HomeMy WebLinkAboutR-10-17and,
Attest:
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 -17
A 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 COOPER TRADING
CORPORATION; PROVIDING FOR CONFLICTS, PROVIDING FOR EFFECTIVE DATE.
WHEREAS, the City of Sebastian owns certain real property at the Sebastian Municipal Airport;
WHEREAS Sebastian Aero Services is a bona fide leaseholder at the Sebastian Municipal
Airport; and,
WHEREAS, Sebastian Aero Services and Cooper Trading Corporation have signed a "Letter of
Intent" for the sale of assets from Sebastian Aero Services to Cooper Trading Corporation.
NOW THEREFORE, be it resolved by the City 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 Cooper Trading Corporation.
SECTION 2. TIME. The City Manager is authorized to grant one hundred and twenty (120) days for
consummation of the lease assignment from Sebastian Aero Services and Cooper Trading Corporation.
SECTION 3. CONFLICTS. All resolutions or parts of resolutions in conflict herewith are herby repealed.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 Gillmor The motion
was seconded by Council Member Hill and, upon being put to a vote, the vote was as
follows:
aye
aye
nay
aye
nay
The Mayor thereupon declared this Resolution duly passed and adopted this 9 day of June 2010.
CITY OF SEBASTIAN, FLORIDA
ichard H. Gillmor, Mayor
Approved as to form and legality for
Reliance by the City of Sebastian only:
Sally A. Maio, MC City Clerk Robert A. Ginsburg, City Attorney