HomeMy WebLinkAbout2006-10-11 06-337 ORDERCOUNCIL ACTION
Item No.
Date: October 11, 2006
Item/Subject: Order, Authorizing a lease Agreement with SCI', Doing Business as Sargent
Corporation, for rental of Wilding #457 M Bangor International Airport.
Responsible Departmart: Airport
Commundtary: Sargent Corgxation currently leases Bay #3 in Building #173 at Bangor International
Airport. They have recently purdrased a new larger abuall, and they are Interested in a larger fadlity.
Building 457 will meet their need. The proposed lease is for a five (5) year tens at an initial lease rate
of $1,628 per month. Rental payments will inrrease by 5% for each term year. The remaining terms
and conditions are consistent v the Alrportfs other leases for hangar space.
We would recommend your approval, as dors the Transportation and Infrastructure Committee.
Rebema L. Hupp
Department Named
Recommend approval M /—&U
City Manweer
Associated Information:
Budget Approval
Legal Appmeral:
City soiw r
Introduced for
x Passage
_
Fired: Reading
Released
Page_ol_
06 337
'v;''d, •5 Assigned to Councilor n•¢ertco pecober ll, 2006
CITY OF BANGOR
(IRLE.) Order, Authorizing a Lease Agreement with SCT, Doing Business as Sargent Corporation, for
rental of Building #457 a[ Bangor Intematmnal Airport.
BE Ii RESOLVED BY THE CITY COUNCIL OF THE CIN OF BANGOR THAT
The Ory Manager or Airport Director are hereby authorized to execute an indenture of lease agreement
with SCT, doing business as Sargent Corporation, Far the lease at Building #467 at Bangor International
Airport, mid lease to be consistent with that approved by the Transportation and Infrastructure
Committee and in a form acceptable to the City Solicitor. _
IN CITY COUNCIL
ftto4pr 11, 3006
Yf•(/'611y p 06-337
CITYCLERK ORDER
( E.1 Authorizina a Lease Aareement
with SCT. Doing Business as Sergent
Oi Bnuama
4457 at Bangor Intersatiooai Airport