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HomeMy WebLinkAbout2021-04-12 21-145 Order 04/12/202121-145 04/12/2021 21-145 Airport Order 001-001 Title, Order Authorizing the City Manager to Execute a Lease Agreement with CCF Ventures Holdings, LLC. d/b/a Maine Aero Services Inc. at Bangor International Airport (BGR). This Order will authorize a lease agreement between the City of Bangor and CCF Ventures Holdings, LLC., d/b/a Maine Aero Services. Charles Feaga, the owner of Maine Aero Services, Inc., desires to continue to operate and provide small aircraft sales and maintenance services at the airport. It is important that the airport maintains this type of small general aviation aircraft maintenance services. If approved, this Order will authorize a lease agreement for the terms and conditions for the rental of Hangar #115 and Bay #2 of the Corporate Hangar #123 at the airport. The new lease agreement will be under the same terms and conditions as operated under the previous lease. This agreement outlines a five (5) year term, with two options for five (5) year extensions at CCF's request. The airport will also repaint/epoxy the hangar floor for an estimated cost of $2,500. The annual rental is $51,607 and includes consumer price index ("CPI") adjustments. The tenant is responsible for the cost of all utilities including electricity, gas, heat, water, stormwater and sewer user fees. This lease agreement will be in final form as approved by City Legal. Airport Committee 04/05/2021 Recommend for passage 30 Staff recommends approval. Consent 04/12/202121-145 CITY OF BANGOR ORDER 04/12/2021 21-145 Hawes Authorizing the City Manager to Execute a Lease Agreement with CCF Ventures Holdings, LLC. 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, Charles Feaga, the owner of CCF Ventures Holdings, LLC. d/b/a Maine Aero Services, Inc., desires to continue to operate and provide small aircraft maintenance services at the airport; and WHEREAS, the City and Maine Aero wish to enter into a lease agreement outlining the terms and conditions for the rental of Hangar #115 and bay #2 of the corporate hangar #123; and WHEREAS, this leased space will be used exclusively for aircraft maintenance and storage purposes. NOW, THEREFORE, BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR, That the City Manager, is hereby authorized on behalf of the City of Bangor to execute the lease agreement between the City of Bangor and CCF Ventures Holdings, LLC., d/b/a Maine Aero Services for the rental of Hangar #115 and bay #2 of the corporate hangar #123 at the airport. Said lease agreement will run for five (5) years, with two options for 5 year extensions. The annual rental is $51,607 and includes CPI adjustments. The airport will also repaint/epoxy the hangar floor for an estimated cost of $2,500. The tenant is responsible for the cost of all utilities furnished and consumed on the demised premises, including electricity, gas, heat, water, stormwater and sewer user fees. This lease agreement will be in final form as approved by City Legal. IN CITY COUNCIL APRIL 12,2021 CO 21-145 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 C EM