§ 36.003 LEASE AGREEMENTS.
   (A)   The city’s Board of Aviation Commissioners is empowered to enter into lease agreements as of the dates specified with the following individuals and/or corporations, partnerships, or other business entities, having found the entities to have satisfactory character, experience and financial responsibility, for the lease of lands owned by the city and under the control of the city’s Board of Aviation Commissioners, which leases are more fully described below, for long-term periods not to exceed 50 years as indicated:
   Leases on the Elkhart Municipal Airport
Name
Address
Term (years)
Date
Name
Address
Term (years)
Date
BMW Partnership
P.O. Box 1346 Elkhart, IN 46515
40 + 10 (option)
2-1-1980
Elkhart Brass
P.O. Box 1127 Elkhart, IN 46515
40
6-1-1982
Hoover/Eagle Farms Properties
1328 S. Main St. Elkhart, IN 46516
40 + 10 (option)
6-15-1982
Mervin Lung
1800 S. 14th St. Elkhart, IN 46517
40 + 10 (option)
12-12-1979
Miles, Laboratories, Inc.
1127 Myrtle Street Elkhart, IN 46514
40 + 10 (option)
7-21-1987
Skyline Corp.
2520 By-pass Rd. Elkhart, IN 46514
40 + 10 (option)
10-8-1979
Stutsman Aircraft, Inc.
53617 C.R. 5 N. Elkhart, IN 46514
40 +10 (option)
2-5-1980
Trans-Aire International, Inc.
52652 Mobile Dr. P.O. Box 2178 Elkhart, IN 46515
40 + 10 (option)
7-21-1987
Najeeb Khan
30 + 10 (option)
9-26-1995
 
   (B)   The City Board of Aviation Commissioners is empowered to negotiate and enter into leases for such long-term periods not to exceed 50 years upon such terms and conditions as the Board shall determine to be fit and proper, and the decisions relating to the terms of the lease, location of the proposed hangar facility, and approval of construction plans shall be with the city’s Board of Aviation Commissioners.
(1979 Code, § 36.03) (Ord. 3818, passed 8-17-1987; Am. Ord. 4218, passed 9-26-1995)