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File #: 12007   
Type: Agenda Item Status: Adopted
File created: 3/14/2023 In control: Board of County Commissioners
On agenda: 3/28/2023 Final action: 3/28/2023
Enactment date: Enactment #:
Title: Amendment to Ground Lease Agreement With Wolfswood Holdings, LLC, for Improvements Located at 15471 Technology Drive at Brooksville-Tampa Bay Regional Airport
Attachments: 1. Approved Aviation Ground Lease Agreement With Wolfswood Holdings, LLC(MT18803), 2. Amendment to Ground Lease Agreement, 3. Approved Amendment to Ground Lease Agreement With Wolfswood Holdings, LLC, for Improvements Located at 15471 Technology Drive at Brooksville-Tampa Bay Regional Airport

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Amendment to Ground Lease Agreement With Wolfswood Holdings, LLC, for Improvements Located at 15471 Technology Drive at Brooksville-Tampa Bay Regional Airport

 

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BRIEF OVERVIEW

On November 16, 2021, the Board approved a long-term land lease with Wolfswood Holdings, LLC for the new Pem-Air facility at the Brooksville-Tampa Bay Regional Airport.  The following amendments to their lease have been requested:

 

                     Update name to reflect Wolfswood Holdings, LLC a Florida Limited Liability Company

                     Update legal description of the property and survey since completion of Telcom & Technology Drive extension

                     Update Non-Exclusive Perpetual easement language based upon the updated survey

 

FINANCIAL IMPACT

The Airport’s revenue will not be impacted.

 

LEGAL NOTE

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 amendment to the Aviation Ground Lease Agreement between Hernando County and Wolfswood Holdings, LLC.