Staff recommends approval of the Consent to Assignment of Lease agreement.
Effective July 27, 2007, Mr. Charles Brainerd, d/b/a Brainerd Helicopters, Inc. purchased the corporate hangar located at 8858 Airport Boulevard from Mr. Winton Douglas and Mr. Gregg Shaffer who owned the hangar jointly. The hangar was acquired to allow Mr. Brainerd to expand his business. The original twenty-year lease term for this site will end in August, 2021. There are no renewal options in this contract. All terms of the lease agreement will remain in effect.
The City has no objections to this transaction. Mr. Brainerd complies with airport rules and regulations and pays his rent (land lease payments) on a timely basis. Mr. Brainerd is aware that he will be expected to adhere to all conditions of the original lease that was generated between Mr. Jeff Rix and the City of Leesburg in 2001. That lease was assigned to Mr. Douglas and Mr. Shaffer in 2006.
The Airport Advisory Board recommended approval of this agreement at their August 15, 2007 meeting.
1. Approve the Consent to Assignment of Lease Agreement
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 ___X_ No _____
Advertised: ____Not Required __X___
Attorney Review : Yes __X_ No ___
Reviewed by: Dept. Head ________
Finance Dept. __________________
Deputy C.M. ___________________
City Manager ___________________
Account No. ____N/A__________
Project No. ___________________
WF No. ______________________
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE CONSENT TO ASSIGNMENT OF LEASE AGREEMENT AMONG THE CITY OF LEESBURG, GREGG SHAFFER & WINTON DOUGLAS, AND BRAINERD HELICOPTERS, INC.; 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 Consent to Assignment of Lease agreement with Gregg Shaffer & Winton Douglas whose address is 9020 Airport Boulevard, Leesburg, Florida 34788 and Brainerd Helicopters, Inc. whose address is 8850 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 __27th___ day of _August________ 2007.