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T-Hangar Lease Agreement With Joshua Svenningsen for Dome Hangar No. 3 at Brooksville-Tampa Bay Regional Airport
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BRIEF OVERVIEW
Airport staff is respectfully requesting approval of the lease for Dome Hangar No. 3 to Mr. Joshua Svenningsen. The term of the lease agreement is twelve (12) months and will automatically renew under the same terms and conditions.
FINANCIAL IMPACT
The payment section states:
Tenant shall pay to Landlord as rent for the Premises, monthly payments in the amount of three hundred thirty-three and 13/100 ($333.13), which includes the base rent, taxes, special assessments, and fire protection fees (“rent” or “rental rate”), due in advance, without demand, on the first day of each month of the term hereof.
Airport will receive a minimum revenue of $3,997.56 (333.13 * 12 = 3,997.56) annually in:
Fund: 4311 - Airport/Industrial Park, Account: 3620024 - Lease-Airport Hangars.
LEGAL NOTE
The Lease template was reviewed and approved for form and sufficiency by the County Attorney’s Office. The Board is authorized to act on this matter pursuant to Chapter 125, Florida Statutes.
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RECOMMENDATION
It is recommended that the Board approve and authorize the Chairman’s signature on the attached dome hangar agreement with Joshua Svenningsen for the use of Dome Hangar No. 3.