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Res 071-2002 7/16/2002RESOLUTION NO. '-1 I - DCOa RESOLUTION APPROVING THE ASSIGNMENT OF THE LEASE AGREEMENT FOR BUILDING NO. 91, KICKAPOO AIRPARK, TO KEVIN P. HYNES, WAIVING THE CITY'S RIGHT OF FIRST REFUSAL TO PURCHASE THE LEASED PREMISES, AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, the City of Wichita Falls, Texas, has a lease agreement with Melanie Gossett, as Guardian of the Person and Estate of Pat O'Neil ( "Lessee "), for Building No. 91 at the Kickapoo Airpark; and WHEREAS, the Lessee wishes to assign the lease to Kevin P. Hynes; and WHEREAS, the assignment of the lease agreement requires City Council approval; and WHEREAS, it is in the best interest of the City to consent to the assignment of the lease. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. The City of Wichita Falls consents to the assignment of the lease for Building No. 91 at Kickapoo Airpark from Melanie Gossett, as Guardian of the Person and Estate of Pat O'Neil to Kevin P. Hynes. SECTION 2. The City of Wichita Falls waives its right of first refusal to purchase the leased premises, as provided under Article XI of the lease. SECTION 3. It is hereby officially found and determined that the meeting at which this resolution was passed was open to the public as required by law. PASSED AND APPROVED this the 16th of July 2002. ATTEST: jity Clerk