Staff recommends approval of the Block Hangar Space Rental Agreement with Antonio Cancel.
In 2006 the City of Leesburg built three corporate block hangars at Leesburg International Airport. Each hangar is 60’ x 60’ or 3,600 square feet in area and rents for $1,000.00 per month. Hangar #1 was vacant for several months despite efforts to find a corporate tenant. To develop an income stream from this hangar rather than have it sit empty, the space has been divided allow three tenants with small aircraft to share this location. The first space was rented in June. The attached agreement is for another space in this hangar.
Mr. Antonio Cancel has signed the attached agreement to rent space in hangar #1. The term of the agreement is on a month-to-month basis. The lease rate is $275.00 per month. The rental agreement includes language indicating that the hangar will be shared with other tenants and the responsibility that falls on the tenants as a result of occupying a shared space
1. Approve the attached Corporate Block Hangar Space Rental Agreement with Antonio Cancel; or
2. Such alternative action as the Commission may deem appropriate
This rental agreement will generate $275.00 per month to the airport (revenue account 001-0000-362-0200).
The total annual income when three tenants are found for this site will be $9,900.00 which is a reduction of $2,100.00 from the annual rent for a corporate tenant.
Prepared by: ___Charlie Weller____
Attachments: Yes __X__ No ____
Advertised: __Not Required __X____
Attorney Review : Yes _X__ No ____
Reviewed by: Dept. Head ________
Finance Dept. __________________
Deputy C.M. ___________________
City Manager ___________________
Account No. _001-0000-362-0200__
Project No. ___________________
WF No. ______________________
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA:
THAT the Mayor and City Clerk are hereby authorized to execute an agreement with (NAME OF COMPANY,) whose address is __(MAILING ADDRESS OF COMPANY)___, for __(LIST THE SERVICE TO BE PROVIDED________ (give the bid or RFP number if applicable.
THAT this resolution shall become effective immediately.
PASSED AND ADOPTED by the City Commission of the City of Leesburg, Florida, at a regular meeting held the _____ day of _________ 2007