HomeMy WebLinkAboutR-10-02A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, AUTHORIZING THE
CITY MANAGER TO REPRESENT THE CITY OF SEBASTIAN IN THE SALE/TRANSFER OF LEASEHOLD
ASSETS BETWEEN SEBASTIAN AERO SERVICES AND TREASURE COAST AVIATION; PROVIDING
FOR CONFLICT; PROVIDING FOR EFFECTIVE DATE.
WHEREAS, the City of Sebastian owns certain real property at the Sebastian Municipal Airport; and
WHEREAS, Sebastian Aero Services is a bona fide leaseholder at the Sebastian Municipal Airport; and
WHEREAS, Sebastian Aero Services and Treasure Coast Aviation have signed a "Letter of Intent" for
the sale of assets from Sebastian Aero Services to Treasure Coast Aviation,
NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF SEBASTIAN, as
follows:
SECTION 1. Authorization. The City Manager is hereby authorized to monitor the sale and asset
transfer of the leasehold from Sebastian Aero Services to Treasure Coast Aviation.
SECTION 2. Time. The City Manager is authorized to grant 120 days for consummation of the lease
assignment from Sebastian Aero Services and Treasure Coast Aviation.
SECTION 3. Conflicts. All resolutions or parts of resolutions in conflict herewith are hereby repealed.
SECTION 4. Effective Date. This resolution shall take effect immediately upon its adoption.
A motion to adopt the foregoing Resolution was made by Council Member Coy
The motion was seconded by Council Member Wolff and, upon being put into a vote, the vote was
as follows:
The Mayor thereupon declared this Resolution duly passed and adopted this 27th
day of January 2010.
ATTEST:
Sally A. Maio MC City Clerk
Mayor Richard H. Gillmor
Vice Mayor Jim Hill
Council Member Andrea B. Coy
Council Member Donald Wright
Council Member Eugene Wolff
RESOLUTION NO. R -10 -02
aye
absent
aye
aye
aye
CITY OF SEBASTIAN, FLORIDA
Richard H. Gillmor, Mayor
Approved as to form and legality for
reliance by the City of Sebastian only:
Robert A. Ginsburg, City A ort[' rney
January 15, 2010
Mr. Joe Griffin
Airport Director
City of Sebastian
202 Airport Drive East
Sebastian, FL 32958
Dear Mr. Griffm,
This is to advise that Sebastian Aero Services, Inc. intends to transfer 100%
of Sebastian Aero Services, Inc. corporate stock, a Florida Corporation registered in
and operating in the state of Florida, to Treasure Coast Aviation, Inc. also a
registered in and operating in the state of Florida.
Mr. Marc Isott is the CEO of the above mentioned corporation. It is his
intention to continue offering the same goods and services that Sebastian Aero
Services, Inc. now provides while "sprucing up" and raising the standards to that of
a FIRST CLASS FBO.
Mr. Isott anticipates initially creating 5 -6 jobs and more later as the business
grows.
Mr. Isott currently operates two successful FBO's in the state of Florida and
I feel his experience and expertise in the aviation field would be a great asset to the
airport and the community.
Please take whatever steps you deem necessary to facilitate a smooth
transfer.
Sincerely,
R. A. Van Wyck
President
Sebastian Aero Services, Inc.
Se1'cisfictn Aero
&rvicQs
300 WEST AIRPORT DRIVE SEBASTIAN, FLORIDA 32958 (772) 589 -0800 FAX (772) 388 -0800
Treasure Coast Aviation Inc
900 Airport Road
Merritt Island
Florida 32952
Mr. Joe Griffm
Airport Director
City of Sebastian
202 Airport Drive East
Sebastian Fl 32958
January 14th 2010
Dear Joe Griffin
Please allow me to introduce our company to the City of Sebastian.
We are group of 20+ aviation companies worldwide that invest and develop strategic
aviation companies. Our activities include aircraft sales, aircraft charter, aircraft
maintenance and flight training operations.
Our parent company Cabair is based in the UK and started business in 1967.
We currently operate two successful FBO's in Florida. The USA business was opened in
1998, and to date we operate revenues in excess of $7M per year and employ over 65
people in Central Florida
The acquisition and development of SAS inc will include future job creation and
expansion of the Sebastian Airport. We intend to exercise the privileges of the current
leasehold as detailed in the City of Sebastian lease.
Initially, our intention is to clean and tidy the existing leasehold, and to operate similar
airport activity as previous.
If you have any question please advise
Look forward to working with the City of Sebastian
Sincerely
Marc Issott
This letter of intent is entered into this 15 January 2010, between Treasure Coast
Aviation Inc, referred to as TCA, 900 Airport Road Merritt Island Florida 32952
purchaser) and Sebastian Aero Service Inc, referred to as SAS, 300 West Airport Drive
Sebastian Florida 32958 (seller).
Purchaser will buy 100% stock of Sellers corporation, paid in cash at closing. This LOI
shall serve as official notification of intent to transfer SAS Inc stock to TSA Inc
Agreed
Marc Issott
Treasure Coast A
Inc Buyer)
R.A Van WycK
President Sebastian Aero Service Inc (seller)
Letter of Intent
TO: Robert A. Van Wyck
RE: Lease; Sebastian Aero Services, Inc.
DATE: December 10, 2009
This office is in receipt of your MEMO of December 4, 2009. I concur with your
rationale regarding the dissolution of the partnership name on your leasehold at the
Sebastian Municipal Airport. Therefore, as of this date, Sebastian Aero Services,
Inc. will be the "official" name utilized by the City in reference to your leasehold.
Correspondence relating to this matter shall be attached to official City documents
relating to your lease. If I may be of future assistance, please contact this office.
cc: Airport
Finance
Growth Mgt.
Clerk
HOME OF PEUCAN ISLAND
1225 Main Street Sebastian, FL 32958
772 388 -8200 772.581.0149 fax
aminner@cityofsebastiatt.org www.cityofsebastian.org
MEMORANDUM
Setcrsfian hero
services
MEMORANDUM
TO: Al Minner, City Manager
RE: Lease; Sebastian Aero Services, Inc.
DATE: December 4, 2009
I request that the name on my Lease be changed. The Lease, signed 28 April
2000, was between the City of Sebastian and B S Investments d/b /a/ Sebastian
Aero Services, Inc. B &S was a partnership that was extinguished when my
partner passed away. The partnership no longer exists. Sebastian Aero Services,
Inc. is the surviving entity and is properly listed with the Florida Secretary of
State, Division of Corporations.
Thank you for your timely attention to this matter.
Robert A. Van Wyck
President,
Sebastian Aero Services, Inc.
:w.
300 WEST AIRPORT DRIVE SEBASTIAN, FLORIDA 32958 (772) 589 -0800 FAX (772) 388 -0800