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HomeMy WebLinkAboutC05-271 American Airlines_first amendment
FIRST AMENDMENT TO THE HANGAR LEASE
BETWEEN
EAGLE COUNTY REGIONAL AIRPORT
AND
AMERICAN AIRLINES, INC.
FIRST AMENDMENT is hereby made and entered into this _ day of
2005, by and between the County of Eagle, State of Colorado, a body
by and through its Board of County Commissioners (hereinafter
referred to as the "Lessor") and American Airlines, Inc., a Delaware corporation
authorized to do business in the State of Colorado (hereinafter referred to as the
"Lessee").
WITNESSETH
WHEREAS, Lessor owns and operates the Eagle County Regional Airport
(hereinafter referred to as "AIRPORT") located in Eagle County, Colorado; and
WHEREAS, on November 9,2004, Lessor and Lessee entered into a Hangar
Lease, effective August 23,2004, whereby Lessor leased to Lessee a portion of the
aircraft hangar for the purpose of maintaining aircraft support equipment owned and
operated by Lessee, Lessee's contractors or agents and employees of Lessee (hereinafter
referred to as the "Agreement"); and
WHEREAS, pursuant to Section 4 of the Agreement, the lease shall be for an
annual term commencing on August 23,2004 and ending on August 22,2005. The term
shall be manually renewable each year thereafter by written notice, at least sixty (60)
days prior to the annual expiration date; and
WHEREAS, Lessor and Lessee desire to extend the Agreement for an additional
eight (8) month term commencing on August 23, 2005 and ending on April 30, 2006;
and
WHEREAS, pursuant to Section 24(M) of the Agreement all amendments to this
lease must be in writing by mutual agreement of the parties.
AGREEMENT
NOW, THEREFORE, the parties in consideration ofthe covenants and
agreements as more fully set forth herein, and as set forth in the original Agreement do
hereby agree as follows:
1. Lessor and Lessee hereby agree to extend the Agreement for an additional
eight (8) month term commencing on August 23, 2005 and ending on April 30, 2006.
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2. The rent for the term of this lease renewal, from August 23, 2005 through
April 30, 2006, is SIX THOUSAND NINE HUNDRED AND SIXTEEN DOLLARS
AND TWENTY CENTS ($6,916.20) based on a prorated calculation derived from the
base rental charges established in Section 5 of the Agreement. All of the provisions of
Section 5 of the Agreement regarding rentals and charges shall remain in full force and
effect.
3. The terms ofthe original Agreement shall continue in full force and effect
except as modified by this First Amendment.
IN WITNESS WHEREOF, the parties have hereunto set their hands and
signatures the day and year first mentioned above.
COUNTY OF EAGLE, STATE OF
By and Through Its
ATTEST: COMMISSIONERS
Clerk to the Bo rd of
County Commissioners
AMERICAN AIRLINES, INC.
STATE OF COLORADO )
) ss:
COUNTY OF EAGLE )
The foregoing instrument was subscribed and sworn to before me this ~G,~ay of
2005 by of American
Airlines, Inc.
Witness my hand and official seal.
My commission expires:
e KAllflEEN F DA~S
* ~ * NOTARY PUBLIC
State of Texas
Comm. Exp. 11/30/2006
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