O-1976-1052 - Laserfiche WebLink

Browse Search

... - . . ~ " e e , ~ 'I " ,~ THE STATE OF TEXAS X X eOUNTY OF HARRIS X AIRPORT LEASE AGREEMENT This AGREEMENT ma~e and ent,ered into by and between the CITY OF LA PORTE, TEXAS, a municipal corp~ration of Harris eounty, Texas, hereinafter called "LESSOR, II and GREGORY AVIATION, a co-partnership" co~posed of ROBERT A. 'GRE(,~RY and' JAMES M. WILLIAMS, 'of Harris eounty, Texi;ls, hereinafter called ,IILESSEE," 'W I T N E SSE T H: That the Parties hereto, for and in. consideration of the premises, and the rents,' covenants and !igreements contained herein, agree as follows: I. LESSOR hereby leases a;nd rents to LESSEE, " the following described portion of the eity of La Porte Municipal Airport, ,; hereinafter referred to simply 'as "Airport," the boundaries of said leased port~on being, as shown on the surveyor's plat thereof, attached hereto as Exhibit nAil, incorporated by reference herein, and made a part hereof for all pu~poses;, and being more particu- larly 'described by metes and bounds o~ Exhi~i t ~'B", a ttached h~reto, " incorporated by reference her.ein,' and made, a .part hereof for all purposes. II. The term of this lease is for a period' of twenty (20) years beginning on the 1st day of January, 1977, and ending on the 31st day of December, 1996. Upon the expiration date of this lease, no notice to quit possession'shall be necessary, and LESSEE covenants, to peaceably surrender p~ssession of the premises to LESSOR on that date. III. As rent for.the use and occupancy of. the leased pr~mises, LESSEE hereby agrees, binds and obligates itself ~o pay ,unto