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HomeMy Public PortalAbout2009_12_08_R147 - Assignment of RZF Hangar and Fuel Farm Lease'1'~u °~'r~ti~ti ~, 4 k ~ IZE StJLUTIClN N{~, 2009-9 T7 PRF.SF~lT1:D: December $.2009 AD~PTP-_D: Deccniber ~, za~9 A RESC}Lll'I'I~I~,i'. ALiTIIt7RTI""I'.ti1G lyN ASSIG~t~1~IETv~['(~I~ CiVv'I~TF:RSIIIP t}F R7.I~ f11~IATI(3N, LI,G; IN"I'I;'R4TS IN A IIA~iGIIt LI:ASI! AIVD A FUI;LFAI2ivI I,FASE 1~ETt=titE}iN THII 1'C7WN (}F LEISEiUI2G AND RZfAVIA`flflN; TI,G. WI IF,RLAS, oii or ahcnt,June b, 20t}6, the To~~h7 an<I R7.E Aviation LI,G entered ii2to a long-lean:lease (40 }'ears} to allow ItZF Aviation, LI~C, to canstruei, Operate aird Tease <t corporatelcommerrialst}'le halz~ar at 1heGresbeitg L~eeut'ti~e Airpar; aiid ~~'I~EREt1S; in May 24Ft18, khe Tati~n anc€ RAF Aviation, I,I,~, enlere~l into a sec©nd lan~- terii3 Erase (38 years}, 4o alloza~ l~~F Aviation, LLC`, to cflnsttiarl, operate and {ease a fiiel farlir at the heesbuig h;sectttis=e Airpoi•t'aitd WHEREAS, both the bafiigar anal the fuel fai`iii havebeen fid[yeompletetl; and lt'HEIt1;AS, iiz Jii1}= of 2Q09, ttivo (2} of t{ie three (3} iueiiibei~s of'RIF ,Aviation LI:C ti'ansfeerez{ their frill oitirnersliip to Mr, Atac3rew Iieiiton Hobo was the tlili•d member of the Iiinited (lability cciiii{iauy= cud Couiici]'accepteZl the transfer; ~ist€ utILEREAi~, both the hangar 3ease and fizcl farm Tease retluire the `I"okvii's a9>prova] for ari}F cha€3ge H~ Ilre ~uajot~ii}= o~~~iiershfp oflhe leaser, lt"LF AS~iation, LL;C, aiitf WII~REAS, R7I' Avilit~u is iii negotiations with a private invcstar, I.eesbtng Hanger, LI~C, a Virginialinilted liability eorrapaily; whoseeks to asstiine RLF'i; enliis'interestirr the Hangar aiicl tiael farms aiid th%IIIRI;AS; both the hangaa lease a3id tl3e fuel farm lease require tl7e Town's a~ipeov~il C}ef~re an}~ ronveya7ice is,natle by the Teaser, It1I Aviation LLt'. _~~ t1 RESC7LU`1 It}I~; AUTIIC}Rl"f.IN( r1N ASSI~iV~~1EtiI1' O1~' Ut~'NEI2SIIIP OF R1.F' r1VIATlf}:~], LL(>, IN'I'I;i2S'I'S iN El FItINGEIZ I,I'ASF, t1lti'I~ t?, ELTLLFARNS LEASE I3E"IWEF.,N THE T(7~~'~I (}I~ LEESI3URG ~i~ID I2ZI' Ai/Ir~'I'Ifl1ti; L,I,G. TI IEREFORE, I2I;SC)LVED, by the Coutzcil of the Town of Leesburg, Va•ginia that ilie 'I'ai~m Catctzcil, itz accordance with both the Flangat• and Fuel Farm Lases, l~eiet?y; L. A}Fra~~c the assignment of 2 leases,including the hanger aticlilza tirel'karuz, £i~aiii RAF taxation LLC to Leesburg Ilauger•, LI,G; acid 2, '1 hat~Ilenau~zbranees;liabilities,audr~spansibilitiesoftizeafaresaid]easesshallirnire to tlzeherze~t of Leesburg Haugei; LLL`. 3. Thai ilzis assignment hecpnzes c£feGtive an l7e date czf' its passtzge and the executian of the neoe3sury dacnnzents aiid lzracedzares. I'ASSFC} this 8`h day a#' f~eceniber, ~©09: ~~~ r ~~ ~ ~~`= 4 r,s i~G ~ ~ '~,~,"ri i.. ~ ~ ao ~ ~ -- -- - Ktrst ~ LnzMayoa I'a~t~rz of Lccsbut'g ItTTBST: Clerk of {~puttcil - I'.ARe9olutavistiResehations40E~9\3408 a~rpon Lease Res~tuffon does 12i8tu6Q7