1993-01-11 Regular Meeting - Laserfiche WebLink

Browse Search

• AGREEMENT AND LEASE FOR FIXED BASE OPERATIONS FOR CITY OF LA PORTE MUNICIPAL AIRPORT THIS AGREEMENT AND LEASE, made and entered into this 1st day of January, 1993, by and between the City of La Porte, a municipal corporation organized and existing under the laws of the State of Texas, hereinafter referred to as "Lessor" and Gulf Central Aviation, Inc., a corporation organized and existing under the laws of the State of Texas, hereinafter referred to as "Lessee." W I T N E S S E T H: WHEREAS, the Lessor controls and operates an airport known as La Porte Municipal Airport, located in the City of La Porte, State of Texas, which airport and any additions or improvements thereto or changes therein which the Lessor hereafter makes or authorizes are hereinafter collectively referred to as the "Airport", and, WHEREAS, the parties hereto desire to enter into an Agreement and Lease for the use of premises and facilities at the Airport all as more fully hereinafter set forth. NOW, THEREFORE, for and in consideration of the mutual covenants and agreements herein contained, the Lessor and the Lessee do hereby mutually undertake, promise and agree, each for itself and its successors and assigns, as follows: ARTICLE I - TERM OF AGREEMENT The term of this Agreement and Lease shall be for the period commencing January 1, 1993, and terminating December 31, 2013, unless sooner terminated as hereinafter provided. ARTICLE II - LEASED PREMISES AND FACILITIES 1. The Lessor, in consideration of the compensation and sundry covenants and agreements set forth herein to be kept and performed by the Lessee, does hereby, and by these presents, demise and lease unto the Lessee, upon the conditions hereinafter set forth, all of which the Lessee accepts, the exclusive use and occupancy of the Leased Premises, to -wit: Property at La Porte Municipal Airport, consisting of 3.6065 acres, more or less, identified as "Fixed Base Operator Area" on Exhibit "A" attached hereto and made a part of this Agreement. The location and boundaries of said Leased Premises, as indicated on Exhibit "A", attached hereto, are stipulated and agreed between