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HomeMy WebLinkAbout17759 ORD - 08/03/1983IFIT1. 1 , . , r w AN ORDINANCE \, CONSENTING TO ,THE SUBLEASE BY CHARLES N. RAYBURN TO OMNIFLIGHT OFFSHORE, INC. OF THE 0.918 ACRE SITE OCCUPIED BY DOT HELICOPTER AT CORPUS CHRISTI INTERNATIONAL AIRPORT UNTIL JULY 13, 1990, CONDITIONED UPON PAYMENT OF OUTSTANDING TAXES, GROUND RENTALS, AND FUEL FLOWAGE FEES, AND FURTHER CONDITIONED UPON DEVELOPMENT OF THE REMAINING 2.570 ACRES OF THE RAYBURN LEASE ASSIGNMENT, AND OTHER CONDITIONS ALL AS SET FORTH IN THE "CONSENT OF CITY", A SUBSTANTIAL COPY OF WHICH IS ATTACHED HERETO AND MADE A PART HEREOF, MARKED EXHIBIT "1". BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That the City Manager is hereby authorized to execute the "Consent of City" to a sublease agreement between Charles N. Rayburn and Omniflight Offshore, Inc. of the 0.918 acre acre site occupied by DOT t Helicopter at Corpus Christi International Airport until July 13, 1990, conditioned upon payment of outstanding taxes, ground rentals, and fuel flowage fees, and further conditioned upon development of the remaining 2.570 acres of the Rayburn lease assignment, and other conditions all as set forth in the "Consent of City", a substantial copy of which is attached hereto and made a part hereof, marked Exhibit "1". 17;759 SEP 2 81984 MICROFILMED„ 07, SUBLEASE AGREEMENT This Sublease Agreement (the "Sublease") is made and entered into this day of , 198 , by and between CHARLES N. RAYBURN (the "Sublessor"), a Texas resident, and OMNIFLIGHT OFFSHORE, INC., a Texas Corporation (the "Sublessee"), and joined in by the City of Corpus Christi, Texas (the "City"). In consideration of the mutual covenants and conditions contained herein, Sublessor and Sublessee hereby covenant and agree as follows: SUBLEASE Section 1.01. Demise and Description of Subleased Premises. Subject to and upon the terms, provisions and conditions hereinafter set forth, Sublessor does hereby lease, demise and let to Sublessee and Sublessee does hereby lease from Sublessor those certain premises (the "Subleased Premises") described as follows: A. all that certain tract of land located within the site of the Corpus Christi International Airport, Nueces County, Texas, and used in connection with the operation of a helicopter business under the name "Dot Helicopter, Inc.", as shown on the map attached as Exhibit A, and being more particularly described as follows: Being a 0.918 -acre tract of land out of Block 22, J. C. Russell Farm Block as shown by map of record in Volume 3, page 53, map record, Nueces County, Texas, and out of the Corpus Christi International Airport Tract, and being more particularly described by metes and bounds as follows: Beginning at the original Northwest corner of said Block 22, said point being within the existing right-of-way of State Highway No. 44; Thence S. l0 42' E., with the west line of said Block 22, the -1- centerline of the west Entrance Road to the Airport Terminal, a distance of 1833.70 feet to a point; Thence N. 88° 18' E., a distance of 870.00 feet to a 5/8" iron rod for the northwest and beginning corner of the tract herein described; Thence continuing N. 88° 18' E., a distance of 200.0 feet to a 5/8" rod for the northeast corner of the tract herein described; Thence S. 1° 42' E., a distance of 200.0 feet to a 5/8" iron rod for the southeast corner of the tract herein described; Thence S. 88° 18' W., a distance of 200.0 feet to a 5/8" iron rod for the Southwest corner of the tract herein described. Thence N. 1° 42' W. a distance of 200.0 feet to the point of beginning. Containing 0.918 acre of land more or less. (the "Sublease Tract"), being a portion of the property (the "Original Premises") described in that certain Assignment of Lease Agreement dated August 14, 1979, and executed by Sublessor, the First City Bank of Corpus Christi, formerly Corpus Christi Bank & Trust Company, Trustee and the City of Corpus Christi (the "Base Lease"), which agreement is attached hereto, marked Exhibit B, and incorporated herein for all purposes, and B. any and all improvements, fixtures, equipment and personal property now located upon or attached to the Sublease Tract and used in connection with the operation of Sublessee's business. Section 1.02. Use of Premises. Sublessee shall use the Subleased Premises for the purposes as set forth in Article III.A. of the Base Lease, including but not limited to the provision and/or operation of a helicopter business. II. TERM: RENT Section 2.01. Term. Subject to and upon the terms and conditions set forth herein, this Sublease shall continue in force for a term of one hundred three (103) months and twenty-six (26) days, commencing on the 17th -2- day of November, 1981 (the "Commencement Date") and ending on July 13, 1990 (the "Termination Date"). Section 2.02. Base Rental. Sublessee hereby agrees to pay to Sublessor a base monthly rental (the "Base Rental") in the sum of Three Thousand and No/100 Dollars ($3,000.00) per month, except for the "additional rent" provided below in Section 2.03 which shall be paid by Sublessee directly to the City. The Base Rental shall be due and payable on the 1st day of each calendar month or any part thereof during the term hereof, and Sublessee hereby agrees to pay such rent to Sublessor at the address reflected herein monthly in advance without demand, deduction, setoff or prior notice, except as hereinafter provided. If the term of this Sublease commences on other than the first day of a month or terminates on other than the last day of a month, then the installment of Base Rental of such month or months shall be prorated and paid in advance. Section 2.03. Additional Rent. As additional rent, Sublessee hereby agrees to pay directly to the City any and all amounts payable pursuant to and in the manner and time set forth in the terms of Article VII, paragraphs 3, 4 and 6 of the Base Lease, to the extent such amounts are attributable to Sublessee's operations on the Subleased Premises, as such premises may be expanded hereunder, on and after the Commencement Date, Section 2.04. Deductions from Rent. Sublessee may, at its option if Sublessor is in default but without being required to do so, pay any amounts due and owing by Sublessor under the Base Lease or under any agreement or instrument evidencing any indebtedness secured by all or any portion of the Subleased Premises (all of which agreements or instruments are hereinafter referred to collectively as the "Evidence of Indebtedness" and are attached hereto, marked as Exhibit C and incorporated herein for -3- , all purposes), and any sums so paid by Sublessee shall be deducted from the Base Rent due and payable under this Sublease. III. REMAINDER OF PREMISES Section 3.01. Definitions. A. Remainder. As used herein, the term "Remainder" shall mean that portion of the Original Premises, excluding the Subleased Premises, as shown on the map attached as Exhibit A, and being more particularly described as follows: Being a 2.570 -acre tract of land out of Block 22, J. C. Russell Farm Block as shown by map of record in Volume 3, page 53, map records, Nueces County, Texas and out of the Corpus Christi International Airport Tract and being more particularly described by metes and bounds as follows: Beginning at the original Northwest corner of said Block 22, said point being within the existing right-of-way of State Highway No. 44; Thence S. 1° 42' E., with the west line of said Block 22, the centerline of the West Entrance Road to the Airport Terminal, a distance of 1833.70 feet to a point, thence N. 88° 18' E., a distance of 310.0 feet to a 5/8" iron rod for the northwest and beginning corner of the tract herein described; Thence continuing N. 88° 18' E., a distance of 560.0 feet to a 5/8" iron rod for the northeast corner of the tract herein described; Thence S. 1° 42' E., a distance of 200.0 feet to a 5/8" iron rod for the Southeast corner of the tract herein described; Thence S. 88° 18' W., a distance of 560.0 feet to a 5/8" iron rod for the Southwest corner of the tract herein described; Thence N. 10 42' W., a distance of 200.0 feet to the point of beginning. Containing 2.570 acres of land more or less. B. Disposition. As used herein, the term "disposition" shall mean any bona fide lifetime transfer, conveyance, assignment or sublease of all or any portion of the Remainder or any of Sublessor's interest therein by Sublessor to any person or entity other than a party to this Sublease. -4- Section 3.02. Right of First Refusal. A. Notice to Sublessee. Sublessor shall give Sublessee written notice of the terms and conditions of any proposed disposition of any portion of the remainder, whether by sublease, assignment or otherwise, which notice shall include a copy of any written offer or contract with respect to the proposed transaction and shall identify the portion of the Remainder to which the proposed disposition relates (the "Remainder Portion"). Provided that there exists no event of default hereunder, Sublessee shall have and is hereby granted the right and option (the "option") to acquire any such Remainder Portion according to the terms and conditions of the proposed disposition, which option may be exercised at any time after receipt of the notice provided for above, but not later than the expiration of fifteen (15) days after such receipt, by giving written notice to Sublessor of such election within the period prescribed after the expiration of Sublessee's option period stated above. B. Waiver or Nonacceptance of Offer. If Sublessee does not give written notice of its election to exercise its option within the time period specified in Section 3.02.A. above, Sublessor may, subject to Article XI. of the Base Lease, dispose of the Remainder Portion to the person or persons named in the notice to Sublessee in strict accordance with the terms therein stated; provided, however, that if Sublessor shall fail to make such disposition within thirty (30) days after the expiration of the time in which the option could have been exercised, such Remainder Portion shall again become subject to the terms and provisions of this Article III. Section 3.03. Option to Expand. It is contemplated by the parties hereto that Sublessee may from time to time in the future require additional space -5- and/or additions to the existing hangar now located on the Subleased Premises in order to conduct its business. In this event and provided that there exists no event of default hereunder, Sublessee shall have the options as follows: A. Sublessee shall have and is hereby granted one or more options to lease such additional space as required from time to time out of all or any portion of the Remainder. Sublessee may exercise any such option by giving written notice to Sublessor at least thirty (30) days prior to the commencement date of such proposed sublease, such notice designating such commencement date and the portion of the Remainder which Sublessee proposes to