specifications showing the location upan the Leased Premises and Public Area, if applicable, of the proposed construction and impravements. 3. The estimated cost of such construction, No construction may commence until Lessor has approved the plans and specifications and the location of the Lease Improvements and the Public Area, if applicable, and the estimated costs of such construction. Approval by the Lessor of construction in conformity with the terms of this Lease Agreement shall nat be unreasonably withheld. :, ! " •, • '� ''• • • . � •� .' • r' � a r. �- '• -r . �s�� . • • . • • � . ' .�f' .• - • �, • •�'- . �'. � • +' . � s' • � . . � + ' !, + '�' � •. f �' � • .''• � • � �f� [, �.�:� ���; .�.� �� .*�. � •: • � �' ,"� � r • �� � �: •' � t.. s ' � ' • . ���. � . #: � •�, ' ... ! • ' , � � ' �.. , � ' . � �:. .. ,. �: .. �. •, .'. � • �. �'. '. • 2. Without limiting the provisions of Section V.B.11, Lessee shall promptly pay and discharge all costs, expenses, claims for damages or injury (including without limitation claims for personal injury or death, ar property damage or destruction, or economic loss), liens, and any and all other liabilities and obligations which arise in connection wjth such construction. Lessee shall cause each contractor performing any work or atherwise occupying the Leased Premises or Public Area and/or Airport related to the Lease Improvements or pursuant to the authority provided to Lessee hereunder, to indemnify the Lessor and ►ts officers, agents, elected officials, and employees to the same extent provided by Lessee to Lessor in Section V.B.11. � • � - � r • . . �"� . � , • •s' . • ��. • � r, -•, � + . �� •', •, ' •rs -� •� • . � . � . • ' r♦ • �- -a -� � . -a -r Without limiting the rights to Lessor provided in Section V.D, Lessor has the right and is authorized by Lessee at all times during any canstructian praject to enter upon the Leased Premises to observe the performance of such construction. Nothing contained herein shall be construed as an obligation, of any kind or type, on the part of Lessor related to the construction activities and/or to assure Lessee's compliance with the provisions of this Lease Agreement. �aag� �� 6. No later than thirty (30) days after completion of the Lease Improvements, Lessee shall submit to Lessor detailed as-built plans of the Lease Improvements and documentary evidence acceptable to Lessor evidencing the tatal cost to construct the Lease Improvements ("Cost to Construct Lease Improvements"). • � • - - • _ .� -� ' - . � + • . • . -, s • . �- � -� • -.�_� r _ � , -• • •- , • .� : . . +- - . • • • •� .' r �• + • • ' t • , . * -. - � • � � • �1 !• , '� f 111 r r,� , r • - • . . • r, • • • • +-,- . • .-. • � . • • 11 �• , '� 11 111 • • • • _� . � •, , , � � �'� r !, � � s f� ' " r . �. • .. . • � �:..., • � • �. �'�. r � •. '�. • _ .. _ ' ' �'�. �� • • ����. • '�. ' • �' • , . .. •�� �. ..' • • ..... ' .' r ' �'��.. � , •' � • ... '.. � .", s: � �' �� r • �'�. " � �' � • �� '�. �, '� I � � • �. � •' �'. � ' •. •. � ' ' �: . • f '. � ... • r. �'�. � •� '. � � �' ; '. � • #���. � . �� '�, �: � ��, • : • !� � � �� � � � • '. 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The Lessor Improvements, if any, shall remain the property of Lessor at all times during and after the expiration ar earlier termination of this Lease Agreement, •, . • -* ' �- • -r • • r • � •' . * • .+ • • • • •� -, , ' + s • . ., • •- -w' , r -• . � . - • + s + • • • �- - . • . • •'' r •' � • - • • . • • �•+ '• � • � • r . • • -, � . - t • + • -� �- • - -�, • • , -� � -• . • • •� • • -. - • + '• • . -, - .