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HomeMy WebLinkAboutMINUTES - 08062013 - C.15RECOMMENDATION(S): APPROVE and AUTHORIZE the Director of Airports, or his designee, to consent on behalf of the County, to a Sublease between the current tenant, Hofmann Holdings, LP and Concord Jet Service, Inc. 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 (Lease), 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 December 4, 2012, it was assigned to Hofmann Holdings, LP. Hofmann Holdings, LP desires to sublease all the premises to Concord Jet Services, Inc. for the operation of a full service Fixed Base Operations and to manage the property, including renting to other tenants APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 08/06/2013 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Candace Andersen, District II Supervisor Mary N. Piepho, District III Supervisor Karen Mitchoff, District IV Supervisor Federal D. Glover, District V Supervisor 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: August 6, 2013 David Twa, County Administrator and Clerk of the Board of Supervisors By: June McHuen, Deputy cc: C. 15 To:Board of Supervisors From:Keith Freitas, Airports Director Date:August 6, 2013 Contra Costa County Subject:Approval of Sublease between Hofmann Holdings, LP and Concord Jet Service, Inc. for the property located at 500 Sally Ride Drive, Concord. BACKGROUND: (CONT'D) as allowed under the Lease. A sublease requires the prior written consent of the County. This action authorizes consent to the sublease. This action does not amend or alter the terms of the existing lease. CONSEQUENCE OF NEGATIVE ACTION: The County will not consent to the sublease and Concord Jet Services, Inc. will not be able to operate a Fixed Base Operation and manage the premises. CHILDREN'S IMPACT STATEMENT: Not Applicable ATTACHMENTS Sublease