HomeMy WebLinkAbout1992-12-14 93-48 ORDER93-48
COBNCII. ACTION
Date: December 14, 1992 Item No.
Item/Subject:
Authorize the City manager to execute an amendment to a Lease
Agreement with Coles Express, Inc. d/b/a Cole Training Institute
for an area of the former light duty ramp at Bangor International
Airport.
Responsible Department: Community and Economic Development
Cole Training Institute wishes to renew its lease of an area of the
former light duty ramp at Bangor International Airport. They have
been leasing the property since November, 1988 for use as a
training area for the Instruction of truck drivers. The lease rate
during the last year was $420.00 per month.
Staff proposed the following lease rate and conditions which have
been accepted by Cole Training Institute:
Term: One yearfrom December 1, 1992 - November 30, 1993.
Rate: $420.00 per month.
Premises: 87,600 sq. ft. of area on the former light duty ramp
located behind the Public Works Building..
maintenance: lessee assumes the cost of all maintenance required
on the property.
Insurance: Lessee will provide comprehensive public and property
damage liability insurance to limits of $300,000 per each
occurrence.
The Beam+. Corporation has reviewed this lease and recommends its
approval.
Becoawendation
Staff recommends approval of this lease under the terms and
conditions outlined above. _
DepSkthehf Bead
Page 1 of 2
HHI18 BS
Associated information:
Legal Approvals
Finance Director
CiM6a�itor 40
Introduced For
x Passage
_First Reading Page 2 of 2
Referral
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93-48
Assigned to Councilor Shubert, December 14, 1992
CITY OF BANGOR
(TITLE.) @itterp Autborizing the city [tanager. to Execute a.. Lease
Amendment with Coles Expresee Inc.
By Cam Cement! of 04 ofBenper.
MT the City Manager is hereby authorized and directed, on
behalf of the City of Bangor, to execute an amendment to a Lease
Agreament with Coles Express, Inc. for an area of the former
light duty ramp at Bangor International Airport.
IN CITY COUNCIL
December 14, 1992
In
CiU CLERK
93-A8
ORDER
Title,
nyp¢grizigg, t¢e, city nepage� co axewce a
Lease Amendment with Coles Express, Inc.
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Imy Anniig�ne�d\fit/o/A
Councilman