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File #: 18-8426    Version: 1 Name: Commercial Lease for J&G Aviation, LLC., for 9 North C
Type: Agenda Item Status: Consent Agenda
File created: 11/6/2018 In control: Airport
On agenda: 11/20/2018 Final action: 11/20/2018
Title: Commercial Lease for J&G Aviation, LLC., for Location 9 North C for a period of three (3) years beginning December 1, 2018 and ending November 30, 2021 for total minimum annual rent of $13,848

From

Elsa Delgado

 

Title

Commercial Lease for J&G Aviation, LLC., for Location 9 North C for a period of three (3) years beginning December 1, 2018 and ending November 30, 2021 for total minimum annual rent of $13,848

 

Presenter

Mark J. Divita, C.M., Airport Director

 

Recommended Action

Approve

 

Analysis

J&G Aviation, LLC. has been a long time tenant of the airport in good standing. They are seeking a Commercial Lease for location 9 North C this agreement shall be for a period of three (3) years beginning December 1, 2018 and ending November 30, 2021.

 

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 for the premises. In addition, Lessee shall pay Twenty Dollars ($20.00) per month for trash removal. Lessee may elect to advertise on the electronic message board for a Fifty-Five Dollars ($55.00) per month fee. Total minimum annual rent will be $13,848.00.