RECOMMENDATION(S):
AUTHORIZE the Director of Airports, or designee, to negotiate a ground lease and development terms between the County, as Landlord, and Montecito Aviation Group, as the developer, for approximately seven acres of land on the southwest side of the Buchanan Field Airport.
FISCAL IMPACT:
There is no negative impact on the General Fund. The Airport Enterprise Fund could realize lease and other revenues. The County General Fund could realize sales tax and other revenues if a lease is successfully negotiated.
BACKGROUND:
The development site is approximately seven acres of land owned by the County that is located on the southwest side of Buchanan Field Airport, south of Sally Ride Drive. The parcel is proximate to the Buchanan Field runways and adjacent to other aviation uses. The parcel is designated for aviation use, consistent with the needs assessment of the Buchanan Field Master Plan. The parcel is under the jurisdiction of the Buchanan Field Airport and entirely within the unincorporated County.
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