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07-C Mark Buster Lease Assignment
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07-C Mark Buster Lease Assignment
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Last modified
1/5/2006 9:40:00 AM
Creation date
1/5/2006 9:39:23 AM
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Template:
AGENDA
Item Number
07-C
AGENDA - Type
RESOLUTION
Description
Assignment of Airport Lease from Mark Buster
AGENDA - Date
1/9/2006
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<br />ASSIGNMENT OF LEASE <br /> <br />STATE OF TEXAS <br /> <br />~ <br />~ <br />~ <br /> <br />KNOW ALL MEN BY THESE PRESENTS: <br /> <br />COUNTY OF LAMAR <br /> <br />I, Mark Buster, of Paris, Lamar County, Texas, for and in consideration of the sum of <br /> <br />TEN AND NO/lOO DOLLARS ($10.00) and other good and valuable consideration to me in <br /> <br />hand paid by Air Direct, LLC of Lamar County, Texas, the receipt and sufficiency of which is <br /> <br />hereby acknowledged, do hereby assign, transfer, and convey unto Air Direct, LLC that portion <br /> <br />of Cox Field Airport shown on Exhibit A to the Lease Agreement dated October 9, 1995, by and <br /> <br />between the City of Paris, Paris, Texas, and Mark Buster, a copy of which is attached hereto as <br /> <br />Exhibit A, together will all of my rights, obligations, and responsibilities thereunder. <br /> <br />To have and to hold the described property for and during the remainder of the term of <br /> <br />said lease attached hereto as Exhibit A. <br /> <br />EXECUTED this _ day of January, 2006. <br /> <br />Mark Buster <br /> <br />ACCEPTANCE OF ASSIGNMENT <br /> <br />I, David Jones, Managing Member of Air Direct, LLC, Assignee in the above <br />assignment, do hereby covenant and agree to assume and accept the obligations and <br />responsibilities of Assignor above under the above-referenced lease agreement attached hereto <br />as Exhibit A. <br /> <br />David Jones, Managing Member <br />Air Direct, LLC <br /> <br />EXHIBIT A.. <br /> <br />w.r <br />
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