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HomeMy WebLinkAbout2017-12-11 18-038 ORDERTitle, Order CITY COUNCIL ACTION 12/11/2017 18-038 Council Meeting Date: 12/11/2017 Item No: 18-038 Responsible Dept: Airport Requested Action: Order Map/Lot: N/A Authorizing the City Manager to execute a lease agreement between the City of Bangor and Bald Mountain, LLC. for the rental of Bay #1 within Hangar #123 at Bangor International Airport (BGR) Summary This Order authorizes a lease agreement between the City of Bangor and Bald Mountain, LLC for the rental of Bay # 1 within Hangar #123, located at Bangor International Airport. If approved, the Lessee agrees to a one (1) year term, with two (2) one-year options for extensions and to pay $1,550 per month with annual increases based on the CPI, but not exceed 2.5%. In addition, the Lessee shall pay the cost of all utilities, including electricity, gas, heat, water, stormwater and sewer. This lease agreement will be in final form approved by the City Solicitor. This item was reviewed and recomended for approval by the Airport Committee on December 4, 2017. Committee Action Committee: Airport Committee Action: Recommend for passage Staff Comments & Approvals Airport staff recommends approval. C'-tl ry, Lz� City Manager Introduced for: Consent Meeting Date: 12/04/2017 For: 5 Against: 0 City Solicitor 49J_14_� Finance Director CITY OF BANGOR ORDER Date: 12/11/2017 Item No: 18-038 Assigned to Councilor: Tremble 12/11/2017 18-038 Authorizing the City Manager to execute a lease agreement between the City of Bangor and Bald Mountain, LLC. for the rental of Bay #1 within Hangar #123 at Bangor International Airport (BGR) Be it Ordered by the City Council of the City of Bangor that, WHEREAS, the City of Bangor, Maine is the owner of an airport located in Bangor, County of Penobscot, State of Maine, commonly known as Bangor International Airport; and WHEREAS, Bald Mountain, LLC. has aircraft currently based at BGR, and they desire to lease hangar space in order to keep their base of operation in Bangor; and WHEREAS, the City and Bald Mountain, LLC. wish to enter into a lease agreement outlining the terms and conditions for the rental of Bay # 1, within Hangar #123, located at Bangor International Airport; and WHEREAS, this leased space will be used exclusively for the aeronautical purposes. NOW, THEREFORE, BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR, That Catherine M. Conlow, City Manager, is hereby authorized on behalf of the City of Bangor to execute the lease agreement with Bald Mountain, LLC. for the rental of Bay # 1, within Hangar #123 at Bangor International Airport. Said lease agreement will run for one year, with two one-year extensions if neither party objects. The base rent for the lease will be $1,550 per month, adjusted annually for inflation. The lease agreement shall be in final form as approved by the City Solicitor or Assistant City Solicitor. IN CITY COUNCIL DECEMBER 11, 2017 CO 18-038 PASSED '•.) ,seer- 4,?-c4-.4.1 CITY CLEIIRK