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Agenda 10/08/2013 Item #14A1 10/8/2013 14.A.1 . EXECUTIVE SUMMARY Recommendation to direct the County Manager to thoroughly review all contracts with leases at the Collier County Airport facilities including Immokalee Regional Airport, Marco Island Airport and Everglades Airport to ensure lease terms are being met by both the Airport Authority and tenants. OBJECTIVE: For the County Manager to review lease contracts with the Airport Authority and to review terms of leases to ensure both the Authority and tenants are meeting the requirements of the leases. CONSIDERATIONS: Temporary reductions were made for some tenants due to economic impact and those short term rates may have been extended beyond the original terms while other tenants may be close to lease renewal and the new rental market rates should be utilized during term negotiations. FISCAL IMPACT: There is no fiscal impact associated with this executive summary. LEGAL CONSIDERATIONS: This item is legally sufficient, and requires a majority vote for Board action. -JW RECOMMENDATION: That the Board of County Commissioners direct the County Manager to thoroughly review all contracts with leases at the Collier County Airport facilities including Immokalee Regional Airport, Marco Island Airport and Everglades Airport to ensure lease terms are being met by both the Airport Authority and tenants. PREPARED BY: Commissioner Tom Henning Packet Page -911- 10/8/2013 14.A.1 . COLLIER COUNTY Board of County Commissioners Item Number: 14.14.A.14.A.1. Item Summary: Recommendation to direct the County Manager to thoroughly review all contracts with leases at the Collier County Airport facilities including Immokalee Regional Airport, Marco Island Airport and Everglades Airport to ensure lease terms are being met by both the Airport Authority and tenants. (Commissioner Henning) Meeting Date: 10/8/2013 Prepared By Name: SmithCamden Title: Executive Aide to the BCC 10/2/2013 11:22:35 AM Submitted by Title: Executive Aide to the BCC Name: SmithCamden 10/2/2013 11:22:36 AM Approved By Name: KlatzkowJeff Title: County Attorney Date: 10/2/2013 4:38:40 PM Name: IsacksonMark Title:Director-Corp Financial and Mgmt Svs,CMO Date: 10/2/2013 4:44:17 PM Name: OchsLeo Title: County Manager Date: 10/2/2013 5:13:03 PM Packet Page-912-