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HomeMy Public PortalAboutAB 19-164 Lease Assumption Hangar 213 (002)McCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, Idaho 83638 Number AB 19-164 Meeting Date July 25, 2019 AGENDA ITEM INFORMATION  SUBJECT: Request to Approve the Assumption of Hangar 213 Lease by John P. Richardson and Gale P.P. Richardson, and terminate the interest in the lease of FURLCO, LLC at Time of Closing Department Approvals Initials Originator or Supporter   Mayor / Council     City Manager     Clerk     Treasurer     Community Development     Police Department     Public Works     Golf Course    COST IMPACT:  Parks and Recreation    FUNDING SOURCE:  Airport RMS Originator    Library    TIMELINE:  Information Systems      Grant Coordinator    SUMMARY STATEMENT: John and Gale Richardson wish to assign the lease of Hangar 213 grounds to remove the interest of FURLCO, LLC. All lease rates and terms will remain the same. This lease assumption was assessed a $200 processing fee. Attachment: Lease Assignment  RECOMMENDED ACTION: Approve the assumption of the Hangar 213 lease by John P. Richardson, Gale P.P. Richardson and FURLCO, LLC, to terminate the interest of FURLCO, LLC in the lease at time of closing, and authorize the Mayor to sign all necessary documents.  RECORD OF COUNCIL ACTION  MEETING DATE ACTION