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Item C02 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY MEETING DATE: 1/16/02 1/17/02 DIVISION: COUNTY ADMINISTRATOR BULK ITEM: YES DEPARTMENT: AIRPORTS AGENDA ITEM WORDING: Approval of Agreement for Sale and Assignment, from 113, Inc., to East Coast Hangars. ITEM BACKGROUND: Parties have requested Commission approval of the Agreement for Sale and Assignment. East Coast Hangars has purchased this hangar from 113 Inc. The hangar is on a leased parcel at the Airport. PREVIOUS RELEVANT BOCC ACTION: Approval of sale and assignment from Robert T. Feldman to 133 Inc., 1/19/00. CONTRACT/AGREEMENT CHANGES: New agreement STAFF RECOMMENDATION: Approval TOTAL COST: None BUDGETED: COST TO AIRPORT: None COST TO PASSENGER FACILITY CHARGE: None COST TO COUNTY: None REVENUE PRODUCING: Yes AMOUNT PER YEAR: $714.18 APPROVED BY: County Attorney X OMB/Purchasing X Risk Management X KEY WEST AIRPORT DIRECTOR APPROVAL ~ Peter J. Horton DOCUMENTATION: Included X To Follow Not Required AGENDAITEM#---t /-~ -J _ DISPOSITION: /bev APB AGREEMENT FOR SALE AND ASSIGNMENT \ . COMES NOW, 113, Inc., a Florida corporation (hereinafter referred to as "Assignor") and East Coast Hangars, LLC, a Florida limited liability company (hereinafter referred to as "Assignee") and agree as follows: 1. Assignor is the owner of a hangar located at the Key West International Airport, which is located on land being leased from Monroe County, Florida. 2, Assignor and Assignee are sister or affiliated companies with common ownership, 3. Assignor hereby assigns all its right, title and interest in said hangar and lease to Assignee for the consideration ofTEN DOLLARS AND 00/100 ($10.00) DOLLARS, the receipt of which is hereby acknowledged. 4. The parties hereby agree that all necessary steps be taken with Monroe County for approval of this sale and assignment and by exec~on of this agreement the parties hereby agree to this sale and assignment dated this lr-tJay of December, 2001. Assignor: 113, INC., A FLORIDA CORPORATION Assignee: EAST COAST HANGARS, LLC, A FLORIDA LIMITED LIABILITY COMPANY By: 40,/,{ Cl-{jXJL!.Ct4:.! David G. Budd, Assistant Operating Manager .li By: ;ft2{j( ti{/X3t.LCZ:zL David G. Budd, Vice President (SEAL) ATTEST: , CLERK BOARD OF COUNTY COMMISSIONERS, OF MONROE COUNTY, FLORIDA By: Deputy Clerk By: Mayor/Chairper~on Date: