§ 3-38. Qualifications, application and agreement.

(a)

Applicant and qualifications. Any person, firm or corporation desiring to provide any or all of the commercial uses described in this division at the municipally owned airport shall make an application in writing to the city council, on a form prescribed by the city manager, stating that he or it is able, or will be able, within ninety (90) days after the date on which the city council may grant its permission and consent, to meet the following qualifications, where applicable, except as otherwise provided by agreement with the city:

(1)

That such person, firm or corporation is insured, and will continue to be insured, and will provide the city with evidence of such insurance against public liability and property damage in the following amounts:

For injury or death to one person ..... $100,000.00

For injury or death to two (2) or more persons in one (1) accident ..... 300,000.00

For damage to property ..... 100,000.00

For aggregate damage to property ..... 300,000.00

(2)

Maintain a capital investment upon the airport of equipment, the fair value of which, at all times shall be not less than sixteen thousand dollars ($16,000.00); except in the case of those persons authorized solely to operate concessions, vending machines, or any other commercial enterprises other than that more particularly described in this division, such person, firm or corporation shall maintain at all times, property and equipment upon the airport, the fair value of which shall be not less than three thousand dollars ($3,000.00).

(3)

That in the case of those persons, firms or corporations offering charter, rental, flight instruction, or sale at retail or wholesale of new or used aircraft, such persons shall maintain a current agreement as an aircraft dealer with some recognized, responsible aircraft manufacturer or franchised dealer.

(b)

Agreement to be executed. Upon receipt of an application as provided for in this division, the city council shall, within thirty (30) days, hold a hearing and review the application in the light of public convenience and necessity for such services at the municipally owned airport; an appropriate agreement in the form and content as approved by ordinance shall be executed by the city manager. The agreement shall provide for, among other things, the place and time for the payment of fees; the rights, duties, responsibilities and obligations of the parties thereto; and the term of this agreement.

(Ord. No. 10016, § 5, 6-4-73)