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C. 9
To: Board of Supervisors
From: Director of Airports
Date: April  12, 2022
The Seal of Contra Costa County, CA
Contra
Costa
County
Subject: APPROVAL of Consent to Assignment of Lease between the County, Skyview Aviation, LLC and Riya Enterprises, LLC

APPROVE OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE

Action of Board On:   04/12/2022
APPROVED AS RECOMMENDED OTHER
Clerks Notes:

VOTE OF SUPERVISORS

AYE:
John Gioia, District I Supervisor
Candace Andersen, District II Supervisor
Diane Burgis, District III Supervisor
Karen Mitchoff, District IV Supervisor
Federal D. Glover, District V Supervisor
Contact: Beth Lee, 925-681-4200
I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown.
ATTESTED:     April  12, 2022
Monica Nino, County Administrator
 
BY: , Deputy

 

RECOMMENDATION(S):

APPROVE and AUTHORIZE the Director of Airports, or his designee, to execute on behalf of the County, a consent to assignment of lease between the County and the current owner of Skyview Aviation, LLC and the new owner Riya Enterprises, LLC to assign his lease of County-owned property located at 505 Eagle Court, Byron.

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.

BACKGROUND:

Under a ground lease dated August 1, 2019, the County leased the subject property to Skyview Aviation, LLC for the purpose of an aviation business at Byron Airport. The owner of Skyview Aviation, LLC now desires to sell the 100% membership interest of the business and assign all of his interest in the lease to Riya Enterprise, LLC. An assignment of the lease requires the prior written consent of the County. Staff recommends consenting to the assignment.




CONSEQUENCE OF NEGATIVE ACTION:

The County will not consent to the lease assignment and, as such, Skyview Aviation will not be sold, and the owner will not be able to assign its interest in the lease.

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