sublease. B. In addition, Sublessee shall have and is hereby granted one or more options, to have Sublessor, at its sole cost and expense, construct, within a reasonable period of time, such additions to the existing hangar upon such portion of the Remainder as required from time to time according to plans and specifications of Sublessee. Sublessee may exercise any such option by giving written notice to Sublessor at least sixty (60) days prior to the commencement date of such proposed construction, such notice designating such commencement date and the portion of the Remainder upon which such additions are proposed to be constructed. Upon completion of such additional improvements, Sublessor shall lease to Sublessee, and Sublessee shall accept the lease of such additional improvements and such portion of the Remainder. C. Notwithstanding anything to the contrary contained herein, the options hereby granted do not extend to any portion of the Remainder disposed of or proposed to be disposed of in accordance with the provisions -6- of Section 3.02 above prior to the commencement date set forth in the notice described herein. D. Upon Sublessee's exercise of any option to lease granted in this Section, this sublease shall continue on all of the same terms, provisions, covenants and conditions set out herein, except that the Base Rental for any such additional space and/or improvements (which shall be deemed to constitute a portion of the Subleased Premises hereunder) shall be the market rate (as hereinafter defined) prevailing at the time of the commencement of the term of such lease. For purposes hereof, the term "market rate" shall mean the prevailing rate for space and/or improvements at the Corpus Christi International Airport which is similar in quantity and quality to the additional space and/or improvements with respect to which Sublessee is exercising its option. E. In the event Sublessee exercises any of the options herein granted, Sublessor and Sublessee agree to execute in writing a memorandum evidencing the subleasing of such additional space and/or improvements, the commencement date thereof, and the rentals to be paid therefor (as hereinbefore set out). IV. INDEMNIFICATION PROVISIONS Section 4.01. Indemnification of Sublessee. Sublessor hereby covenants and agrees not to default in the performance of any of the terms, covenants, conditions and agreements to be performed by Sublessor (the "Collateral Obligations of Sublessor") under the terms of the Base Lease or any of the Evidences of Indebtedness, including without limitation the payment of any and all sums due and payable thereunder to the extent such Collateral Obligations of Sublessor are not assumed by Sublessee hereunder. -7- In addition, Sublessor hereby agrees to indemnify and hold harmless Sublessee, its officers, directors, employees and agents from any and all liability, cost, expense, damage or loss of whatever nature (including, without limitation, attorney's fees, litigation and court costs, amounts paid to cure any such default, amounts paid in settlement and amounts paid to discharge judgments) directly or indirectly resulting from, arising out of, in connection with, or related to any default by Sublessor in performing the Collateral Obligations of Sublessor unless assumed by Sublessee hereunder. The provisions of this indemnity clause shall remain and be in full force and effect and survive the termination of this Sublease. Section 4.02. Indemnification of Sublessor. Sublessee hereby covenants and agrees not to default in, or cause any default in, the performance of any of the terms, covenants, conditions and agreements to be observed by Sublessee or assumed by Sublessee hereunder or under the terms of the Sublease ("Sublessee's Obligations"), the Base Lease or any of the Evidences of Indebtedness. In addition, Sublessee hereby agrees to indemnify and hold harmless Sublessor, its officers, directors, employees and agents from any and all liability, cost, expense, damage or loss of whatever nature (including, without limitation, attorney's fees, litigation and court costs, amounts paid to cure any such default, amounts paid in settlement and amounts paid to discharge judgments) directly or indirectly resulting from, arising out of, in connection with, or related to any such default by Sublessee in the performance of any of Sublessee's Obligations. The provisions of this indemnity clause shall remain and be in full force and effect and survive the termination of this Sublease. -8- V. ASSUMPTION AGREEMENT AND COVENANTS Section 5.01. Assumption by Sublessee. Sublessee understands and hereby acknowledges that this is a sublease and Sublessor has acquired a leasehold interest in the Original Premises of which the Subleased Premises forms a part by virtue of the Base Lease. Sublessee shall comply with all of the terms, covenants, conditions and agreements of the Base Lease which are to be observed or performed during the term thereof by Sublessor as assignee thereunder, except to the extent that this Sublease provides otherwise. To the extent that the provisions of the Base Lease do not conflict with specific provisions herein contained, such provisions of the Base Lease are incorporated into this Sublease as fully as if completely written herein, and Sublessee agrees to be bound by all of the terms of the Base Lease, as applicable to it. Section 5.02. Termination of Base Lease. In the event of cancellation or termination of the Base Lease prior to the expiration date thereof and prior to the expiration date of this Sublease or any extensions and renewals thereof, or in the event of the surrender thereof, whether voluntary, involuntary, or by operation of law, the Sublessee shall make full and complete attornment to the City for the balance of the term of this Sublease, including any extensions and renewals hereof, upon the same covenants and conditions as are contained herein, so as to establish direct privity of estate and contract between the City and Sublessee and with the same force and effect as though this Sublease was originally made directly from the City to Sublessee. -9- VI. DEFAULT: REMEDIES Section 6.01. Default by Sublessee. Each of the following shall be deemed an event of default by Sublessee and a material breach of the Sublease: A. Failure to make any rentals or other payments required to be paid under this Sublease as the same become due as provided herein for a period of ten (10) days after the giving of written notice by Sublessor to Sublessee of such failure; B. Failure to do, observe, keep and perform any of the terms, covenants, conditions, agreements and provisions of this Sublease on the part of Sublessee to be done, observed, kept and performed for a period of ten (10) days after the giving of written notice by Sublessor to Sublessee of such failure; C. The taking by execution of judgment or other process of law or all or any part of the leasehold interest of Sublessee; D. The adjudication of Sublessee to be a bankrupt, or the filing by Sublessee of a voluntary petition in bankruptcy, or the making by Sublessee of a general assignment for the benefit of its creditors, or the appointment of a receiver of all or any of Sublessee's interest in the Subleased Premises in any action, suit or proceeding by or against Sublessee, or any other voluntary or involuntary proceedings instituted by or against Sublessee under any bankruptcy or similar laws, to the extent any such event may be deemed an event of default under applicable law; and E. The vacating or abandonment of the Subleased Premises, or any substantial portion thereof, by Sublessee. Section 6.02. Remedies. -10- A. Termination; Re-entry. Upon the occurrence of any one or more events of default hereunder, Sublessor may either terminate this Sublease or terminate Sublessee's right to possession without terminating this Sublease. If Sublessor should elect to terminate this Sublease, Sublessor may treat such event of default as an entire breach of this Sublease and Sublessee shall immediately become liable to Sublessor for all damages sustained by reason of Sublessee's breach. If Sublessor should elect to terminate Sublessee's right of possession without terminating this Sublease, Sublessor may rent, subject to Article XI. of the Base Lease, the Subleased Premises or any portion thereof to any person or persons at such rental and for such term as Sublessor deems practical for the account of Sublessee and credit to Sublessee any rental thus received, less the expense of repossession and rerenting. Sublessee shall be liable for any deficiency of such rental below the total rental and all other payments herein provided for the unexpired balance of the term of this Sublease, which liability Sublessor shall have the right to enforce by bringing suit at any time. B. Sublessee's Liability for Expenses. In case of any event of default, Sublessee shall also be liable for and pay to Sublessor, upon demand, in addition to any sum provided for above, the cost of removing end storing Sublessee's property or any other occupant's property removed from the Subleased Premises; the cost of altering, repairing, remodeling or otherwise putting the Subleased Premises into a condition acceptable to a new tenant or tenants; and all other reasonable expenses incurred by Sublessor in enforcing Sublessor's remedies. -11- VII. RESTRICTIONS ON ASSIGNMENT AND SUBLETTING No assignment or subletting of the Subleased Premises or any portion thereof shall be made by Sublessee without the prior written consent of Sublessor and the City. Sublessor's consent shall apply solely to the particular transaction consented to and shall not constitute a waiver by Sublessor of this provision. VIII. COVENANT NOT TO COMPLETE Section 8.01. Sublessor's Covenant. Sublessor hereby covenants and agrees that during the term of this Sublease, Sublessor shall not engage in business activity upon the Remainder which is competitive with the helicopter business conducted by Sublessee; provided, however, that this covenant shall not prohibit Sublessor, subject to Article XI of the Base Lease, from transferring, conveying, subleasing, or assigning all or any portion of the Remainder to any person or entity who is not a party to this Sublease, even though such person or entity engages in a business activity upon the Remainder which is competitive with the helicopter business conducted by Sublessee. For the purposes of this Section 8.01, the term "Sublessor" includes any corporation controlled by Charles N. Rayburn or in which he is the owner or beneficial owner of at least five percent (5%) of the issued and outstanding stock and any joint venture or partnership in which Charles N. Rayburn has at least five percent (5%) interest in profits and losses of the joint venture or partnership. Section 8.02. Specific Performance. Sublessor acknowledges and agrees that in the event of a breach by him of any of the covenants set out in -12- this Article VIII., any remedy at law for