HomeMy WebLinkAbout2006-01-23 06-060 ORDERCOUNCILACTION
Item No.na (190__
Date: January 23, 2006
Item/Subject: Mder, Authorizing the Ory Manager and/or Airport Director to enter Into a lease
agreement with Herb Sargent, President of Sargent Corporation for heated hangar space in Building 123,
at Bangor Internaflonal Airport.
Responsible Department: Aimowt
Commentary:
The Airport is requesting authorinVon to execute a professional lease agreement with Herb Sargent,
President of Sargent Corporation, for the rental of Bay #3 of Building 123 at Bangor International
Airport.
Sargent Corporation is interested in leasing hangar space for its company aircraft. Sargent Corporation
and Bangor International Airport have mutually agreed to a fve (5) year term Nat stipulates monthly
Payments in the amount of $1,331.00, equal to $15,971 annually. The tenant is responsible for payment
of all utilities furnished and consumed in this hangar bay.
This was approved at the January 3, 2006 Transportation and Infrastructure Committee.
Rebecca Hupp
Airport Director
Manager's Comments:
City Manager
Associated Information:
Budget Approval:
Director
Legal Approval:
Introduced for
X Passage
_ First Reading
Referral
IS
assiguea to Councilor O'Crttro lanoan 23, 2006
CITY OF BANGOR
(TITLE.) Order, Authorizing the City Manager and/or Airport Director to Enter into a Lease
Agreement with Herb Sargent, President of Sargent Corportation, for Heated Hangar Space in
Building 123 at Bangor International Airport.
WHEREAS, Sargent Corporation desires to lease hanger space to house Its aircraft; and
WHEREAS, Sargent Corporation and the City of Bangor mutually agree W a (5) year lease
agreement; and
WHEREAS, Sargent Corporation has agreed to a monthly payment figure of $1,331.00, equal
to $15,971.00 annually.
NOW, THEREFORE, BE IT ORDERED BY THE CRY COUNCIL OF THE CITY OF BANGOR, THAT
The City Manager anti/or Airport Director are hereby authorized t0 execute a lease agreement
with Sargent Corporation for hangar space at Bangor International Airport.
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Janina" 23. 2006
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