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<br />DRAFT
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<br />F:A TTORNEY\RESWORK\CURRENT\ Mark Buster Assign Lease Res
<br />January 4, 2006
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<br />RESOLUTION NO.
<br />
<br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS,
<br />PARIS, TEXAS, APPROVING AND AUTHORIZING THE EXECUTION OF
<br />ASSIGNMENT OF LEASE BETWEEN MARK BUSTER AND THE CITY OF
<br />PARIS FOR PROPERTY AT COX FIELD AIRPORT TO AIR DIRECT, LLC;
<br />MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE
<br />SUBJECT; AND DECLARING AN EFFECTIVE DATE.
<br />
<br />WHEREAS, the City Council of the City of Paris did heretofore, on the 9th day of October,
<br />1995, in Resolution No. 113, authorize the execution of a Lease Agreement with Mark Buster for
<br />property at Cox Field Airport for a term of Thirty-Five (35) years, beginning October 15, 1995, and
<br />ending October 14, 2030; and,
<br />
<br />WHEREAS, Mark Buster has expressed his desire to assign said lease to Air Direct, LLC,
<br />and David Jones, Managing Member of Air Direct, LLC, has expressed his desire to accept such
<br />assignment; and,
<br />
<br />WHEREAS, the form of the Assignment of Lease from Mark Buster to Air Direct, LLC,
<br />attached hereto as Exhibit A, should, in all things be approved, and the City Manager, should be
<br />authorized to acknowledge approval of said assignment by signing the same; NOW, THEREFORE,
<br />
<br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS,
<br />TEXAS:
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<br />Section 1. That the findings set out in the preamble to this resolution are hereby in all things
<br />approved.
<br />
<br />Section 2. That the form of the Assignment of Lease from Mark Buster to Air Direct, LLC,
<br />attached hereto as Exhibit A, for property at Cox Field Airport, be, and the same is hereby, approved.
<br />
<br />Section 3. That the City Manager be, and he is hereby, authorized and directed to
<br />acknowledge approval, on behalf of the City of Paris, of the Assignment of Lease from Mark Buster
<br />to Air Direct, LLC by signing the same in the form shown in Exhibit A, attached hereto.
<br />
<br />Section 4. That this resolution shall be effective from and after its date of passage.
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<br />PASSED AND ADOPTED this 9th day of January, 2006.
<br />
<br />Curtis Fendley, Mayor
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