such breach will be inadequate and that Sublessee or its assigns may seek specific performance of this Agreement; provided, however, that Sublessee shall not be limited to the remedy of specific performance in the event of a breach by Sublessor and may seek any alternative remedies available to it at law. IX MISCELLANEOUS PROVISIONS Section 9.01. Entire Agreement; Amendment. This Sublease embodies the entire agreement and understanding of the parties hereto and supersedes all prior agreements and understandings relating to the subject matter hereof. This Sublease may not be amended, modified or altered, except in writing, signed by each of the parties hereto. Section 9.02. Construction. The captions, headings and arrangements used in this Sublease are for convenience only, and do not in any way affect, limit, amplify or modify the terms and provisions hereof. Section 9.03 Binding Effect. This Sublease shall be governed by the laws of the State of Texas and is subject to the provisions hereof, shall be binding upon and enure to the benefit of the parties hereto and their respective heirs, personal representatives, successors and assigns. Section 9.04. Notices. Every notice or other communication to either party authorized or required by this Sublease shall be deemed to have been given or served if furnished in writing and forwarded to such party by certified or registered mail, postage prepaid, addressed as set forth below: TO SUBLESSOR: Mr. Charles N. Rayburn P. 0. Box 419 Kenedy, Texas 78119 and -13- TO SUBLESSEE: Mr. Joe Warren Jones Jones and Partain, Inc. 812 National Bank of Commerce Building San Antonio, Texas 78205 Mr. Roland F. Wisner Omniflight Offshore, Inc. 1120 19th Street N.W., Suite 500 Washington, D.C. 20036 and Mr. Don Hanmer Carrington, Coleman, Solman & Blumenthal 2500 South Tower Plaza of the Americas Dallas, Texas 75021 Such addresses may be changed by providing notice of such change in accordance herewith. Section 9.05. No Waiver. No failure or delay by Sublessor to exercise any right hereunder or under the Base Lease shall operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right. Section 9.06. Partial Invalidity. If any covenant, agreement, term or condition of this Sublease or the application thereof to any person or circumstance shall, to any extent, be held invalid or unenforceable by a court of competent jurisdiction, the remainder of this Sublease, or the application of such covenant, agreement, term or condition to persons or circumstances other than those to which it is held invalid and unenforceable, shall not be affected thereby and each covenant, agreement, term and condition of this Sublease shall be valid and enforced to the fullest extent permitted by law. Section 9.07. Entry for Repairs and Inspection. Sublessee hereby agrees -14- that Sublessor, its agents or representatives, may enter into and upon any part of the Subleased Premises at all reasonableness hours to inspect same, as Sublessor and Sublessee may jointly deem necessary or desirable, and Sublessee shall not be entitled to any abatement or reduction of rent by reason thereof. Section 9.08. Attorney's Fees. In the event Sublessee defaults in the performance of any of the terms, covenants, agreements or conditions contained in this Sublease and Sublessor places the enforcement of this Sublease, or any part thereof, or the collection of any rent due or to become due hereunder, or recovery of the possession of the Subleased Premises in the hands of an attorney, or files suit upon the same, Sublessee shall reimburse Sublessor for all reasonable expenses incurred by Sublessor by reason of such default, including, but not limited to, reasonable attorney's fees and court and related costs. EXECUTED as of the day first above written. SUBLESSOR: SUBLESSEE: OMNIFLIGHT OFFSHORE, INC. CHARLES N. RAYBURN By -15- THE STATE OF TEXAS § COUNTY OF BEXAR § BEFORE ME, the undersigned authority, on this day personally appeared CHARLES N. RAYBURN, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and considerations therein expressed. Given under my hand and seal of office on this the day of , 1983. Notary Public in and for State of Texas My Commission expires: THE STATE OF TEXAS § COUNTY OF BEXAR § BEFORE ME, the undersigned authority, on this day personally appeared , the of OMNIFLIGHT OFFSHORE, INC., a Texas corporation, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and considerations therein expressed, in the capacity therein stated and as: the act and deed of said corporation. Given under my hand and seal of office on this the day of , 1983. Notary Public in and for State of Texas My Commission expires: -16- cep. /r >5rTTS 'N>' AV . V¢ Azul Bi.�k z2, •.,Pvssc// . m Lofs �0 a !tBB°43;E. .JIcO/C.• /"•- /00' /"AP. or/1.. AIL( zw; o f /i14 cPSc Ara/ cot of /tose , i4 `f• r ;•: A/88° /B E. 760.o" I" torr. %ypc Fcnce f. 1 r;i �. ory. A/e. cOr o/r YYJ/5 /GoSC 1I. coi- of i' fits /calc x •1--a ✓�. BB' /6 "Gl/. 7‘e, .0 ' Or, tor: �f /7/s /coSd tor. a/,r ,.1 fc r9 "./•.Q: ASSIGNMENT OF LEASE AGREEMENT THE STATE OF TEXAS 1 COUNTY OF NUECES 1 This agreement is entered into on the day and year below stated between the Corpus Christi Bank and Trust Company, Trustee, hereinafter called Assignor, and Charles N. Rayburn of Kenedy County, Texas, hereinafter referred to as Assignee, upon these terms, performable in Nueces County, • Texas. WHEREAS, the Assignor herein, the Corpus Christi Bank and Trust Company, Trustee, has, by agreement with the City of Corpus Christi, legally become the Lessee of certain lands and lease sites, certain por- tions of which are designated for commercial hangar and fixed base operations, all as shown on the Master Plan of the Corpus Christi International Airport on file in the office of the Director of Public Utilities of the City of Corpus Christi, and as located within the site of the Corpus Christi Inter- national Airport, Nueces County, Texas; and WHEREAS, the aforesaid agreement between the Corpus Christi Bank & Trust Company, Trustee, and the City of Corpus Christi, was duly and le- gally approved by the qualified voters at an election held on August 29, 1959; and WHEREAS, all previously approved assignment agreements relating to the subject demised premises have been terminated by the City of Corpus Christi by Ordinance No. 14977 , passed July 3, 1979; and WHEREAS, Assignee proposes to engage in commercial hangar and fixed base aviation•operations, as hereinafter defined, at Corpus Christi International Airport; and WHEREAS, Assignor deems it advantageous to assign unto Assignee a site on the said Airport, as shown and described on Exhibit "A", which is attached hereto and made a part hereof, as more particularly described hereinafter, together with those privileges, rights, uses and interests in- cident thereto, as hereinafter set out; and. - WHEREAS, Assignee has assumed a loan from the Small Business Ad- ministration in consideration of which the Assignee plans to enter into an Assignment of Lease Assignment and Agreement; and WHEREAS, Assignee desires to obtain and avail itself of said area, as hereinafter described, and of those privileges, rights, uses and interests incident thereto, as hereinafter set out: - Fj(Hffirr- MN, THEREFORE, in consideration of the premises and for and in consideration of the charges, fees, rentals, covenants and agreements con- tained herein, the parties hereto do hereby agree as follows: .ARTICLE I RIGHT TO ASSIGN The City of Corpus Christi, a municipal corporation, situated in Nueces County, Texas, hereinafter called the City, the sponsor and owner of the Corpus Christi International Airport, does by the acceptance of this assiy,, nt and agreement, agree tp all of the terms and conditions set out herein and agrees that in the event of a judicial determination that this agreement was entered into contrary to law as between Assignor and Assignee or that Assignor, Corpus Christi Bank a Trust Company, did not have legal authority to enter into this assignment, then.the City agrees to take whatever reasonably necessary steps may be required to provide Assignee with a good and valid assignment or lease of the space hereinafter described. It is understood by and between the parties hereto that this assignment and agreement must be accepted and approved by the City Council of the City of Corpus Christi, acting by and through its City Manager, in writing noted herein, before the City is bound by any of the terms or condi- tions set forth herein. ARTICLE II . DESCRIPTION OF ASSIGNED SPACE Assignor does hereby assign unto Assignee, subject to all of the terms, conditions and covenants of this agreement, and the agreement between the City of Corpus Christi and Assignor as.hereinabove described, an area designated for commercial hangar and fixed base aviation operations located generally on the northeast side of the Terminal Building within the area and all as shown and described on the attached drawing marked Exhibit "A", which is made a part hereof for all intents and purposes as, if copied verbatim herein, said area hereby leased being a tract of land extending 760 feet east and west and 200 feet north and south and com- prising 152,000 square feet. ARTICLE III PRIVILEGES; RIGHTS, USES AND INTERESTS A. USE OF LEASED PREMISES. Assignee shall use the premises for commercial hangar and fixed. base aviation operations herein defined and for no other use without the specific written permission of the City; (1) Housing aircraft in hangars and related shop and office use; (2) Engaging in any activity related to the business of. repairing, leasing, purchasing, or otherwise acquiring, selling, exchanging, dispensing, financing, insuring, or dealing in or distributing aircraft of every class and description, including engines, motors, aircraft instru- ments, supplies and accessories; (3) Servicing of aircraft with fuels and lubricants; (4) Operation of aerial taxi and sightseeing services and aerial advertising, aerial survey, aerial photography and mapping; (5) Operation of schools of flying, navigation, aviation mechanics, aerial survey, aerial photography, aerial designing, aerial construction; (6) Aeronautical and allied research; (7) Operation of the.business of nonscheduled transportation of passengers; and (8) Undertaking of any phase of aviation activity for profit related to or contributing in any way to aircraft sales, servicing and distribution or aerial navigation. B. RIGHT TO USE AIR FIELD. Assignee shall have the right to use the public areas and public airport facilities including the runways, taxiways, aprons, ramps and navigational aids and facilities in common with others so authorized, subject to and in accordance with the laws of the United States of America and the State of Texas; and the rules and regulations promulgated by their authority with reference to aviation and air naviga- tion, and in accordance with all reasonable and applicable rules, regula- tions, ordinances and Charter of the City. -3- C. RIGHTS ENUMERATED. Assignee shall have the following rights: 1. To sell aircraft fuels, lubricants and propellants on the leased premises, on any other public apron, and within any private hangar • area. City reserves the right to lease or rent the apron immediately ad- jacent to the control tower annex building, known as the transient apron, as shown on the master plan of the Corpus Christi International Airport, to an operator or operators as a separate business for the dispensing of fuels, lubricants and propellants and/or for the operation of tiedown facilities an said apron. In the event that the transient apron is operated as a separate business, then Assignee shall not have the right to the use of the tiedowns on said apron or to sell and dispense fuels, lubricants or propellants on said apron. • 2. To store aircraft fuels, lubricants, and propellants on the leased premises. 