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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. Itl CPR wMC31 Janina" 23. 2006 Pass CITT QRLEJ orieinn th, City Manager andfoi Airport Director To Enter Into aLea Anr nnnatvl[fi gnrA Aa.g n _ Of Sargent Coryoratiaa for DentedDangar n in 4.ilainn Va of x in m+tional A port AssignaJbCouo0or C&4.( uo