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HomeMy WebLinkAboutMinutes - City Council - 1996-03-07 59 City Council, Special Meeting City Hall Conference Room A 760 Parkview Avenue Redding, California March 7, 1996 1:30 p.m. The meeting was called to order by Mayor Kehoe with the following Council Members present: P. 11 Anderson, R. Anderson, McGeorge, and Kehoe. Council Member Murray was absent. Also present were City Manager Warren, Assistant City Attorney Calkins, Airports Director Perry, and City Clerk Strohmayer. Outside legal counsel Susan Hinz was also present. CLOSED SESSION (L-100) Mayor Kehoe stated that the City Council would adjourn to closed session pursuant to California Government Code Section 54956.9(a) to discuss the following: Conference with Legal Counsel- Existing Litigation: City of Redding. v. Shasta Enterprises. et. al., and related cross-action, Shasta County Superior Court Consolidated Case Nos. 87226 and 95735. At the hour of 1:34 p.m., Mayor Kehoe adjourned the meeting to closed session. At the hour of 1:50 p.m., Mayor Kehoe reconvened the meeting to regular session. No action was taken. AMENDMENT TO IASCO LEASE AT REDDING MUNICIPAL AIRPORT (C-070-100 & A-090-100) Airports Director Perry's Report to City Council dated March 6, 1996, incorporated herein by reference, related that the existing land lease at the Redding Municipal Airport between Shasta Enterprises and the City of Redding is the location of the IASCO fixed-base operation. The land lease is scheduled for termination in 2019; however, in accordance with the lease, Shasta Enterprises will be required to begin paying the City rental for the improvements at a rate of 7 percent per year of the then appraised value. Presently, the land lease agreement between Shasta Enterprises and the City prescribes a rental payment of$1,416.67 per month. An element of the proposed settlement of a litigation between Shasta Enterprises and the City would allow Shasta Enterprises to cancel its lease agreement with the City in 2009 and have no further obligations thereunder. It is the recommendation of staff that the City Council approve the concept of amending the Lease Agreement with Shasta Enterprises which will allow termination of same in 2009. MOTION: Made by Council Member McGeorge, seconded by Council Member R. Anderson, to approve in concept the amendment of the Lease Agreement with Shasta Enterprises to allow an option for Shasta Enterprises to terminate its existing land lease agreement at Redding Municipal Airport in 2009. The Vote: Unanimous Ayes ADJOURNMENT There being no further business, at the hour of 1:51 p.m., Mayor Kehoe declared the meeting adjourned. APPROVED: ayor ATTEST: ____ , </...tiCity Clerk 03/07/96