Loading...
HomeMy WebLinkAbout2019-02-11 19-092 Order 02/11/201919-092 02/11/2019 19-092 Airport Order 001-001 Title, Order Authorizing Execution of Second Amendment to Indenture of Lease with CF Ventures, Inc. d/b/a Maine Aero Services, Inc. at Bangor International Airport (BGR). This Order will authorize the City Manager to execute an amendment to the lease between the City and Maine Aero Services, Inc. The City of Bangor and CCF Ventures, Inc d/b/a Maine Aero Services, Inc. are parties to a lease dated January 1, 2016 wherein Maine Aero Services, Inc. leases a hangar from the City of Bangor. Maine Aero Services currently operates a maintenance and repair and shop facility for small general aviation aircraft at BGR and would like to renovate the avionics shop and customer wait areas. The renovations will improve the building to the benefit of the City and airport. Maine Aero proposes to initially pay for the improvements and for the City to reimburse through a credit against future rent. The estimated cost to the City would not exceed $5,000. Airport Committee 02/04/2019 Recommend for passage 50 Staff recommends approval. Consent 02/11/201919-092 CITY OF BANGOR ORDER 02/11/2019 19-092 Tremble Authorizing Execution of Second Amendment to Indenture of Lease with CF Ventures, Inc. d/b/a Maine Aero Services, Inc. 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, the City of Bangor and Maine Aero Services, Inc. are parties to a lease dated January 1, 2016 wherein Maine Aero Services, Inc. leases a hangar from the City of Bangor; and WHEREAS, Maine Aero Services currently operates a maintenance and repair and shop facility for small general aviation aircraft at BGR; and WHEREAS, Maine Aero Services, Inc. would like to renovate the avionics shop and customer wait areas at a cost not to exceed $5,000 and receive a credit against future rent for the cost of the renovations; and WHEREAS, the renovations will improve the building to the benefit of the City of Bangor. 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 a Second Amendment to Indenture of Lease by and between the City of Bangor and Maine Aero Services, Inc. to provide that Maine Aero may do renovations to the leased premises at a cost not to exceed $5,000 and receive a credit against future rent. Said Amendment shall be in final form as approved by the City Solicitor or Assistant City Solicitor. IN CITY COUNCIL FEBRUARY 11, 2019 CO 19-092 PASSED 62er,..14;e10-2 CITY CLERK