File #: 13-000810    Version: Name:
Type: Ordinance Status: Passed
File created: 8/28/2013 In control: City Council
On agenda: 11/12/2013 Final action: 11/19/2013
Title: Second Reading Ordinance - Lease Agreement with Atlantic Aviation for operation of Fixed Base Operator Lease on the west side of the airfield at the Corpus Christi International Airport (1st Reading 11/12/13) Ordinance authorizing the City Manager, or designee, to execute an Amended and Restated Hangar and Fixed Base Operator’s Lease (“Lease”) with Mercury Air Center - Corpus Christi, Inc., dba Atlantic Aviation (“Atlantic”) for the operation of a commercial hangar and fixed base aviation operation on the west side of the airfield at the Corpus Christi International Airport (“Airport”), in consideration of annual rental fee paid by Atlantic to the City at fair market value based on the current professional property and land appraisal, for a term of five (5) years.
Sponsors: Aviation Department
Attachments: 1. Agenda Memo - Atlantic, 2. Ordinance - Atlantic 8-23-13.pdf, 3. Atlantic FBO Lease
Title
Second Reading Ordinance - Lease Agreement with Atlantic Aviation for operation of Fixed Base Operator Lease on the west side of the airfield at the Corpus Christi International Airport (1st Reading 11/12/13)
 
Ordinance authorizing the City Manager, or designee, to execute an Amended and Restated Hangar and Fixed Base Operator's Lease ("Lease") with Mercury Air Center - Corpus Christi, Inc., dba Atlantic Aviation ("Atlantic") for the operation of a commercial hangar and fixed base aviation operation on the west side of the airfield at the Corpus Christi International Airport ("Airport"), in consideration of annual rental fee paid by Atlantic to the City at fair market value based on the current professional property and land appraisal, for a term of five (5) years.