+ - • • . �-. •-. �.• • '� • • • • ��.� ♦.. R ♦�.. ♦ I' � �... � '.. � �� � . ',. � s. �... . � � �.. ,. � �..... ... .'. * , .. G,: � ' � .. � * � ��.. . ��... � . � � � ��� � - ��: �. ���. � ♦ . � � �. ' # �. . • • '.. . " , . � : � �,...'. � '. � '�. . .. ._. r # •: : � ' .. ' ' *.. � # . .. ' " .. .. �.. . ' �� • ��. �.. • " • ��� '.. � • '.. •�. ' ♦ �, .,. ' '. . .. # ' ' . _ � _.. - ��. : � • •�.. ♦ � �� �, ' F� '. " •��'�: '.:� �� ' •'�.:'. r�'. • •�.'..�� ,#�',. •,.. . ,.. �: �' - �... 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" '. ... • +�, ' ' ' � r • 1' � ' � � • � ��. '�. • ' '�. � • •�'�. � �. ! • �'�. � � �� r� � �.. � '� '.. • - f'�. ! �' � • r ... , !�. � •�. : ' � • �.... ' � �' �� � � �."' • .. •' . '�.. r � �. ; � • � .. '. � i !�. ... �... • � ' l'� � # • �'�. • I. � . i, � ,, ` � � � ` � � ', c' � � ' • •. ! � 1 • •' . •' � • � • • •' • -• � �• •' '� • i �- • • . •'' "� • ' - ' �� ' *'' �' *, � �. - a; � - .. ., �. , �.. 11 - 1'ag� 19 �'� � • �", • • ' . � • '• • .' • '. � + - - .' � ' � R r ��. • '��. � y �'� • • " � ' �' 1 ' i . ��' - � ' ' .' '! , ' �' �' -� • � � • -� � • •- r' . • , . � ' ' �,�', '�, • • �' ! 7" � • �" • •' •�: ���.:. • .... _�....rM � _. - � . ..: • �.��: ' ��'"'� . •';- f�'.'� 1 i .�• • • -- .� • .� - �� ' � �' * '� ■ ' � • .' • •' f + �' •, -• • �" ' # ' ', '�. • • " ' � ���. # • r . � '. ' • � ' ..'. ♦ • • '.. �: * �' * � � I • •�� �'�. ' � ' �, Ir ♦.. � �'�. ! . � � • # � ' - � ., ..: ' w.. �� - �: �'. ' • " • • �. : • •�� : . _ � '. ■ � • �:: - ... • , �'�. ! �': • � ' '-' � • • �'.. !. ' �. ' '�. • ', ���. � ' " • • �"" �� ; #' '. � . /: � � . ,. * ' ' � ' �.: ' �'� � . #�''�. ' •��. � � ' � ' �: 1 i .�• • •f ' '• + * '� _� � - • • s � '• � Y' •.:� ' •�. � - #�: +: ��. �' #���. � ��... • � �', �. ��'', '•, •' � � !� "' • • 'f � - '� - " �' + ' •*'" * !, -* � ' � - �, � . _�' � • . �� . . � �,�' � - - • ♦' * � • � . # • ' 1' ! ' l'• • ' • - � � _ • ' s • ' �' •' s �' �' � r ' � • ' ! _� _ • r _• _ _ -' . F. •' _ • � ," . �: ! ' � �� ' � �'' �� • • , � •'� � � � . ��.' * '. .. � i ' �' •� �.�.. � r�. � � �'�. r � •�� �'�. • �' � ' • f.;.. ' 4 ��. •�. �. i • �' • �" ' • • f" # 1', * I + • . �' •'I "�; • � •', � •'' ! ��.. • �: � �.... � � � . : • � < � � .. • �• 11 � - , • • . � • �'�. ^� . s' , # �� � �. ���. f ' ' • : ' w " ��. �'�. ! • �'�. r � ��.... • ��. � '. ���. � � ': �. " � " •�. � � � •' �� '. *: � •..'.. � •��. • �.. . . :..: • i' . Y� • '.. •� � ' * • s: ��. �' �"� 1 i .�• - • � • ,"'� •, " • ���. �' � �: ! r � �. � • � '�, �' ♦ - ' M ! .. _ � Y ' • • � " ' � �' *' �: � : �► "; : :i�[�1�1 A. 1�1:� l.all�l�:�� IiJ��_.�1�r1N�`�;. Regardless of the activities contemplated under this Lease Agreement, Lessee shall maintain cant►nuously in effect at all times during the term of this Lease Agreement, at Lessee's sole expense, the follawing minimum insurance caverage: • . - �� • � � t .+- � ♦-�- �- • , . • . � •r- . •' • ' •• ' • - .•- , r- . • • . "� 111 !11 �- • - . . . . �-� • - ,•- • r - s.- . • , r s , ., � � .s •. • s' - r • - ,._ * . •• • � - -. •.- . • � • • • ',• - � �- � • r • •�- #. .*- � - • ' •. ' t •�- • . • �',-� �- '1�A� '• . • ' •. • + • , • #. ' ��_ ',• . .', � 'f • •' -�' • `r '� � . . f� • '., � �'' • 'wl � - �� ' / • ' � + ' �. ��-� : • � �. '�. • •' " � • '�, �' • �I '�. � � �, . � - '�.. ! f�. ' •� '�. � • •'.�....• . •��'�.�•�".,..