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HomeMy WebLinkAboutMINUTES - 08131996 - C17 TO: BOARD OF SUPERVISORS C' FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR DATE: AUGUST 6, 1996 SUBJECT: BUCHANAN FIELD AIRPORT - CONCORD SHERATON HOTEL - CONSENT TO LESSEE'S ENCUMBRANCE OF LEASEHOLD ESTATE SPECIFIC REQUEST(S) OR RECOANENDATION(S) &BACKGROUND AND JUSTIFICATION I. Recommended Action: APPROVE and AUTHORIZE the Public Works Director to EXECUTE, on behalf of the County, a Consent To Lessee's Encumbrance of Leasehold Estate with Theodore H. Kruttschnitt and Catherine M. Kruttschnitt, under the terms and conditions more particularly set forth in said Consent To Lessee's Encumbrance of Leasehold Estate. II. Financial Impact: There will be no financial impact from this action. III. Reasons for Recommendations and Background: The County's tenant, Theodore H. Kruttschnitt and Catherine M. Kruttschnitt, have completed substantial capital improvements to the Concord Sheraton Hotel and desire to refinance their leasehold estate. IV. Consequences of Negative Action: _ The Consent To Lessee's Encumbrance of Leasehold Estate will not be executed by County. Continued on Attachment: SIGNATURE: _RECOMMENDATION OF COUNTY ADMINISTRATOR `RECOMMENDATION OF B COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS UNANIMOUS (ABSENT ) AYES: NOES: ABSENT: ABSTAIN: HEW:DRA 1 hereby certify that this Is a true and correct�r of c:SherCon.brd:sher an action taken ����aarpidd pe�an�t�eered q}ony the minutes of ttta Orig Div:Airports(Dick Awenius 6.5722) ATtE.STED:Board of �!>=i11W lm cc: County Administrator PHIL BATCHIELON Cbrk Of the board Public Works Director 0fSUPerVIs=W4 At eW Public Works Accounting _ Auditor/Controller Ok Aviation Advisory Committee(via A/P) BY OPYty Federal Aviation Administration(via A/P) Theodore H.Krunschnitt,Lessee(via A/P)