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Item C06 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY MEETING DATE: 3/20/02 DIVISION: COUNTY ADMINISTRATOR BULK ITEM: YES DEPARTMENT: AIRPORTS AGENDA ITEM WORDING: Approval of lease agreement with Key West Hangar Corporation, for a hangar development project at the Key West International Airport. ITEM BACKGROUND: The hangar development project will be funded 50% by the Florida Department of Transportation, and 50% by Key West Hangar Corporation. PREVIOUS RELEVANT BOCC ACTION. Approval to negotiate with Island City Flying Service and hangar owners to redevelop the existing hangar area, 7/26/00. Approval of a Joint Participation agreement with FOOT to fund 50% of the hangar project, 2/13/02. CONTRACT/AGREEMENT CHANGES: New agreement STAFF RECOMMENDATION: Approval TOTAL COST: N/A BUDGETED: N/A COST TO AIRPORT: None COST TO PFC: None COST TO COUNTY: None REVENUE PRODUCING: Yes AMOUNT PER YEAR: - $75,000.00 APPROVED BY: County Attorney X OMB/Purchasing X Risk Management X KEY WEST AIRPORT DIRECTOR APPROVAL cp ~+I Peter J. Horton ~~ DOCUMENTATION: Included To Follow X Not Required AGENDA ITEM # rr/ DISPOSITION: /bev APB AGENDA ITEM WITH LATE DOCUMENTATION DIVISION: County Administrator DEPARTMENT: Airports SUBJECT: Approval of a lease agreement with Key West Hangar Corporation for a hangar development project at the Key West International Airport DATE ITEM WILL BE AVAILABLE: Tuesday, 3/12/02 AGENDA ITEM NUMBER: Unknown BEV/apb