3. To maintain and operate mobile equipment when reasonable and necessary to fill and dispense aircraft fuels, lubricants and propellants on the leased premises and within the area described above, with right of access to the commercial ramp and connecting taxiways. 4. To maintain, store and service aircraft which shall include hangar storage of aircraft, major and minor overhauling and repairing of aircraft, repairing, inspection and licensing of same, and purchase and sale of parts, equipment and aircraft accessories. 5. To purchase and sell, within the leased premises, aero- nautical charts, publications, caps, sunglasses, computers, radios, and other aviation related items normally sold and dispensed by commercial fixed base hangar operators. 6. To rent, lease and charter aircraft and to engage in the business of teaching and/or otherwise instructing flying and aircraft mechanics. 7. To place and erect signs and advertising material within the hangars, offices and shops on the leased premises at Assignee's discre- tion; and to place and erect signs and other advertising material on the ' outside of Assignee's buildings, shops and offices; provided that the size and shape of such signs shall conform to the general appearance of the airport premises and be subject to the approval of the Airport Manager; and to place and erect signs and advertising material at other locations on the airport, pro- vided that written permission is obtained from the Airport Manager prior to the installation of any sign or advertising material at any location outside of or off the leased premises, and subject to the order of the Airport Manager to require the removal of such installations of any of them at any time. activities prohibited D_ ACTIVITIES AND USES EXPRESSLY PROHIBITED. The following and uses are expressly excluded from this lease and Assignee is from any such use or activity except as noted: 1. Ground Transportation for hire: Assignee may provide ground transportation for its employees and aviattion customers as a service except that said service may not be offered to the general public on a corrmercial basis. 2. Western Union. Assignee may use the wires, lines and services of Western Union for its own purposes in connection with the establishment of a communications system and weather system or for any other purpose so long as Assignee does not engage commercially in the taking or sending of telegrams, money orders, etc. 3. Automobile Rental Service. 4. News and sundry sales except for those aviation related items as mentioned hereinabove. 5. Advertising concessions except for those that may be • conducted within Assignee's hangars; offices and shops. 6. Barber, valet and personal services. 7. The sale of food and/or drink except from dispensing machines located within the hangars, offices and/or shops. However, no cafe or cafeteria type of service shall be operated. 8. The sale of flight and/or trip insurance. 9. Commercially engaging in the business of making reservations for hotels, motels and other lodging. ARTICLE Iv CONSTRUCTION OF HANGARS AHD IMPROVEMENTS Prior to construction of any hangar or improvements on the premises, Assignee will submit plans and specifications to the City for approval and review with respect to the general appearance, safety, type of construction proposed and life and value. ARTICLE V ACCEPTANCE OF PREMISES Assignee acknowledges that the premises have been inspected and accepts the leased premises in its present physical condition and wi11 pay the total cost of developing said property. ARTICLE VI TERM This assignment shall be for a -term of approximately eleven (11) years, commencing on the date of execution hereof and terminating t990 �0./. on July 13,=F& ', provided Assignee has -not defaulted in any of the terms, conditions, and provisions hereof. ARTICLE VII' RENT _ ----Assignee will pay City a base rental fixed as of July, 1960 and supplemented as follows: 1. Three cents (3¢) per square foot per year for the area covered by hangars, shops, offices and/or other improvements. 2. One cent (1) per square foot per year for the area within the premises between the building setback lines where buildings could legally be constructed. 3. Thirty-three and one-third (33-1/3%) percent of the gross income from parking and/or tiedown facilities located on any ramp that may be constructed in the ramp area, shown on Exhibit "A".' 4. Two (2t) cents per gallon for each gallon of gasoline and/or other propellants and fuels purchased by Assignee, except as to gasoline sold to commercial airline aircraft holding valid operating contracts on the airport. Assignee will not be required to pay for loss of such fuels due to theft or leakage, upon furnishing the City with sufficient proof of such loss. 5. Assignee will not be charged for storage tanks within premises, except ground rental,and will submit storage tank plans to the City for approval prior to installation. Fuel storage sites on property outside these premises will require a separate lease. 6. At the end of each three-year period after the execution of this agreement, either City of Assignee may request an adjustment in the ground rental rates, and the flowage fees as above set out, which adjustment shall be computed by multiplying such rate and fee by a fraction, the denominator of which shall be the arithmetical average as of July, 1960 of the indices (A) of the United States Bureau of Labor Statistics for hourly wage rates of all workers in manufacturing and (6) of all commodity wholesale prices, and the numerator of which shall be the arithmetical average of said indices (A) and (B) for the last available twelve.(12) monthly indices immediately preceding the request for adjustment.• Should either of said indices change substantially as to for and basis of data or manner of publication, the above adjustment provision: may be'amended in writing.• On the base date, July, 1960, the United States Bureau of Labor Statistics index for hourly wage rates for all manufacturing employees saes $2.26 per_hour and the commodity wholesale sale price index was 100.8. Such formula must result in a change of at least 1/4t per unit or no adjust- ment shall be made, and all adjustments shall be made to the nearest T/4. City retains the right to adjust the rates for fuel flowage fees set forth herein, such rates to be published by ordinance duly adopted by the City Council. City will put this same clause in any renewal, amendment, or extension of any other existing fixed base operator lease as well as •any other new fixed base operator lease. Effective as of the date of the execution of this agreement, the rents based on the foregoing formula are as follows: The Improved Area, seven and one-fourth (7 1/4t) cents per square foot per year; Unimproved area, two and one-half (2 1/2¢) cents per square foot per year; Flowage fee, four and three-fourths (4 3/4t) cents per gallon. Ground rental as set out here and above shall be computed on a monthly basis and shall become due and payable on the first day of each calendar month throughout the term of this assignment. On the first day of the next calendar month after the rentals begin under this lease, Assignee shall prepare a report in writing on a form approved by City showing the total number of gallons of gasoline fuels and/or other propellant purchased by Assignee and the total gross receipts on the above mentioned apron during the preceding calendar month and shall submit said report to City along with the rental to be paid thereunder prior to the tenth day of said calendar month. Assignee shall submit a like report and payment therefor for each succeeding month during the term of this assignment. Assignee will keep full and accurate records of all transactions, purchases, sales, and income, both from cash sales and credit sales, that in any way concern rental to City; and will hold all books and records covering such sales open to inspection by City at all reasonable times. 7. City appoints its airport manager as its agent to receive all rentals and reports under this assignment and Assignee will submit said reports and payments to the Airport Manager. City may designate others as agents to inspect Assignee's books and records, such inspections to be performed 'at reasonable times during working hours. . 8. In addition to all other remedies which City may have to enforce the obligations of Assignee, City shall have a lien on all property of Assignee placed on said premises for all moneys,•rents, shares of grass receipts and other obligations of Assignee.' 9. By the term "Transient Apron" is meant that apron east of the control tower building approximately two hundred eighty (280) feet in width extending from taxiway "H" southward to a line which is the eastern extension of the south line of the commercial apron running south of the terminal building and control tower building, said transient apron having a length north and south of approximately seven hundred fifty (750) feet. The term "public apron" shall include, in addition to the tran- sient apron above described, the following area: All of that area shown on Exhibit A as "commercial apron" and being an area approximately 300 feet in width extend- ing north and south and extending east and west a distance of approximately 1,050 feet,.all of which area lies as shown on Exhibit A south of the airport terminal building and airport control tower building. 