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HomeMy WebLinkAbout2018-12-10 19-032 Order 12/10/201819-032 12/10/2018 19-032 Airport Order 001-001 Title, Order Authorizing the City Manager to execute a lease agreement between the City of Bangor and CCF Ventures, Inc. d/b/a Maine Aero Services Inc. for the rental of Bay #2 within Hangar #123 at Bangor International Airport (BGR). This Order authorizes a lease agreement between the City of Bangor and CCF Ventures Inc. d/b/a Maine Aero Services Inc. for the rental of Bay # 2 within Hangar #123, located at Bangor International Airport. Maine Aero Services operates a small aircraft maintenance and repair shop at the airport. They have a need for additional aircraft storage and have requested to lease additional space. If approved, the base rent for the lease will be $1,590. The tenant is responsible for all utilities. The term of the lease is for one (1) year, with two (2) one-year options for extensions adjusted annually based on the CPI, which shall not exceed 2.5% each year. This lease agreement will be in final form as approved by City Legal. Airport Committee 12/03/2018 Recommend for passage Staff recommends approval. Consent 12/10/201819-032 CITY OF BANGOR ORDER 12/10/2018 19-032 Tremble Authorizing the City Manager to execute a lease agreement between the City of Bangor and CCF Ventures, Inc. d/b/a Maine Aero Services Inc. for the rental of Bay #2 within Hangar #123 at Bangor International Airport (BGR). WHEREAS, the City of Bangor, Maine is the owner of an airport located in Bangor, County of Penobscot, State of Maine, commonly known as Bangor International Airport; and WHEREAS, CCF Ventures, Inc. d/b/a Maine Aero Services Inc. currently operates a small aircraft maintenance facility at BGR; and WHEREAS, Maine Aero desires to lease additional space necessary for aircraft storage; and WHEREAS, Maine Aero Services desires to lease bay #2 within Hangar #123; and WHEREAS, this leased space will be used exclusively for the aeronautical purposes of Maine Aero. NOW, THEREFORE, BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR, That Catherine M. Conlow, City Manager, is hereby authorized on behalf of the City of Bangor to execute the lease agreement with CCF Ventures, Inc. d/b/a Maine Aero Services Inc. for the rental of Bay # 2, within Hangar #123 at Bangor International Airport. Said lease agreement will run for one year, with two one-year extensions if neither party objects. The base rent for the lease will be $1,590 per month not including utility costs, adjusted annually based on the CPI. The lease agreement shall be in final form as approved by the City Legal. IN CITY COUNCIL DECEMBER 10, 2018 CO 19-032 PASSED 4-A) LIdr7G�t.MG+✓ CITY CLERK