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HomeMy WebLinkAboutMINUTES - 09211999 - C47 TO, BOARD OF SUPERVISORS c-41 FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR DATE: SEPTEMBER 21, 1999 SUBJECT: BUCHANAN FIELD AIRPORT—CONSENT TO THE SECOND ASSIGNMENT OF THE LEASE BETWEEN THE SOLANO WAY PARTNERSHIP AND LITHIA REAL ESTATE, INC. I SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION I. Recommended Action: APPROVE and AUTHORIZE the Public Works Director, or his designee, to EXECUTE, on behalf of the County, a Consent to Second Assignment of Lease consenting to the assignment of the lease between The Solano Way Partnership, as Assignor, and Lithia Real Estate, Inc., as Assignee, for land near the Buchanan Field Airport. 11. Financial Impact: There will be no financial impact from this action. Continued on Attachment: X SIGNATURE: REUOMMENDNI'ION OFCOUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE _OTHER SIGNATURE(S): ACTION OF BOARD ON APPROVED AS RECOMMENDED OTHER September 21, 1999 VOTE OF SUPERVISORS Y UNANIMOUS(ABSENT NOI]p AYES: NOES: ABSENT: ABSTAIN: DRA:kd I hereby certify that this is a true and correct copy of an C:BO\BO21a.t9.doc Orig.Div: Public Works(Airports Division) action taken and entered on the minutes of the Board Contact: (Dick Awenius 646-5722) cc: County Administrator of Supervisors on the date shown. Public Works Director Public Works Accounting Auditor/Controller Aviation Advisory Committee(via Airport) Federal Aviation Administration(via Airport) ATTESTED: September 21, 1999 Solano Way Partnership,Assignor(via Airport) Lithia Real Estate,Inc.,Assignee(via Airport) PHIL BATCHELOR, Clerk of the Board of Supervisors and County Administrator By Deputy 'ell SUBJECT: BUCHANAN FIELD AIRPORT—CONSENT TO THE SECOND ASSIGNMENT OF THE LEASE BETWEEN THE SOLANO WAY PARTNERSHIP AND LITHIA REAL ESTATE, INC. DATE: SEPTEMBER 21, 1999 PAGE 2 111. Reasons for Recommendations and Background: The Solano Way Partnership (Solano)has leased land from the County near the Buchanan Field Airport for the operation of a Dodge car dealership since 1985. Solano has subleased its leased premises to Lithia Real Estate, Inc. (Lithia) since March 1997. Solano now desires to assign its interest in the lease to Lithia. Lithia is considered to be an acceptable tenant for the County. IV. Consequences of Negative Action: The Consent to Second Assignment of Lease will not be executed, and the lease will not be assigned.