Public Hearing: YES ☐ NO ☒ Department: Airport
SUBJECT:
Title
Commission District(s): Commission Districts 1 & 6
Termination of Standardized T-Hangar Lease Agreement with Wayne Fetterolf
Body
Information Contact: Mario A. Evans
Phone Number: 770-936-5440
PURPOSE:
To consider approval of the termination of the Standardized two-year T-Hangar Lease Agreement, for T-Hangar Space C-9 with Wayne Fetterolf, effective May 31, 2020; and,
To consider authorizing the Chief Executive Officer to execute the Termination.
NEED/IMPACT:
In compliance with the current T-Hangar Lease Agreement, Section 7, Termination, wherein “The Lessee may request to terminate this Lease Agreement by delivering to the Airport Director, as set forth in Section 3, in writing, a Request for Lease Agreement Termination, with at least thirty (30) day notice…”, the Lessee has furnished the Airport letter of termination dated April 30, 2020.
Note the cost of the item(s) - if any; also note the fiscal year budget impact to include funding source.
RECOMMENDATION:
Recommended Action
To terminate the Standardized T-Hangar Space Lease Agreement, for T-Hangar Space C-9, with Wayne Fetterolf May 31 2020; and To authorize the Chief Executive Officer to execute for Termination.