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T-Hangar Lease Agreement With JK Aircraft Options for Hangar No. 46 at Brooksville-Tampa Bay Regional Airport
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BRIEF OVERVIEW
Airport staff respectfully requests the approval of the lease agreement for T-Hangar 46 with JK Aircraft Options. Monthly rent payments consist of Base Rent in the amount of $750.00, Fire Assessment in the amount of $31.38 and Sales Tax in the amount of $37.50 for a total payment of $818.88. The term of the lease agreement is twelve (12) months beginning February 1, 2024, and will automatically renew under the same terms and conditions.
FINANCIAL IMPACT
The Airport will receive a minimum revenue of $9,000.00 annually in Account 4311-07411-3620024 - 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 Chairperson’s signature on the attached T-Hangar agreement with JK Aircraft Options for the use of T-Hangar 46.