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HomeMy WebLinkAbout1997-11-10 98-13 ORDERDate 11/1`0/97V Item No. 98-13 Item/Subject: FAA Lease, Bldg. #96 Responsible Depam nsmT Airport Commentary: The Federal Aviation Administration has agreed to continue leasing Bldg. 496 (Maine Avenue) from the Airport Department. The Airport Committee has reviewed and approved the lease agreement which includes a new rate structure. The FAA uses the facility for its technical maintenance activities for the northern New England region. Under the new lease agreement the rate has been increased from $66,825/ya.($5,568.75/mo) to $72,375/yr. ($6031.25/mo). The new term is for one year with 3 successive one year options and covers a 7500 sqft. portion of the approximately 10,000 sgft. building. Managers Common: a /tCj dLyk cry Moruger Associated Information:Q Budpat Approval: ,[n Fiwn<Oe�R R Legal Approval: cirySolQieor Immolated For P�rPauage E] First Reading Page_ of ❑Referral 98-13 Awigned to Courtier Farnham November 10, 1997 CITY OF BANGOR (TUTEE.) wrbM Am""Nzmg a Leave Agreement with the Federal Aviation Administration ................ ... . ........... _....... ...... _.. BV ree City Coun it of de City 0fD%#g m,. ORDERED, TEAT the City Manager andlor the Anpon Director execute a Lease Agreement with the Federal Aviation Administration for the occupancy and use of Bldg. #% at Bangor International Airport. IN CITY COUNCIL November 10, 1997 Passed LERK $R -1s ORDER Title, Authorizing a Leaee Agreement with the Federal Aviation Administration ...... .................�..�.,./...... G 11 11 Meip,ed to Mati� ..................................... Councilman