HomeMy WebLinkAboutMINUTES - 12042012 - C.12RECOMMENDATION(S):
APPROVE and AUTHORIZE the Director of Airports, or his designee, to execute on behalf of the County a Consent
to Assignment of Lease between the County and the current tenant, Concord Jet Service, Inc. and the new tenant,
Hofmann Holdings, LP.
FISCAL IMPACT:
There is no negative impact on the General Fund. The Airport Enterprise Fund will continue to receive lease and
other revenues provided for in the Lease. The County General Fund will continue to receive property, sales and
possessory interest tax revenues from the Lease.
BACKGROUND:
Under a ground lease dated May 25, 1982, the County leased the subject property for the purpose of providing a
Fixed Base Operation at Buchanan Field Airport. This lease was assigned to different parties over the years; and, on
August 17, 1999, it was assigned to Concord Jet Services, Inc.
Concord Jet Services, Inc. desires to assign all of its interest in the lease to Hofmann Holdings, LP. An assignment of
the lease requires the prior written consent of the County. This action authorizes consent to the assignment. This
action does not amend or alter the terms of the existing lease.
APPROVE OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD
COMMITTEE
Action of Board On: 12/04/2012 APPROVED AS RECOMMENDED OTHER
Clerks Notes:
VOTE OF SUPERVISORS
AYES 5 NOES ____
ABSENT ____ ABSTAIN ____
RECUSE ____
Contact: Beth Lee, (925) 646-5722
I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of
the Board of Supervisors on the date shown.
ATTESTED: December 4, 2012
David J. Twa, County Administrator and Clerk of the Board of Supervisors
By: Stacey M. Boyd, Deputy
cc:
C. 12
To:Board of Supervisors
From:Keith Freitas, Airports
Date:December 4, 2012
Contra
Costa
County
Subject:Approval of Consent to Assignment of Lease between C.C.County & Concord Jet Service, Inc. & Hofmann Holdings, LP for
property at 500 Sally Ride Drive
CONSEQUENCE OF NEGATIVE ACTION:
The County will not consent to the assignment of the lease and Concord Jet Services, Inc. will not be able to assign
its interest in the lease.
CHILDREN'S IMPACT STATEMENT:
Not Applicable