AGENDA CAPTION:
Title
Consider approval of Resolution 2018-206R, approving amendment number one to the Commercial Ground Lease of Airport Property located at 1837 Airport Drive with Coast Flight Training and Management, Inc. to extend the term of the lease for one additional year through December 19, 2019; authorizing the City Manager to execute the amendment; and declaring an effective date.
Body
Meeting date: November 7, 2018
Department: Airport
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Fiscal Note:
Prior Council Action: December 20, 2016-City Council approved the original two-year ground lease
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Background Information:
On December 20, 2016, City Council approved a two-year ground lease for Coast Flight Training & Management to install a temporary modular facility. The modular facility has been utilized for classroom instruction and office space.
Coast has been working closely with airport management and the Greater San Marcos Partnership to determine an appropriate long-term, permanent solution. Coast has continued to grow and has contributed significantly to airport operations, based aircraft counts, and fue...
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