Staff recommends approval of the Second Amendment to Lease to authorize Skybolt to sublease a portion of their building.
Skybolt Aeromotive Corporation leases the building at 9000 Airport Boulevard. Skybolt manufactures aircraft fasteners and other fasteners that are used in the race car circuit. The building includes a hangar bay that is 50 feet x 50 feet. Skybolt would like to sublease this area to War Bird Maintenance, LLC. However, until Skybolt’s existing lease is amended, the sublease cannot be approved because the existing lease does not allow the hangar bay to be used for aircraft maintenance.
The attached Second Amendment to Lease will allow Skybolt to lease the 50 foot x 50 foot hangar bay to War Bird Maintenance, LLC for their intended purpose. The proposed use will be a more effective use of this covered space. The amendment includes some restrictions on business operations in the hangar bay area. They are as follows:
1. Only Level One maintenance will be allowed.
2. The City Fire Marshall will insure proper fire protection has been installed.
3. The taxilane leading from the City T-Hangars to the GA ramp area cannot be blocked by parked aircraft or vehicles.
4. All other points covered by the original lease will remain in effect.
The Airport Advisory Board recommended approval of this agreement at their October 18, 2006 meeting.
1. Approve the Second Amendment to Lease, or
2. Such alternative action as the Commission may deem appropriate
Approval of this agreement will have no fiscal impact on the City of Leesburg.
Prepared by: ___Charlie Weller________
Attachments: Yes____ No ______
Advertised: ____Not Required ______
Attorney Review : Yes___ No ____
Reviewed by: Dept. Head ________
Finance Dept. __________________
Deputy C.M. ___________________
City Manager ________RS___________
Account No. _________________
Project No. ___________________
WF No. ______________________
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LEESBURG AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A SECOND AMENDMENT TO LEASE WITH SKYBOLT AEROMOTIVE CORPORATION APPROVING SKYBOLT TO SUBLEASE A PORTION OF THEIR LEASED SPACE TO WAR BIRD MAINTENANCE, LLC.; 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 Second Amendment to Lease agreement with Skybolt Aeromotive Corporation whose address is 9000 Airport Boulevard, Leesburg, Florida 34788, approving Skybolt Aeromotive Corporation to sublease a portion of their leased hangar to War Bird Maintenance, LLC. at Leesburg International Airport.
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 __13th___ day of __November_______ 2006.