Authorize Execution of a Second Lease Agreement Between the City of Fort Worth and Federal Aviation Administration for Continued Use of City Property Near the Holly Water Treatment Plant to Operate an Outer Marker Beacon to Serve Flight Operations for Meacham Airport and Authorize Waiver of Fair Market Rent (COUNCIL DISTRICT 9)

It is recommended that the City Council:

1.  Authorize the execution of a second lease Agreement with the Federal Aviation Administration for continued use of City of Fort Worth property near the Holly Water Treatment Plant to operate an outer marker beacon to serve flight operations for Meacham Airport;

2.  Authorize waiver of fair market rent and the charge of no rent or fees for the use of this area; and

3.  Find that authorizing the waiver of fair market rent and the charge of no rent or fees serves to carry out the public purpose of air safety for the flying public by providing a location for the operation of the outer marker beacon that guides flights safely to Meacham Airport.

On February 25, 1997, City Council approved a lease Agreement (M&C L-11924) with the Federal Aviation Administration (FAA) to place an outer marker beacon to guide aircraft to Meacham Airport.

The outer marker beacon occupies a 40'x40' plot of land owned by the City of Fort Worth near the Holly Water Treatment Plant.  The current lease is due to expire on September 30, 2016.

All parties desire to continue to lease the plot of land with a second lease Agreement for a term of five years to commence on October 1, 2016 and expiring on September 30, 2021.

As a control to ensure the public purpose use is adequately being carried out, the lease document contractually obligates the FAA to establish, operate and maintain their aviation facilities on the property.  

This contract will be with a governmental entity, state agency or public institution of higher education:  Federal Aviation Administration.

This property is located in COUNCIL DISTRICT 9.