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10,000 feet, and expands in width from 1,000 feet at its inner and lower edge to 4,000 <br /> feet at its outer and upper edge. <br /> C. Transitional Surfaces <br /> The Transitional Surface starts at the edge of the 50:1 surface and <br /> extends upward at a 7:1 slope until it intersects the Horizontal Surface, an imaginary <br /> surface that is horizontal and at an elevation 150 feet above the Established Elevation <br /> of the South Bend Regional Airport. <br /> d. Horizontal Surface <br /> The Horizontal Surface is a surface that is 150 feet above the <br /> Established Elevation of the South Bend Regional Airport and is bounded by arcs <br /> swung, at a 10,000 foot radius, from the physical ends of Runways 9R, 27L, 18 and <br /> 36; with said arcs connected by straight lines from the tangent points of each adjacent <br /> arc. <br /> 2. Parties agree to enter into a lease of the land shown on Exhibit "A" for a period of <br /> twenty (20) years, unless terminated sooner according to the terms of this Agreement by either <br /> party. In addition the parties agree there may be up to four (4), five (5) year options for an <br /> extension of the Lease as further negotiated in good faith between the parties. The Parties <br /> acknowledge that Exhibit "A" represents an initial parcel of real estate to construct Phase I of the <br /> training facility. The Parties further acknowledge that there is additional property of the Airport <br /> Authority that could constitute the full training facility, which property is described in the <br /> attached Exhibit "B". <br /> Upon receipt of an offer to rent any portion of land in the land described in Exhibit B <br /> (hereinafter referred to as "Offer") Airport Authority shall grant unto City the exclusive and <br /> irrevocable right of first refusal and first option to lease (hereinafter referred to as "Option to <br /> Lease") said land upon the terms and conditions hereinafter,set forth: <br /> a. The Option to Lease may only be exercised by City within 60 days from <br /> notification by Airport Authority that it has received an Offer. <br /> b. If the Offer is a lease, regardless of the term of the lease, the term of city's Option <br /> to Lease shall be for the remainder of the 20 years of this Interlocal Agreement. <br /> C. If any portion of the land described in the Offer is outside the land as described in <br /> Exhibit B, the Option to Lease only applies to that portion of the land inside Exhibit B. <br /> d. If the land involved in the Offer is not adjacent to Exhibit A, the Option to Lease <br /> shall also include such land within Exhibit B as City reasonably deems necessary to connect <br /> Exhibit A with the land in the Offer. <br /> 2 <br />