Loading...
HomeMy WebLinkAboutRES 81-421 R E S O L U T I O N BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the City Council set a public hearing for November 3 , 1981, to consider the following amendments to the Minimum Standards and Requirements for the Conduct of Commercial Aeronautical Services and Activities: 1 . Late Payments : All persons making payments to the City which are more than two ( 2 ) weeks overdue according to their contract payment terms, shall pay a late charge of one and one-half ( 1-1/20) percent per month on the outstanding balance. 2 . Termination, Lack of Insurance : Should any insurance required by any contract executed in compliance with these standards lapse, the contract shall auto- matically terminate as of the time and date of such lapse and the Fixed Base Operator shall immediately cease all operations covered by such contract at the Airport. PASSED BY THE CITY COUNCIL of the City of Beaumont this the /15zk/ day of � Mayor -