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  Item No. 12.       
Regular City Council Meeting
Meeting Date: 02/14/2019  
COMMITTEE:    Legal  
CONTACT:    Aaron Holloman CHAIR:    Judy Stubbs

ACTION REQUESTED:
Consider approval to authorize Don and Angel Mayes, and Richard Glenn, as individuals, to renew their current lease agreement on “T” Hangar Building No. 120, Space 2.
BACKGROUND:
Don and Angel Mayes, and Richard Glenn, lease “T” Hangar Building No. 120, Space 2 for the purpose of aircraft storage and maintenance. 1,002 square feet. New monthly rent $186; $2,232 annually. Rent adjustment is 2.2%. Don and Angel Mayes, and Richard Glenn have been customers since February 2010.
FINANCIAL CONSIDERATION
Don and Angel Mayes, and Richard Glenn, lease “T” Hangar Building No. 120, Space 2 for the purpose of aircraft storage and maintenance. 1,002 square feet. New monthly rent $186; $2,232 annually. Rent adjustment is 2.2%. Term: March 1, 2019 through February 29, 2020.
LEGAL REVIEW:
The City Attorney has reviewed the lease.
BOARD AND COMMITTEE ACTION:
The Legal Committee recommended (3-0) approval at their meeting on January 31, 2019.
STAFF RECOMMENDATION:
Consider approval of the lease as presented. 
Attachments
Don and Angel Mayes, and Richard Glenn

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