� • ,"� • �� • i. �' • ��. ! i '.. r • �'� • '� . � ' ... !' '�. � � '. '�.. • � �.: ' � .. ' + •, .. �. ... . • '�. �'� � �,'' ♦ • ... f ��. : ' � ,� � ��.. For operation in aircraft movement areas the limit of liability shall be $100,000 per occurrence. For other operations the limit of liability shall be cansistent with the amount set by State Lawo I: �!� '• .' � .. ,�« •, • .�• -� + • ,•- • • • . -. .r - •. • • + • �+ + • .. -� • . ! ' • .+- � � •- � • � - • .. •- • - .•- s -•. , - � - ,.- �, • �. .• ' � . - • • . . - . 'a ' . ' . . � _ • • '� 111 111 .- • • �- • ,*- , r .r .�� • ' +- ,. . ; , • • '�'!1 1f1 .- •- • •-, • .- •- . • w-� • . '- .' •� • , + • . .• • r '� 111 111 .- • - • .- ' • - .+- . • .• ' - _-, ,• . • • �'11 !11 .- ,- • .- r,, ,- . . .�, �� z. a. Student/Renter Liability covering all users in the amount of $500,000 per occurrence. t �-, . -� • - . ; � ; •r � : --� + . � � ��. � s. �' • � • '. �' � r .. � ��. •� � � � � �� r ' s. '. , ! .. •' � + f . �, � �I .. . .. s, . �. s. . • . � • ": . _.. f '.. � � • ' �. ' • . '. I. • �' �. : • • '. ^ . •� � '� 111 !11 �- • - • �- • - .+- . � .• .�• • '. •- ,. . • • '� 11111 �- •- • �- �. +- -. ,' �' r'• w"� ' ! .�'` �' • �'�,� ' ' �' ,� r '• • i '�;�� ��� �" • • �' • - ��,' . � s .� ..� � � •�'� '�. , ��. � " " � ' .. � •' '�. • . f �'�. i �"�� � � �' � ' • �. ���. � ��. '�. • ' • '.. � f � # ' !: The requirement for Hangar Keepers Liability shall not apply to individual owner/operators whose primary use of the hangar space is the storage of their own aircraft. The requ►rement does not apply ta such individuals notwithstanding the fact that they may, from time to time, permit the storage of non-owned aircraft in the hangar space and charge a fee for the storage af such aircraft so lang as such use is in the nature of a rent-sharing agreement rather than a commercial aircraft storage business. C. C`C��lt��.���:il� ����:�L.1,���EMENTS. All insurance coverage shall comply with the following requirements; ' ' .� •• . �- - �• -�' • �- • �- • . � • . � • • . � � t ' • ,' `� ' ' • • �' ' •• ' . �- . �� -� • • �- • , r •. . -s -� - •s � • �- � . • 1 r. i • • • . • • � , ._ �, . �� • ' . -• -� � -. ' � �- -r � , • •. • • '•. • r' � . r .�-s . - . . �s � . '� , • -�I • r• � • ' �• � - ,� . • . � .�� • ', • • - � ' ..- r .�-• . • • r s r•- • . ��• r � • �, 3. Required insurance naming the City as an additional insured must be primary insurance and not contributing with any other insurance available to the City whether from a third party liability policy or other. Said limits of insurance shall in no way limit the liability of the Lessee hereunder. 4. The Lessar shall be provided w►th a copy of all such policies and renewal certificates, Failure of Lessee to comply with the minimum specified amounts or types of insurance as required by Lessor shall constitute Lessee's default of this Lease Agreement. 5, During the Lease Term, or any extension thereof, Lessor herein reserves the right to, with one hundred twenty (120) days natice, adjust or increase the liability insurance amounts required of the Lessee, and to require any additional rider, endorsement, provisions, or certificates of insurance, and Lessee hereby agrees to provide any such insurance requirements as may be required by Lessar, � � : � � • '' . ;� � . , � ; • � - , r -• , •. - • - • + , + ' + • - +' '• • • ' Failure of Lessee (i} to pay any installment of rent or any other sum payable ta Lessor hereunder; or (ii) to pay or cause to be paid ad valorem taxes, utilities or insurance premiums, or any other payment which Lessee is to malce under this Lease Agreement, on the date that same is due and such failure shall continue for a period of thirty (30) days after the date on which such payment is due; �- r, • .