12-F Cox Field Lease Policy - Laserfiche WebLink

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commence or complete Restoration after LESSOR has given LESSEE thirty (30) days prior written notice requesting the commencement of Restoration or that LESSEE diligently proceeds to the completion of same if LESSEE during such thirty (30) day period does not so commence or proceed to diligently complete Restoration. In such event, LESSOR shall retain the insurance proceeds, and LESSEE shall pay any deficiency if such proceeds are not sufficient for Restoration. 28. That LESSEE shall not rent the leased premises, or any part thereof, for aircraft storage unless a permit under Article II, Chapter 6 of the Code of Ordinances of the City of Paris, has been issued to LESSEE for that specific purpose. 29. That LESSOR has the right to take any action it considers necessary to protect the aerial approaches of the Airport against obstruction, together with the right to prevent LES SEE from erecting, or permitting to be erected, any building or other structure on the Airport which, in the opinion of the LESSOR, would limit the usefulness of the Airport or constitute a hazard to aircraft. 30. That LES SEE shall pay and discharge all taxes, including without limit sales, use, and excise taxes, ad valorem taxes, taxes on personal property, general and special assessments, and other charges of every description which are levied on or assessed against the leased premises and all interests in the leased premises and all improvements and other property on the leased premises during the term of this Lease, whether belonging to LESSOR or to LESSEE. LESSEE shall pay all such taxes, charges, and assessments directly to the public officer charged with their collection not less than fifteen (15) days before the same shall become delinquent. LESSEE shall at no time permit the foreclosure of any tax liens to LES SEE' s leasehold interest in the leased premises or the buildings, fixtures, or other improvements on the leased premises. LESSEE shall have the right in good faith at its own sole cost and expense to contest any such taxes, charges, and assessments, and shall be Master Lease Agreement - page 18