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Res 1609 1/7/1975V RESOLUTION NO. &;g9 RESOLUTION APPROVING CONTRACT WITH BUDGET RENT-A-CAR FOR ADVERTISING SIGN AT AIRPORT. BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS, THAT: That certain contract, a copy of which is attached hereto, between the City of Wichita Falls and Joe Mayo and Joe Mayo, Jr. , doing business as Budget Rent-A-Car of Wichita Falls, concerning the right to display an ad- vertising sign and to install a telephone in the Claim Bag area of the Terminal Building, Wichita Falls Municipal Airport, is hereby approved, and the City Manager is auth- orized to execute the same for the City of Wichita Falls. PASSED AND APPROVED this the 7th day of January, 1975. M A Y O R ATTEST: CITY CLERK 4. / c A G R E E M E N T THIS AGREEMENT entered into this 7th day of January 1975, between the City of Wichita Falls, Texas, hereinafter called Lessor, and Joe M. Mayo and Joe M. Mayo, Jr. , copartners D/B/A Budget Rent-A-Car of Wichita Falls, hereinafter called Lessee. W I T N E S SETH : WHEREAS, Lessor is the operator of an Airport located in Wichita Falls, Wichita County, Texas, and known as the Wichita Falls Municipal Airport; and; WHEREAS, Lessee has indicated his desire to obtain certain advertising space in the Airport Terminal Building. NOW, THEREFORE, for and in consideration of the mutual covenants, promises and agreements herein contained, the aforesaid parties hereby agree with- each-other as follows:. I. Lessor does hereby grant to Lessee the right and privilege of'display- ing an:advertising:sign,;.furnished-by .13essee;_ in +the.1Claim.Bag jea_.af =the jar Terminal Building, the location, size and design to be approved by Lessor; which sign shall contain no rates or charges. Lessor does also hereby grant to Lessee the right to install, at Lessee's expense, a direct line telephone to Lessee's answering service and/or reservations desk for the purpose of customer convenience in arranging for rent car reservations. II. The term of this lease will be for a period of one (1) year, commencing on the 1st day of January, 1975, and ending on the 31st. day of December, 1975. Lessee shall have an option to renew said lease for two (2) successive one (1) year periods, provided that the provisions of said lease shall be subject to re- negotiations at the end of any or each of said one (1) year terms. III. In consideration of the privileges granted to Lessee herein, a total amount of Twenty and No/100 Dollars ($20.00) shall be paid to Lessor in advance each month during the term of this agreement. IV. It is further agreed by and between the parties hereto, after ninety 90) days from the effective date hereof, that either the Lessee or the Lessor shall have the right to terminate this agreement upon thirty (30) days written notice to the other party hereto, and the Lessee does fur- ther agree to and with the Lessor that upon the termination of this lease whether by lapse of time, or under any other conditions or provisions con- tained herein, the Lessee will peacefully and quietly yield up and surrender the leased premises unto the Lessor. In this event the rent shall be appor- tioned as of the date of the termination of this lease. V. Lessee shall, in case of fire or other casualty, give immediate notice in writing to Lessor, who shall thereupon cause the damage to be repaired forthwith-,----provided-materials-, supplies and-labor-are-reasonably- available. If any portion of the premises is rendered unfit for occupancy, the rent shall be apportioned for the period required to make the repairs according to the part of the premises, if any, which remain usable by Lessee. If the entire building shall be destroyed, then within thirty (30) days after the fire, or other casualty, either Lessor or Lessee may cancel this lease by notice in writing to the other, effective as of the date of the mailing of the written notice, except the rent shall be apportioned as of the date of the fire or other casualty. VI. Lessee further agrees to indemnify and hold Lessor harmless for any injuries or damage caused by or brought about by installing, moving, oper- ating or removing said advertising sign and direct line telephone, or in any other way contributed to by the advertising sign and direct line telephone or operation connected therewith. VII. If default in payment of rent is made by Lessee, or if any other convenant herein be breached by Lessee, then Lessor may terminate this agreement and remove Lessee therefrom. 2- IN WITNESS WHEREOF, the Parties hereto have executed this agreement on the day and year above written. CITY OF WICHITA FALLS, TEXAS: BY: Ger d G. Fox, Manager ATTEST: 11._--Z)--id__..2 i' ,- Ve,r,-2-e ,/",,,-.) Wilma J. Thomas, City Clerk LESSEE: IIII BY.1111).•"' ill 1 . —eel Joe M. Mayo, Copa Of r Joe M. Mayo, Jr. , C parrtner D/ /A-Budget Rent-A-Car o ichita Falls, Texas APPROVES AS TO FORM: 110111E-- 46,-.4 j ifa% f P. Hoge, Jr. , torney