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Res 127-83 7/5/1983RESOLUTION NO. 127-83 RESOLUTION APPROVING AND AUTHORIZING THE CITY MANAGER TO EXECUTE LEASE EXTENSIONS OF TWO YEARS AND THREE MONTHS AT CURRENT RATES WITH TENANTS AT WICHITA FALLS MUNICIPAL IAAIRPORT. WHEREAS, the City and Metro Rental's Inc. D/B/A Budget Rent-A-Car, entered into an agreement and lease of premises at Wichita Falls Municipal Airport, dated September 9, 1982, for a term expiring June 30, 1983, and; WHEREAS, the City and W. B. Owen D/B/A Avis Rent-A-Car, entered into an agree- ment and lease of premises at Wichita Falls Municipal Airport, dated July 1, 1978 for a term expiring June 30, 1983, and; WHEREAS, the City and Bill Hurley D/B/A National Rent-A-Car, entered into an agreement and lease of premises at Wichita Falls Municipal Airport, dated July 1, 1978 for a term expiring June 30, 1983, and; WHEREAS, the City and Robert A. Moore D/B/A Hertz Rent-A-Car, entered into an agreement and lease of premises at Wichita Falls Municipal Airport, dated July 1, 1978 for a term expiring June 30, 1983, and; WHEREAS, the parties to such agreements desire to extend each of the above agree- ments and leases for two years and three months, so that each shall expire September 30, 1985. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS THAT: Such two year three month extensions of the said four agreements and leases of premises, at current rates, are hereby approved and the City Manager is authorized to execute instruments so extending such agreements and leases. w PASSED AND APPROVED THIS the 5th day of July, 1983 M : Y 0 R ATTEST: fe _ 1,.44 i<< City Clerk