AGENDA MEMORANDUM

 

 

Meeting Date:           October 13, 2008

 

From:                          Charlie Weller, Airport Manager

 

Subject:                      Resolution authorizing a Consent to Assignment of Lease among the City of Leesburg, John Francis and Michelle Francis d/b/a Flying Colors and Paul Perkins d/b/a Gold Gator, Inc.

 

 

Staff Recommendation:

Staff recommends approval of the Consent to Assignment of Lease agreement.

 

Analysis:

John Francis and Michelle Francis own a small T-hangar at 8625 Airport Boulevard (also known as the Jack Freer T-hangar).  Mr. and Mrs. Francis have sold the T-Hangar to Mr. Paul Perkins, d/b/a Gold Gator, Inc.  Mr. Perkins will use the T-Hangar to hangar his Cessna 172 Aircraft.

 

All conditions of the original lease will remain in effect.  The term of the original lease expires at midnight, January 1, 2009.  At that time the T-Hangar becomes the property of the City of Leesburg.  The current rent for this site is $446.20.

 

The Airport Advisory Board reviewed this agreement at their October 8, 2008 meeting and recommended approval.

 

Options:

1.  Approve the Consent to Assignment of Lease agreement; or

2.  Such alternative action as the Commission may deem appropriate

 

Fiscal Impact

Approval of this agreement will maintain the current revenue stream of $446.20 per month through the end of the lease term for the City of Leesburg.

 

Submission Date and Time:    10/9/2008 3:03 PM____

 

Department: ___Airport______________

Prepared by:  ___Charlie Weller_____                     

Attachments:       Yes _X___   No ______

Advertised:   ____Not Required ____                     

Dates:   __________________________                     

Attorney Review :     Yes __X_  No ____

                                                 

_________________________________           

Revised 6/10/04

 

Reviewed by: Dept. Head __EFS___

 

Finance  Dept. __________________                                     

                              

Deputy C.M. _______EFS________                                                                         

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 AGREEMENT AMONG THE CITY OF LEESBURG, JOHN FRANCIS AND MICHELLE FRANCIS, D/B/A FLYING COLORS AND PAUL PERKINS D/B/A GOLD GATOR, INC. 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 among the City of Leesburg, John and Michelle Francis d/b/a Flying Colors whose address is 8864 Airport Boulevard, Leesburg, Florida 34788 and Paul Perkins d/b/a Gold Gator, Inc. whose address is 37601 Burhans Road, Eustis, Florida 32736 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 13th day of October, 2008

 

 

 

                                                                            __________________________

                                                                             Mayor

 

ATTEST:

 

 

__________________________

City Clerk