10. City reserves the right to change the base date of July, 1960 referred to above in the event that the City makes the same change in any other existing or new fixed base operator leases. ARTICLE L'III UNDERTAKINGS OF CITY City covenants as follows: A. To operate Corpus Christi International Airport as a public airport during the term of this lease subject to and consistent with and pursuant to the assurances given by the City to the United States Government under the Federal Airport Act, and to Assignee by this assignment. B_ To make water; gas and wastewater services available upon the same basis as -applies to residents within the City of Corpus Christi. Assignee 'shall pay all charges for water, gas, wastewater, electricity and other public utilities supplied to Assignee and/or Assignee's premises during the term of this assignment as such charges become due and payable. ARTICLE IX - UNDERTAKINGS OF ASSIGNEE _ __Assignee further covenants as follows: A. At his own expense, to improve the premises by the construc- tion of hangars, offices, shops and/or other improvements, -as hereinabove mentioned, and to maintain said improvements and premises in a presentable condition consistent with good business practice and equal in appearance and character to other similar improvements on the airport. B. To remove from the premises all waste, garbage, rubbish, junk, worn-out parts and other refuse, and not to deposit the same or allow the same to accumulate, except temporarily in connection with collection for removal, on any part of the premises or other property located within the airport site; provided, however, that City may provide garbage service for a reasonable fee consistent with charges made to commercial establishments of a similar nature. To make adequate provision for and to dispose of waste oils and lubricants off the airport property and never put or allow to be put any such waste oils and lubricants into the airport wastewater system. C. To supply good, prompt and efficient service adequate to meet all the demands for such service at the airport on a fair, equal and nondis- criminatory basis to all users thereof, and.to charge a fair, reasonable and nondiscriminatory price for each unit of sale or service; provided that Assignee or its tenants and sublessees will be allowed to make reasonable and nondiscriminatory discounts, rebates or other similar type of price reductions to volume purchasers. Nothing herein contained is intended to nor shall be construed as vesting in City the power or authority to regu- late Assignee't charges for student training, aircraft rental, aircraft storage and aircraft charter service and services specifically related to such servic_ ARTICLE ,X - GENERAL PROVISIONS A. INDEMNIFICATION. Assignee is and shall be deemed to be an independent contractor and operator responsible to all parties for its res- pective acts or omissions and those of its agents, servants, employees, invitees, tenants and sublessees, and City shall in no way be responsible therefor. In the use of the airport and in the maintenance, erection or construction of any improvements thereon, and the exercise and enjoyment of the rights herein granted, Assignee will indemnify and save harmless City from any and all losses or claims for damages that may proximately result to City from any negligence on the part of Assignee, Assignee's agents, servants, employees, construction contractors arld invitees, and for those of its tenants and sublessees. Assignee will carry public liability insurance in the minimum sum of $500,000 single limit. All insurance shall be carried in a responsible company and shall name City as an assured. Said policy shall, in addition, be endorsed to provide for cross -liability between the assureds. Such policy shall be in a form satisfactory to City. All such policies shall provide for a minimum of ten (10) days notice to City in the event of cancellation or material change in the terms thereof. B. NOTICES. Notices to City shall be deemed sufficient if in writing and mailed, postage prepaid, addressed to the Airport Manager, Route 2, Box 902, Corpus Christi, Texas 78410, or to such other address as may have been designated in writing by City from time to time. Notice to Assignee shall be deemed sufficient if in writing and mailed, postage pre- -10- - paid, addressed to Assignee at P. 0. Box 419, Kenedy, Texas 78119 C. TAXES. Assignee will pay any and all real and personal property taxes levied from time to time upon the improvement placed upon the premises. D. All of the terms, covenants and agreements herein contained shall be binding upon and shall inure to the benefit of the heirs, successors and assigns of Assignee and City. E.. DESTRUCTION. In the event that Assignee's improvements or• the airport is damaged or destroyed by acts of God or through enemy attack or for any other reason outside the•control of Assignee and City to such an extent that the airport cannot be operated as an airport, then this agreement shall terminate. In the event that the leased premises or Assignee's improvements or the airport facilities reasonable and necessary for Assignee to conduct Assignee's business are partially destroyed or damaged due to acts of God or other acts outside the control of Assignee and/or City to such extent that the premises may not economically be used for the uses and purposes for which assigned, then this agreement and assignemnt shall be suspended during the period of such partial damage or destruction and shall not begin or resume until the damage has been repaired. City shall be the sole judge of the extent of the damage or destruction to the airport and shall have an option to either declare this assignment terminated or suspended or to re- pair the airport facilities or in case of damage or destruction to Assignee's improvements, to either declare the assignment terminated, suspended or to require Assignee to repair his improvements, and fix the time within which such repairs shall be made. F. SUBORDINATION. This assignment shall be subordinate to the provisions of any existing or future agreement between City and the United States relative to the operation or maintenance of the airport, the execu- tion of which has been or may be required as a condition to the expenditure of federal funds for the development of the airport. Should the effect of such agreement with the United States be to take any of the premises under this assignment out from the control of City or to substantially destroy the _1. I• commercial value of the premises, then City must provide adequate premises to Assignee or this agreement shall terminate. G. TERMINATION. This agreement shall terminate at the end of the term set forth in Article V hereinabove, and Assignee shall have no fur- ther right or interest in any of the premises or rights, uses or other interests contained in this agreement, and Assignee will vacate and remove all equipment placed thereon by Assignee prior to the execution of this assignment, unless Assignee and the City renegotiate said assignment and enter into a mu- tually satisfactory assignment or lease extending the term hereof. Assignee shall have one hundred twenty (120) days within which to remove Assignee's equipment and personal property, and in the event Assignee fails to do so, the same shall work as an abandonment and title shall pass to City, or City may remove said equipment and personal property and Assignee will reimburse City for its expense. H. CANCELLATION. Default in payment of any of the rentals shall give City the right to terminate this assignment at any time after thirty (30) days notice in writing has been given to Assignee, unless within said time Assignee has fully complied with the rental provisions. Default in any of the other covenants on the part of Assignee shall likewise give City the right to terminate this assignment at any tine after thirty (30) days notice in writing has been given Assignee, unless within said time Assignee has fully corrected the condition creating the default. City will specify in such default notice the provision under which City claims that Assignee is in default, and the acts of omissions giving rise to the claimed default. ARTICLE XI TRANSFER OF ASSIGNMENT The written authority of the City shall be obtained by Assignee prior to any sale, reassignment, transfer or subassignment of this assignment. Should Assignee borrow money or otherwise finance the improvements to be con- structed hereunder, and should it become necessary for any lender, financing agency or guarantor to foreclose and take over this assignment because of -12- Assignee's failure to pay, said lender, financing agency or guarantor• may operate the assignment subject to all of its provisions, provided ali obli- gations of Assignee's are met and all payments owing be paid. ARTICLE XII AIR OPERATIONS AREA SECURITY Assignee shall provide for the security of the air operattars area to prevent ground entry or movement of unauthorized persons in accor- dance with Section 9-32 of the City Code of Corpus Christi, Texas, and any regulationT imposed upon City by the Federal Aviation Administration_ Assignee shall indemnify and hold harmless City, its officers and employees, from any charges, fines, or penalties -that may be levied by any agency of the United States or the State of Texas by reason of Assignee's failure to comply with this requirement. Physical barriers to prevent access to the air operations area must be in effect during construction upon the premises. This covenant is in addition to any of•the above indemnification provisions. ARTICLE XIII CIVIL RIGHTS In exercising any of his rights or privileges, Assignee shall not on the grounds of race, sex, creed or national origin discriminate or permit discrimination against any person or group of persons in any man- ner prohibited by Part 21 of the Reguld;ions of the Secretary of Transporta- tion. City hereby expressly retains the right to take such action as the United States may direct to enforce this nondiscrimination covenant. ARTICLE XIV SUPERSEDES TEMPORARY ASSIGNMENT This agreement supersedes the previous temporary assignment existing between the parties, authorized by Ordinance No. 14977 passed and approved by the City Council on July 3, 1979. -13- ARTICLE XV PRIOR INTERESTS Assignee recognizes and shall assume the obligations relating to all existing encumbrances held by the Small Business Administration upon the leasehold and improvements on the demised premises. EXECUTED on this /"day of Ausf , 1979. a/d--)/d/Charles N. Raybur ATTEST: ATTEST: ATTEST:''., , City Secretary APPROVED: 12/..4- e , 1979: ij J. BRUCE AYCOCK, CITY ATTORNEY By Assistant Cit'yJorney rector or in�nce SMALL BUSINESS ADMINISTRATION d(e/§0.0a7____. BY CORPUS CHRISTI BANKr& TRUSTiCOMPANY �I tG�l keit !7 �7 1 / CITY OF CORPUS CHRISTI By R. Marvin Townsen , City Manager 13Y COUNCIL. P -e- 1 S1:C.4h:a ACKNOWLEDGMENT THE STATE OF TEXAS I COUNTY OF j BEFORE ME, the undersigned authority, on this day personally appeared C4 14'24'-'S �� 1k't ti4 "� s. , known to me to be the person whose name is subscribed to the foregoing instrument, and: acknowledged to me that he executed the same for the purposes and con- sideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF_OFFICE, this the Za day of << , 1979. THE STATE OF TEXAS COUNTY OF NUECES tary Public in and for Mid County, Texas /(s/s[.vo My commission expires: CORPORATE ACKNOWLEDGMENT BEFORE ME, the undersigned authority, on this day personalty appeared C...\G , .