AGENDA MEMORANDUM

 

 

Meeting Date:           August 27, 2007

 

From:                          Charlie Weller, Airport Manager

 

Subject:                      Resolution authorizing a Lease Agreement with Raymond D. Dominick, MD

 

 

Staff Recommendation:

Staff recommends approval of the Lease Agreement with Raymond D. Dominick, MD.

 

Analysis:

Dr. Raymond D. Dominick currently leases the building located at 8804 U.S. Highway 441.  The building is used as a medical treatment facility known as Lake Regional Urgent Care.  The current lease for this site expired  July 31, 2007.

 

The new lease will take effect on August 1, 2007 with a term of five years.  It includes an option to renew the lease for an additional five year period.  The current lease rate is $2,400.00 per month.  The new lease will be $2,706.64 per month with provision for 3% annual increase.  

 

This agreement was reviewed by the Airport Advisory Board at their August 15, 2007 meeting and recommended  approval.

 

Options:

1.  Approve the Lease Agreement with Raymond D. Dominick, MD

2.  Such alternative action as the Commission may deem appropriate

 

Fiscal Impact:

This lease agreement will generate $32,479.68 annually to the airport (revenue account 001-0000-362-0110).

 

Submission Date and Time:    8/24/2007 5:26 PM8/22/2007 2:10 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 ___________________

 

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 LEASE AGREEMENT WITH RAYMOND D. DOMINICK, MD FOR PROPERTY AT 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 Raymond D. Dominick, MD, whose address is 8804 South US Hwy 441, 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 __27th___ day of _August________ 2007.

 

 

 

                                                                            __________________________

                                                                             Mayor

 

ATTEST:

 

 

__________________________

City Clerk