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HomeMy WebLinkAboutRESOLUTIONS - 01011968 - 1968-083 IN THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, STATE OF CALIFORNIA In the Matter of Revaluation } Approval of Ground. Rental for } Pacific States Aviation Fixed ) RESOLUTION NO. 68/83 Base Operation (Buchanan Field ) Airport) . ) } The Board of Supervisors of Contra Costa County RESOLVES THAT: Under Section â–ºsecond. of the Lease between the County of Contra Costa, as Lessors, and Pacific States Aviation, commencing March 1, 1963 and as amended to include the additional area by Board Order dated October 27, 1964, and assigned to William S . Towne by Assignment of Lease approved in Board Resolution No. 5546 dated September 20, 1966, the lease provides for revaluation of the ground rental at the end of 5-year periods of the original lease terms. NOW, THEREFORE, this Board hereby approves the Public Works Director' s recommendation that the ground rental of said lease and. amendment be increased. from a total of ground rent of $3,531.00 per year to $49413.75 per year, effective on the 5-year anniversary date of the original lease; namely, March 1, 1968; pursuant to the rights of the Lessee to appeal the rental increase by arbitration of appraisers as provided in said Section Second.. RESOLUTION NO . 68/83