RECOMMENDATION(S):
APPROVE and AUTHORIZE the Director of Airports, or designee, to execute a consent to assignment between the County and the current tenant, Pacific States Aviation, and the new tenant, to assign the lease of County-owned property located at 51 and 101 John Glenn Drive, Concord to Threshold Technologies, Inc. (100% Airport Enterprise Funds)
FISCAL IMPACT:
There is no negative impact on the General Fund. The Airport Enterprise Fund will continue to receive lease and other revenues provided for in the Lease. The County General Fund will continue to receive property, sales and possessory interest tax revenues from the Lease.
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