Consent 11.
Regular Board of Supervisors Meeting
Procurement
- Meeting Date:
- 08/23/2011
- Title:
- Renewal of Airport Hanger Lease Agreement
- Submitted By:
- Dave Seward, Procurement
- Department:
- Procurement
Presentation:
No A/V Presentation
Recommendation:
Approve
Document Signatures:
BOS Signature Required
# of ORIGINALS
Submitted for Signature:
Submitted for Signature:
2
NAME
of PRESENTER:
of PRESENTER:
N/A
TITLE
of PRESENTER:
of PRESENTER:
N/A
Docket Number (If applicable):
Mandated Function?:
Federal or State Mandate
Source of Mandate
or Basis for Support?:
or Basis for Support?:
Agenda Item Text:
Approve the award of renewal of a lease agreement for the lease of Airport Hanger T-4096 at BDI Airport in the amount of $369 per month to Theodore R. Vieu for a five year period with the option to renew for up to three (3) five year periods.
Background:
On September 5, 2006, the Board of Supervisors approved the lease of Aircraft Hanger T-4096 to Theodore R. Vieu for a period of five-years with the option to renew for successive five-year periods upon mutual consent of both parties and as approved by the Cochise County Board of Supervisors. The lessee has agreed to renew the lease for an additional five-year period in the amount of 369.00which is the adjusted rate in accordance with the Consumer Price Index and in accordance with the terms of the lease agreement. The original price was $360.00.
Department's Next Steps (if approved):
Approve lease agreement. Collect rent.
Impact of NOT Approving/Alternatives:
Lost revenue of $4,428.00 per year.
To BOS Staff: Document Disposition/Follow-Up:
Copies of the contract signed by the lessee will be hand carried to the Clerk of the Board.