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File #: 2022-1269    Version: 1 Name:
Type: Resolution Status: Consent
File created: 2/15/2022 In control: Board of Commissioners
On agenda: 2/22/2022 Final action: 2/22/2022
Title: Commission District(s): 1 and 6 Lease Agreement with Hermeus Corporation. There is no cost to the County.
Attachments: 1. Hermeus Corporation Lease Agreement 2.15.22 (AAB approved, with exhibits)

                                    

Public Hearing:  YES      NO                                                   Department: Airport                                     

 

SUBJECT:

Title

Commission District(s): 1 and 6

Lease Agreement with Hermeus Corporation. 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 a two-year Lease Agreement with Hermeus Corporation, effective April 1, 2021; and To consider authorizing the Chief Executive Officer to execute the Agreement.

 

NEED/IMPACT:

The initial term of this lease is for two years. The lease contains the provision of four (4) automatic two-year extensions. Each extension includes a rent increase of seven percent (7%) or an increase based on the consumer price index (CPI) whichever is greater.

 

For tenant to rent 15,000 square feet of undeveloped land at the Airport at the rate of Six Hundred Seventy-Five Dollars and 00/100 Cents ($675.00) per month.

 

After Governing Authority approval, the County Attorney will review the document for approval as to form.

 

FISCAL IMPACT:

This is a revenue generating lease agreement. There is no cost to the County.

 

RECOMMENDATION:

Recommended Action

To approve a Lease Agreement with Hermeus Corporation and authorize the chief executive officer to execute all necessary documents in a form acceptable to the County Attorney.