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Home My WebLink AboutMINUTES - 08171999 - C30-C31 30 TO:' BOARD OF S"JPERVISO S �� FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTO DATE: AUGUST I7, t 999 SUBJECT. BUCHANAN FIELD AIRPORT - SECOND ASSIGNMENT OF LEASE FROM BI.JCHANAN -FIELD OPER IES TO CONCORD,IES'SEERVICES, INC, S?i Ci iC Z JF.ST'(S)032 R:COMM_ENDA ;JN(S)&BACKGRC UN--AN--J USTFICATION L Recommended Action- APPROVE ction-SPP O T and AUTHORIZE the PiYolC Wodks Director t0 EXECU'T'E,on°be al of the County, a consent to the Second Assio.meet ofLeasc for the premises located et 500 Sally fide Dnve,near Concord,Ca iforni , fton.County's tent, Buchanan Field Properties, a California general partnership, t0 Concord Jet Servides, Inc., a California corporation, as more p `tic€ ay-iy described in said Second Assignment of Lease. IT. Financial pact: There is no f'nianciall impact froom this actions. r P Continued on Attachment. X SIGNATURE. t I t 1 RECOMMENDATION A'€TION€ F BOARD COMMITTEE —APPROVE OTHER SIGNATURE(S)-. ACTION OF BOARD ON A1,TCUST 17, 19 9kPPRO4 ED AS RECOMMENDED O- THS R V E OF SUPERv1sloRs UNANIMOUS(AP3S'LNT � # hereby certify that this is a true and correct copy of an AYES- NOES, � act on taker; and entered o3" fhe minutes of the Board '�' ABS N . _ A ��N. � of Supervisors on the date shown. OH9.Doi�a.tPubli ATTESTED: 9MUS' 17, 1999 FSri�.iBiv: Public Werks-Ai;po;ta Cantact: (Dick R.Awenius.646-3722) 'HIL BATCHELOR, Clerk of the Board of Sup`e"r�scr cc: (cwiy Administrator and Countoy; myyy y or %',bhc Works Accounting Auditar/('ontro)In* Aviauon Advisory Committee Federal Aviadon Adminiwtration Huchat;an Fieii Properties.Aksipor ! 1 tloncord Jet Snviccs,inC-,Assignee ,r `�j�.""a""" �" Deputy F r SUBJECT: BI.CHANAN FIELD AIRPORT - SECOND ASSIGNMENT OF THE LEASE 1:RO BUCHANANT FIELD -PROPERTIES IES T CONCORD 4E. SERVICES, INC. DATE: AUGUST 1 7, 19919 PAGE 2 L Reasons for Recommendations and Bac eeound: County's te° art ofthe premises lobated at 5W,;Sa Iy Ride Drive at the Buchanan iv d A .part,Buch&nm Field Properties, desires to assign its :ease to Concord Jet Services, I-neorpomed, The subject lease states that the parties to the asci r-merit must first receive County's consent for the assign ent to be in effect, This action provides County's consent to said Second Assignment off Lease, IVs Consequences of Negative Action. County will riot consent to the assign bent car tie lease, { BOARS OF SUPERVISORS FROM: J� M11CHAEL WALE ORD, PUBLIC WORDS DIRE.CT�3R DA'Z'E: AUGUST 1 7, 1999 SUBJECT- B CHANIAN FIELD AIRPORT - S'ECOND AMENDMENT TO THE LEASE E'I``V EEN CONTRA COSTA CU-7TTY AND THE SOLANO WAY PARTNERSHIP b?ECF'C 17Q�JrST(S)OR RECOMMENDATION(S)&SANOROUND AND JUS T IE?CATION Io Recommended Acton APPROVE and A€rTHOPI E the Public Works Director,or his designee,to EXECUTE, on behalf of the County, a Second Amendment to Lease bet-Weer, Contra Costa C ou ty and T he Sola-no Way Partnership, for the prem ises located at 49,01. Marsh Drive, Concord, California, as snore-particularly described in said Second Amendment to Lease. IIm Financial Imp o The County's Airport Enterpr-se Fund w--I. receive a payment of$146,000 as consideration forth-,County extending the lease w,.+h its to art. Continued or,Attachment: x SIGNATURE: RECOMMENDATION OF€OARD COMMITTEE APPROVE OTHER SIGNATURE(S). ACTION OF BOARD ONAIJ11�iST 1�s 1999 APPROVED AS RECOMMENDED � OTHER ' hereby certify that this is a trde and correct co-py of an VOTE OF SUPERVISORS action taken and entered on the rni.nutes of the Board X jNAN NIOU- S(ABSENT } Of Supervisors on the date shown. AYES- NOES: ABSENT: ABSTAIN: ATTESTED: AUGUST 17, X999 R.0,9!}17.tR FIHi';- BATCHELOR, Clerk of tee Board of Supervisors Qrig,Div: Public Wanks-Ai,poiis pti coaaae2: (trick R.Awenina,646-5722) and 'C, Urtty Ad?'r9ritrtor ce: Coanty Administrator ru lic Works Pzrectoi ?ublic Works Accoun±ing Aviation Advisory Committee(via Al-pof l) a. - / .,dO,t,,/„+° - v z) rde-al Acianou Adr=ttnasa'xnon;tta Aitpertj ' y De ut "'he Solano Way Partnm,hip,Tenant,via Anpo,) r SUBJECT- BUCHANAN FIELD AIRPORT - SECOND AMENDMENT TO '-" IE LEASE BETWEEN, CONTRA COSTA CUUTNTY AND THE SOLANO WAY PARTNERSHIP DATE. AUGUST 17, 1999 PAGE 2 NIL Reasons for Recommendations and. Baei� round- The County leased the 6,1-acre parcel of land located at 4901 Mars Drive, Concord, California, in 19_5, to The Solano Way Partnership for the operation of a new car dealership. The tenant now desires to extend its I fro <August 20, 202€ to A g��st 2€I, 2030, with an additional four-year option. A real estate appraiser was hired to deten<n€ne the vale of the lease extension to the County. The appraiser deter ined a value of $146,000,00. The tenant has agreed to pay the fill amount of the appraised value to the County as eon sideration for the lease extension, This action provides County's consent to the Second A end ent to Lease, which provides for the lease extension and payment. IVa Consequences ences of Negative Action: County will not consent to the Second Amendment to Lease, and the Airport Enterprise Fund will :not receive a payment of$146,000€ 00.