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HomeMy WebLinkAbout02729 - FAA AIRPORT LEASE 20 ACRES TACHEVAH FARRELL FAA Lease 20 acres Ind.Par NW Corner Tachevah/Farrell AGREEMENT #2729 M04386, 7-5-89 AGREEMENT between UNITED STATES OF AMERICA and CITY OF PALM SPRINGS This agreement made by the United States of America, acting by through the Federal Aviation Administration, as represented by the Manager, Airports Division, Western-Pacific Region, hereinafter referred to as "FAA," and the City of Palm Springs hereinafter referred to as "City." WITNESSETH: WHEREAS, the city submitted a request by a letter dated March 20, 1989, a copy of which is attached hereto, and hereby incorporated herein and made a part of by reference; and WHEREAS, the city requested the FAA consent on leasing a twenty-acre parcel, that was acquired with Federal financial assistant, for clear zone and approach protection purposes of Runway 12; and WHEREAS, the city is obligated under various grant agreement with the FAA to expend an amount equal to the proceeds that could or will be realized from the lease of the said land for improvement of Palm Springs Regional Airport. NOW THEREFORE, in consideration of the covenants and agreements contained herein, FAA and City mutually agree as follows: Article I Pursuant to the authority contained in Public Law 100-223 and Part 152 of the Federal Aviation Regulations, FAA shall deliver to City a letter of consent for long-term leasing of the above mentioned parcel of that real property covered by the various Grant Agreements in effect at the Palm Springs Regional Airport for compatible purposes and future operational use of the airport. Article ii City shall expend an amount equal to the net proceeds derived from the leased real property and otherwise perform in accordance with all the requirements of the letter of consent, as attached hereto. 1 14 I M w _ „ "a _ 1. i .24 on n, f _ _ - - n 'ttiL � innln-., 31 , W 11 . 1 '.II W , 'I' 1..,. 2 . . PI in 1 .� (�i in, 1 on lop , 1, , n I i ,( on { I . 1� 01 Mt 0 1 k m 1'. _ 1 2 Article III This agreements shall remain in effect until FAA determines that City has complied with all terms thereof and FAA so informs City. Article IV The parties hereto agree that this agreement is personal and does not run with the land. UNITED STATES OF AMERICA The Administrator of the Federal Aviation Administration " a1 Manager,M1 Airports Division CITY OF PA[.M SPRINGS BY¢ i�._ ,Ct-,City Manager Dated in California, this '"' day of - `x" , 1989. P=1N,1°g„�-". VP D16YT:-ZEOT`e CO8.31101_ r tit City attorneys Date _ ' i � .. • _ .. _ � � _ � i � ___ J.; � i i .I i I i