INTER-OFFICE MEMORANDUM 05/05/2022
TO: Isaac Benton, President, City Council
FROM: Timothy M. Keller, Mayor
SUBJECT: title
First Amendment to Atlantic Aviation Fixed Base Operator Lease and Operating Agreement
body
I transmit herewith for City Council approval a proposed First Amendment to the Fixed Base Operator Lease and Operating Agreement (“Amendment”) between the City of Albuquerque and Atlantic Aviation Albuquerque, Inc. (“Atlantic Aviation”).
This Amendment will allow Atlantic Aviation to: (1) expand its leasehold by 34,500 square feet in consideration for additional rent, (2) construct a large hangar facility at its sole expense, and (3) insert language required by the Federal Aviation Administration.
City Council approval of the Amendment is required pursuant to Section 5-2-6 ROA 1994, Leasing of Real Property.
Approved: Approved as to Legal Form:
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Lawrence Rael Date Esteban A. Aguilar, Jr. Date
Acting Chief Administrative Officer City Attorney
Recommended:
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Richard G. McCurley Date
Director of Aviation