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HomeMy WebLinkAboutMINUTES - 08122003 - C.34 .F TO: BOARD OF SUPERVISORS fi' Centra FROM: MAURICE M. SHIU, PUBLIC WORKS DIRECTOR o . Costa DATE: August 12, 2003 County r SUBJECT: APPROVE and AUTHORIZE the Public Works Director, or Designee to execute a lease with the Buchanan Airport Hangar Owners Association, Inc., at the Buchanan Field Airport, Pacheco area. SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROLNI3 AND JUSTIFICATION I. Recommended Action: APPROVE and AUTHORIZE the Public Works Director,or Designee,to execute,on behalf ofthe County, a Lease with the Buchanan Airport Hangar Owners Association, Inc. for a portion of the Buchanan Field Airport, under the terms and conditions more particularly set forth in said Lease, effective September 1, 2003. Pacheco area. (District IV) (No Funding) II. Financial Impact: There is no impact to the County General Fund. The annual rent of$61,212 will be deposited in the Airport Enterprise Fund. Continued on Attachment:_ _ SIGNATURE: !,—I;, k4iCOMMENDATION OF COUNTY ADMINISTRATOR _RECOMMENDATION OF BOARD COMMITTEE %APPROVE OTHER a SIGNATURE(S): ACTION OF BO "/ON AUG. 12, 2003 APPROVED AS RECOMMENDED BOTHER t VOTE OF SUPERVISORS I hereby certify that this is a true and correct copy of an action xx UNANIMOUS(ABSENT NONE ) taken and entered on the minutes of the Board of Supervisors on AYES: NOES: the date shown. ABSENT: ABSTAIN: KF_KJ:df ATTESTED:_ ALJGUST 12, 2003 C:\Word riles'B0\2003\bz6-l2 BAHOA Lease.doc JOHN SWEETEN,Clerk of the Board of Supervisors and County Orig.Div;Public Works(Airport) Administrator Contact: () (Keith Freitas 646-5722) cc: County Administrator ,� Maurice Shiu,Director of Public Warks By Deputy Julie Bueren,Deputy Director of Public Works Accounting SUBJECT: APPROVE and AUTHORIZE the Public Works Director to execute a lease with the Buchanan Airport Hangar Owners Association, Inc. at the Buchanan Field Airport, Pacheco area. DATE: August 12, 2003 PAGE: 2 111. Reasons for Recommendations and Background: On July 23,1996, the Board of Supervisors authorized the Public Works Director to execute an Option to Lease with the Buchanan Airport Hangar Owners Association,Inc. for the option to lease an approximately 3.3 acres of land at the Buchanan Field Airport. The existing tenant subleases the land to owners of individual T-Hangars who have placed their T-Hangars on the property. These individuals formed a non- profit organization (Buchanan Airport Hangar Owners Association, Inc.) with the intent of leasing the property from the airport upon the expiration of the existing tenants Lease. The term of the County's lease with the current tenant expires August 31, 2003. The County negotiated the terms of the new Lease with Buchanan Airport Hangar Owners Association,Inc. at the time the Option was executed. The corporation has exercised the Option to Lease and is executing the 10-year lease with the County commencing September 1, 2003. 1V. Consequences of Negative Action: This will cause a continued loss of revenue to the Airport Enterprise Fund of$61,212 annually.