Subject: FIRST AMENDMENT TO LEASE OF AIRPORT
PREMISES WITH UNITED AIRLINES
COUNCIL DISTRICT: City -Wide
Approval of a first amendment to lease of airport premises with United Airlines Inc. for Terminal C office space, to extend the term for the period August 1, 2001, through November 30, 2007, with projected annual revenue to the City in the amount of $10,000/FY00-01. CEQA: Resolution No. 67380.
BACKGROUND
On August 1, 1998,
the Director of Aviation entered into a lease with United Airlines, Inc. for
the rental of office space in Terminal C baggage claim, used for operations
support services. The term of the
current lease agreement expires on July 31, 2001. United Airlines pays $62 per square foot for 124 square feet of
office space, which is adjusted annually in accordance to Airport Rates &
Charges Resolution, established by City Council Resolution No.59988.
ANALYSIS
The Director of Aviation executed the Lease of Airport Premises with United Airlines Inc. Municipal Code 25.08 requires Council approval for the renewal of existing lease agreements for a term of more than three (3) years.
Not applicable.
This item has been coordinated with Risk Management and the City Attorney’s Office.
Resolution #67380.
RALPH G. TONSETH
Director of Aviation
Airport Department