February 7, 2017

Okaloosa County BOCC — February 7, 2017 — Wade and Rae Amendment Three to Hangar Lease — agenda request

Wade and Rae Amendment Three to Hangar Lease — agenda request in the February 7, 2017 Okaloosa County BOCC meeting materials. Preserved county-portal original with machine-extracted reading text.

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Preserved among the February 7, 2017 Okaloosa County Board of County Commissioners meeting materials (IQM2 meeting 1377). The date shown is the verified meeting context, not an independently established creation date for every attachment. The download catalog used December 20, 2016; the meeting date was corrected using the agenda/minutes heading and matching source filename.

Original publication: Action Item Printout
Date: February 7, 2017
Publisher: Okaloosa County Board of County Commissioners
Where to find it: 1
Reference collection: Okaloosa County Board of County Commissioners (IQM2 public portal)

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Wade and Rae Amendment Three to Hangar Lease — agenda request — extracted reading text

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Wade and Rae Amendment Three to Hangar Lease — agenda request — extracted reading text

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BOARD OF COUNTY COMMISSIONERS AGENDA REQUEST DATE: February 7, 2017 TO: Honorable Chairman and Members of the Board FROM: Tracy Stage SUBJECT: Wade and Rae Amendment Three to Hangar Lease DEPARTMENT: Airport BCC DISTRICT: 5 STATEMENT OF ISSUE: The Airports Department requests approval by the Board of County Commissioners of Wade and Rae, LLC Amendment Three for Block 8 Lot 1 at the Destin Executive Airport (L07-0296-AP). BACKGROUND: On June 25, 2016, Wade and Rae, LLC entered into an Assignment of Lease for hangar space at the Destin Executive Airport. On November 15, 2016 the Board approved a Tiered Buy Down Option Program which enables lessees to "Opt In" at the current Board approved lease rate of $1.50 by paying a fee based on the lessees remaining lease term. The Board additionally approved, at the same meeting, new language for the storage of items in the lessee hangar. Wade and Rae, LLC desires to "Opt In" the new hangar lease rate and the Airport has received his fee. Wade and Rae, LLC certificate of insurance and Opt In Form are attached along with the contract and lease internal coordination sheet. OPTIONS: Approve, Reject or Table. RECOMMENDATIONS: It is Staff's recommendation that the Board approve Wade and Rae, LLC Hangar Lease Amendment Three as described above. RECOMMENDED BY: APPROVED BY: John Hofstad, County Administrator

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Okaloosa County Board of County Commissioners. “Okaloosa County BOCC — February 7, 2017 — Wade and Rae Amendment Three to Hangar Lease — agenda request.” February 7, 2017. Action Item Printout. Crypt of Echoes evidence ID LED-2026-e99b3399da874df4a69e6c8479ffd4b6. http://127.0.0.1:58097/evidence/LED-2026-e99b3399da874df4a69e6c8479ffd4b6. Accessed [date].

Catalogue citation: Okaloosa County Board of County Commissioners, Wade and Rae Amendment Three to Hangar Lease — agenda request, meeting materials for February 7, 2017. https://okaloosacountyfl.iqm2.com/Citizens/FileOpen.aspx?Type=30&ID=23506&MeetingID=1377

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