HomeMy WebLinkAbout1991-04-08 91-156 ORDERCOUNCIL ACTION 91-156
em Na.
Date April 3. 1991
Item/Subject: Authorizing the execution of a lease with Penton Hill
American Limited for the concession and floor space to operate a duty
free gift shop in the Domestic Terminal at Bangor International
Airport.
Department: Community and Economic Development
Fenton Hill American Limited has been negotiating with Staff regarding
a lease for 700 s.f. of apace in the Airport Domestic Terminal to
operate a duty free gift shop. Fenton Hill American Limited currently
leasee space in the Domestic Terminal to operate a duty free shop and
invested $75,000 in 1990 to remodel the area. The Duty Free Shop
offers passengers from outside the United States the opportunity to -
purchase a variety of items on a tax-free basis. The term is for five
(5) years or until 1996 with an option to extend the lease for another
three (3) years. The lease includes heat, electricity, and water.
Fenton Hill American Limited is responsible for sewer and telephone
chargee.
f
partmen Head
Manager's comments!
.y Manager
Associated Informational
Budget Approvals (t!
Finance Director
Legal Approvalt 64•0r 4y a4�,
•� city
Solicitor
Introduced For
-4Passage
_first Heading Page _ of _
Referral
91-156
Asidsed to Commador Soenaud, April B, 1991
CITY OF BANGOR
(TML) 4orber Autho izing the City Manage, to execate_a j,ease__.
with Fenton Hill American Limited
By the city Caesa(f of 04 City of Raster
ORDERED,
MT the City Manager is hereby authorized and directed,
on behalf of the City of Bangor, to axecute a lease, a copy of
which is n file in the office of the City Clerk, with Fenton Mill
-American Limited for the concession and floor apace to operate a
Duty Free Gift Shop in the Domestic Terminal at Bangor International
Airport.
In City Council April 8, 1991
P d
�P
City Clerk
91-156
0 R n E R
Title,
Authorizing the City Manager to Execute e
lease Mth PEnton Hill American limited
......................................
'^A` �.p Aroigned b
V W Councilman