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HomeMy WebLinkAbout2021-04-12 21-138 Order 04/12/202121-138 04/12/2021 21-138 Airport Order 001-001 Title, Order Authorizing the City Manager to Execute a 1st Amendment to the Lease & Use Agreement with American Airlines at Bangor International Airport. This Order authorizes a 1st amendment to the lease and use agreements between the City of Bangor and American Airlines at the airport. In July of 2016, the parties agreed to a new 5-year term, with options to extend for two 1-year terms. Given the uncertainty in the economy due to the COVID-19 pandemic, the Parties desire to exercise the option of a 1-year extension. Extending this agreement provides the parties the ability to monitor the economic and financial situation through this unprecedented period. The parties intend to negotiate in good faith during this extension period. All terms and conditions of the current agreements shall remain in effect during the next 12 months. Airport Committee 04/05/2021 Recommend for passage 30 Staff recommends approval. Consent 04/12/202121-138 CITY OF BANGOR ORDER 04/12/2021 21-138 Davitt Authorizing the City Manager to Execute a 1st Amendment to the Lease & Use Agreement with American Airlines at Bangor International Airport. 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 City of Bangor and American Airlines are parties to 5-year lease and use agreements dated July 1, 2016, with two 1-year extension options; and WHEREAS, Given the uncertainty in the economy due to the COVID-19 pandemic, the Parties desire to exercise the option of a 1 year extension; and WHEREAS, Extending this agreement provides the parties the ability to monitor the economic and financial situation through this unprecedented period; and WHEREAS, The Parties intend to negotiate in good faith during this extension period; and WHEREAS, In all other respects, the terms and conditions of the agreements between the Parties remains in full force and effect. 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 1st amendment to the lease and use agreements between the City of Bangor and American Airlines at the airport extending that lease for one additional year pursuant to an option in said lease. IN CITY COUNCIL APRIL 12,2021 CO 21-138 Motion made and seconded for Passage of Consent Agenda Vote: 9—0 Councilors Voting Yes: Davitt,Dubay,Fournier,Hawes,Nichols, Okafor, Schaefer, Sprague,Tremble Councilors Voting No: None Passed CITY CLERK