Title
Airport Property Lease - Menzies Aviation (USA), Inc.
Action
Action:
A. Approve two five-year lease agreements with Aviation Services International, Inc., dba Menzies Aviation (USA), Inc. for offices and warehouse space at the airport related to its fueling services, and
B. Authorize the City Manager to renew each of the leases for up to one, five-year extension.
Body
Staff Resource(s):
Haley Gentry, Aviation
Ted Kaplan, Aviation
Explanation
§ Aircraft Services International, Inc. DBA Menzies Aviation (USA), Inc. (Menzies Aviation) has been the primary fueler at the Airport for over a decade. These facilities have been leased by Menzies Aviation for over five years in support of its operation at the airport.
§ The leases with Menzies Aviation include:
- 2,870 square feet of warehouse and 430 square feet of office space located at 4840-C Express Drive. The rent is $25,825 annually.
- 6,763 square feet of office located at the Old Terminal. The rent is $86,348.50 annually.
Fiscal Note
Funding: Revenue to be deposited in Airport Operating Fund.