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HomeMy WebLinkAboutMINUTES - 06261984 - 1.24 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Order on June 26, 1984 by the following vote: AYES: Supervisors Powers , Fanden, Schroder, Torlakson NOES: None ABSENT: Supervisor McPeak ABSTAIN: None SUBJECT: Authorize Execution of Lease Between Buchanan East Hangars and Contra Costa County Buchanan Field Airport The Public Works Director recommends that it in the best interest of the County to enter into a lease agreement with Buchanan East Hangars (a partnership) , for construction, maintenance and operation of a corporate hangar on the east side of Buchanan Field Airport, identified as Site TH-AA. The term of this lease shall be for a period of fifteen (15) years with a rental rate of $100 per month for the first five (5) years. Commencing with the first day of the 6th year of the lease term, the monthly rent shall increase to $373.75 with cost of living adjustments to be applied on a annual basis . Rental payments shall be made on a monthly basis, due and payable on or before the first day of each month. IT IS BY THE BOARD ORDERED that the recommendation of the Public Works Director is APPROVED and the Chairman is AUTHORIZED to execute, on behalf of the County, said lease with Buchanan East Properties, under terms as set forth in said lease. 1 hereby cerltfy that this is a Ira*andeornoteWof an action taken and entered on the mtnuba of the Board of Supervlsoro on the date shown. ATTESTED: !9 J.R. OL S0%L. COUNTY CLERK and ex offlolc Clerk of the Board BY o, Deputy Orig. Dept. Public Works cc: County Administrator Public Works Director Accounting Division Lease Management Division i Buchanan Each Hangars (via Airport) (via P,w) i 00 029