Council authorizes airport development agreement with Black Tie Aviation and amends airport lease approval language
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Summary
Council authorized the city manager to execute a development agreement with Black Tie Aviation for the airport project and approved formal lease amendments to replace 'director of aviation' with 'city manager' for sublease approvals.
Granbury City Council on Oct. 7 authorized the city manager to execute a development agreement with Black Tie Aviation related to airport development and approved amendments to two existing airport leases to update approval language.
Agreements and lease changes: Council authorized the city manager to execute a development agreement with Black Tie Aviation. Following that action, the council approved motions to amend two individual leases (Granbury Hangars, LLC and Beach Fork Agriculture, LLC) by striking the phrase “director of aviation” and substituting “city manager” in section 12.B and adding language allowing use of a universally used form for subleases to be developed by city staff and lessees.
Why it matters: The changes streamline administrative approvals for airport subleases and align execution authority with the recently authorized development agreement, staff said. The council also authorized POA funding to be used by an LLC for lighting, landscaping and seawall/retaining‑wall construction on Overstreet Way as related airport area improvements.
Vote and implementation: Council approved the development agreement and the lease amendments by recorded votes and authorized the city manager to execute documents and changes.
Ending: Staff will proceed to implement the development agreement and update lease forms and procedures for sublease approvals at the airport.
