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18-834s:`�I€�g�l\aur docurrients�ordiriances\1$\�etersen hang�rs lease assi�nment.dac �', � � ' * 1� :� � , � �' � � � � � ; � � � � ' � ,� ' �� * �' � � � a �, i i � '� f �� � a, .� �; I y . � � � �„ R � ; � � � � �; � � � . � l '�. � � f �. ` � `�. � `' . 4 �. '. I • f � ` . � � ` � ` `. • r ,... i .��� � �, . . _ � - , � ���� .� _ _ . . .. . . . - . � !- � � • � �� � �� . WHEREAS, on September 11, 2015, JVC Real Estate L.L.C. assigned its interest in the Lease ta Petersen Hangars, LLC ("Assignor"}; and • �. . � . �� . --. �fi , . . . ., �• • �. . � �! � .. � . . .��# � _ .. - . ., � '.� . , � � • i ��;♦ � ` ���� � ' � ��'� � .� �, � � � • '� � . �� r � ! #" ' � �.. . � . � � � � •� • •� ' ♦i' ! ` � � � � � � �, _ � . � � � . , � � �� � � . �,, .� � *, ` ♦ " . ' • � ► 4�� �'�� ` � � � � � ,� � ', �# � '. � �'.,. � �� � �� � R�.... , � .. � ' � ` � i � `�' ` `�' i ' �'' � � � � . �, ��, . .�. . . . � . � ` ! �, . . . � . � . � � . # . � . �, - ,� I �� � 4 f` � . . � ` ' 1 ` ` � ,, � ♦ � ` '�� i � ' � " ` ♦ r. ..: � � s ! ! ` i . `� � � � .. � �. • � s� R,.. 4 • SECTION 3. This Ordinance shall become effective immediately upon its passage and approval. The motion to c�lw�p�i°�� �� � this ordinance was made by ___ _��D_ _ m�e U i- _____ d seconded by ��,7 ��:.��� �����,��� LL, the ordinance was passe an approved by the following vote � �� ` J: � Aye Nay Abstain Absent Chris Watts, Mayor: J Gerard Hudspeth, District 1: �_ Keely Briggs, District 2: � Don Duff, District 3: John Ryan, District 4: 1� _ ............................. Dalton Gregory, At Large Place 5: ✓ Paul Meltzer, At Large Place 6: V PASSED AND APPROVED this the �� day of ATTEST: JENNIFER WALTERS, CITY SECRETARY I: APPROVED AS TO LEGAL FORM: AARON LEAL, CITY ATTORNEY .. ��m �� � �� o e �� �� , � � � ��,w�.��..„ .�.���°"�ir� � �w��� � ��"� � � ����,�,�,�,,,.��..,�.,,^�� BY: ��. - .. ��.m. � � ...� ..... ........._._._ 2018. CHRIS "�UATTS, MAYOR � LEASE ASSIGNMENT OF PAD SITE AT 47369 & 4650 CLEAR STAR DENTON ENTERPRISE AIRPORT DATE : May 22, 2018 AS3IGNOR : Petersen Hangar, LLC ASSIGNEE : Mark Hicks Transport, LLC LEASE ASSIGNMENT: Date: September 21, 2004 First Amendment, February 21, 2012 Landlord: City of Denton • Tenant: Petersen Hangars, LLC Properry: 4736 & 4650 Clear Star Approved by City of Denton ordinance 2004-285, 2012-038 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 its present "as is" condition. 3. Complete all obligations of purchase from Assignor prior to this assignment becoming effective. B. Landlord consents to this assignment: 1, Landlord agrees that following assignment, it shall look solely to assignee for following ofthe lease obligations. C. Assignor egrees that: 1. Assignor confrms that the land lease and hangar ownership with respect to the Property at Petersen Hangars, LLC is to be transferred to Mark Hicks Transport, LLC. 2. Assignor will pay or will cause the Assignee to pay to Landlord a$500 transfer fee, PREVIOUS ASSIGNMENTS: 1, 4736 Lockheed Associates Ltd, dated July 25, 2006 2. Petersen Hangar LLC, dated September 4, 2015, certified by City of Denton on September 11, 2015 3. Mark Hicks Transport, LLC, dated May 22, 2018 Assignee: Consent: Mark k�'� r�r����r��,p LLC �, City of Denton, Landlord � a �� � �I�� � � u„�"�,.�. _ d �... . �� O� �. �. ,,,u � � � .�. �..,,.�.�._.�..d��aWW.m. � � �� � �� Mark H�cks, M'�a���� Todd Hil eman, City Manager Assignor: Petersen I-Iangar LLC ����. �„���, �� ���� .so� �� � �� � � „� � � � .w��, „� �� ���� � � �� �� � � � �....�... ti ,.�..s.�m. ��� � ... � �. .�� �,� -- Shawn Petersen, Manager Approved As To Legal Form: ,�, . ,,� � �i �.�.�..�..��...._,.,_ . �..����� �WM � Aaron Leal, City Attorney STATE OF TEXAS COUNTY OF DENTON Attest: This instrument was acknowledged before me on the �'� day of w mm� � � � 2C) ����� by Petersen Hangar, LLC, Shawn Petersen, Manager. � � ,����o����� � �� [SEAL] �nrv�ro��,���,� w���� ������� '�������.., �� ���� ��� � � �� , ���� � �� �� �'� ������� ���IV���� ������� � w� �'����� ��� � �� �*��' �^��u��m. ���^diP��� ��-����� ��'�� "� wr �m' � ������� �������I� ����������� � t�� �a�������������� .�. ���w�W�o��i��i:. . Notary Public, State �rf l �.��s My Commission Ex�ur�� ww� ��� ��� (or Notary Stamp) STATE OF TEXAS COUNTY OF DENTON � �����wy � � � This im��t�� �r����a� was acknowledged before me on the ��� day �a ��"_; '�(b�„� , by Mark Hicks Transport�� ��"., Mark Hicks, Manager. � . ��. ��t:a��j.,� � �� ra���, ��h�^4�" ���1���"�WVT�� �� *w� MY C^�6;'��hrtll���f��� ����'Yi�E�.� ��� -.� � ` pctober 27, 2018 � ,�,� � ���_ ,�a��• � ; �..w�� �� � STATE OF TEXAS COUNTY OF DENTON Notary Aublic, State cr�""�" � �, ^�� �„ �„ My Commission Expires��������„ q� � � (or Notary Stamp) This instrument was acknowled ed before me on tl � �""�a of u �� �� � 20��°�by Todd Hileman on g �. Y behalf the City of Denton, Texas, a municipal corporation. Notary Public, State ��"1"cas�� My Commission Ex�r7 �.��'�" ' � � � (or Notary Stamp)