Resolution 12-035 New Five Year Lease at Homer Airport Terminal for Hertz/Pioneer Car Rentals

CITY OF HOMER
HOMER, ALASKA

City Manager

RESOLUTION 12-035

A RESOLUTION OF THE CITY COUNCIL OF HOMER, ALASKA, APPROVING A NEW FIVE YEAR LEASE AT THE HOMER AIRPORT TERMINAL FOR HERTZ / PIONEER CAR RENTALS INC. AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE APPROPRIATE DOCUMENTS.

WHEREAS, The airport terminal lease for Hertz/Pioneer Car Rentals Inc. expired on December 31, 2011 and the company has been operating there on a month to month basis since that time; and

WHEREAS, The City of Homer recently solicited proposals for concessions at the airport including car rental businesses; and

WHEREAS, Hertz / Pioneer submitted a lease proposal which the administration found to be complete and fully responsive to the RFP; and

WHEREAS, Hertz / Pioneer has been an excellent, long term tenant at the airport terminal, has made substantial investments in its business over the years, and generates jobs, spinoff economic activity, lease revenue, and sales tax revenues; and

WHEREAS, The Administration recommends a new five year lease.

NOW, THEREFORE, BE IT RESOLVED that the Homer City Council hereby approves a new five year lease at the Airport Terminal for Hertz / Pioneer Car Rentals Inc. and authorizes the City Manager to execute the appropriate documents.

PASSED AND ADOPTED by the Homer City Council this 23rd day of April, 2012.

CITY OF HOMER

_____________________________
JAMES C. HORNADAY, MAYOR

ATTEST:

______________________________
JO JOHNSON, CMC, CITY CLERK

Fiscal Note: Average lease revenues per year $26,800.