Loading...
HomeMy WebLinkAboutMINUTES - 07231996 - C4 1 TO: BOARD OF SUPERVISORS FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR DATE: JULY 23, 1996 SUBJECT: BUCHANAN FIELD AIRPORT - L.C.A., INC. - FIFTH AMENDMENT TO LEASE SPECIFIC REQUEST(S) OR RECOMMENDATION(S) &BACKGROUND AND JUSTIFICATION I. Recommended Action: APPROVE and AUTHORIZE the Public Works Director to EXECUTE, on behalf of the County, a Fifth Amendment To Lease with L.C.A., Inc. (LCA), under the terms and conditions more particularly set forth in said Fifth Amendment To Lease. II. Financial Impact: The sum of $112,500 will be deposited in the Airport Enterprise Fund. III. Reasons for Recommendations and Background: LCA currently leases approximately 6 acres of land at the Buchanan Field Airport. LCA has expressed its desire to extend the term of its lease by an additional ten years. LCA has agreed to pay the County the sum of $112,500 as consideration for the lease extension. IV. Consequences of Negative Action: The County's lease with LCA will not be extended, and $112,500 will not be deposited in the Airport Enterprise Fund. Continued on Attachment: SIGNATURE: _RECOMMENDATION OF COUNTY ADMINISTRATOR _RECOMMENDATION F BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON a� i99r�. APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS V/UNANIMOUS (ABSENT ) AYES: NOES: ABSENT: ABSTAIN: HEW:DRA c:LCAS.brd:lca I hefeby certlfY that this Is a true and cortet.K Dopy of 8n action taken and entered on the minutes of the Board of SullyeivIsofe on the date sham, Orig Div:Airports(Dick Awenius 65722) 02 5, / q CO cc: County Administrator ATTESTEt) Public Works Director PHIL SATCME AlClaary rk of the Eoafd Public Works Accounting of supws=sots--`- AdMftfttO i Auditor/Controller i Aviation Advisory Committee(via A/P) Federal Aviation Administration(via A/P) By L.C.A.,Inc.(via A/P)