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  Item No. 11.       
Meeting Date: 03/12/2020  
COMMITTEE: Legal  
CONTACT: Aaron Holloman CHAIR: Judy Stubbs

ACTION REQUESTED:
Consider approval to authorize Tom Wadsworth, an individual, to amend his current lease agreement on “T” Hangar No. 119, Space 2.
BACKGROUND:
Initiated by:  Scott Stark/Mark Bleth
 
Tom Wadsworth, leases the hangar for the purpose of aircraft storage and maintenance. Tom will be dropping this hangar from a lease in his name, to a new lease in both his name and Carlton Walker. Tom Wadsworth has been a customer since November 1992.
FINANCIAL CONSIDERATION
Current rent amount of $187.58 monthly will be assigned to the new joint lease.
LEGAL REVIEW:
The City Attorney has reviewed the lease.
BOARD AND COMMITTEE ACTION:
The Legal Committee recommended (3-0) approval at their meeting on February 27, 2020.
STAFF RECOMMENDATION:
Consider approval of the lease as presented.
Attachments
ATT 1 Wadsworth Walker Lease


    

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