Consent-General Government # 9.
Board of Supervisors
County Administrator
- Meeting Date:
- 04/03/2018
- Brief Title
- Airport Lease
From:
Mindi Nunes, Assistant County Administrator, County Administrator's Office
Staff Contact:
Gary Engel, Airport Manager, County Administrator's Office, x5044
Supervisorial District Impact:
Subject
Approve 30-year airport ground lease with Malcolm Bond. (Annual general fund revenue $2,640) (Nunes/Engel)
Recommended Action
Approve 30-year airport ground lease with Malcolm Bond.
Strategic Plan Goal(s)
Thriving Residents
Safe Communities
Sustainable Environment
Safe Communities
Sustainable Environment
Reason for Recommended Action/Background
The airport lease includes a ministerial project and is consistent with the Airport Master Plan, Airport Layout Plan and existing Aviation Zoning. The ground lease will generate $2,640 in the first year, plus a 2.5% annual cost-of-living adjustment. In addition, new based aircraft will bring about $3,000 per year in property tax to the general fund. All long term leases require Board approval.
Collaborations (including Board advisory groups and external partner agencies)
County Counsel
Competitive Bid Process
N/A
Fiscal Impact
No Fiscal Impact
Fiscal Impact (Expenditure)
- Total cost of recommended action:
- $ 0
- Amount budgeted for expenditure:
- $ 0
- Additional expenditure authority needed:
- $ 0
- One-time commitment:
- Yes
Source of Funds for this Expenditure
- General Fund
- $0
Further explanation as needed:
No general fund cost. This lease will generate annual ground lease revenues to the Airport Enterprise Fund and about $2,640 per year to the general fund in property taxes.
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| County Counsel | Lupita Ramirez | 03/16/2018 09:19 AM |
| Financial Services | Tom Haynes | 03/26/2018 09:59 AM |
| County Counsel | Phil Pogledich | 03/27/2018 02:58 PM |
- Form Started By:
- mraley
- Started On:
- 03/06/2018 02:25 PM
- Final Approval Date:
- 03/27/2018