M. ID 23-1472 Consider adoption of an ordinance of the City of Denton approving an Assignment of Airport Lease from DTO 4858 LLC to GKY Holdings 1, LLC of an airport lease covering property at 4858 Lockheed Lane, Denton, Texas at the Denton Enterprise Airport; amending the existing Airport Lease; authorizing the City Manager to execute the Assignment of Airport Lease; and providing an effective date. Airport Advisory Board recommends approval (5-0). - City of Denton, TX

Meeting: City Council on 2023-08-15 1:00 PM

Meeting Time: August 15, 2023 at 1:00pm CDT

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Agenda Item

M. ID 23-1472 Consider adoption of an ordinance of the City of Denton approving an Assignment of Airport Lease from DTO 4858 LLC to GKY Holdings 1, LLC of an airport lease covering property at 4858 Lockheed Lane, Denton, Texas at the Denton Enterprise Airport; amending the existing Airport Lease; authorizing the City Manager to execute the Assignment of Airport Lease; and providing an effective date. Airport Advisory Board recommends approval (5-0).

AIS Exhibit 1 - Agenda Information Sheet Exhibit 2 - Location Map Exhibit 3 - Request to Assign Exhibit 4 - Ordinance - Consent to Lease Assignment Exhibit 5 - LLC information