From
Elsa Delgado
Title
Commercial Lease Agreement with Helogistics,Inc. for the lease of airport hangar and office space at Location 9 North A for a one (1) year term beginning October 1, 2020 and ending September 30, 2021 for a monthly rate of One Thousand One Hundred Thirty-Four Dollars and 00/Cents ($1,134.00) per month and a monthly trash fee of Twenty Dollars and 00/Cents ($20.00); and may elect to advertise on the electronic message board for a Fifty-Five Dollars ($55.00) per month fee
Presenter
Mark J. Divita, C.M., Airport Director
Recommend Action
Approve
Analysis
This commercial lease agreement shall begin on October 1, 2020, and shall be a one (1) year term ending September 31, 2021. This is a renewal of a lessee in good standing.
Financial Consideration
The lease will have a monthly rate of One Thousand One Hundred Thirty-Four Dollars and 00/Cents ($1,134.00) per month and a monthly trash fee of Twenty Dollars and 00/Cents ($20.00). The total airport revenue (371010-43450) for this lease is Thirteen Thousand Eight Hundred Forty-Eight Dollars and 00/Cents ($13,848.00).