HomeMy WebLinkAboutRES 910217 - Lease Assign Airport PropertyA RESOLUTION APPROVING A LEASE ASSIGNMENT OF
AIRPORT PROPERTY BETWEEN ROBERT GAYLOR
(ASSIGNOR) AND DRAEGmss MOTOR CO., INC.
(ASSIGNEE) -
WHEREAS, the City Council (the "Council") of the City of
Georgetown, Texas, has heretofore entered into a certain Lease
Agreement (the "Lease") with W. Ray Rogers and Russell D. Parker,
a Partnership, dated Jute 28, 1983.- and,
WHEREAS, the "Council" did approve the request of Parker and
Rogers to assign the "Lease", with certain modifications, to Robert
Gaylor on May 23, 1989; and,
WHEREAS, Robert Gaylor desires to transfer and assign said
"Lease", with the same modifications, to Draeger Motor Company,
Inc.; and,
WHEREAS, Draeger Motor Co., Inc., desires to accept said
Assignment; and,
WHEREAS, the Airport Advisory Board voted to recommend that
the "Council" approve said Assignment; and,
WHEREAS, the "Council" agrees that said Assignment is in the
best interests of the City;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS, THAT:
The Council finds the recitals set forth above are true and correct
and are incorporated herein for all purposes.
41DOWS "Oh -In
The Council hereby approves the Lease Assignment between Robert
Gaylor (Assignor) and Draeger Motor Co., Inc. (Assignee), in the
form attached hereto and incorporated herein.
The Mayor is hereby authorized to sign the Lease Assignment and the
City Secretary to attest.
BESOLVED THIS 14TH DAY 4E MAY, 1991
4.�H- o, Mayor
ATTEST:
r �
Elizabeth Cray. City Secretary
APPROVED , FORM:
Marianne Landers Banks, Attorney