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HomeMy WebLinkAboutRESOLUTION 1979-127~ ~~ . ~ -~, .~ ~ --- ;,' i I / 1~ ~~ (~ ,~ ;~ !~ .~, ~ . ~~ , , CIT'i OF KENAI 1 ~ . , RESOLUTION NO. 79-127 ,~E ~ , ' 1' BE ZT RESOLVED BY THE COUNCIL OF THE CITY OF RENAI, ALASKA THAT THE CITY ADMINISTRATION BE DIRECTED TO ENTER INTO - A LEASE AT $2,500 PER MONTH WITH PENINSULA ENTERPRISES, INC. TO LEASE LOTS 16, 17, 18 AND 19 LOCATED ON THE RENAI AIRPORT, INCLUDING THE HANGAR AND AD1Y IMPROVE1~iENTS THEREON. Said leat~e shall be for a term of six (6) months beginning October 1, 1979, or until the Federal Aviation Administration (FAA) offers,and the City aacepts, an ADAP qrant to the City for warm storage and the said hangar is deemed by FAA as an eliy~3b~z cost item, whichever occurs first. The lease shall be with an option to buy, at a total sales price of $133,000, which is continqent upon FAA approval of and fundinq for said hanqar. PASSED BY TAE COUNCZL OF THE CITY OF KENAI, ALASRA this 14th day of September, 1979. VINCENT O REILLY, MAYOR ATTEST: Sue C. Peter, C ty Clerk Approved by Finance: CG~~ ~ i I 1 .~ ~ . ~ c ~ u