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<br />opportunity to sign the lease, and the opportunity for Progressive Marketing to approve said lease <br />expired; and, <br /> <br />WHEREAS, during said interim period of time, the airplane owned by Progressive <br />Marketing was repossessed by a security lien holder, who paid the City the required $1,500.00 per <br />month for rental of the hangar on a month-to-month basis pending removal of the aircraft and other <br />aircraft located therein; and, <br /> <br />WHEREAS, although the City has received substantial compensation over that received <br />under the previous lease, the City Council deems it appropriate to again seek bids for a long-term <br />tenant for the facility consistent with the long-term goals and services necessary to operation of the <br />airport; and, <br /> <br />WHEREAS, for the growth and safety of the Cox Field Airport, it is further deemed <br />appropriate that such hanger be a working hangar as opposed to a storage hanger, providing an <br />Airframe and Power Plant Mechanic with an inspection authorization; NOW, THEREFORE, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, <br />TEXAS: <br /> <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 lease for Hangar H at Cox Field Airport be advertised for bids on the <br />basis of such plans and specifications as the City staff shall deem appropriate, such bids to be <br />received after due notice at the office of the City Manager of the City of Paris, City Hall, 135 1st <br />Street S.E., Paris, Texas 75460, until 3:00 o'clock p.m. on Tuesday, March 6, 2001, at which time <br />said bids will be opened in the City Council Chamber, City Hall, 135 1st Street S.E., Paris, Lamar <br />County, Texas, and bids will be tabulated and presented to the City Council on the 12th day of <br />March,2001. <br /> <br />Section 3. That the bid specifications for Hangar H include as a requirement that such <br />hanger be a working hangar as opposed to a storage hanger, providing an Airframe and Power Plant <br />Mechanic with an inspection authorization. <br /> <br />Section 4. That this resolution shall be effective from and after its date of passage. <br /> <br />PASSED AND ADOPTED this 12th day of February, 2001. <br /> <br />