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HomeMy WebLinkAbout2014-04-28 14-150 ORDERCOUNCIL ACTION Item No. 14-150 Date: April 28, 2014 Item/Subject: ORDER, Authorizing the City Manager to execute a lease between the City of Bangor and Varney Aviation, LLC. for the rental of Hangar # 457 at Bangor International Airport (BGR). Responsible Department: Airport Commentary: This Order authorizes the lease between the City of Bangor and Varney Aviation LLC. Varney Aviation has several aircraft currently based at BGR and they desire to lease hangar space, and maintain their base of operation in Bangor. If approved, this lease agreement outlines the terms and conditions for the rental of Hangar # 457, located at Bangor International Airport. Specifically, the lease calls for a five (5) year term, with two (2) one-year options for extensions, for the lease of Hangar # 457. Under the terms of the agreement the lessor shall pay the cost of electricity, stormwater, sewer and water user fees and the Tenant shall pay for the cost of gas/fuel oil consumed on the premises. Additionally, the agreement calls for an annual increase in the lease rate each year, based on the annual CPI change. This lease agreement shall be in final form as approved by City Legal. This has been reviewed and approved by the Airport Committee at its meeting on April 15, 2014. Tony Caruso Department Head Manager's Comments: cjaL& City Manager Associated Information: Budget Approval: Legal Approval: Introduced for _X Passage First Reading Referral 41�� L;-." Finance Director Solicitor Page 1 of —1— Assigned to Councilor Civiello CI`T'Y OF BANGOR 14-150 APRIL 28, 2014 (TITLE.) ORDER, Authorizing the City Manager to execute a lease between the City of Bangor and Varney Aviation, LLC. for the rental of Hangar # 457 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, Varney Aviation, LLC. has several aircraft currently based at BGR, and they desire to lease hangar space in order to keep their base of operation in Bangor.; and WHEREAS, This lease agreement outlines the terms and conditions for the rental of Hangar # 457, located at Bangor International Airport (BGR); and WHEREAS, this leased space will be used exclusively for the aeronautical purposes of Varney Aviation, 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 Varney Aviation, LLC. for the rental of Hangar # 457 at Bangor International Airport (BGR). IN CITY COUNCIL April 28, 2014 as d CITY CfERK