§ 22-135. Removal of leasehold improvements and equipment.

Approval may be granted for a tenant at the airport to remove leasehold improvements or equipment financed by the city only under all of the following conditions:

(1)

The lease does not prohibit such removal and all conditions imposed by the lease upon such approval will be met;

(2)

If the improvements to be removed were financed by the tenant, the tenant must agree to restore the premises to their original condition before such improvements were constructed or installed;

(3)

If the improvements to be removed were financed by the city, the aviation general manager shall first make a determination of whether the improvements to be removed could be desirable for proper and efficient use of the premises in the future and:

a.

If it is determined that the improvements might be needed in the future, the tenant must agree to pay to the city in cash, prior to removal, the unamortized principal balance of the cost thereof; or

b.

If it is determined that the improvements will not be needed in the future, the tenant shall have the option to post with the city for the unamortized principal balance a letter of credit, payment bond or other form of rental payment guarantee acceptable to the chief financial officer, in lieu of paying the unamortized principal balance of the cost of such improvements; and

c.

The tenant must agree to restore the premises to their original condition before the improvement was constructed or installed.

(Code 1977, § 12-3047)