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BOARD OF COUNTY COMMISSIONERS
AGENDA REQUEST
DATE: August 6, 2013
TO: Honorable Chairman and Members of the Board
FROM: Sunil Harman
SUBJECT: Assignment of Lease Hangar Rankin to Emerald Coast Aero
DEPARTMENT: Airport
BCC DISTRICT: All
STATEMENT OF ISSUE: A proposed Assignment of Lease for hangar space from Mr. Mark
M. Rankin to Emerald Coast Aero, LLC, Mr. Michael Nenni, for Block 8 Lot 11 at the Destin/Ft.
Walton Beach Airport is being presented to the Board of County Commissioners for approval.
BACKGROUND: Mr. Mark M. Rankin previously entered into a ground lease for hangar space
Block 8 Lot 11 at the Destin/Ft. Walton Beach Airport and now assigns his responsibilities to
Emerald Coast Aero, LLC, Mr. Michael Nenni. Mr. Rankin is in good standing, all ground lease
fees have been paid. Assignment of Lease transfer fee was received. The contract and lease
internal coordination sheet is attached along with Mr. Nenni's certificate of insurance.
OPTIONS: Approve, Reject or Table.
RECOMMENDATIONS: It is Staff's recommendation that the Board approve the Assignment
of Lease as described above.
RECOMMENDED BY:
APPROVED BY:
Ernie Padgett, County Administrator