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549 RES USA CONVEYED TO COP FOR MUNICIPAL AIRPORT PURPOSES~ RESOLUTION N}. 549 . 0 Whereasp the United States of America heretofore conveyed to the City of Paris for municipal airport purposes the propertyg premises and improvements located east of Paris and known as Cox Field, by theterms and provisions of which grant and conveyance said Government retained and reserved certain control relative to the use and disposition of the improvements thereat and thereon situated and located and the income de- rived from the use and operation of said property and premises; and, 6Yhereas, the Civil Aeronautics Administration, Department of Commerce, in response to the request and proposal of the City of Paris, initiated by its City Manager, has submitted a proposal and authorization relative to the disposal of certain enumerated and indicated buildings, as fully described in letter dated September 3, 1953, addressed to John W. Perryman Jr.t City Manager of the City of Parist from A. E. Dyatt, District Airport Engineer, Civil Aeronautics Administrationt the conditions of which are as follows: "In case any of the buildings are salvaged the salvaged materials will be used on the existing buildings or otherwise retained and used on the airport for maintenance or development of the facility and in case any salvaged material is sold or when any building is sold the pro- perty must be publicly advertised and sold to the highest bidder, but in the event the highest bid received is not a fair price, the property will be withdrawn from sale and sold by negotiation at not below fair price. Alsop all proceeds of any sale will be devoted exclusivelyBuilding operation, maintenance or development of a public airport T-143 ....wi11 first be put in good condition before any revenue re- ceived from sale will be used for other airport purposes."; and, ti"ihereas it appears that such buildings are deteriorating or fast deteriorating and have deteriorated to a point where repairs and rehabili- tation are net economically justifiable, their economical useful life having already expired; andt 4Vhereasg it is the wish, desire and decision of the City Council of the City of Paris that the buildings in question be seld or salvaged at the earliest possible date upon andsubject to the conditions prescribed and enunciated by the Civil Aerenautics Adninistratien, as mentioned above: W6^!) TFEREA;RE, BE IT RESOLVED BY TFE CITY 0:~UNCIL OF THE CITY GF PARIS, That, the hereinabove mentioned and referred to proposal of the Civil Aeronautics Administratien, relative to the disposal of certain enumerated buildings at Cox Field, and the conditions of such proposall be, and the same are hereby, accepted and adopted by the City Council of the City of Paris and the City rAanager is hereby authorized and instructed to initiate the necessary proceedings for the disposal and salvage of such buildings and the materials therefrom in the most feasible, economical and prcfitable manner in view of the prescribed conditions and requirements of the Civil Aeronautics Administration; that materials and revenue derived from the salvage or sale of any such buildings will first be used to put in good condition Building T-143 before any revenue received from any such sale will be used for other airport purposes; that all other materials realized from the salvage of any such buildings will be retained for the maintenance and improvement of the airport facilities, and any revenues received from the sale of any such buildings or salvaged materials shall be retained by the City and set aside for the future development and impreve- ment of the airport facilities. It is further ordered that triplicate copies of this resolution shall be furnished to the Civil Aeronautics Administration for its files. Adopted by the City Council of the City of Paris in regular session this 14th day of September, 1953. ~ , ' / -o- PJlayor ATTEST: e c~~~,City Clerk.