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08 - Airport Ground Lease Agreement with Larry Ervin - Hangar P
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08 - Airport Ground Lease Agreement with Larry Ervin - Hangar P
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AGENDA
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WJ er to comply with legal requirements,, shall not T��tuire submi�.,_% Morww,4 <br />plans and specifications. <br />10. The approval by LESSOR of any plans and specifications refers only to the conformity of such <br />plans and specifications to th%aeneral archite _V'AfMftT IGO-MM01M�_ <br />ztwtq <br />all applicable codes and ordinances, and such approval shall not be withheld unreasonably, Such <br />�,Ians and specifications are not approved for architectural ginveria <br />such plans and specifications LESSOR assumes no liability o responsibility therefor or f y <br />T or an <br />fefect in any structure constructed from such plans or specifications, <br />11. Construction of improvements shall be conducted in full conformance with the City's Building <br />Codes and other pertinent ordinances, includinq!�- - - <br />"AMMY77TA"uministration ana 1'exas AepaTtment <br />of Transportation standards and requirements. <br />12. Any and all improvements constructed shall be consistent with the purposes provided for in this <br />AGREEMENT and contribute to furthering the City of Paris's Airport Master Plan or airport <br />development objectives. <br />13. LESSEE shall require all contractors and sub -contractors to maintain general commerci <br />liability and workers' compensation insurance, or in lieu thereof provide such coverage itself I <br />14. All improvements shall be substantially complete within eighteen (18) months of execution of <br />AGREEMENT. Failure to timely complete construction of the hangar shall be considered a breach <br />of the lease ayZeement and subiect the fte_n_an4w1.,&_%YA 2t cznutU� <br />- 19q � 1_1�r _&i <br />IM �_ I MM -h-W <br />termination. In the event that construction has commenced, but will not be completed in a timely <br />manner, LESSEE may apply to LESSOR for an extension of time, said application to include an <br />zpproved construction timing plan. LESSOR is under no obligation to grant the extension in the <br />?bsence of the valid excuse, but such extension will not be unreasonably withheld. <br />15. LESSEE shall provide as -built yJ�an�vWW <br />k� f <br />this AGREEMENT. <br />16. LESSEE shall not erect, paint upon, attach, exhibit or display in, on, or about said leas <br />premises any sign without the prior written consent of LESSOR. I. <br />17. All permanent building and improvements placed upon the ]eased premises by LESSEE sh <br />become the ad property of LESSEE, and will be classified for ad valorem tax purposes as prop <br />belonging to LESSEE; provided, however. that LESSOV-4g.- - <br />
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