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HomeMy WebLinkAbout2010-04-12 10-142 ORDERCOUNCIL ACTION Item No; 10 142 Date: April 12, 2010 Item/Subject: ORDER Authorizing Execution of a Lease with Maine Aero Services, Inc. — 154 Maine Avenue Responsible Department: Airport Commentary: In 2009 Air Cargo Carrier acquired The Telford Group and assumed the leases that the City had with the Telford Group. Air Cargo Carrier has recently announced plans to close the operation. Maine Aero Services, Inc. wishes to take over a portion of Air Cargo Carrier's business and lease the premises at 154 Maine Avenue. The lease will be for a term of three years at a rent of $2,000 per month, and the tenant will have the right to sublet office space. The City will receive ten percent of rents received from the subletting of space. Manager's Comments: Ale M)o -lei VM -t l� /II �dr /Y11�7� �tC f1 /' Department Head City Manager Associated Information:�� Budget Approval: Filfance Director Legal Approval: Introduced for x Passage First Reading Referral Page _of_ City Solicitor 10 142 Assigned to Councilor — Palmer April 12, 2010 pF Bqp S Z �-M �"t, ,ti CITY OF BANGOR ag4iED.FE.r (TITLE.) ORDER, Authorizing Execution of a Lease with Maine Aero Services, Inc. — 154 Maine Avenue By the City Council of the City of Bangor. ORDERED, THAT Robert W. Farrar, Interim City Manager, is hereby authorized, on behalf of the City of Bangor, to execute a lease with Maine Aero Services, Inc. to lease the premises at 154 Maine Avenue, Said lease shall be for a term of three years, provide for a rent payment of $2,000 per month, and the right of the tenant to sublet office space with the City to receive ten percent of rents received from the subletting of space. Said lease shall be in a final form as approved by the City Solicitor or Assistant City Solicitor. IN CITY COUNCIL April 12, 2010 Passed DEPUTY CITY CLERK (TITLE,) tion of a Lease _with Maine Aero Services Inc 154 Maine Assigned to Councilor �filmrl P4 N