2001-168-RES APPROVING/ADOPTING LEASE POLICY AND MASTER LEASE AGREEMENT FOR ALLFUTURE PRIVATE HANGAR LEASES AT COX FIELD AIRPORT

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RESOLUTION NO. 2001-168 AN RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS, APPROVING AND ADOPTING A LEASE POLICY AND MASTER LEASE AGREEMENT FOR ALL FUTURE PRIVATE HANGAR LEASES AT COX FIELD AIRPORT; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Paris did heretofore direct the City Attorney to conduct a survey of various airports around Texas to determine their various methods of operation, hangar rentals, and leasing policies, among other things; and, WHEREAS, said survey was submitted to the Airport Advisory Board for review and recommendation; and, WHEREAS, the City Council of the City of Paris did heretofore, on August 13, 2001, based on the results of said survey and the recommendations of the Airport Advisory Board, direct the Legal Department to prepare a lease policy and master lease agreement for all future private hangar leases at Cox Field Airport; and, WHEREAS, the form of the Lease Policy and Master Lease Agreement, attached hereto as Exhibit A, should, in all things, be approved and adopted; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS: Section 1. That the findings set out in the preamble to this resolution are hereby in all things approved. Section 2. That the Lease Policy and Master Lease Agreement attached hereto as Exhibit A be, and the same is hereby, approved and adopted. Section 3. That this resolution shall be effective from and after its date of passage. PASSED AND APPROVED this 4th day of October, 2001.