Public Hearing: YES ? NO ? Department: Airport
SUBJECT:
Title
Commission District(s): 1 and 6
Lease Agreement with Hangars Glen, LLC. 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 Hangars Glen, LLC, effective December 1, 2023; and
To consider authorizing the Chief Executive Officer to execute the Agreement.
NEED/IMPACT:
The new lease replaces Contract No. 06-800176 (formerly Contract No. 82-2879) and is for a term of twenty years. It was negotiated in accordance with the DeKalb County Code. The new agreement accomplishes the following in part:
(1) Updates and verifies the North Terminal Lease Tract N8 survey for 0.726 acre (31,632 square feet) involved in the lease;
(2) Establishes a monthly rental payment of $9,430.33 effective the date of Board approval;
(3) Escalates the monthly rental payments by 10% every 5 years commencing on December 1, 2028;
(4) Raises the fuel flowage fee (FFF) to $0.16 per gallon for fuel, oils and lubricants delivered to the leased property;
(5) Escalates the fuel flowage fee (FFF) by $0.01 per gallon of fuel delivered to the leased property every 5 years;
(6) 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;
(7) Lessee is responsible for all maintenance, routing and emergency of all facilities;
(8) Lessee is responsible for all utility payments;
(9) Incorporates current environmental laws and storm water compliance requirements;
(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 November 13, 2023, and a unanimous motion to recommend approval ...
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