AGENDA MEMORANDUM

Meeting Date:           August 27, 2007

From:                          Charlie Weller, Airport Manager

Subject:                      Resolution authorizing a Consent to Assignment of Lease among the City of Leesburg, Richard W. Bilton and Gregg Shaffer & Winton Douglas

Staff Recommendation:

Staff recommends approval of the Consent to Assignment of Lease.

Analysis:

Mr. Gregg Shaffer and Mr. Winton Douglas have purchased the corporate hangar, located at 32725 Echo Drive from Mr. Richard Bilton.  The lease between Mr. Bilton and the City was effective June 8, 1998.  It has a twenty-year term with one five-year renewal option.  All terms of this agreement will remain in effect.

Mr. Douglas and Mr. Shaffer intend to use the hangar for the following:

1. Storage of aircraft.

2. Aircraft Maintenance. (The hangar is configured to allow aircraft maintenance.)

3. Sublease a portion of the hangar and all of the office space to LifeNet for approximately one year until LifeNet can get a permanent facility constructed.

Please note  this hangar is one of two corporate hangars  owned by Mr. Douglas and Mr. Shaffer.  They are very good airport tenants.

This agreement was reviewed by the Airport Advisory Board at their August 15, 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:    8/24/2007 5:26 PM8/22/2007 2:11 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 CONSENT TO ASSIGNMENT OF LEASE AMONG THE CITY OF LEESBURG, RICHARD W. BILTON AND GREGG SHAFFER & WINTON DOUGLAS 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 Consent to Assignment of Lease agreement with Richard W. Bilton whose address is 41504 North Babb Road, Umatilla, Florida 32784 and Gregg Shaffer & Winton Douglas whose address is 9020 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.

                                                                            __________________________

                                                                             Mayor

ATTEST:

__________________________

City Clerk