HomeMy WebLinkAboutMINUTES - 06131995 - 1.1 (2) TO: BOARD OF SUPERVISORS
FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR
DATE: June 13, 1995
SUBJECT: BUCHANAN FIELD AIRPORT- EIGHTH AMENDMENT TO LEASE WITH PACIFIC STATES
AVIATION
SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
I. Recommended Action:
APPROVE and AUTHORIZE the Public Works Director to EXECUTE, on behalf of the County, an
Eighth Amendment to Lease for premises at the Buchanan Field Airport .
II. Financiallmpact:
The Eighth Amendment to Lease provides for the payment of a lower percentage rent from rental car
operations at the Buchanan Field Airport retroactive to November 1993, which will result in a lower
percentage rent payment for this period.
11111. Reasons for Recommendations and Background:
Rental Car operations on the Airport is a source of revenue to the Airport Enterprise Fund. As an
incentive for keeping Rental Car operations on the Airport, a lower percentage rent rate was negotiated
with the Tenant. The Eighth Amendment to Lease provides for the lower rental payment. The Eighth
Amendment to Lease also requires Tenant to insert certain language in their subleases with regards
to sublesee's License Agreements with the County and Tenant's responsibilities under those
provisions.
IV. Consequences of Negative Action:
The Eighth Amendment to Lease will not be executed, negotiated rent will not be realized.
Continued on Attachment:_ SIGNATUR
RECOMMENDATION OF COUNTY ADMINISTRATOR _R COMMENDATION F BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S):
ACTION OF BOARD ON 11,199S APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
,//UNANIMOUS(ABSENT )
AYES: NOES: 6 hereby certify that this Is a true and correct copy of
ABSENT:— ABSTAIN• an action taken and entered on the minutes of the
Board of Supervisors on the date shown,
HEW:DRA:sh ATTESTED: `aS/
c:B06.tl3 PHIL BAtCHELOR,Clerk of the Board
of Supervisors and County Administrator
Orig Div:Airports(Contact-H.Wight 646-5722)
cc: County Administrator 1 A__
.)
Public Works Director BY .De
Pacific States Aviation,Tenant,(via BFA)
Aviation Advisory Committee, (via BFA)