Title
Transportation Department recommending Chairman be authorized to sign the Consent of Lessor for the Assignment and Amendment of Airport Land Use Lease 578-L0511 with Holly S. Foster, Jim Shannon and Mehrdad Mehranpour for Hangar Space SP-26 at the Placerville Airport.
RECOMMENDED ACTION: Approve.
FUNDING: Placerville Airport Enterprise Fund - Fee Revenue.
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BUDGET SUMMARY:
Total Estimated Cost $0
Funding
Budgeted $0
New Funding $
Savings $
Other $
Total Funding Available $
Change To Net County Cost $0
Fiscal Impact/Change to Net County Cost: None
The County will continue to receive annual lease revenue in the amount of $580.00 for a Single Tee Hangar pursuant to Resolution 232-2004. There is no cost to the County General Fund associated with this agenda item.
Background:
The County entered into a Land Use Lease for Hangar Space SP-26 with Holly S. Foster and Jim Shannon commencing on January 1, 2006 at the Placerville Airport and is current with annual rent.
Reason for Recommendation:
Holly S. Foster and Jim Shannon desires to assign the Lease to Mehrdad Mehranpour of 4040 Harlington Circle, El Dorado Hills, CA 95762 upon approval by your Board as provided in said Lease. The Department of Transportation has no objection to this assignment.
Action to be taken following Board approval:
1. The Chairman to sign the Consent of Lessor, in duplicate, related to the Assignment and Amendment of Airport Land Use Lease #578-L0511.
2. Clerk of the Board to enter the date of the signature of the Chairman from the Consent of Lessor form on the Assignment and Amendment of Airport Land Use Lease # 578-L0511.
3. Clerk of the Board to return one signed original of the Consent of Lessor with the Assignment and Amendment of Airport Land Use Lease # 578-L0511 to DOT for transmittal to new Lessee.
District/Supervisor: III Jack Sweeney
Contact: Richard W. Shepard, P.E
Director ...
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