LEA$E AGREEMENT Thi$ Agreement is entered into between the TOWN OF NORWOOD, a
**municip~l** corporation duly organized under the laws ' of the

**Comn~onwea.l.th** of wasachuutts, hereinafter called "the 

# ilLeuor 1 " and BOSTON METROPOLITAN AIRPORT, IN:., the corporution I :; duly organiud under the laws of the Cornmonweolth of Massuchusetts' , 

## j' hereinafter called "the Lessee", , / WHEREAS the Lessor h the lawtiul ownu of a certain 

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### .,pHcel of land thown as Parcel 2 on the Exhibit "A" property plan

attached to a Qrant Agreement relating to the development of the Norwood

**Me~oritl** Airport, Norwood, Mas$achusetts, under FAAF

·· project Number 9·19·019·C603, taid Parcel 2 being also &hown as 

# ilporcell on a plan entitled "Plan of Lund in Norwood, Muss.," I ;I 

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**~** dated February 23,

**~963,** 

## w. R. Ryan,

**Ci~i~**Engineer, recorded in 'I .(tl Norfolk Regi•try Di$trict o! the Land court together with the deed, 

## !; to the rown of Norwood of said pucel1 and I, II :I WHEREAS the

**afore&~id** agreement between the United 

# ii Statu of Nnelico ond the Town of Norwood obli<;Jatts the Town to / ., ocquire said pucel 1 ill u more •peci!ic•lly ut forth in speci1l condition No. 17 of the AgreernentJ

**an~** 

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**WHER~t\S** the Lnsor is not able to acquire Porcel 2 by ;, 

### ;i purchaae for fair value1 and 

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### WHEREAS the Letsee it willing to transfer title to the Le•sor of •aid Parcel 2,

**s~bject,** however, to the lea•• back of the said Parcel for a •ufficient period of time so that the fair value of the property may be realized through the lease arrangemenh1 &nd

### WHEREAS the foregoing method of acqui•ition is the only procedure whertundtr the Leuor can comply with ih oblig.:.tions to the United

**$t~t••** under soid Special Condition 171 NOW, 

### THEREFORE, it is mutually under$tood

**~nd ~greed**  that the Lessor lease& Pa:cel

**~** as shown on the aforementioned Exhibit "A" property plan back to the Lessee for a period of I !

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### twenty years !rom the date of execution hereof. The Lessee shell " II' 

### "have the option tp Hntw the Leau herein for three subsequent ;1 

### twenty year pHiods by the giving of notice in writing to the :! :j 1 · 

### Town of Norwood o! its exercin o! soid option at ltcat ono hundred 

## II eighty days prior to the expiration of any such period. Thi& Leij&e ia subject, nevertheless, to the following
/ '

**sh~ll** 

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**rev~ew ed**  

### prior to their execution by the **Maas~chusetts** 

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## il !i :I il 

# !i 1: 

### i!. Aeron.a\ltiet

**C01111n,~ ,.ion**  

### and the Fedeul AYhtion AdminhtuUon 1 .

### ' or the suceeHol •geneiu, 1nd approved,; · . . iO:writing, by the 

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\t, Norwood
**~irport** 

### commiseion, and (e) Tht Leftte egrets that no improvements will be made: i 

### nor any building or structures be erected on Parcel 2 without the prior written approval of the Norwood Airport commission, end (d) In each instinct, where the approval of the Norwood1 1 . 

### // Airport

# C~mmission is required under this agreement, the Norwood 

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### Airport commission sh4ll withold such approval only if the proposel 

### ij conduct by the Lutee violates the foregoing aubparagraph (c). 1 11 (t) 

### Tht Ltsste c19:tt1 to pey to the Town o! Norwood i !I 

### an tnnuel rtnt equll to the amount that would be aueued JS 

### real

# I ii estate 

### on soid pucel 2, exclusive of buildings or othu 

### structur_~s 1 /i 

### had the Lessee continued to hold title. Tht amount of this rent I I 

### shall be **dtter~intd** 

### ••ch yeatby tht Norwood Board of Assessors, 

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**usin~** 

### tht

**•~me** 

### ttandarde 4$ 

### ustd in 1sse1sing real
**ett~te** 

### taxta, 

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## !I and (f) 

### The Lesltt agrees to pay the **ofore~aid** 

### rent each year in accordanc• with the laws and requisitions applicable to

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**~**

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# I .(g) Tht Ltasor agrtta that preaent and future buildings 

# I and atructurea

**~h•ll** remain the property of th• Lessee, or its I 

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# li aaai9ns, but that

**~n** occupancy charge shall be paid to the Town of Norwood annually, to be determined and paid as provided in uctions (t) and (f) above, and (h) Afailure by the Le&&ee to pay the sumo called for by paragraph (e) or (f) u bove in the event of J dispute us to the amount due, ahall not constitute a breach by the Lessee of the proviaiona of thi& Agreement. In the event of auch a dispute, I the dispute shall be resolved by arbitration pursuant to the rules' of tht American AXbitrution Asaociation and the provisions of the

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## I I lawa of the **common~talth** of Maasachusatts pursuant to 5UCh arbitration.

·I However, in the event a final **determin~tion** shall be I '. I made pursuant to auch **~rbitration proce~~~~s,**  failure by the :! Lesaee to comply with such final determination ahall constitute 

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# I I breach of this Leaae. (i) In the event the Lessor shall claim that the Lusee1 has violated this Agreement in any reapect, hq shall give notice to the l,.euu in writing atating in full det.Jil all sucil claims and the Lessee shall be permitted thirty days following the receipt of aueh notice in which to curt such breach. ( j ) Thia agreement

**m~y** be ttrminatpd by mutual agreement of both partita hereto, and shall not be asaigned, in whole 

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**p~rt,** without the prior **~grte~ent** of tht Norwood Airport Commission in W4iting. IN WITNESS WHEREOF, the &aid TOWN OF NORWOOD hus CdUstd its corporate stal to be hereunto affixed and the$t presenta to 

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be executed in ita name and behalf by W illiam

## c. Kendrick,
**Ch~rles** L1Rich,
**~alter** R· Ryan, Walter A· Blasenak, Harry B· Butters,
1 James J. Drummey, John A· Abdullah, Gedmun

## c. Dauksh and James J, Hawley, its Airport Commission, hereunto duly authoritid, and the

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**~** ': 

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## li 'I \, I said BOSTON METROPOLITAN AIRPORT, INC. has cauaed it& corporate seal to be hereunto

**~ffixed** and these preaents to be executed in its name and behalf by its Preaidont Carl A· Johnson, hereunto duly authorited this ---------- I A.D.' 1967. 

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(Town Stal) BOSTON MnROPOLITAN i\IRPORT, I1'-.C. • •' .t' . ., . )

- I ' ) _. BY ( ,<H"i,f:'t I .

**·'~**

**·**

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## Cafr A· Johna9n, President



# ~w.~~

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**~¢n,** Trtosuru (Sul)

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