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File #: 15-9865    Version: 1 Name:
Type: Consent Item Status: Approved
File created: 12/18/2018 In control: City Council Business Meeting
On agenda: 2/11/2019 Final action: 2/11/2019
Title: GAT Airline Ground Support, Inc. Lease

Title

GAT Airline Ground Support, Inc. Lease

 

Action

Action:             

Approve a three-year lease with GAT Airline Ground Support, Inc. for office space in the terminal of Charlotte Douglas International Airport.

 

Body

Staff Resource(s):

Brent Cagle, Aviation

Haley Gentry, Aviation

 

Explanation

§                     Aviation has agreed to lease 473 square feet of office space in the terminal to GAT Airline Ground Support, Inc. to support various airlines’ operations.

§                     The first year’s rent based on the terminal rental rate is $27,545.28. The total three-year lease value will vary based on the annual terminal rental rate.

§                     This activity is occurring on airport property (Council District 3).

 

Fiscal Note

Funding:  Revenue from the lease agreement will be deposited within Aviation’s operating budget