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HomeMy WebLinkAboutResolution 2001-096 termination of 2.5-acre lease at marana airport MARANA RESOLUTION NO. 2001-96 A RESOLUTION OF THE MAYOR AND COUNC1L OF THE TOWN OF MARANA, ARIZONA, APPROVING THE TERMINATION, BY MUTUTAL AGREEMENT, OF THE 2.5-ACRE LEASE AT THE MARANA NORTHWEST REGIONAL AIRPORT. WHEREAS, the Town Council did approve Resolution No. 99-65, author/zing the execution of an Intergovernmental Agreement for the purpose of transferring the Avra Valley Airport from Pima County to the Town of Marana; and WHEREAS, the Town of Marana did succeed Pima County to the Lease Agreement, contract number 04-04-P-119419-1094, dated September 20, 1994, entered into by and between Pima County and Pima Aviation, Inc.; and WHEREAS, the Mayor and Council fred that it is reasonable and appropriate for the Town of Marana to resume control of this parcel of land; and WHEREAS, the Mayor and Council find that this parcel of land has significant value in establishing a corridor from existing infrastructure to potential developments to the west of the airport; and WHEREAS, the Mayor and Council have determined that it is in the best interests of the Town, the Marana Northwest Regional Airport and the airport's patrons to terminate this Lease Agreement; and WHEREAS, the Mayor and Council have determined that an adjustment in Fixed Rent paid by the Lessee to the Town shall be required as a result of thc Termination Agreement. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana, Arizona, that the Termination Agreement, attached hereto as Exhibit "A" and incorporated herein by this reference, is hereby approved. BE IT FURTHER RESOLVED that the Town Manager is directed to execute the Termination Agreement and the Mayor is authorized and directed to execute said Agreement. BE IT FURTHER RESOLVED that the Town's officers and staff are authorized to take all steps necessary and proper to give effect to the Agreement. Marana, Arizona Resolution No. 2001-96 1 of 2 PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 4th day of September, 2001. ATTEST: Mayor Bobby Sutton, Jr. Daniel J. ~ocb~li As Town Attorney m'~d not pcrsunally Marana, Arizona Resolution No. 2001-96 2 of 2 D.l!:PUTY RECORDER 7995 ROOA DOCKET: 11630 -E: 3370 hv. OF PAGES: 4 SEQUENCE: 20011750916 09/10/2001 TRMAG 17:30 F. ANN ROpRIG~Z, RECORDER RECORDED BY: , REZMS EZ MESSENGER ATTORNEY SERVICE CHANDLER PICKUP AMOUNT PAID $ 9.00 TERMINATION OF LEASE BY MUTUAL AGREEMENT This termination of Lease Agreement ("Agreement") is entered into by and between the Town of Marana a political subdivision ofthe State of Arizona ("LESSOR"), and Pima Aviation, Inc., an Arizona Corporation ("LESSEE"). RECITALS WHEREAS, LESSOR and LESSEE are parties to that certain Lease dated September 20, 1994, contract number 04-04-P-119419-1094, regarding a portion of the property located at the Marana Northwest Regional Airport (the "Airport") commonly known as the 2.51-Acre Lease (the "2.51-Acre Lease"). The 2.51-Acre Lease provides for an original commencement date of October 1, 1994, and provides for and original termination date of twenty-five years from the commencement date with an option to renew for an additional twenty-five years thereafter. WHEREAS, LESSOR purchased the Airport from Pima County, and as part of that purchase became the successor to Pima County. WHEREAS, the parties now desire to provide for the termination of the 2.51-Acre Lease immediately, irrespective oftheoriginal expiration date of the 2.51-Acre Lease. AGREEMENT NOW, THEREFORE, in consideration of the mutual provisions herein contained, the receipt and sufficiency of which is acknowledged by the parties, th'e parties hereto agree as hereinafter set forth. 1. Termination LESSOR and LESSEE agree that in lieu of the original expiration date October 1, 2019, the 2.51-Acre Lease shall terminate immediately upon recordation of this Termination Agreement (the "Termination Date"). Not later than the Termination Date, LESSEE shall remove all improvements and personal property from the Leased Premises and shall surrender and return the Leased Premises to LESSOR in good condition. .i. i 2. Continued Performance LESSOR and LESSEE agree that each party hereto shall continue to perform the party's respective obligations contained in the 2.51-Acre Lease including, but not limited to, LESSEE's obligation to pay Fixed Rent, through the Termination Date. If the Termination Date is other that the last day ofthe quarter (the - , ..... .,.:, ? (] Pima Aviation, Inc. Town of Marana Termination of2.51 acre lease 100 \ I \ "Payment Period"), the parties hereto agree that the Fixed Rent attributable to that part of the quarter through the Termination Date shall be prorated, based upon the daily rate. 3. Release Upon LESSEE satisfying the conditions set forth in paragraph 1 above, LESSOR and LESSEE hereby release, discharge and waive any claims against each other arising out of or in any way connected with the Lease and LESSEE's possession ofthe Premises, through the date ofthe Agreement; except that LESSOR shall not waive any claims for indemnification, contribution or apportionment of claims or liability brought against LESSOR by any third party resulting from LESSEE's possession and use of the Premises, nor shall LESSOR waive any claims for damages resulting from any latent or hidden defects or hazardous materials contamination caused by LESSEE or resulting from LESSEE's possession and use of the Premises. 4. Binding upon Heirs ..), This Agreement shall be binding upon and shall inure to the benefit of the parties and their respective heirs, legal representatives, successors and assigns. S. Final Agreement This Agreement shall constitute the final agreement and understanding ofthe parties on the subject matter hereof. This Agreement may be modified only by written amendment executed and signed by both parties. 6. Attorney Fees If any legal action is commenced to enforce or interpret the terms of this termination of Lease Agreement, the prevailing party shall be entitled to reasonable attorney's fees and costs in addition to any other relief to which the prevailing party may be entitled. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed under seal this 4th day of September, 2001. TOWN OF MARANA LESSOR ~ ~--=-,' / / '~~bbf sutto~ Jl ATTEST: ~,\,"U"'I~ ~ OF~ ~ ~ ~ ~~\\\"'''",,, I:> -~ ~ ~ ~~~ ~'"1..z........ ::: O.f\jORPORATE''?~ -~s 000 ~ - - = = - - '='SEAL;;: - ~ ~ ~;: ~ ~ ~ s ~ ~"I"Il\\\\~ ~ ~;~/Z. ,\g",\~ ~/IIUll\\" . . - . ...J: =.1 Pima Aviation, Inc. Town of Marana Termination of2.5I acre lease 20f3 APPROVED AS TO FORM: :;~~--e As Town Attorney and not personally PIMA AVIATION, INC. LESSEE ~,~~ G Abrams President, Pima Aviation, Inc. State of Arizona ) ) ss County of Pima ) The foregoing instrument was acknowledged before me this ~ day of September, 2001, by Gary Abrams, the President of Pima Aviation, Inc., ~ :: = State dArlDle ""VII Robin Crowe ExpIres July 26. 2001 ~d~) ~ NOTARY PUBLIC When Recorded Return to: Anne C. Graham-Bergin Raven & Awerkamp, P.C. 1 S. Church, Suite 1600 Tucson, AZ 85701 -:.::= ? Pima Aviation, Inc. Town of Maran a Termination of2.51 acre lease 30f3 o ~ . . ,. z < I- l'J Z <[.......... uZ > ~ <[<[ .......... W ~ql- =<[ >- Z ...-iL ~ W (/)U ~ ( \ ~ ) ., r--\ r..!" 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