Description: AGENDAHED.JPG
  

Item No:                    5H.

 

Meeting Date:           June 24, 2013

 

From:                          Raymond S. Sharp, Interim City Manager

 

Subject:                      Item Previously Tabled Until June 24, 2013 Agenda – Resolution authorizing execution of a Lease Agreement with Wipaire, Inc. for property located at 8816 and 9020 U.S. Highway 441, Leesburg, Florida at Leesburg International Airport

 

 


Staff Recommendation:

Staff recommends this item be tabled until such time as the final lease documents are executed by Wipaire, Inc., at which time the lease agreement will be brought forward for Commission action.

 

Lease revisions are in progress, but are not complete.  Revisions have been received from Wipaire legal counsel and the City Attorney’s comments have been provided to Wipaire.  Mr. Webb has been on vacation and will not be available for further discussion until June 24, 2013.

 

Analysis:

The lease agreement conforms to past practices as well as the spirit of the proposed lease policy.

 

The highlights of the agreement are as follows:

 


Options:

1.  Table this matter until such time as the lease revisions are complete and have been executed by Wipaire, Inc.; or,

2.  Such alternative action as the Commission may deem appropriate.

 

Fiscal Impact: 

The lease agreement will generate $19,936 of additional revenue annually for the airport.  After the economic incentive expires, the lease agreement will generate an additional $19,430 of ad valorem revenue annually to the general fund.

 

Submission Date and Time:    6/19/2013 6:38 PM____

 

Department: City Manager

Prepared by:  ______________________                     

Attachments:         Yes X    No ______

Advertised:   ____Not Required ______                     

Dates:   __________________________                     

Attorney Review :       Yes  X   No ____

                                                

_________________________________           

Revised 6/10/04

 

Reviewed by: Dept. Head ________

 

Finance  Dept. _BLM,_____________                                     

                              

Deputy C.M. ___________________                                                                         

Submitted by:

City Manager ___________________

 

Account No. _001-0000-362-0200___

 

Project No. ___________________

 

WF No. ______________________

 

Budget  ______________________

 

Available _____________________


 

RESOLUTION NO._______________

 

RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA, AUTHORIZING EXECUTION OF A LEASE AGREEMENT WITH WIPAIRE, INC. FOR SPACE LOCATED AT 8816 AND 9020 US HIGHWAY 441, LEESBURG INTERNATIONAL AIRPORT; AND PROVIDING AN EFFECTIVE DATE

 

BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA:

 

            THAT the Mayor and City Clerk are hereby authorized to execute a lease agreement with Wipaire, Inc. whose address is 1700 Henry Avenue, Fleming Field, South St. Paul, MN 55075, Attn:  Fred Vagts, for real property located at 8816 and 9020 U.S. Highway 441, Leesburg, Florida, 34788.

 

             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 _24th____ day of __June______ 2013.

 

 

 

                                                                            __________________________

                                                                             Mayor

 

ATTEST:

 

 

__________________________

City Clerk