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HomeMy WebLinkAbout0131_1301136 A RESOLUTION CONDIrLONALLY AUTliOR1'/,ING T)W' AS AVLONL'C:S, INC. r0 EXECUTE A SUBLEASE AGRUEMt'NT W [TH 141*KE' N [NSON' S PLANE 'THING, INC. FOR A CERTAIN rRACr OF LAND ON 'THE GEORGETOWN MUNICIPAL AIRPORT UNDER TERMS AND CONDITIONS CONTAINED IN A SUBLEASE AGREEMENT INCORPORATED NY REFERENCE AND RECITING CERTAIN QUARTERLY INSPECTION PROCEDURES TO BE UTILIZED WITH RESPECT TO THE AFOREMENTIONED PROPERTY WHEREAS, the City of Georgetown leased certain City of Georgetown Municipal Airport land to Avionics, Inc., by lease dated April 2, 1980, recorded in Volume 824, Page 317, Deed Records of Williamson County, Texas, and WHEREAS, the aforementioned laase agreement provides that Tejas Avionics, Inc., shall not assign or sublet the premises without first obtaining lessors written consent; and WHEREAS, the City of Georgetown, consents to such sublease for the six (6) month term but reserves the right to withdraw such consent c•n thirty (30) days notice after the initial term. THEREFORE, 't appearing that all such prerequisites of law have been met and satisfied and that it is accordingly appropriate for the City of Georgetown to conditionally consen t and approve of said sublease agreement at this time; BE IT TfJ!? .?FORE RESOLVED that the sublease from Tejas Avionics, Inc., tc Vike Pinson's Plane Thing, Inc., a copy of which is attached t:- this resolution and made a part hereof is hereby approved, s,.,b,Rct to the right of said City to withdraw such consent, with or vithout cause, if such sublaaae continues for more than the six (6) months. Such withdrawal of consent may be accomplished by the City mailing written notice thereof to the parties at the addresses as follows: TEJAS AVIONICS, INC. MIKE PINSON' S PLANE 2HING, INC. P. 0. Box 227 Route 2, Box 159M Georgetown, Texas 78626 Georgetown, Texa.i 78625 PASSED AND APPROVED THIS ;,� /A day of December, 1983. ATr: D. C, CITY SECRETARY APPROVED AS TO FORM: JOE B. MCMASTFR, CITY ATTORNEY J• HN C. DOLT PLEB, MAYOR