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8462ORDINANCE NO. 8462. AA? ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR AND CITY CLERK TO LEASE THE ENTIRE STORAGE AREA OF THE LITTLE ROCK MUNICIPAL AIRPORT HANGAR TO CENTRAL FLYING SERVICE, ESTAB- LISHING A RATE THEREFOR AND TERMS OF RENTAL, AND FOR OTHER PURPOSES. BE IT ORDAINED BY ThE CITY COUNCIL OF ThE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The Mayor and City Clerk are hereby authorized and directed to lease the entire airplane storage area of the municl- pal hangar to Central Flying Service. SECTION 2. The ar:ount of rental therefor shall be Three Hundred Dollars ($300.00) per nonth, payable monthly in advance on the first of each calendar r.onth during the term of rental. SECTION 3. The term for rental shall be for a period of twelve (12) months. SECTION 4. The rental agreement shall recp ire that the Tenant perform the following and meet the herein prescribed requirements: a. Keep in full force and effect, liability and property dam- age insurance covering all planes actually in storage. ` b. Rents and fees for storage shall be controlled by the City of Little Rock, as it has been in the past and any change thereof shall have the approval of the City Council. c. Citizensof Little Rock shall have first priority for stor- age privileges. d. The area of the Municipal Airport Hangar shall be used ex- clusively for the storage of planes and no other operations shall be allowed thereon or therein. e. Shall have an average of at least 4 hangar attendants on duty during all daylight hours, including* Sundays and holidays, and have at least one employee subject to call during hours of darkness for emergency. f. To place planes in the hangar, or rerr_ove planes from the hangar at the will and pleasure of the owner and /or owners without discrimination.. g. All operations conducted in an efficient and business _like manner. h. Maintain adequate fire protection and keep the floors free from rubbish and combustible material. i. Assume cost of all utilities, i.e. telephone, gas, lights and water. J. Tenant must be a citizen of Little Rock, furnish evidence of financial res onsibility and good moral character and have had at least five years experience ire base operations from C1assIV Airport, or better. k. Performance Bond in amount of one years rental must be deposited with the City Clerk. SECTION 5. Rental agreement must be subject to cancellation by the City of Little Rock upon sixty (60) days written notice. SECTION 6. All ordinances and resolutions, and /or parts of ordinances and resolutions in conflict herewith are hereby repealed, and this ordinance shall be in full force and effect from and after its passage and approval. PASSED: September 25, 1950• ATTEST: City Clerk I APPROVED: 0-0- Acting Mayor