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HomeMy WebLinkAboutMINUTES - 04231985 - 1.18 TO: BOARD OF SUPERVISORS FROM: PUBLIC WORKS DEPARTMENT DATE: April 23, 1985 SUBJECT: Third Adjustment of Ground Rental Rate and Amendment One to Lease with Anthony Scarcella-Corporate Hangar Lease Specific Requests or recommendations & Background and Justification RECOMMENDED ACTION: 1. _-Approve third adjustment of ground rental rate, and 2. Approve and Authorize the Chairwoman to execute, on behalf of the County, Amendment One to lease with Anthony Scarcella-Corporate Hangar Lease. FINANCIAL IMPACT: Increase annual lease ground rental rate from $1,875.00 per year to 2,255.20 per year. REASONS OR RECOMMENDATION/BACKGROUND: Section 4. RENTAL, b. Readjustment of Ground Rental of the lease between the County of Contra Costa as Lessor and Anthony Scarcella, as individual , as Lessee, provides revaluation of the ground rental at the end of each 5-year period of the lease term, with a maximum of allowable increase of 25%. A revaluation has been completed by the Public Works Department and the maximum increase of 25% is appropriate. Section 17. INSURANCE, b. Public Liability and Property Damage Insurance, provides for $250,000 liability coverage for one person, $500,000 for two or more persons and $500,000 property damage. It has been determined that this amount is inadequate in today's economy, and $1,000,000 single limit liability is the new appropriate minimum. Continued on attachment: no Signature: Recommendation of County Administrator Recommed4ation of Board Committee Approve Other: Signature(s): Action of Board on: PR Q n Iffi; Approved as Recommended Other_ Vote of Supervisors I HEREBY CERTIFY THAT THIS IS A TRUE / AND CORRECT COPY OF AN ACTION TAKEN V/ Unanimous (Absent ) AND ENTERED ON THE MINUTES OF THE Ayes: Noes: BOARD OF SUPERVISORS ON DATE SHOWN: ' Absent: Abstain: orig. dept.: Public Works/Airport cc: County Administrator Attested: APR 2 3 1%5 County Auditor Controller Phil Batchelor, County Assessor Clerk of the Board of Supervisors A. Scarcella (via BFA) and County Administrator P.W. Accounting By ,Deputy bo:scarceila.t4