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File #: 14088   
Type: Agenda Item Status: Adopted
File created: 5/23/2024 In control: Board of County Commissioners
On agenda: 9/10/2024 Final action: 9/10/2024
Enactment date: Enactment #:
Title: Consent to Assignment of Ground Lease for Change of Ownership From The Quentin Holding Company, LLC, to Mavfin Brooksville LLC, for Improvements Located at 3285 Northeast Parkway at Brooksville-Tampa Bay Regional Airport
Attachments: 1. Amended and Restated Ground Lease Agreement 06.27.2017, 2. Assignment and Assumption of Ground Lease From Quentin Holding Company, LLC to Mavfin Brooksville, LLC, 3. Approved Consent to Assignment of Ground Lease From The Quentin Holding Company, LLC, to Mavfin Brooksville LLC, for Improvements Located at 3285 Northeast Parkway

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Consent to Assignment of Ground Lease for Change of Ownership From The Quentin Holding Company, LLC, to Mavfin Brooksville LLC, for Improvements Located at 3285 Northeast Parkway at Brooksville-Tampa Bay Regional Airport

 

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BRIEF OVERVIEW

Quentin Holding Company, LLC is a tenant in good standing and wishes to sell their improvements located at 3285 Northeast Parkway to Mavfin Brooksville LLC.  Mavfin Brooksville LLC has requested Board consent to the assignment in order for it to assume the ground lease.

 

FINANCIAL IMPACT

The Airport’s revenue will not be impacted.

 

LEGAL NOTE

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 Consent to Assignment of Ground Lease for Change of Ownership from The Quentin Holding Company, LLC to Mavfin Brooksville LLC.