HomeMy WebLinkAbout2020-09-14 20-298 Order
09/14/202020-298
09/14/2020
20-298
Airport
Order
001-001
Title, Order
Authorizing Execution of a First Amendment to the Lease Agreement with Bald Mountain, LLC. to Assign Lease
to Nate Holyoke Builders, Inc.
This Order will authorize the City Manager to execute a first lease amendment between the the City
of Bangor and Bald Mountain, LLC. that allows a lease assignment to Nate Holyoke Builders, Inc. On
July 24, 2020, the City received a request from Nate Holyoke to assign said lease from Bald
Mountain to Nate Holyoke Builders. Nate Holyoke is the Owner and President of both companies and
leases a hangar bay at the airport for storage of his aircraft. The current lease is in year 1 of a 5
year term, that includes a 5 year extension. All of the terms within the current lease will remain in
full force and effect. This amendment shall be in final form as approved by City Legal.
Airport Committee
09/08/2020
Recommend for passage
Staff recommends approval.
Consent
09/14/202020-298
CITY OF BANGOR ORDER
09/14/2020
20-298
Tremble
Authorizing Execution of a First Amendment to the Lease Agreement with Bald Mountain, LLC. to Assign Lease
to Nate Holyoke Builders, Inc.
WHEREAS, the Lessor is the owner of an Airport, commonly known as “Bangor International Airport”, formerly
known as Dow Air Force Base and located in the City of Bangor, County of Penobscot, State of Maine
(hereinafter sometimes referred to as the “Airport”); and
WHEREAS, the Lessee desires to and does lease from the Lessor certain facilities at said Airport for lease of a
hangar to house its aircraft and conduct business, including use of office space; and
WHEREAS, the City of Bangor and Bald Mountain, LLC are parties to an Indenture of Lease dated August 30,
2019 wherein Bald Mountain, LLC leases certain facilities from the City; and
WHEREAS, Bald Mountain leases Bay #1 of Building 123 (also known as the Corporate Aviation Hangar) at
the airport; and
WHEREAS, Bald Mountain has requested that said lease be assigned to Nate Holyoke Builders, Inc.; and
WHEREAS, per Article XXI – Assignment, Sale, & Subletting, this assignment may be agreed to with the
consent of the City.
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
first amendment to the lease between the the City of Bangor and Bald Mountain to assign said lease to Nate
Holyoke Builders, Inc. All of the terms within the current lease will remain in full force and effect. This
amendment shall be in final form as approved by City Legal.
IN CITY COUNCIL
SEPTEMBER 14,2020
CO 20-2 91
Motion made and seconded for Passage of Cosent Agenda
Vote: 8—0
Councilors Voting Yes: Fournier,Hawes,Nichols, Schaefer, Sprague, Supica, Tremble,Davitt
Councilors Voting No: None
Passed
CIT CLE