HomeMy WebLinkAboutC2008-374 - 10/14/2008 - ApprovedEXTENSION AGREEMENT
T S G EMENT is made and entered into this ~~`~ day of
2008, by and between the CITY OF
CORPUS CHRISTI, a municipal corporation and political subdivision of the State of
Texas, hereinafter referred to as "CITY," and CONTINENTAL AIRLINES, INC., a
corporation organized and existing under the laws of the State of Delaware and
authorized to do business in the State of Texas, hereinafter referred to as "AIRLINE."
1) Beginning August 1, 2008, charges for the use of the exclusive area assigned to
AIRLINE, plus covered walkways and gates, and outside baggage access area
shall have an increase of 1.5%. See Exhibit "G-3".
2) The term of this agreement is for One Year, effective August 1, 2008 thm July 31,
2009.
All other terms and conditions of the Airline Use and Lease Agreement for Corpus
Christi International Airport, dated July 20`", 2004, which are not inconsistent herewith
shall continue in full force and effect during this renewal period.
IN WITNESS WHEREOF, the parties hereto have themselves or through their duly
authorized officers executed this Extension Agreement effective as of the day and year
above first written.
EXECUTED IN DUPLICATE ORIGINALS this ~y of, 2008, by the
authorized representative of the parties.
ATTEST:
r~
Armando Chapa
City Secretary
2008-374
10/14/08
Ord. 027888
Continental Airlines
City of Corpus Christi, Texas
~~ ~~~
`Angel R. Escobar
Interim City Manager
AUTHORIZES
QY COUNCIL..,..LO,~,~,~,~
-------._.._._.... In
SFCitFTARY tJ
APPROVED AS TO LEGAL FORM THIS DAY OF`2008:
Eliza h Hund y
Assis nt City Attorney
For City Attorney
AIRLINE: CONTINENTAL AIRLINES, INC.
~J ,---_ ___-
~~ ~~`
By:
Name: Holden Shannon
Global Real Estate
Title: and Security
EXHIBIT G-3
CALCULATION OF AIRLINE CHARGES
FY 2009
SIGNATORY AIRLINE TERMINAL RENT
Airline Leased Square Footage 26,176 Subject to adjustment. Includes CU Bag Areas
WEIGHTED AVERAGE RATE PSF f .19.18 1
Airline Exclusive & Preferental Use Leased Space 20,173 Subject to adjustment.
Total Airline Terminal Rent 992,064
SIGNATORY AIRLINE COMMON USE CHARGES
Common Use Baggage Claim Area Square Footage
Cost of Areas @ Weighted Average Rate PSF
6,003
295,208
Terminal Security Costs
Less Terminal Security Cost Recovery
Net Terminal Security Cost
Net Allowable Costs
SIGNATORY AIRLINE LANDING FEES
Landing Fee Rate
293,619 Source Exhibit G-2 Cosl Center Allocations
cea,o m
E 588,627 20/80% Recovery of Cost based on enplanements
1.82
SIGNATORY AIRLINE APRON FEE
Apron Charge per preferential position
Apron Charge for joint use positions
SIGNATORY APRON OVERNIGHT PARKING FEE
FEDERAL INSPECTION SERVICES (FIS) FEE
f. ~ 1f8.87Y For five preferential positions, six beginning May t, 2008
0 20/80% Recovery of Cost based on enplanements
167.69
E 2.50 per passenger