• ��.», L �a S„�\. , known to me to be the person and officer whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same as the act and deed of „_\ , for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this the 4,74/\ --day of ” , 1979. Aft 6/1„,L Notary Public in and for Nueces County, Texas My commission expires: 09,24E71 CORPORATE ACKNOWLEDGMENT THE STATE OF TEXAS ) COUNTY OF NUECES ) B ORE ME, the undersign d authorittyrn this day personally a peared /� . nfOk((- w<- //f%(jL/lV / ! )oi CLZC._ , known to me to be the person and officer whose name is subscribed to the foregoing instrume t and acknowledged me that he executed the same as the act and deed of d7 pV7a/ , for the purpose and ........:.......+:un un the---- r expressed and in the capacity therein stated. �l / �..%�!�[/�CI ,GIIVEENER MY HAND AND SEAL OF OFFICE, this the ) day of /-, 1979. • THE STATE OF TEXAS COUNTY OF NUECES IC? 15 al— Notary Public in and foryNueces County, Texas //ll (� My commission expires: /v (-21R CORPORATE ACKNOWLEDGMENT BEFORE ME, the undersigned authority, on this day personally _ appeared Joseph F. Smejkal Vice President & Trust Officer , known to me to be the person and officer whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same as the act and deed of Corpus Christi Bank & Trust , for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this the 28 day of ' Auoust , 1979. ' Notary Public in and for NuecesrCounty, Texas My commission expires: 2/9/80 r 1 Ii . III II' I - - o; I. 1 -xi l r. / O 7 ( _/ t[ II I II PARK SITE -- 1 1"�. I II / •.. I ir- I, I L Cy 1 S C C1 f1 1- 9 X I • DRAIN DITCH FUTURE PARKING -...,...---.74=L—...) : 76 ' 1 I 1 I.1 r4 I 1 i •I II , I FLI 'jRE 1 ; . II i ; ...�• RAMP/AREA ��7) ! I I1 I / I i• I• / 1 ;i I -r,1— -. =1 — -_ _ =-%L=, _ 7: - • �—. 1 1 I f I .1y. .I ' • V G — 4 1. •'l �,../�/�. ::c<: : • : • • .i \i r _ PARK ',NG A.: ' l- AREA . T/W-N ilY E 4. • <o� `1 I 1 I,. y CVMMEiiCIA . ACGu\' •I •.r • 1 R. P I lri 97' 30 . 3 o.. LONG. 27' 46.;20" 1:;:7 't"\ -1 ; 31• '1 t• I . 'Tri y? • ._• • \ ' \a�L\\00 � \ i\ • p\��\ li- • I \. UO . \•' v \ • 1 SEGMENTED CIRCLE MARKER ([, • ; 1 t 81,100.00 NOTE For value received, the undersigned promisee to pay to the order of Small Busiaifada Administration (Payee) at its office in the city of Donvet , State of Inil 241 332 11 01 SBA LOAN NUNOER Corpus Christ -1, Tan (City lad State) (Date) r I4. Colorado or at holder's option, at earth other place as may be designated from time to time by the bolder Eighty O T"hO sand Ona iurdred and no/J 00 dollen, (Write oat amount) with interest on unpaid principal computed from the date of each edvsace to the undersigned at the rate of 9 1/4 percent per annum. payment to be made is installments as follows: $1.215.00, including principal and interest, payable monthly, beginning ons ( 1 ) months from date hereof and $ 1,215.00 on the same date of each succeeding calendar month thereafter until paid in full, provided that all principal and interest not sooner paid shall bccoae.due and payable eight (8 ) years from the date hereof; and each said_installment payment, When received, shall be applied by the holler hereof, first to interest accrued to the date of receipt of said payment, end t " balance, if any, on account of the principal hereof. Payment of any installment of principal or interest owing on this Note may be made prior to the malorily dote thereof while • t preelty. The tern "Indebtedness" as used herein shall mean the iodebtednesa evidenced by thin Note. iaelndiog principnl, interest. end expenses. whether coolingrot, onw due or hereafter to become due and whether heretoforeor p0 other propeYty or cii•': •, hereafter contracted. The term "Collateral" as used in this Note shall mean any funds, guaranties, i e, he, then property r rit:i'• or therein of may nature whatsoever or the proceeds thereof whirh mayreave been, the . or htrdoeas or may h by otheca The Coll n0, iudtrrrtly by the undersigned or others, in connection with. or n+ y el, and inch part thereof. shall secure the Indebtedness and each part thereof. The covenants and conditions set forth or referred to in any and all instruments of hypothecation constituting the Collateral are hereby incorporated in this Note es eovenents end conditions of the u.dersi jed with the same force and effect as though such covenants and conditions were fully set forth herein. The Indebtedness shell immediately become due and payable, without notice or demaod, upon the appointment of a rn_ceiver or liquidator, whether voluntary or involuntary, for the undersigned or lar any of its property, or upon the filing of a petition by or against the undersigned under the provisions of any State in„lveoc for the low or oder derithe e().tovisions 1 Helder e kr ptc Act of flo deo. a. emended. or upon the making by the undersigned of on o+ gnmr a immediately due and payable upon the happening of any of the followingevents; U) Fall a top part of the of the Indebtedness im Yed of Ill Failure to goy any pert of the Indrbtrdaee+ when due; (2) nonperformance by the under' ft'thrr of �h em8rwith respect to the lnwith, or 057 oo- dittro imposed by, holder or Small Business Admtnisttntino (hereinafter called "SBA"), debtrdoess. (3) Holder's discovery of the undersigned', failure in any application of the undersigned to Holder or SBA to diseloen guy fact deemed tw Holder to be materiel or of the making therein or in any of the said agreements. or in any effidavil or other rine- umentssobmittedgtao connection with said application or the .ndebtednern, of any mtnrepresentattoo by, no behalf of, or Inc the ben" tion Ill of as amended) or' merger or consolidation orher then a f the undersigned (or the making oil lanyaagr agreement of the provision. therefor) withoutt the prior • ri 'r'. laneat such time or times as Holder -nay r eooer.^.t of Holder; (5) the underaigned'e failure duly to account, to Holder's satisfaction, ' f r quire, for soy of the Collateral, or proceed. thereof. coming into the control of the undersigned; or (6) the institution of s•:• e toexercise xecine the its rights deemed by Holder to affect p•ratlraph shall not canstiyu lea • waiver thereol.iln er in the Collateral or otherwise. (Lal !-r ere t 30A FOR• M 147 111.711 RCP': NO 510-1 PREVIOUS EDITIONS AND 50A FORMS 154. 32sA, 030 AND 530A ARE 015501-0.17. CC Cf SDA (DAL VI Overprint) $� DC n: Upon the nonpayment of the Indebtedness, or any part thereof. when due. whether by acceleration or nhherwhce. Holder is en•t n.. ••red to sell, assign, and deliver the whole or any part of the Collateral at public or pnvate eek, without demand. adverli.rw,rnt w n••nre of the time or place of hale or of any adjournment thereof. which are hereby expressly waived. After deducting all aspens• •nrirIental to or arising from such sale or sales, (folder mny apply the residue oI the proreed• thereof to the payment of the in,leh• t•••lnrss, ns it shall deem proper. returning the excess. it soy, to the undersigned. The undersigned hereby waives all rifting el tr- I••mptton or appr.ieemeot whether before or after sale. Ilolder is further empowered. to collect or esuee to be collected or otherwise to he converted into money all or any pan of thr- Collateral, by suit or otherwise, and to surrender, compromise, release. renew. extend, exchange, or substitute any item ell she Col. lateral in tranenctione with the undersigned or any third party, irrespective of any assignment thereof by the undersigned. and with- out prior notice to or consent of the undersigned or any assignee. Whenever any item of the Collateral shall not be paid wince due. or otherwise shell be in default, whether or not the indebtedness, or any part thereof, has become due. Holder shall have the sone rights and powers with respect to such item of the Collateral as are granted in respect thereof in this paragraph in case ell nonpav mrnt oI the Indebtedness, or any part thereof, when due. None of the rights, remedies, privileges, or powers of Holder erpres.ly provided for herein shall be exclusive, but each of them shall be cumulative with and in addition to every other right. remedy, privi• lege. and power now or hereafter existing in term. of Holder, whether at law or in equity, by statute or otherwise. The undersigned agrees to take all necessary steps to administer, supervise, preserve, and protect the Collnterel; and regartlles.. of any 'action taken by Holder, there shall be no duty upon Holder in this respect. The undersigned shall pay ell expenses of any OP • lure, whether incurred in or oat of court. and whether incurred before or after this Note shall become due at its maturity dente or nth••t- wise, including bot not limited to reasonable attorney's fees and costs, which Holder may deem necessary or'proper in enanection with the satisfeetion of the Indebtedness or the administration, supervision, preservation. protection of (including, but not limited ro, the maintenance of adequate insurance) or the realization upon the Collateral. Holder is authorised to pay at any time and from time to time any lir all of sack e>peaaee, add the amount of such payment to the amount of the Indebtedness, and charge interests thereon, at the rate specified herein with respect to the principal amount of this Note. The secnrity rights of Haider and its assigns hereunder shall not be impaired by Holder's sale,hypothecation or rehypethecatian of any note of the undersigned or any item of the Collateral, or by any indulgence, including but not limited to (a) any renewal. ex- tension, or modification whim Holder may grant with respect to the Indebtedness or any part thereof, or (b) any enrrender. comprt. mise, release. renewal, extensioo, exchange, or substitution which Holder may grant in respect of the Collateral. or (c) say indul- gence granted in respect of any endorser, gnaraotor, or surety. The purchaser, assignee, transferee, or pledgee of thin Note. the Collateral, any guaranty, and any other document (or any of them), Bold, assigned. transferred, pledged, or repledged, ohall forthwith become vested with and entitled to exercise all the powers and rights given by this Note and all applications of the onderaicn•el to Holder or SBA, as if said purchaser, assignee, transferee, or pledgee were originally named as Payee in This Note and is seed a•+phi• cation or epplicatioae. This promissory note is given to secure a luso which SBA is making ar in which it is participating lied, poreoant to Part 101 of the Roles and Regulations of SBA (13 C.F.R. 101.1(d)), this iastmmeat is to be construed and (when SBA is the Holderor a party/ in interest) enforced in accordance with applicable Federal law. • Charles N. Rayburn Dorothy A. Rayburn Note.