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28.Hangar lease assignment from Bill Boothe
City-of-Paris
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28.Hangar lease assignment from Bill Boothe
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2/24/2012 6:18:13 PM
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CITY CLERK
Doc Name
28
Doc Type
Agenda
CITY CLERK - Date
2/27/2012
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<br /> <br /> <br /> <br /> LESSEE shall be entitled during the term of this Lease to remove from the leased premises, or any <br /> part thereof, all aircraft, tools, machinery, equipment, and non-structural improvements located <br /> <br /> thereon; provided, however, that all buildings from which any property is so removed shall be <br /> restored by LESSEE in such a manner that the buildings are not materially damaged (i.e., restored <br /> <br /> to same condition that existed before installation or placement of the property) and that those items <br /> removed are not required in order for the structure to be utilized as a hangar. LESSEE shall <br /> <br /> remove all equipment, fixtures, and systems (as specified in this Lease) upon termination or <br /> expiration of this Lease. If LESSEE fails to remove such property from the leased premises upon <br /> <br /> termination or expiration of this Lease, then LESSOR retains the right to remove or have removed <br /> at the expense of LESSEE all equipment, fixtures, and systems, and LESSEE agrees to pay <br /> <br /> LESSOR for such expense within fifteen (15) days after receipt of an invoice from LESSOR. <br /> 6. That, except as otherwise provided herein, LESSEE will use the leased premises <br /> <br /> only for aviation purposes, and administrative offices, and in any lawful manner necessary or <br /> incidental to the conduct thereof. <br /> <br /> 7. LESSOR hereby grants, assigns, and conveys to LESSEE reasonable non-exclusive, <br /> non-discriminatory use, as defined by the FAA, of the runways, landing and taxiing ways, and <br /> <br /> common use portions of the Airport and related facilities at all times, subject, however, to the right <br /> of others entitled to use thereof. The LESSEE shall pay reasonable and customary fees, if any, for <br /> <br /> the use of such portions of the Airport. <br /> 8. The LESSOR reserves for the use and benefit of the public a right of flight for the <br /> <br /> passage of aircraft in the airspace over the leased premises and for such noise as may be inherent in <br /> the operation of aircraft in said airspace, and for landing on, taking off from or operating on the <br /> <br /> Airport. <br /> 9. That LESSEE agrees not to make any additions or modifications to the leased <br /> <br /> premises or improvements unless agreed upon by both parties in writing and following review and <br /> approval of the additions or modifications by the City Engineer and City Building Official or <br /> <br /> authorized designee. In the event of such consent, all improvements or modifications shall be <br /> made at the expense of LESSEE and, at the expiration of this Lease, shall become the property of <br /> <br /> LESSOR. <br /> 10. LESSEE agrees that the usage of the leased premises plus any associated apron <br /> <br /> shall be limited to the parking of LESSEE's personal/company/customer owned aircraft. All <br /> <br /> Hangar Lease Agreement - page 6 <br />
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