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T-Hangar Lease Agreement With Mustang Technology for Hangar No. 26 at Brooksville-Tampa Bay Regional Airport
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BRIEF OVERVIEW
Airport staff is respectfully requesting approval of the lease for T-Hangar 26 to Mustang Technology. The term of the lease agreement is twelve (12) months and will automatically renew under the same terms and conditions.
FINANCIAL IMPACT
The Airport will receive a minimum revenue of $3,900.00 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 Chairman’s signature on the attached t-hangar lease agreement with Mustang Technology for the use of T-Hangar 26.