File #: 2020-1095    Version: 1 Name:
Type: Resolution Status: Consent
File created: 9/8/2020 In control: Board of Commissioners
On agenda: 10/13/2020 Final action: 10/13/2020
Title: Commission District(s): Commission Districts 1 & 6 Termination of Standardized T-Hangar Shop Space Lease Agreement with James Frank

                                    

Public Hearing:  YES      NO                                                   Department: Airport                                     

 

SUBJECT:

Title

Commission District(s): Commission Districts 1 & 6

Termination of Standardized T-Hangar Shop Space Lease Agreement with James Frank

Body

 

Information Contact: Mario A. Evans

Phone Number: 770-936-5440

 

PURPOSE:

To consider approval of the termination of the Standardized Hangar Shop Space Lease Agreement, for T-Hangar Shop Space F with James Frank, effective April 30, 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 5, 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 Shop Space Lease Agreement, for T-Hangar Shop Space F, with James Frank, April 5, 2020; and To authorize the Chief Executive Officer to execute for Termination.