INTER-OFFICE MEMORANDUM March 30, 2021
TO: Cynthia D. Borrego, President, City Council
FROM: Timothy M. Keller, Mayor
SUBJECT: title
Building Lease and Agreement between the City of Albuquerque and 10 Tanker Air Carrier
body
Attached for Council action is a copy of a Building Lease and Agreement between the City of Albuquerque and 10 Tanker Air Carrier.
Purpose: The Lease and Agreement will allow 10 Tanker Air Carrier to lease a seventeen thousand (17,000) square foot building located at 3721 Spirit Drive SE from the Aviation Division for the purpose of storing aircraft parts, as well as various supplies for use in support of tenant’s forest firefighting operations.
Term: The Lease and Operating Agreement has a ten (10) year term.
Revenue Amount: $101,320 per year.
The attached transmittal of the Lease is submitted for consideration and action by the City Council.
Approved: Approved as to Legal Form:
____________________________ ____________________________
Sarita Nair Date Esteban A. Aguilar, Jr. Date
Chief Administrative Officer City Attorney
Recommended:
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Nyika A. Allen, C.M. Date
Director of Aviation