ORDINANCE
WHEREAS, the City of Chicago ("City") is a home rule unit of government under Article VII, Section 6(a) of the 1970 Constitution of the State of Illinois and, as such, may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, the City owns and operates an airport commonly known as Chicago O'Hare International Airport ("O'Hare"), and possesses the power and authority to lease premises and facilities and to grant other rights and privileges with respect thereto; and
WHEREAS, O'Hare provides vital services to the traveling public, to the air carriers operating at O'Hare, and to the economy of the City; and
WHEREAS, pursuant to an Amended and Restated Chicago-O'Hare International Airport Fueling System Lease (as amended, the "Existing Fueling System Lease") dated as of January 1, 1985, the City has leased certain land and related improvements at O'Hare and granted certain easements to certain airlines operating at O'Hare (collectively, the "Lessees") for the operation of a fueling system (the "System") at O'Hare; and
WHEREAS, the Existing Fueling System Lease, by its terms, will terminate on May 11, 2018 (the "Termination Date"); and
WHEREAS, in order to provide for the continued operation and maintenance of the System after the Termination Date, the City has determined to enter into a Fuel System Lease Agreement Chicago O'Hare International Airport, in substantially the form attached to this ordinance as Exhibit A (the "New Fuel System Lease"), with ORD Fuel Company, LLC, a limited liability company organized under the laws of the State of Delaware and authorized to do business in the State of Illinois (the "Lessee"), to operate and maintain the System; now, therefore,
Be It Ordained by the City Council of the City of Chicago:
SECTION 1. The above recitals are hereby incorporated by reference as it fully set forth herein.
SECTION 2. The Mayor of the City of Chicago (the "Mayor"), upon the recommendation of...
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