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HomeMy Public PortalAbout2004_09_14_r151The Town of Leesburg, Virginia PRESENTED September 14, 2004 RESOLUTION NO. 2004-151 ADOPTED September 14, 2004 A RESOLUTION: AUTHORIZING THE LEASE AGREEMENT BY AND BETWEEN AMERICAN HELICOPTERS, INC. AND THE TOWN OF LEESBURG FOR THE LEESBURG EXECUTIVE AIRPORT WHEREAS, American Helicopters, Inc. has made application to the airport commission in order to locate and operate a flight school business at the Leesburg Executive Airport; and WHEREAS, the airport commission and town staff have determined that the company meets the minimum standards for operating such business at the airport; and WHEREAS, the company desires a formal relationship with the town; and WHEREAS, a lease agreement satisfactory to both parties has been negotiated/'or space in the terminal building; and WHEREAS, the term of the lease is for five years; and WHEREAS, the annual rent for 1,201 square feet at $25.04 per square foot per year is $30,073.09; and WHEREAS, the airport director and the airport commission recommend adoption of this resolution. THEREFORE, RESOLVED that the Council of the Town of Leesburg in Virginia hereby authorizes the Town Manager to execute the lease agreement by and between American Helicopters, Inc. and the Town of Leesburg for the Leesburg Executive Airport in a form acceptable to the Town Attorney. PASSED this 14th day of September 2004. ATTEST: C_~k of Council lk'3'isgte~C. 'Umst~'ttd, Mayor Town of Leesburg R04:AmericanHeloLease