HomeMy WebLinkAbout2004-11-08 05-13 ORDERCOUNCIL ACTION
Item No. 05-13
Date: November 8, 2004
Item/Subject: Authorizing an Extension of the Agreement between Bangor International
Airport and Ex xonMObll Aviation.
Responsible Department: Airport
Commendary: The expansion of the Airports fuel hydrant system will allow the Airport to fuel
transient military aircraft and generate new revenue. The cost of the project is approximately
$430,000. ExaonMobil Aviation has agreed to pay the cast of the hydrant system in exchange
for a five-year lease extension with a five-year option to renew. The lease amendment will be in
a form approved by the City Solicitor.
Rebecca Huno
Department Head
Menager's Comments:
This has been reviewed and is recommended by the Finance Committee.
&r,L��4
City Manager
Associated Information:
Budget Approval:
Finance Director
Legal Approval:
M
City Scher r
Introduced for
X Passage
_ First Reading
_ Referral
Page 1 of 1
05-13
neeilpried to Councilor Gratvick aov er 8. 2004
CITY OF BANGOR
(TITLE.) Order, Authorizing an Extension of the Agreement between Bangor International Airport
and ExxonMobil Aviation.
WHEREAS, The Bangor International Airport owns and operates the fuel hydrant system at the
Airport; and
WHEREAS, EromnMobil Aviation is the Airport's fuel supplier and partner; and
WHEREAS, both parties desire to expand the existing fuel hydrant system as It will generate
additional revenue; and
WHEREAS, the cost of this project will be approximately $430,000; and
WHEREAS, ExxonMobil Aviation is willing to expend $430,000 for the project in exchange for a
five year lease extension with a five year option to renew; and
WHEREAS, a lease extension is In the best Interest of the Airport;
NOW, THEREFORE, BE rr ORDERED BY THE CITY COUNCIL OF THE CRY OF BANGOR THAT
The Airport is hereby authorized to enter into an amendment to the existing agreement with
Exxonivobil that will provide for a five-year (rase extension, with a five-year renewal option, in
exchange for an investment of approximately $430,000 by ExxonMobil's far the purpose of
expanding the Airport's fuel hydrant system, said extension to be In a form approved by the City
Solicitor.
IN CITY COOpCIL
November 0, 006
Notion. Node and Seconded for
Passage
Nation Doubted
vote: p- 1
Councilors voting yes: Allen
Casbvell. D'Errico, Farrington,
Gratrleka Greene, Naves 6
Stone
Councilors voting no: Trouble
Pas l
N 05-13
0 R D I R
(TITLEJAutboriame aa..E.teenion of the
Agreement between Nmgor International
Airport and gQootlubile Aviation
Aplpnad to CouMlor
/I