Action 9.
Regular Board of Supervisors Meeting
Development Services
- Meeting Date:
- 04/22/2025
- Title:
- BDI Rancho Relazo Films leasement agreement (Hanger 3)
- Submitted By:
- Christine McLachlan, Development Services
- Department:
- Development Services
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:
Christine McLachlan
TITLE
of PRESENTER:
of PRESENTER:
Interim Development Services Director
Docket Number (If applicable):
Mandated Function?:
Not Mandated
Source of Mandate
or Basis for Support?:
or Basis for Support?:
Information
Agenda Item Text:
Approval of a Lease Agreement between Cochise County (“Lessor”) and Rancho Relaxo Films, an Arizona Subchapter S corporation (“Lessee”), for $3,750 per quarter minus cost for improvements performed by Lessee as described in the agreement, for a 20-year term of Hangar III at the Bisbee-Douglas International Airport, effective May 1, 2025, to April 30, 2045.
Background:
Rancho Relaxo Films, an Arizona Subchapter S corporation, wishes to enter into a new lease agreement with Cochise County for the use of Hangar III, located at the Bisbee-Douglas International Airport. This lease formalizes the use of Hangar III as a movie sound studio and sound stage. This is a 20-year lease agreement. There is no existing lease between the parties. The proposed agreement would formalize the terms under which Rancho Relazo Films will lease and improve Hangar III for their commercial operations.
Department's Next Steps (if approved):
Record lease agreement and insurance infomation
Impact of NOT Approving/Alternatives:
The facility will remain unleased.
To BOS Staff: Document Disposition/Follow-Up:
Provide a copy of the signed lease agreement to Christine McLachlan