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HomeMy Public PortalAbout2015_08_11_R091 ProJet FBO Lease Extension The Town of Leesburg, Virginia PRESENTED August 11, 2015 RESOLUTION NO. 2015-091 ADOPTED August 11, 2015 A RESOLUTION: AUTHORIZING THE TOWN MANAGER TO EXECUTE A 10-YEAR LEASE EXTENSION BETWEEN THE TOWN OF LEESBURG AND PROJET AVIATION,LLC,FOR FIXED BASED OPERATOR ACTIVITIES AT THE LEESBURG EXECUTIVE AIRPORT WHEREAS, on or about January 18, 1996, the Town of Leesburg ("Town") entered into a Lease Agreement with American Beechcraft Company to lease a portion of the Town's property at the Leesburg Executive Airport("Airport") for the purpose of conducting fixed base operator activities and to provide services to customers of the Airport; and WHEREAS, this Lease Agreement became effective on February 1, 1996; and WHEREAS, American Beechcraft Company assigned this Lease Agreement, with the permission of the Town,to Landmark Aviation(formerly known as Piedmont/Hawthorne Holdings and Piedmont Hawthorne Aviation), on or about June 23, 1998; and WHEREAS, Landmark Aviation assigned this Lease Agreement,with the permission of the Town,to ProJet Aviation, LLC ("ProJet") on or about September 25, 2012; and WHEREAS, the term of the Lease Agreement ends on January 31, 2016, unless a 10-year extension is granted by the Town; and WHEREAS,Town staff and ProJet,through legal counsel,have negotiated the terms of the 10- year Lease Extension Agreement and have agreed to the terms thereof; and WHEREAS,the Lease Extension Agreement has been referred to the Airport Commission for review pursuant to the Leesburg Airport Rules,Regulations and Minimum Standards and the Airport Commission endorses the Lease Extension Agreement to the Town Council; and 1 - 2 - A RESOLUTION: AUTHORIZING THE TOWN MANAGER TO EXECUTE A 10-YEAR LEASE EXTENSION BETWEEN THE TOWN OF LEESBURG AND PROJET AVIATION,LLC,FOR FIXED BASED OPERATOR ACTIVITIES AT THE LEESBURG EXECUTIVE AIRPORT THEREFORE, RESOLVED, by the Council of the Town of Leesburg in Virginia that the Lease Extension Agreement is approved and the Town Manager is authorized to execute the 10-year Lease Extension Agreement with ProJet Aviation, LLC, in a form approved by the Town Attorney. PASSED this 11th day of August, 2015. eit C. mstattd, Mayor Town of Leesburg A tit" Clerk of Co ci P:\Resolutions\2015\0811 Extension of ProJet FBO Agreement at Leesburg Executive Airport.doc