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HomeMy WebLinkAbout2016-04-27 15-156 ORDERCOUNCIL ACTION Item No. 15-156 Date: April 27, 2015 Item/Subject: ORDER, Authorizing the City Manager to execute a lease amendment between C&L Aerospace Holdings, LLC. and the City of Bangor, Bangor International Airport (BGR). Responsible Department: Airport Commentary: This Order authorizes a lease amendment between C&L Aerospace Holdings, LLC. and the City of Bangor, Bangor International Airport (BGR) for the lease of hangar #12. This hangar is dedicated for aircraft painting and related maintenance activities. The City received a grant through the Economic Development Administration (EDA) to purchase and install paint equipment. The EDA requires specific language in a lease agreement which meets the requirements of EDA's property management standards. The lease amendment requires that facility be used for operating an aircraft paint facility for the term of the lease. Funding for the improvements was paid for in part with funding from the EDA. The original lease agreement terms for the facilities that C&L Aero current leases is twenty (20) years, which includes extensions. The annual lease rates are: Hangar #12 - $50,960; Hangar #11, #13 and Office Building - $179,742. This lease amendment has been reviewed and approved by City Legal. This item has been reviewed and approved by the Airport Committee at its meeting on April 14, 2015. Tony Caruso Department Head Manager's Comments: aJ C City Manager Associated Information: Budget Approval: ance Director Legal Approval: Introduced for _X_ Passage First Reading Referral Solicitor Page 1 of _1_ 15-156 APRIL 27, 2015 Assigned to Councilor Graham CITY OF BANGOR (TITLE.) ORDER, Authorizing the City Manager to execute a lease amendment between C&L Aerospace Holdings, LLC. and the City of Bangor, 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, CK Aerospace and the City of Bangor are parties to a lease dated October 6, 2014 wherein C&L Aerospace leases certain facilities, also known as hangar #12; and WHEREAS, Per Economic Development Administration (EDA) certain language is required in the lease which meets the requirements of EDA's property management standards; and WHEREAS, This lease amendment states that the premises were improved, in part, with funding from the EDA and further states that this hangar must be used for the purposes of operating an aircraft painting facility for the term of the lease agreement. 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 the lease amendment between C&L Aerospace Holdings, LLC, and the City of Bangor, Bangor International Airport (BGR). IN CITY CLERK APRIL 27, 2015 MOTION MADE AND SECONDED FOR PASSAGE P SED CITY CLERK