RESOLUTION NO. __________________ (N.C.S.)
A RESOLUTION APPROVING AND AUTHORIZATING THE EXECUTION OF LEASE AMMENDMENT NO. 1 FOR R&B HELICOPTERS, INC.
WHEREAS, the Lessor and Lessor first entered into a Salinas Municipal Airport Lease which commenced on July 1, 1990 (the “Lease”) which Lease was approved by the Salinas City Council on June 30, 2009 (Resolution No. 19794 (N.C.S.); and WHEREAS, pursuant to Section 2 of the Lease, Lessee exercised its option to extend the term of the Lease for a five-year period. As a result, the Lease will expire on June 30, 2024; and WHEREAS, Lessor and Lessee agree to amend the lease as set forth as follows:
The term of the Lease is hereby extended for an additional one-year period commencing on July 1, 2024 (“Commencement Date”) and ending on June 30, 2025 (“Expiration Date”). Lessor hereby grants to Lessee an opportunity to further extend the term of the Lease after the Expiration Date on a month-to-month basis (“Extended Term”) at a rental rate to be determined by Lessor. Lessor additionally reserves the right to review and change and modify the terms and conditions of the Lease before any extension of the Expiration Date of this Amendment becomes effective. Said option shall be exercised by the Lessee by delivering to Lessee written notice of its intent to exercise such option which shall be delivered not less than ninety (90) days before the Expiration Date of this Amendment.
Notwithstanding Lessor’s right to terminate this Amendment as provided in the Lease, during the Extended Term Lessor may terminate the amended Lease by providing written notice to the Lessee at least sixty (60) days prior to the termination date.
All other terms and conditions of the Lease not amended in this Amendment shall remain in full force and effect and are incorporated herein by this reference.
NOW, THEREFORE, BE IT RESOLVED that City Council approves Amendment No. 1 to the Lease Agreement between the City and R&B Helicopters, Inc., and authorizes the Mayor to enter into Amendment No. 1 on behalf of the City.
PASSED AND APPROVED this 18th day of June 2024 by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
APPROVED:
___________________________
Kimbley Craig, Mayor
ATTEST:
_____________________________
Patricia M. Barajas, City Clerk
- 1 -