HomeMy WebLinkAbout1993-01-25 93-126 ORDERCOUNCIL ACTION
Date: 1/25/93
Item
No.
93-126
Item/Subject:
Authorize the City Manager to execute an amendment to a lease
agreement with International Paper Co. for Building #272 at 39
Florida Ave. in the Bangor International Airport Complex.
Responsible Department: Community and Economic Development
International Paper wishes to extend for six months their lease
of a portion of Building #272 at 39 Florida Ave. in the Bangor
International Airport Complex.
International Paper leases 648 sq. ft. (about 258 of the
building's usable area) of office apace, including the use of the
building's conference room, restroom antl kitchen, and a garage
and greenhouse area attached to the building.
Staff and International Paper have negotiated the following lease
rate and conditions:
Term: Six months from February 1, 1993 - July 31, 1993.
Rate:
a. $317.00 per month.
b. A utility charge equal to 100% of the cost of
utilities, except fuel oil which will be supplied by
International Paper, until apace is leaned to another
tenant. At that time the utility charge will be amended
to reflect actual usage by each respective tenant.
Premiaesz
a. 648 sq. ft. of office space.
b. The garage and greenhouse areas.
c. Shared use of the building's restroom and kitchen
with other tenants.
d. Shared use of the building's conference room with
other tenants.
e. Right to use the driveway separating Building #272 and
Building #270 jointly with the occupant of Building #270
and any other occupants of Building #272. Use of up to
50% of the parking area in front of Building #272.
Utilities: The City will assume the cost of all utilities,
except fuel oil.
Page 1 of 3
93-126
Maintenance: International Paper will assume the cost of
all maintenance, including all interior and exterior
portions of the Wilding, building fixtures, equipment,
operating systema, foundation, roof and structure, doors,
windows, passageways, interior and exterior surfaces,
parking areae, grounds and landscaping.
Maintenance will be shared if a portion of the building
is rented to other tenants.
Insurance: Provide comprehensive public and property damage
liability insurance to limits of $300,000 per each
occurrence.
Backaround
International Paper leaned the entire building and surrounding
land from 1983 to 1992. As part of the agreement international
Paper m allowed to build and operate a greenhouse on the
property; assumed the cost of all utilities; assumed the cost of
all interior and exterior maintenance; and provided public and
property damage liability insurance.
By 1992 the company no longer used much of the office building
and wished to decrease their costa by reducing the amount of
office apace rented. The lease for 1992-93 reduced the area
leased to 648 sq. £t. The company now feels that their coats can
W further reduced by relocating their offices. The period of
this lease would allow than time to locate and move to new
offices.
Recommendation
The BanAir Corp. recommends approval of this lease amendment
under the terms and conditioner outlined above.
M ✓ r
Oepartm�ant Used
Manager's Comments:�yy//[[�A��
Cityty Manager e
ger
Associated Information:0
Finance Director a
Page 2 of 3
93-136
Legal Approval: _
City Solicitor
Introduced For
% Passage
_First Reading Page 3 of 3
Referral
va�.M.aQ (LvM)
93-126
Aveipmd [o CouncilorBlanchette January 25, 1993
CITY OF BANGOR
(TITLE.) (DrLHre Tc authorize and direct the city Manager to execute._
an amendment to a lease agreement with international Paper Co.
am Be aty Causal Of VW City of Beazer:
THAT the City Manager is hereby authorized and directed, on
behalf of the City of Bangor, to execute an amendment to a lease
agreement with international Paper Co. for Building 4272 at 39
Florida Ave. in the Bangor International Airport Complex.
IN CITY COUNCIL
January 25, 2993
Passed
t� CLEM�
93-126
ORDER
Title,
To Authorize and Direct the City Narager
to Execute an amendment to a Lease
W"ment with International Paper Co.
A..... I.........//.;;..............
LG L 6 Wil'
P
Councilman