—Corporate applicants most execute Note, in corporate name, by duly authorized officer, and seal most be affixed and ,!uiv attested; partnership a• tlicants must execute Note in firm name, together with signature of ■ general partner. ►A•:E ( .IDTFICATTON OF PROMISSORY NOTE Q Re: ___CarjaalLis-. Deet 433 resod, Tc7 78]19 CP 041 3Z2 10 03 WHEREAS, heretofore and under date of Apri1.4 , 1977 Corpus Qtr13t3 Pviat1 i, 2rc. (Hereinafter called "Borrower"), made, executed and delivered to iti +l lr'i._3.bZ_1 Bo 1't , one certain promissory Note, in the original principal amount of $ 200,030.00 , payable in =ellY installments of varic s arcunts eachpuluarAinterest at the rate therein provided, final_ maturity of said Note being Arxil 4, 1932 ; and, WHEREAS, it is mutually desirable, beneficial, and agreeable to the parties hereto that the repayment terms of said Note be modified as hereinafter set out; NOW, THEREFORE, in consideration of the mutual benefits inuring to each other, it is understood and agreed, by and between the parties hereto, that the terms and conditions of Borrower's Note, as above described, are hereby modified as follows: I sYh�y imta13=em of raid Botts chant= a1,105.0O3 c2. ctivn July 4, 1973. Data cf Maturity al said Nota shall to: T.,y.ii 4, 29n7. It is further understood and agreed that all other terms, conditions, and covennnr• of the aforesaid Note, not otherwise modified hereby, shall be and remain the same, that this Agreement, when executed by the parties hereto, shall be attached to arta.`r. •• a part of the original Note, and shall have the same force and effect as if the terror :r conditions hereof were originally incorporated in the Note, prior to its execution. IN WITNESS WHEREOF, this Agreement is executed by the undersigned parties as of tl.r , day of , 19 tsu1 .O L4. wrathy A. LtiyZUril(Borro'.0r) (Borrowers ACCEPTED BY: EMI! LT;du � IiZk•I1 77.Y^*:�'i'1�isi �IS1rt.=1 A. 4=-a:zr-4Ti' i er of Note) Ii- ncll Ni 1st s The undersigned endorsers, guarantors, and/or sureties.on the above described Note hereby join in and consent to the above Modification Agreement. Dated this day of • , 19 �� U N C DAL. VI Form 13 (2-76) PREVIOUS EDITION NAY BE USED UNTIL STOCK EXl1AUSTED REF: SOP 50 50 1 •. . uy� IT IS AGREED AND UNDERSTOOD that assumption of this indebtedness by the Transferee does not relieve the Transferor from personal liabilityvfor payment of the indebtedness referred to herein. AGES 10: TRANSt rta)R: CORPUS CHRISTI AVtATI0W, INC./ BY: /V M. Anthony Feher,/president ATTEST: STATE OF TEAS COUNTY OF TRANSFEREE: l ft Charles N. Rayburn 42,.-1!, , Dorothy A. burn ACENOTAIEDSIENTS LZLifil-J BEFORE ME, the undersigned authority, on this day personally appeared 1.1. Anthony Feher, known to ne to be the person whose name is subscribed to the foronoin,;- instrmrent and acknowledged to ne that he executed the sore for the purposes and consideration therein expressed and in the capacity therein stated as the act and deed of Corpus Christi Aviation, Inc. GIVEN under-my_hand and seal of office, this the //day of • STATE OF TDIAS COUNTY OF I\4R^/1.--5 , _- Notary Public in and for County, State of Texas BEFORE ME, the undersigned authority, on this day personally appeared Charles N. Rayburn and Dorothy A. Rayburn, known to me to be the persons whose names are suh;crib. '1 to the foregoing instrurent of writing, and acknowledged to me that they executed the said instrument for the purpose and consideration therein expressed. GIVEN under my hand and seal of office, this the '1 day of x A,D.,19 7• 4//d - Notary Notary Public in and for KAA,.n.p County, State of Texas CONSENT OF CITY The First City Bank of Corpus Christi, formerly Corpus Christi Bank and Trust Company, Trustee, (the "Trustee") by agreement between Trustee and the City, duly and legally approved by the qualified voters at an election held on August 29, 1959, is the Lessee of certain property located within the site of Corpus Christi International Airport, Nueces County, Texas. In the Base Lease, accepted and agreed to by the City, the Trustee assigned its leasehold interest in a portion of such property (herein referred to as the "Original Premises") to Sublessor. City hereby consents and approves this sublease of a portion of the Original Premises (herein referred to as the "Subleased Premises"). The City acknowledges that the Base Lease is valid and in full force. By consenting to this Sublease, the City does not waive any of its rights under the Base Lease as to Sublessor. This Consent is expressly conditioned on the Sublessee's acknowledgement and acceptance of the terms, conditions and covenants of the Base Lease as applicable to the Subleased Premises. This consent is also conditioned upon the following: 1. Payment either jointly or separately by the Sublessor and/or Sublessee of all outstanding personal property taxes and ad valorem taxes on improvements, ground rentals, and fuel flowage fees attributable to the "original premises" at the time of the signing of this Consent. 2. Sublessor agrees to develop the "remainder" premises in accordance with the development plan attached hereto as approved by the City's Airport Manager. Construction of the development plan improvements shall commence within ninety (90) days from the City's approval of the ATTACHMENT 1 proposed sublease. Construction shall be completed in accordance with the development plan within twelve (12) calendar months after commencement of said construction. Failure by Sublessor to develop the "remainder" premises strictly in accordance with the development plan shall be deemed an event of default under the Base Lease, but only with respect to the "remainder" premises and shall not be deemed and event of default of Sublessor with respect to the subleased premises. 3. Sublessee shall make its payments of "Additional Rent" directly to the City in the manner provided in Article VII of the Base Lease, or similar provision appearing in any modification or successor agreement to the Base Lease. 4. Both Sublessor and Sublessee shall be bound by the provisions of the Base Lease or any modification or successor agreement to the Base Lease. 5. If Sublessor defaults under the Base Lease and Sublessee is not in default under the Sublease, the City shall pursue its remedies against Sublessor and not Sublessee and shall permit Sublessee to continue to lease the Subleased Premises; provided, however, that the City may pursue its remedies against Sublessee if Sublessee is in default of a condition or covenant of the Base Lease to which it is bound, including, but not limited to the payment of ground rental and fuel flowage fees directly to the City. It is further understood that failure of the parties hereto to timely pay all personal property taxes and ad valorem taxes on improvements on the Base Lease Premises or Subleased Premises, respectively, may result in termination of the respective leasehold interest of the delinquent party. The City agrees that in the event of the cancellation, termination, expiration or surrender of the Base Lease, the City will accept the ATTACHMENT 1 Sublessee, as its Lessee for a period equal to the full unelapsed portion of the term of this Sublease upon the same covenants and conditions as are contained therein, and the City will thereafter become the Sublessor under this Sublease, and the Sublessee will become the Assignee under the Base Lease; provided, however, that Sublessee will not be required to consummate the Sublessor's development plan as described in Condition No. 2 above, and that the City will not be required to assume the duties and liabilities of the Sublessor under Section 3.036 and Section 4.01 of the Sublease, or any other financial obligation fo the Sublessor. If the Sublessee defaults in any of the obligations under the Base Lease relating to the Subleased Premises which it assumed by this Sublease, the City will give written notice to Sublessor and will allow Sublessor thirty (30) days after such notice in which Sublessor may cure any default. ATTEST: CITY OF CORPUS CHRISTI City Secretary APPROVED: City Attorney Assistant City Manager Date: THE STATE OF TEXAS § COUNTY OF NUECES § By BEFORE ME, the undersigned authority, on this day personally appeared , the City Manager of the City of Corpus Christi, a municipal corporation, known to me to be the person whose name ATTACHMENT 1 is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and considerations therein expressed, in the capacity therein stated and as the act and deed of said municipal corporation. Given under my hand and seal of office on this the day of , 1983. Notary Public in and for State of Texas My Commission expires: ATTACHMENT 1 CHARLES N. RAYBURN P. O. BOX 419 KENEDY, TEXAS 78119 June 13, 1983 Mr. Jerry Sealy Airport Manager Corpus Christi International Airport P. O. Box 9277 Corpus Christi, Texas 78469 Re: DOT Helicopter Sublease Corpus Christi International Airport Dear Mr. Sealy: In accordance with the March 30, 1983 agreement between Mr. Jay Doegey, Assistant City Attorney for the City of Corpus Christi, and Mr. Charles L. Eppright, my personal attorney, which agreement is restated in Mr. Doegey's letter to Mr_ Eppright_of May 3, 1983, I herewith submit my development plan for the development of the "remainder premises" of the 3.488 acre tract more particularly described in that certain assign- ment of Lease Agreement entered into on August 14, 1979, between Corpus Christi Bank and Trust Company, Trustee, as Assignor, and Charles N. Rayburn, as Assignee. The proposed improve- ments will be constructed in one phase. While the agreement between Mr. Doegey and Mr. Eppright provides that the con- struction of the improvements is to commence within one year of the City's approval of the proposed Sublease Agreement between Charles N. Rayburn and Omniflight Offshore, Inc., my goal is to commence construction within 90 days of the City's approval of that Sublease Agreement. Attached hereto as Exhibit A and incorporated herein by reference is a site plan showing the location and dimensions of all structures to be built, including buildings, hangars, sidewalks, driveways, parking lots, aprons, fences, and ramps. Under this proposal, there will be constructed 21 T -hangars and 6 small offices or storage rooms. Caiu SENT / .. Letter to Mr. Jerry Sealy ' June 13, 1983 Page Two The estimated costs for construction of the proposed improvements are as follows: Engineering $ 1,500.00 Dirt Work & Base 79,400.00 Foundation Concrete 86,800.00 Parking Area (black top) 28,000.00 T -F_- =gars 318,713.00 Electrical 11,518.00 Telephone 9,500.00 Plumbing 31,420.00 Miscellaneous 113,370.00 TOTAL $680,221.20 In connection with the construction of the improvements described in the development plan, I request that the term of the base lease on the entire 3.488 acre tract be extended for 30 years from the current termination date of July 30, 1990. I also request that I be granted an option to lease the remainder of the unimproved ramp south of our existing lease- hold, for the purpose of constructing a large hangar. The exercise of this option would be contingent upon the completion of t -he --development plan within twelve months of the commence- ment of construction. Upon the completion of the twenty-one hangars and six offices described in the development plan, 1 would propose to begin development of the referenced area, with a completion schedule of