Share to Facebook Share to Twitter Bookmark and Share
File #: 22-777   
Status: Agenda Ready
In control: AVIATION DEPARTMENT
On agenda: 5/24/2022 Final action:
Title: A. MOTION TO WAIVE Section 39.3, Non-Terminal Rates and Charges - Fort Lauderdale-Hollywood International Airport and North Perry Airport, Broward County Administrative Code to permit an amortization period of 25 years for the investment in new facilities. ACTION: (T-10:59 AM) Approved. (Refer to minutes for full discussion.) VOTE: 9-0. B. MOTION TO APPROVE Agreement of Lease between Broward County and National Jets Real Estate Holdings, LLC at Broward County's Fort Lauderdale-Hollywood International Airport in substantially the form of Exhibit 1, authorize the Director of Aviation to make nonmaterial changes that do not increase the financial cost to the County and to execute the agreement on behalf of Broward County provided it has been reviewed and approved as to legal sufficiency by the Office of the County Attorney. ACTION: (T-10:59 AM) Approved. (Refer to minutes for full discussion.) VOTE: 9-0.
Attachments: 1. Exhibit 1 - National Jets Lease
Date Action ByActionResultAction DetailsMeeting DetailsVideo
No records to display.
Broward County Commission Regular Meeting
Director's Name: Mark Gale
Department: Aviation Division: Business

Information
Requested Action
title
A. MOTION TO WAIVE Section 39.3, Non-Terminal Rates and Charges - Fort Lauderdale-Hollywood International Airport and North Perry Airport, Broward County Administrative Code to permit an amortization period of 25 years for the investment in new facilities.

ACTION: (T-10:59 AM) Approved. (Refer to minutes for full discussion.)

VOTE: 9-0.

B. MOTION TO APPROVE Agreement of Lease between Broward County and National Jets Real Estate Holdings, LLC at Broward County's Fort Lauderdale-Hollywood International Airport in substantially the form of Exhibit 1, authorize the Director of Aviation to make nonmaterial changes that do not increase the financial cost to the County and to execute the agreement on behalf of Broward County provided it has been reviewed and approved as to legal sufficiency by the Office of the County Attorney.

ACTION: (T-10:59 AM) Approved. (Refer to minutes for full discussion.)

VOTE: 9-0.


body
Why Action is Necessary
Motion A: Waivers to the Broward County Administrative Code ("Administrative Code") must be approved by the Broward County Board of County Commissioners ("Board").

Motion B: Chapter 2, Section 2-40 (a) of the Broward County Code of Ordinances, requires that the Board authorize any commercial activities or occupy any portion of the airport for any purpose unless specifically authorized by Broward County ("County").

What Action Accomplishes
Motion A: This action waives Section 39.3 of the Administrative Code to permit a 25-year amortization period for the minimum capital expenditure requirement of $18,000,000 investment in capital improvements in new facilities rather than a 20-year amortization period.

Motion B: This action approves a lease agreement to allow National Jets Real Estate Holdings, LLC ("National Jets") to occupy County-owned property at Broward County'...

Click here for full text