��' • • • s - .��• • •� . • ♦ �� • • • . • s -„ -� ' - • ' • r . �, ' s � . . .. _ . . + ♦ •- � c� • • • . • . • • �- . ,�• .• - �, r' .� . • • • • . . • • -. 3. A court having jurisdiction of or over the Leased Premises or Lessee shall enter a decree ar order for relief in respect of Lessee in any case ar proceeding under any applicable bankruptcy, rehabilitation, insolvency, or other similar law naw or hereafter in effect, or appointing a recerver, tr�stee, custodian, intervenor, liquidator, or other similar official for Lessee, the Leased Premises, or all or a substantial part of Lessee's assets, or ordering the winding up or liquidatian of Lessee's affairs and such decree ar order shall remain unstayed and in effect for a period of s►xty (60) consecutive days; 4. Lessee shall make a transfer in fraud of creditors; 5. Abandonment or cessation of use of the Leased Premises for the purposes leased by Lessee, as provided herein, for a period of thirty (30) consecutive days; or 6. Lessee fails to punctually and properly perform, keep or observe any of the terms, covenants, agreements, or canditions herein contained and such failure shall not be cured within ninety (90) days after written notice thereof to Lessee, unless a shorter notice period, or no requirement of notice, is otherwise specifically prescribed herein. }=�ae 23 !, l'� �� l, � �� � , �� � , '�. � 1 � ! �-' � • �- �, r- • • .�� .� � • �; f- �t • • �'� ' - � * '- - .�� , � - ' # . #' " ' - ' � '. ' ' . . • �.�. � � � . •. - .�. `'�. ' � f., �. � �. � � _. . � , � '���" � r - �.� ' - • �. ! * � �.,. ���. '. :..., � . � # ` • � � . �'. � :� � " ' f � ' � .;. � R � ' '. ' �,�.. ! ' ' � . � _ � ..����... .. ... � ' .. # ' �. �,,, ' '.. " �� . .� " �� � , � " ! •#���� r ��, � �' - � " ��. �'�. r • �...: •� ' ' � .. _ • � ' ' �. ' �,.. �,. � ... *, �.. ' _ � ' -. 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' � , ..; � ' ' �, ' ' '. � �.; �.. � .... * , _ . �. * �. ., � . �, - .,'.. � �,'... •' ���,.: .. � �'�. � ' � � �' ,� � ' ' � � ..: '�. � . �: ...:. ! �- � ♦ � IN WITNESS WHEREOF, the parties have executed this Lease Agreement as of the Effective Date first above written. � 1 • . �• BY: 6�.�.� .. TODD HILEMAN CITY MANAGER ATTEST: JENNIFER WALTERS, CITY SECRETARY �� �` � � BY: ��� ��.� � 9 ,. AP1' )VED AS TO LEGAL FORM: AARON LEAL, INTERIM CITY ATTORNEY �-�� ,._.�.� ��" �� {�+ ,� i , � B ��.�"'��` �.,... � �� - _ ACKNOWLEDGMENTS THE STATE OF TEXAS CK�ii ► Ilfl��3�7!]�1�►IIC�I�►I � This instrument was acknowledged before me on the ��`�� �lay of , 2017_, by Todd Hileman, City Manager of the City of Denton, Texas, on l��l�.tlf of ,;' iti municipality. ��� � � �. � � �,� .��������`��� � ��r�� a��S� �-:;x��� # =yPa( s�^r@4.1 ��1��;t'�dF�:v �� S�'��''i �',�' ,�. � �"��:��v�, ��� 9� ���'�q�i�� � i � " ���:.�-�,�� � ��u� � � � ��:��;� �a� � w _ � �� �;�, °�,�-��, �.,,�;� �; �� � �` �.. '� �, .-�-� � _ ` N[ `Ca E Y 1'� fe�[,]C, STA�i'(�: OF � i?�,�� . �r Page 29 � � • 1� • , GAhangars, LLC BY � � � � ��`-�' �, ���.. �.�__-�.� �.,.e_ � �1�`� 1 lt� �` ��it%�`�' 7`t_�Ni I �1� `��. �.m. MANAGING MEMBER • . � This instrument was acknowledged befare me on the Zd day of a� u( y , 2017 by _��._._.�. � � �r .� + �• • �- * , � . ., � �. �_�. . � � �h�r�` ����"aF. 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