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  Item No. 9.       
Meeting Date: 03/14/2019  
COMMITTEE: Legal  
CONTACT: Aaron Holloman CHAIR: Judy Stubbs

ACTION REQUESTED:
Consider approval to authorize Air Methods, Inc., a Delaware Corporation, to renew their current lease agreement on an area of land. 
BACKGROUND:
Air Methods, Inc., leases the land for the purpose of housing medevac operations. 1 acre of land. New monthly rent amount is $290; $3,480 annually. Rent adjustment is 2.5%. Air Methods, Inc., have been a customer since January 2014.
FINANCIAL CONSIDERATION
Air Methods, Inc., new monthly rent amount is $290; $3,480 annually. Rent adjustment is 2.5%. Term: April 1, 2019 through March 31, 2024. 
LEGAL REVIEW:
The City Attorney has reviewed the leases, amendment, and the Request for Proposal.  
BOARD AND COMMITTEE ACTION:
The Legal Committee recommended approval (4-0) at their meeting on February 28, 2019.
STAFF RECOMMENDATION:
Consider approval of the leases, amendment, and the Request for Proposal as presented.
Attachments
ATT 1 Air Methods


    

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