HomeMy WebLinkAbout2015-08-24 15-283 ORDERCOUNCIL ACTION
Item No. 15-283
Date: August 24, 2015
Item/Subject: ORDER, Authorizing the City Manager to Execute a Lease Agreement Between the City
of Bangor and SSR, LLC. for the Rental of Bay #1 (BIA)
Responsible Department: Airport
Commentary: This order will authorize a lease agreement between the City of Bangor and SSR, LLC.
Herb Sargent, President of SSR, LLC, desires to lease Bay 1, Hangar 123 at Bangor Airport.
If approved this lease agreement provides for a three (3) year term, with two (2) one-year options for
extensions. The lease rate includes an increase each year, based on the annual CPI change, and shall
not exceed 2.5% each year. Lessee shall pay the cost of all utilities furnished, including electricity, gas,
heat, water, stormwater and sewer user fees. This lease agreement has been reviewed and approved by
City Legal. This was approved by the Airport Committee at its meeting on August 11, 2015.
Tony Caruso
Department Head
Manager's Comments:
City Manager
Associated Information:
Budget Approval:
Legal Approval:
Introduced for
_X_ Passage
First Reading
Referral
/A�
finance Director
Solicitor
Page 1 of —1—
or,
15-283
AUGUST 24, 2015
Assigned To Councilor Graham
CITY OF BANGOR
(TITLE.) ORDER, Authorizing the City Manager to execute a Lease Agreement Between the
City of Bangor and SSR, LLC for the Rental of Bay #1 (BIA)
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, SSR, LLC. has an aircraft currently based at BGR, and they desire to lease
hangar space in order to keep their base of operation in Bangor; and
WHEREAS, the City and SSR, LLC. desire to enter into a lease agreement outlining the
terms and conditions for the rental of Bay # 1, within Hangar #123, located at Bangor
International Airport; and
WHEREAS, this leased space will be used exclusively for the aeronautical purposes of
SSR, LLC.
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 agreement with SSR, LLC. for the rental of Bay # 1, within Hangar #123 at
Bangor International Airport. Said lease agreement will run for three years, with two one-year
extensions if neither party objects. The base rent for the lease will be $1,550 per month,
adjusted annually for inflation. The lease agreement shall be in final form as approved by the
City Solicitor or Assistant City Solicitor.
IN CITY COUNCIL
AUGUST 24, 2015
PASSED
4�� 9 F
CITY CLERK