Public Hearing: YES ? NO ? Department: Airport
SUBJECT:
Title
Commission District(s): 1 and 6
Lease Agreement with Helicopter Express, Inc. There is no cost to the County.
Body
Information Contact: Mario A. Evans, Airport Director
Phone Number: 770.936.5440
PURPOSE:
To consider approval of Lease Agreement with Helicopter Express, Inc., effective August 1, 2021; and
To consider authorizing the Chief Executive Officer to execute the Agreement.
NEED/IMPACT:
The new lease agreement replaces Contract No. 500861 (formerly 79-1795) and is for a term of twenty years. It was negotiated in accordance with the DeKalb County Code. The new lease agreement accomplishes the following in part:
(1) Updates and verifies the N-1 Tract survey for 1.549 acres involved in the lease;
(2) Commits to no less than $234,976.84 in improvements to the leasehold;
(3) Establishes a monthly rental payment of $8,294.00 effective the date of the agreement;
(4) Escalates the monthly rental payments by 10% every 5 years commencing on August 1, 2026;
(5) Raises the fuel flowage fee (FFF) to $0.14 per gallon for fuel, oils and lubricants delivered to the leased property;
(6) Escalates the fuel flowage fee (FFF) by $0.01 per gallon or shall increase based upon the CPI, of fuel delivered to the leased property every 5 years;
(7) Reverts ownership to DeKalb County/PDK Airport of all new improvements (including newly constructed buildings and/or replacement structures) at the termination of the lease agreement;
(8) Lessee is responsible for all maintenance, routing and emergency of all facilities;
(9) Lessee is responsible for all utility payments;
(10) Fully incorporates all existing airport security and access control measures for accessing the airside / ramp side of the property.
The proposed lease was briefed to the Airport Advisory Board (AAB) on September 13, 2021, and a unanimous motion to recommend approval of t...
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