AGENDA MEMORANDUM

 

 

Meeting Date:           March 26, 2007

 

From:                          Charlie Weller, Airport Manager

 

Subject:                      Resolution authorizing a Consent to Assignment of Lease among the City of Leesburg, John E. Freer and John Francis & Michelle Frances d/b/a Flying Colors of Leesburg

 

 

Staff Recommendation:

 

Staff recommends approval of the Consent to Assignment of Lease.

 

Analysis:

 

John Freer owns the T-hangar located at 8625 Airport Boulevard.  He wishes to sell the hangar and has entered into a contract for purchase of the hangar with John and Michelle Francis D/B/A Flying Colors of Leesburg.  The sale is contingent upon approval of the Consent to Assignment of Lease by the City of Leesburg.  The hangar will be used to house aircraft.  All terms of the original lease agreement, which will expire on December 31, 2009, will remain in effect.

 

This agreement was reviewed by the Airport Advisory Board at their March 21, 2007 meeting and recommended for approval.

 

Options:

1.  Approve the Consent to Assignment of Lease

2.  Such alternative action as the Commission may deem appropriate

 

Fiscal Impact

Approval of this agreement will have no fiscal impact on the City of Leesburg.

 

Submission Date and Time:    3/21/2007 4:26 PM3/20/2007 3:04 PM____

Department: ____Airport____________

Prepared by:  ____Charlie Weller_______                     

Attachments:         Yes__X_   No ______

Advertised:   ____Not Required __X___                     

Dates:   __________________________                     

Attorney Review :       Yes__X  No ____

                                                

_________________________________           

Revised 6/10/04

 

Reviewed by: Dept. Head ________

 

Finance  Dept. __________________                                     

                              

Deputy C.M. ___________________                                                                         

Submitted by:

City Manager ________RS___________

 

Account No. ____N/A__________

 

Project No. ___________________

 

WF No. ______________________

 

Budget  ______________________

 

Available _____________________


 

RESOLUTION NO._______________

 

A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A CONSENT TO ASSIGNMENT OF LEASE AGREEMENT AMONG THE CITY OF LEESBURG, JOHN E. FREER, AND JOHN FRANCIS & MICHELLE FRANCIS D/B/A FLYING COLORS OF LEESBURG FOR PROPERTY AT LEESBURG INTERNATIONAL AIRPORT; 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 Consent to Assignment of Lease agreement with John Freer whose address is 78 Cypress Drive, Eustis, Florida 32726, and John Francis & Michelle Francis whose address is 8864 Airport Boulevard, Leesburg, Florida 34788, for property 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 26th day of March 2007.

 

 

 

                                                                            __________________________

                                                                             Mayor

 

ATTEST:

 

 

__________________________

City Clerk