File #: 2022-1776    Version: 1 Name:
Type: Resolution Status: Consent
File created: 6/8/2022 In control: Board of Commissioners
On agenda: 7/12/2022 Final action: 7/12/2022
Title: Commission District(s): 1 and 6 Standardized T-Hangar Lease Agreement with George P. Doane IV. There is no cost to the County.
Attachments: 1. Lease Agreement with George P. Doane IV - T-Hangar B-3

                                    

Public Hearing:  YES      NO                                                   Department: Airport                                     

 

SUBJECT:

Title

Commission District(s): 1 and 6

Standardized T-Hangar Lease Agreement with George P. Doane IV.  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 standardized two-year Lease Agreement with George P. Doane IV, effective July 1, 2022; and

To authorize 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 T-Hangar B-3 at the Airport.

 

Rental is comprised of the actual monthly rental fee for the leased premises ($418.00) which includes the Lessor’s provision of electricity.

 

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

 

The original documents are in the Purchasing and Contracting Department.  A master copy of this lease has been placed in the Commissioners’ library for reference.

 

 

FISCAL IMPACT:

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

 

RECOMMENDATION:

Recommended Action

To approve the resolution and authorize the chief executive officer to execute all necessary documents....

 

Attachment:  Lease Agreement with George P. Doane IV - T-Hangar B-3