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HomeMy WebLinkAbout2013-01-28 13-062 ORDERCOUNCIL ACTION Item No. 13-062 Date: January 28, 2013 Item/Subject: ORDER, Authorizing Execution of First Amendment to Indenture of Lease — Maine Aero Services, Inc. Responsible Department: Commentary: The City of Bangor and Maine Aero Services, Inc. are parties to a lease dated August 1, 2012 wherein Maine Aero Services, Inc. leases a hangar from the City of Bangor. Maine Aero would like to insulate a portion of the hangar. This will improve the building to the benefit of the City of Bangor. Maine Aero proposes to initially pay for the insulation and for the City to contribute half of the cost through a credit against future rent. The cost to the City would be $4,550. This Order, if approved, will authorize the City Manager to execute an amendment to the August 1, 2012 lease between the City and Maine Aero Services, Inc. Manager's Comments: This item has been approved by the Airport Committee on 1/15/13 Associated Information: Budget Approval: Legal Approval: Introduced for x Passage First Reading Referral Tony Caruso Department Head City Manager Finance Director Page 1 of 1 City Solicitor 13-062 JANUARY 28, 2013 Assigned to Councilor Longo CITY OF BANGOR � 4 E ED, (TITLE.) ORDER, Authorizing Execution of First Amendment to Indenture of Lease — Maine Aero Services, Inc. WHEREAS, the City of Bangor and Maine Aero Services, Inc. are parties to a lease dated August 1, 2012 wherein Maine Aero Services, Inc. leases a hangar from the City of Bangor; and WHEREAS, Maine Aero Services, Inc. would like to insulate a portion of the hangar and it will improve the building to the benefit of the City of Bangor; and WHEREAS, it is in the best interest of the City to share in the cost of said insulation of the building. By the Oty Counts/ of the City of Bangor. ORDERED, That Catherine M. Conlow, City Manager, is hereby authorized on behalf of the City of Bangor to execute a First Amendment to Indenture of Lease by and between the City of Bangor and Maine Aero Services, Inc. Said Amendment shall be insubstantially the same form as attached hereto and in a final form as approved by the City Solicitor or Assistant City Solicitor. IN CITY CODNTIL January 28, 2013 Passed 13-062 GENERAL SERVICES ADMINISTRATION PUBLIC BUILDINGS SERVICE LEASE AMENDMENT 2 TO LEASE NO. LME04592 LEASE AMENDMENT ADDRESS OF PREMISES Building Number: ME4218 Bangor International Airport 287 Godfrey Boulevard Bangor, ME 04401 THIS AGREEMENT, made and entered into this date by and between City of Bangor, ME whose address is: C/O Mr. Tony Caruso City of Bangor Bangor International Airport Airport Department 287 Godfrey Boulevard Bangor, ME 04401 hereinafter called the Lessor, and the UNITED STATES OF AMERICA, hereinafter called the Government: WHEREAS, the parties hereto desire to amend the above Lease. . NOW THEREFORE, these parties for the considerations hereinafter mentioned covenant and agree that the said Lease is amended, effective as follows: 1. Term: To extend the lease term by striking date of "January 14, 2013" contained in Part II paragraph B, "Term" of the Lease No. LME04592 and substituting the date "January 14, 2014," with cancellation rights upon 5 days written notice to the Lessor. All other terms and conditions of the lease shall remain in force and effect. IN WITNESS WHEREOF, the parties subscribed their names as of the below date. FOR THE LESSOR: Signature: Name: Title: Entity Name: Date: WITNESSED FOR THE LESSOR BY: Signature: Name: Title: Date: FOR THE GOVERNMENT: Signature: Name: Title: Lease Contracting Officer GSA, Public Buildings Service, Date: Lease Amendment Form 09/12 13-062 JANUARY 28, 2013 FIRST AMENDMENT TO INDENTURE OF LEASE This Amendment to Indenture of Lease, executed in duplicate, this day of 2013 by and between the City of Bangor and Maine Aero Services, Inc. WITNESSETH: WHEREAS, the City of Bangor and Maine Aero Services, Inc. are parties to a lease dated August 1, 2012 wherein Maine Aero Services, Inc. leases certain building space from the City of Bangor; and WHEREAS, Maine Aero Services, Inc. would like to insulate said building to make it more energy efficient; and and WHEREAS, the insulation of said building is in the best interest of the City of Bangor; WHEREAS, the parties have agreed to share the cost of insulating said building. NOW, THEREFORE, the parties agree to amend the Indenture of Lease by and between the parties dated August 1, 2012 as follows: By adding the following to Article III, Rental: "E. Lessor agrees that Lessee may insulate the within described premises before April 1, 2013. Upon completion of the insulation to the satisfaction of the Lessor, the Lessee shall receive credit of the full amount of the monthly rent ($2,722.00) after the completion of the insulation and a credit of $1,828 against the second month's rent due after completion of the insulation." In all other respects the Indenture of Lease between the parties remains in full force and effect. IN WITNESS WHEREOF, the parties have set their hands and seals this day of , 2013. Witness Witness MAINE AERO SERVICES, INC. By: Its: CITY OF BANGOR Catherine M. Conlow, City Manager