Public Hearing: YES ☐ NO ☒ Department: Airport
SUBJECT:
Title
Commission District(s): Commission Districts 1 & 6
Termination of Standardized T-Hangar Lease Agreement with Marcus Stevenson
Body
Information Contact: Mario A. Evans
Phone Number: 770-936-5440
PURPOSE:
To consider approval of the termination of the Standardized T-Hangar Lease Agreement, for T-Hangar Space A-30 with Marcus Stevenson, effective April 5, 2021; 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 March 5, 2021.
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 A-30 with Marcus Stevenson, April 5, 2021; and To authorize the Chief Executive Officer to execute for Termination.