HomeMy WebLinkAbout1992-07-13 92-358 ORDER92-358
COUNCIL ACTION
Date, 7/13/92 Item Na.:
.Item/Subject,
Authorizing the execution of a -Agreement and Consent of
Landlord", acknowledging the assignment of a lease at Bangor
International Airport to Chambers Leasing Co., Inc. and the
approval of two subleases.
Responsible Department, Community and economic Development
Spillane Car Rental Co., Inc., which operates the National Car
Rental franchise at Bangor International Airport, leases a parcel
of land on Utah Ave. on which it built a building for the
maintenance of its rental cars. Spillane Car Rental Co., Inc.
has agreed to sell its building and transfer its land lease to
Chambers Leasing Co., Inc., the Budget Rent-A-Car franchisee.
yumthezwore, Chambers Leasing Co., Inc. requests approval for
subleasing space in the Wilding to Maine Over Night Air express,
Inc. and to Ralph Gilman, President of Spillane Car Rental Co.,
Inc.
Spillane Car Rental Co., Inc. owes the City $10,139.45 as of June
12, 1992, for rents of the Utah Ave. land, airport terminal
space, and ready parking lot space.
The lease agreement between Spillane Car Rental Co., Inc. and the
City of Bangor began in September, 1973 and continues through
August, 1993 with an option to extend the lease for an additional
ten years. The lease rate through 1993 is $1950.00 annually and
must be renegotiated if the option is exercised. The lease
states in Article XXI, Assignment and Subletting, that the
premises cannot be sublet, assigned or the Lessee's interest
transferred without the express written consent of the Lessor.
The lease assignment was approved by the Community and Economic
Development Committee at their meeting on. May 18, 1992.
Staff recommends approval of the assignment and the subleases
contingent upon the payment of the outstanding balance of rentals
due the City by Spillane Car Rental Co., Inc.
Depaftment Head
Page 1 of 2
92-358
Manager's Comvnents:
manager
City Manager
associated Information:
Finance Director
Legal App=oval: I will hour
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_First Reading Page 2 of 2
Referral
92-338
Aee Pp W ComNw Frankel, July 13, 1992
CITY OF BANGOR
(flom) (jDIbgra Authorising the execution of an Agreement antl,,
Consent of Landlord', acknowledging the assignment of a lease
at Bangor International Airport to Chambers leasing Co., Inc.
.......... and -.the-- Approval- of...twa-subleases. _. ..... _..._
By 04 Coal *f the OByaIBaegvr:
ORDERED,
THAT the City Manager is hereby authorized and directed,
on behalf of the City of Bangor, to execute an 'Agreement and
Consent of Landlord-, acknowledging the a sigimient to Chambers
Leasing Co., Inc., of a lease between the City and Spillane Car
Rental Co., Inc. for land at Bangor International Airport and
the approval ofsubleasesbetween Chambers Leasing Co., Inc.,
and two tenants, Ralph Gilman and Maine Over Bight Air Express,
Inc. Execution will be contingent upon the payment of the
outstanding balance of rentals due the City by Spillane Car
Rental Co., Inc.
In City Council July 13,1992
Passed
C ty Clei
92-358
0 R D I R
Title,
Auithoxiaing the Execution of a
Agre Qpt. nud. S4R9Pflt,g�„1,�4dlo;d
acknoeledging the assignment of a
lease at Bangor International Airport
.o ch-.. .........
to ch}}mrsle sing c. and the
aPPi'�uC�u
/nAL/nI��N As/sIipm to,,
Councilman