File #: 14-001261    Version: Name:
Type: Ordinance Status: Passed
File created: 11/5/2014 In control: City Council
On agenda: 12/16/2014 Final action: 12/15/2015
Title: Second Reading Ordinance - Authorizing a five year base term lease agreement with Signature Flight Support Coporation (1st Reading 12/16/14) Ordinance authorizing the City Manager, or designee, to execute an Amended and Restated Hangar and Fixed Base Operator's Lease with Signature Flight Support Corporation for the operation of a commercial hangar and fixed base aviation operation on the east side of the airfield at the Corpus Christi International Airport, in consideration of an annual rental fee at fair market value based on the current professional property and land appraisal, for a new term of five (5) years; providing for severance; providing for publication; and providing for an effective date.
Sponsors: Aviation Department
Attachments: 1. Agenda Memo - Signature Flight Support, 2. Ordinance - Fixed Base Operator Lease - Amended, 3. Signature Flight Support - Lease Agreement, 4. Signature Flight Support - Exhibit 1 Leased Premises, 5. Signature Flight Support - Exhibit 2 Appraisal Report, 6. Signature Flight Support - Exhibit 3 Structural Report, 7. Signature Flight Support - Exhibit 4 Deferred Maintenance Items and Budget, 8. Signature Flight Support - Exhibit 5 Fees and Charges
Title
Second Reading Ordinance - Authorizing a five year base term lease agreement with Signature Flight Support Coporation (1st Reading 12/16/14)
Ordinance authorizing the City Manager, or designee, to execute an Amended and Restated Hangar and Fixed Base Operator's Lease with Signature Flight Support Corporation for the operation of a commercial hangar and fixed base aviation operation on the east side of the airfield at the Corpus Christi International Airport, in consideration of an annual rental fee at fair market value based on the current professional property and land appraisal, for a new term of five (5) years; providing for severance; providing for publication; and providing for an effective date.