HomeMy WebLinkAbout1992-02-24 92-137 ORDER92-13]
COUNCIL ACTION
Date: February 24, 1992 Item No.
Item/subject:
Authorize the City Manager to execute a lease agreement with the
Cole Training Institute for an area of the former light duty
ramp at Bangor International Airport.
Responsible
Department
Community and
economic Development
Commentary:
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 1986 at a rate of
$400.00 per month for use as a training area in the instruction
of truck drivers.
Staff proposed the following lease rate and conditions which were
accepted by Cole Training Institute:
Teraz One year from December 1, 1991 - November 30, 1992.
Bate: $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 including snow plowing.
Insurance: Lessee will provide comprehensive public And property
damage liability insurance to limits of $300,000 per each
occurrence.
The BanAir Corporation has reviewed this lease and recommends its
approval.
epdrtd4nt Nen
A
y�-,, . C y Man�age9�r
�"'(/y sage 1 of 2
92-137
associated Information:
O rC�-1
Budget Approval:
b
Finance Director
Iagal Approval: g /� (.�
F( % Ir
City Solicitor
Introduced For
X Fassage
_First Reading - nage 2 of 2
_Referral
Asagned to Counaor Frankel February 24,1992
CITY OF BANGOR
OLD Mrber Th c ty .manager is authorized and directed to _
s...._..._.... ...
execute a lease agreement with the Cole Training Institute.
By Me My Comma! of CMy ofSumer:
-
ORDERED,
THAT
the City Manager is hereby authorized and directed, on
behalf of the City of Bangor, to execute a lease agreement with
the Cole Training Institute for an area of the former light duty
ramp at Bangor International Airport
92-13]
ORDER
In City Council February 24.1992 1 Title,
Passed
The city to
execute lease a gee e
' directed io mea leave agreement
+e.� with the Cole Training Institute
'Ci Clerk < r ...............................
Aerigned to
e� Fza.........
Councilman
I �'