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File #: 15-365    Version: 1 Name: New Agreement with Northwestern Mutual Life Insurance Company
Type: Action Report Status: Placed on File, End of Term
File created: 5/22/2015 In control: County Clerk's Office
On agenda: Final action: 4/18/2016
Title: From the Director, Department of Transportation, requesting authorization to enter into a Lease Agreement with The Northwestern Mutual Life Insurance Company for lease of approximately 165,357 square feet of land at General Mitchell International Airport on which to construct an aircraft hangar, for an initial term of five years, with four additional five-year renewal options, with initial annual airport revenues of $56,353.67 for the first year of the agreement. (12/02/15: Laid Over to the Call of the Chair)
Attachments: 1. REPORT, 2. RESOLUTION, 3. FISCAL NOTE, 4. LEASE AGREEMENT, 5. MAP, 6. END OF TERM MEMO 2012-2016

Title

From the Director, Department of Transportation, requesting authorization to enter into a Lease Agreement with The Northwestern Mutual Life Insurance Company for lease of approximately 165,357 square feet of land at General Mitchell International Airport on which to construct an aircraft hangar, for an initial term of five years, with four additional five-year renewal options, with initial annual airport revenues of $56,353.67 for the first year of the agreement.  (12/02/15: Laid Over to the Call of the Chair)