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<br />--- <br />-----------. <br /> <br />.. <br /> <br />-' <br /> <br />-2- <br /> <br />.. <br /> <br />batvreen the 9c.r1:iies that a.:o;r per.lllanent improvef.'l.ents erected on the field by the <br />,~ Lassoes sh~11 be tho )roperty of the Lessees. It is further agreed that the City <br />: e' <br />will Mve t:'. first option to purohOi.se s!\id improvements from the Leseee~ Q For tho <br />'-~-"",,' <br /> <br />pl:Lrpose of arriving IT!: the value of suoh improvEmlents for sale purposes D '\';he <br /> <br />Lc~ssees Iilnd. the City shall eo.ch select an arbiter, o.nd such two arbitors sho.ll <br /> <br />s"lect u third, und f;uch three arbiters ehnU o.gree upon a. purchase and i3:l.1e prioe <br /> <br />for sOoid improvea:o.antEio If the City does nab exercise its option. to pi.lrohOose said <br /> <br />improvements, the Leusees shall have the right to sell sa.id improvements to o'l:ihar <br /> <br />:pc.rties. /Sny expenrsos inoident to the oonduct of suoh o.rbitro.tion shull be borne <br /> <br />elquD.lly by 1m.a lesseoa o..M the City. <br /> <br />Seotion 3. This Ordinance ~d the options granted hereby sha.ll inure to the <br /> <br />l>enefit of the sa.id :1ou-Port Aviation. Inc., the present owner and holder of said <br /> <br />/'~ <br />:e <br /> <br />lea.se. <br /> <br />....., <br /> <br />Section 4. .M, tl:e City does not have any rule or Ordinanoe requir:i.i.'l$ Crdin- <br /> <br />ances to be rea.d at more than one meetine;, or that same be pa.ssed on mora than one <br /> <br />rending, this Ordini'm-ee almll became effective immedia.tely upon its pa.GfHlgeo <br />Passed and approved this the 3rd da.v of ~. A. D. 191.,B. <br /> <br /> <br />~~frIk-~%ne <br /> <br />e <br /> <br />,---'. <br /> <br />,.r----.., , <br />,a, <br />. <br /> <br />.""'.... . <br />