AGENDA CAPTION:
Title
Consider approval of Resolution 2018-106R, approving an Amended and Restated Airport Facility Lease Agreement for Commercial Fixed Base Operator (FBO) Use with Berry Aviation, Inc. for the FBO terminal facility and associated fueling facilities at the San Marcos Regional Airport; authorizing the City Manager to execute the Agreement; and declaring an effective date.
Body
Meeting date: June 19, 2018
Department: Airport-Texas Aviation Partners
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Background Information:
In May 2017, City Council approved a 40-year ground lease for the construction of a maintenance facility for Berry Aviation Inc. ("Berry"). Berry has requested that their existing leases be amended to extend the terms to match the May 2017 ground lease. The proposed new deal clarifies and cleans up areas of confusion with two amended, new leases that improve our mutual business arrangement at the airport. This lease includes the City-owned terminal facility, the City-owned above ground storage tanks (2), and the Berry-owned self-service fueling facility.
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