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HomeMy WebLinkAbout2010 Lease Sebastian Aero Svcs.ATTEST: n Sally A. CityCI -rk DONE this 15` day of July, 2010. Approved as to Form and Legality for Reliance by the City of Sebastian only: aio MMC Robert A. Ginsburg City Attorney SEBASTIAN HOME OF PELICAN ISLAND CONSENT TO ASSIGNMENT OF AIRPORT LEASE BETWEEN CITY AND "SEBASTIAN AERO SERVICES" DATED 28 APRIL 2000 THE CITY OF SEBASTIAN hereby consents to the assignment of that certain LEASE, made and entered into on 28 April 2000 with "Sebastian Aero Services," to Successor Tenant, "Cooper Trading Corp., Inc. and hereby releases "Sebastian Aero Services" from further obligations under said lease. CITY OF SEBASTIAN A Municipal Corporation ner y Manager and, 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 SALEJTRANSFER 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 All resolutions or parts of resolutions in conflict herewith are herby repealed.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 Gil 'mar The motion was seconded by Council Member Hi 11 and upon being put to a vote, the vote was as follows: Mayor Richard H. Gillmor Vice Mayor Jim Hill Council Member Andrea B. Coy Council Member Donald Wright Council Member Eugene Wolff 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 chard H. Gillmor, Mayor Attest: Approved as to form and legality for Reliance by the City of Sebastian only: II A. Sally C City Clerk Robert A. Ginsburg, City Attorney