eighteen months. The plans and specifications for any development of the referenced area will be subject to prior approval of the Airport Director. Very truly yours, Charles N. Ra :•u n CNR:gc Enclosures NA SMITH ENGINEERS, INC. P. O. BOX 3099 J ZIP CODE 78404 4343 South Padre Island Drive Corpus Christi, Texas 7134111 June 8, 1983 Mr. Charles N. Rayburn, Sr. IMM -Rayburn, Inc. P. 0. Box 419 Renedy, Texas 78119 Re: Drainage and Paving Investigation, Lease Area at Corpus Christi International Airport Dear Mr. Rayburn: We have prepared a site grading and drainage plan for a lease area or 200' x 560' at the Corpus Christi International Airport, as directed by Mr. Bob Dickson. The outline of the plan is shown on the 24" x 36" drawing attached. The grading plan is controlled by the elevation of the edge of the existing ramp, and the necessity for limiting pavement_slopes at the hangar approaches to permit manual handling of -aircraft. Pavement slope within 40' of the hangar doors does not exceed 1% (1 foot dropper 100 feet of horizontal distance). Proper fit of the hangar doors requires that the sill be horizontal. We have stepped the most easterly hangar down 0.4' from south to north to reduce the fill required to a minimum for these criteria. Drainage will be on the surface toward the north. Maximum use is made of two existing 18" culverts, with a short run of 12"'CMP culvert required near the center of the lease terminating in the drainage ditch section. A summary of fill quantities required is listed below: Hangar Elev. Elev. Area Fill Space Slab I. Site Sq. Ft. Cu. Ft. 1 45.0 42.7 3,335 7,670 2 44.8 42.4 3,335 8,004 3 44.6 42.2 3,335 8,004 4-8 44.7 42.6 6,000 12,600 9-13 44.5 42.8 6,000 10,200 14-18 44.3 42.8 6,000 9,000 19-21 44.4 43.2 10,000 12,000 Mr. Charles N. Rayburn, Sr. June 8, 1983 Page 2 Paving Elev. Elev. Area Fill Area Slab I. Site Sq. Ft. Cu. Ft. A 44.5 42.5 9,600 19,200 B 44.8 43.1 8,400 14,280 C 44.7 43.2 10,400 15,600 D 44.4 42.8 9,600 15,360 E 44.6 43.2 10,400 14,560 F 44.4 42.9 9,600 14,400 G 44.4 43.2 8,400 10,080 H 44.2 43.0 9,600 11,520 The estimated fill quantity under the asphalt paved area along the entrance road (55' wide) is 11,280 cu. ft. The total fill required is 7,200 cu. yds. tight measure. Using a unit weight of 122 v/cu. ft. at optimum moisture content indicates that -11,860 tons of select fill material will be required. The fill calculations assume that existing site elevations will be lowered 0.3 feet by initial stripping operations and compaction of subgrade. The stripped material will be used for non—compacted fill around the perimeter of the improvements. , The quantity of fill required is a considerable expense. Reduction of this fill volume would require either a change in the acceptable slope of the ramp areas, rearranging the hangar locations, or both. Our statement for this plan and calculations is enclosed. We would be happy -to continue to assist you in the development of this project. Very truly yours, NAISMITH ENGINEERS, INC. j,1I )11l��GLIA James P. Naismith., P. E. JPN/mrc 2215 attachment NAISMITH ENGINEERS, INC. its, of Corpus Christi Department of .A%ianon June 23. 1983 Mr. Charles Rayburn P. 0. Box 419 Kenedy, Texas 78119 Dear Mr. Pav5ur'r: Your request to develop the "remainder premises" of 2.i7 acres was presented to the Airport Advisory Board on ;une 18, 1983. Your request was presented as requested in your June 13, 1983 letter, with 21 T -hangars arz six scall offices or storage rooms to be completed within twelve months follc:c- the conmencerer: of construction. The Airport Advisory Board approved your request to develop the remaining portion of the leased area with the provisal that the construction beeir within 90 days as stipulated in your letter and that the development period does not extend beyond the 12 month period after commencement of construction. At t`at time you would be granted an additional 30 -year period for the entire 2.488 acre tract covered under the base -lease. The term would begin to •un upon completion of your hangar facilities and not at the termination date of July 30, 1993. ;t was the Board's opinion that the 30 -year extension would be enough tire to ar:ortaze-your- construction costs and sive you a period of tine to enjoy your investment. Following timely completion of your construction of the 21 T-c?anoars we are recommending that you be granted the "right of first refusal" of the property contiguous and south of the present leased area. Should you fail to complete the original development as proposed then ,our right would be terminated for failure to meet the te'-s and con.'iti-ns of said right. If you exercise the right and develop the 'macre sour^ of :our present lease line you would oe given 18 months to develop that portion and would be expected to begin construction immediately upon notice from this office. Charles, we need to set down again and discuss the utilities and extendinc of sane to the premises as there is apparently a di`fere'ce in the size of the line required at this tire since it will be serving more than one facility. =lease notify this office at your earliest convenience so that we may discuss this -atter in more detail and move ahead with approval of your project. Your continued cooperation in this matter is appreciated. ___Pesoectfully, Jerry :L. Sealy • Director of Aviation JLS:lc • Gar Mane /Min z4.eneve 44v., Ai, ea • 61, SEC:7CV A ••1 : • •-•.• ,e -wee 4:3/d9 • • • I ' Men* ,00.5 .SECT/ON [513 5) Gyp. onoondons. J tom ., oO.O.VodeetoOlon*1 ones'. ovotros/ _ 5,10 Loos ORO o, • • a. end a AR • -• om000rd se.orre: ORAIV 5.5•CTION C•C • 0 .1 t 0, --••••••—•••11.• 0 PTI o 4) A RE A 01: then . - ' : • • •e. r•••••••. Cong.-row' Os 9,7 a...17MM ..,roser), .4o—oo t}lonstro • '7-"L''--1 CCNTRACTION dOINT 11.7 fftli• rn-en, Ore rooro,,,, tc,..1711 0.141,0/1 C C CONS7RUCTION ilOINT O,roe 'PC) ..1,,,Oasohs loon, ...loororto lor-Oarce 77-eaterpon• ....... f°•-=::":"1 . ? 5 -LJ .. .• ••. . .... ,.--1 ,:. I, • - :;'::,.....: :I- ....I.L11:::': :.....,,, , , -- -.. '.7,..i...... --.,-:_i:...1 -.C°7_!..."1-1;,-, _••••,_ ,..- . —0...._ . .,-, ____ _ 1..... ._ _,_.: •i• -.:_..,± ...a.__;._ • •:•• >2:: .-_,-1-:.0,-.1 :- -c—f — -----:: --' 4 ••,- •'''' • ,..-.. -,-.-.-.. ......-- •...... • . ,,•...-,....,,L " : • ::: .",. ..,-, ..._ _. ,,.... . ._ _., „..e._ ''—'------.-1:0,..arne---...”, -.''' .- Is—ff a: re-cren re aa '.•"-OZ.•400 ..SECTION A.5.01eALT/C • ...41,'EASENT AREA I • 7HICNi.�XP4N/Vt/iWf7 I 0 ion 4orrr, Lowe,. Conooe,d Ow, Goroororea .,%;• adnot AO,' I a, or* • •JV ( Goo,. rener-n, • ' „ are., own.... --- OrTH -- . .7.711xi (77NAISMITH ENGliNEFRS. !NI,- I /•7"), I, Le6671•1.0 Owego I blo•O armor, r7:1 Coro, /row Coo o afot I -" That the foregoing ordinance was,read for second reading on this the _, &1 iay of following vote: Luther Jones Betty N. Turner Jack K. Dumphy Bob Gulley Herbert L. Hawkins, Jr. Dr. Charles W. Kennedy Cliff Zarsky first time and p sed to its , 19X3, by the That the foregoing ordinance w44 .read for t �' se and time and p ssed to its -d third reading an this the027T"ay of , , , 19 ?3, by the following vote: Luther Jones Betty N. Turner Jack K. Dumphy Bob Gulley Herbert L. Hawkins, Jr. Dr. Charles W. Kennedy Cliff Zarsky That the foreoigg ordinan as read or the t14,cd time and passed finally on this the PA( day of , 19 N-13, by the following vote: Luther Jones Betty N. Turner Jack K. Dumphy Bob Gulley Herbert L. Hawkins, Jr. Dr. Charles W. Kennedy Cliff Zarsky PASSED AND APPROVED, this the Aei day of ATTEST: APPROVED: �/ DAY OF t.)w/y , 1983: J. BRUCE AYCOCK, CITYCIATTORNEY By st t U Assist ty Attorney , 19 i3. MAYO 17759 THE # Y OF CORPUS CHRISTI, TEXAS 5 PUBLISHER'S AFFIDAVIT CITYSOF CC STATE OF TEXAS, ss, County of Nueces. A Before me, the undersigned, a Notary Public, this day personally came. DEBRA JACKSON , who being first duly sworn, according to law, says that he is the ACCOUN.._QL LU of the Corpus Christi Caller and The Corpus Christi Times, Daily Newspapers published at Corpus Christi, Texas, in said County and State, and that the publication of NOTICE OF•PASSAGE OF ORDINANCE ON SECOND READING of which the annexed is a true copy, was published in CORPUS CHRISTI CALLER -TIMES on the1 day of AUGUST 10 83 and e each DAY thereafter fnr ONE consecutive DAY ONE des. 8 41.58 DEBRA JACKSON ACCOUNTING CLERK Subscribed and sworn to before me this 1 s t day of AUGUST EUGENIA S. CORTEZ Notary 1 l)Iic, Nueces Conn as NOTOCE OF .00 ORDINA CSSA NE { SECOND READING l CONSENTING TO THE SUBLEASE BY CHARLES N RAYBURN TO OM IS OFFSHORE, INC OF THE 0918 ACRE SITE OCCUPIEDOPTER AT. BY DCORPUOT S SHRI5TI INTERNATION- AL AIRPORT UNTIL JULY 13, 1990, CONDITIONED UPON PAYMENT OF OUTSTANDING TAXES, GROUND RENTALS, ES D FUEL FLOWAGE F E AND FURTHER COP, ON TIONED DEVELOPMENT OF RE- MAINING 2.570 ACRES OF THE RAYBURN LEASE ASSIGNMENT, AND OTH- AS SER ET CONDITIONS SINLTHE it "CONSENT OF CITY A- SUBSTANTIAL COPY OF WHICH 15 ATTACHED HERETO AND MADE A PART HEREOF, MARKED EXHIBIT "1" Was passed on second reading by the City Council of the City of Corpus Chris- ti, Texas on the 27th day 01 uly, 1983. The full text 00 said ordlubna`tn 1nea00 009 of ,� 'the 4 the City Setret•S Bi11 G Read ( Clty Secretary ! ` Corpus Chrlstl�__,_�Texes 1 • L NOTS 1. A°FI 0RDI E,OEw- ORDINANCE ON FIRST READING CONSENTING TO THE SUBLEASE BY CHARLES N. RAYBURN TO OMNI - FLIGHT OFFSHORE, INC. OF THE 0918 ACRE SITE OCCUPIED -BY DOT HELI- ' COPTER AT CORPUS it CHRISTI INTERNATION- AL AIRPORTUNTIL JULY f 13, 1990, CONDITIONED UPON PAYMENT OF OUT. - STANDING TAXES, GROUND RENTALS, AND I FUEL FLOWAGE FEES, • AND FURTHER CONDI. TIONED UPON DEVELOPMENT OF RE- ( MAINING 2570 ACRES OF L THE RAYBURN LEASE ASSIGNMENT, AND OTH- i ER CONDITIONS ALL AS ! SET FORTH IN THE "CONSENT OF CITY", A SUBSTANTIAL COPY OF t WHICH IS ATTACHED HERETO AND MADE A PART HEREOF„ MARKED • EXHIBIT "1". Was passed on first read- ing by the City Council of the City of Corpus Christi, Texas on the 20th day of July, 1983. The full text of said ordinance Is available to the public in the Office of the City Secretary, -s-Bill G Read City Secretary Corpus Christi, Texas p #9531 PUBLISHER'S AFFIDAVIT CITY OF CC ((^^j STATE OF TEXAS, lss. County of Nueces. J1 Before me, the undersigned, a Notary Public, this day personally came _—_.... DEBRA JACKSON , who being first duly sworn, according to law, says that he is the ACCOUNTING CLERK of the Corpus Christi Caller and The Corpus Christi Times, Daily Newspapers published at Corpus Christi, Texas, in said County and State, and that the publication of ' NOTICE OF PASSAGE OF ORDINANCE of which the annexed is a true copy, was published in on the 25 day of JULY __...._.19.83.., and once each......._ DAYthereafter for..... -14.1a.--. consecutive. DU ONE Times. /+2.57 DEBRA JACKSON/���p� D�}},, n� $••• - -- ACCOUNTING CLERK vX�''� C --S1 Subscribed and sworn to before me this 26th day of JULY 19 83 CORPUS CHRISTI CALLER -TIMES EUGENIA S. CORTEZ Notary ublic, Nueces County, Tuxes