RECOMMENDATION(S):
APPROVE and AUTHORIZE the Director of Airports, or his designee, to execute, on behalf of the County, a lease amendment that modifies the rent, percentage rent, and additional payment provisions of a 1995 lease between the County, as lessor, and Byron Aviation Services, Limited, as tenant, for property located at the Byron Airport.
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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