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CCAA Resolution 2006-044• RESOLUTION NO. 06-44 RESOLUTION OF THE COLLIER COUNTY AIRPORT AUTHORITY RECOMMENDING THAT THE COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS APPROVE AND AUTHORIZE ITS CHAIRMAN TO EXECUTE A THIRTY -FIVE (35) YEAR SUB -LEASE AGREEMENT BETWEEN THE COLLIER COUNTY AIRPORT AUTHORITY AND SALAZAR MACHINE & STEEL, INC. AT AN INITIAL RENT OF TWO THOUSAND ($2,000) PER YEAR FOR THE CONSTRUCTION OF A MINIMUM 20,000 SQUARE -FOOT MANUFACTURING/WAREHOUSE FACILITY ON ONE AND ONE -HALF (1.5) ACRES AT THE IMMOKALEE REGIONAL AIRPORT/TRADEPORT. WHEREAS, the Collier County Airport Authority ( "Authority "), pursuant to County Ordinance 2004 -03, as amended, manages, operates and maintains the Immokalee Regional Airport/Tradeport ( "Airport"); and WHEREAS, Florida law requires the Authority solicit bids for non - aviation related commercial development at the Airport; and WHEREAS, the Authority, according to County Purchasing Policy, solicited Requests for Proposal (RFP) for "Commercial Development and Use at the Immokalee Regional Airport Pursuant to Airport Land Lease Agreement(s);" and WHEREAS, Salazar Machine & Steel, Inc. ( "Salazar") submitted a proposal to construct a minimum 20,000 square -foot manufacturing/warehouse facility on one and one -half (1.5) acres at the Airport, which proposal has been selected for negotiation of proposed development and terms; and WHEREAS, the Authority and Salazar negotiated a thirty -five (35) year sub -lease term at the initial rent of ten cents ($0.10) per square foot per year for the footprint of the building (20,000 square feet), which equates to Two Thousand ($2,000) for the initial year, and all additional provisions of the Sub -Lease Agreement; and WHEREAS, the Authority & Salazar Machine & Steel, Inc. desire that the Board of County Commissioners approve the subject Sub -Lease Agreement with Salazar Machine & Steel, Inc. NOW, THEREFORE, IT IS HEREBY RESOLVED BY THE COLLIER COUNTY AIRPORT AUTHORITY, that the Authority recommends that the Collier County Board of County Commissioners approve and authorize its Chairman to execute, and thereby have the Board of County Commissioners approve, the attached thirty -five (35) year Sub -Lease Agreement between the Collier County Airport Authority and Salazar Machine & Steel, Inc. at an initial rent of Two Thousand ($2,000) per year for the construction of a minimum 20,000 square -foot manufacturing/warehouse facility on one and one -half (1.5) acres at the Immokalee Regional Airport/Tradeport. PASSED AND DULY ADOPTED by affirmative majority vote of the Collier County Airport Authority this 13th_ day of November. 2006. COLLIER COUNTY AIRPORT AUTHORITY COLLIE TY, FLORIDA ATT T: B: The ook, Executive Director tephen L. Price, Chairman Approved as to form and regal sufficiency -_ 1, NA/✓ Tom Palme , Assistdht County Attorney Y:\AdminisUation\AA Board\Resolutions\2006 Resolutions\Res 06-44 35 -Year Salazar Lease TCP comamts.doc