HomeMy WebLinkAboutRES 04.14.1981 - Airport LeaseA RESOLUTION AUTHORIZING THE MAYOR TO
GRANT WRITTEN CONSENT TO JOHNNY B. GANTT
FOR AN ADDITION TO HIS EXISTING LEASE AT
THE GEORGETOWN MUNICIPAL AIRPORT.
WHEREAS, the City of Georgetown, a Municipal Corporation, located
in Williamson County, Texas, and Johnny B. Gantt of Williamson County,
Texas, have entered into a certain lease agreement covering certain Air-
port property, all of which is more clearly set forth in a copy of said
agreement which is attached hereto and made a part hereof for all purposes
as if copied herein at length, word for word, verbatim; and,
WHEREAS, said agreement In Section V.b) stipulates that Gantt shall
not have the right, among other things, to make additions to the leased
premises without the prior written consent of -the City, and
WHEREAS, Gantt In a letter to the City dated March 18, 1981 has
requested written permission, persuant to Section V.b) of the City - Gantt
Lease agreement to lease a 100' x 350' tract on the East side of his ex
fisting lease for construction of an aircraft hangar, and will be con-
structed In conformance to all applicable City Codes and Ordinances, and
WHEREAS, the Georgetown Municipal Airport Advisory Board having
taken note of the request and the Gantt -City lease agreement consider
such a request and action to be within the scope of the existing agreement
and not requiring additional consideration by the Board, and
WHEREAS, the City Manager and his staff have verified that a valid
need has beef demonstrated by Gantt for the additional hangar space.
THEREFORE, BE IT RESOLVED that the Mayor of the City of Georgetown is
authorized to grant written consent on behalf of the City to Johnny B. Gantt
to make an addition to his hangar at the Georgetown Municipal Airport as
requested and under the attached terms and condition such permission wis
granted for construction of facilities under the original lease agreement.
PASSED AND APPROVED THIS % 4 day of April, 1981.
Jo n C. Doerfler
Mayor
ATTEST`sr
Jim Colbert
City Secretary
ATTACHMENT 1
Terms and conditions for Mr. Gantt's request for land lease
to construct an aircraft hangar.
A. Lease rate of 4t (four cents) per square foot per year.
B. Maximum CPI adjustment of 8% (eight percent) per annum
adjusted each 5 (five) years.
C. Lease will expire the same day as the original lease agree-
ment dated April, 1977•
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