LEGISLATIVE ACTION ITEM
SPONSOR: D.C. Reeves, Mayor
SUBJECT:
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SECOND AMENDED AND RESTATED LEASE AGREEMENT WITH THE DANIEL CHAPPIE JAMES FLIGHT ACADEMY, INC.
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RECOMMENDATION:
recommendation
That City Council approve the Second Amended and Restated Lease Agreement with the Daniel Chappie Flight Academy, Inc. for operation of a youth flight academy located at 1608 Dr. Martin Luther King, Jr. Drive.
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HEARING REQUIRED: No Hearing Required
SUMMARY:
On August 10, 2017, City Council approved a Lease Agreement with the Daniel Chappie James Flight Academy, Inc. for operation of the Chappie James Flight Academy at 1608 Dr. Martin Luther King, Jr. Drive. The lease was subsequently amended on December 14, 2017 and an addendum issued on October 17, 2019. The lease currently expires on March 12, 2028.
The City of Pensacola Community Redevelopment Agency (CRA) has recently completed design of an expansion project to provide additional programming space for the Flight Academy and the Chappie James Museum of Pensacola, Inc., which also occupies the site within the building addressed as 1606 Dr. Martin Luther King, Jr. Drive. To provide supplemental funding for the project, the Museum applied for and was awarded an African American Historical and Cultural (AAHC) grant. The grant requires that the property addressed as 1606 Dr. Martin Luther King, Jr. Drive be used for a commemorative museum a period of ten (10) years via a restrictive covenant recorded in the Official Records. To ensure consistency in lease term between the Chappie James Museum and Flight Academy tenants, compliance with the grant and to establish the re-organization of lease space upon completion of the expansion project, an amendment to the lease is necessary.
The amendment includes:
• Re-establishing the term of the lease to be for a period of ten years beginning upon recordation of the covenant.
• Requiring that any modifications to the property comply with the terms of the covenant.
• Revising the separation of leased space and common areas to reflect the re-organization of space upon completion of the expansion project.
• Establishing parameters for cooperation between the Flight Academy and the City during construction of the expansion project.
PRIOR ACTION:
August 10, 2017 - City Council approved a Lease Agreement with the Daniel Chappie James Flight Academy
December 14, 2017 - City Council approved a First Amended and Restated Lease Agreement with the Daniel Chappie James Flight Academy
FUNDING:
N/A
FINANCIAL IMPACT:
The lease generates $100 in annual revenue.
LEGAL REVIEW ONLY BY CITY ATTORNEY: Yes
4/28/2023
STAFF CONTACT:
Kerrith Fiddler, City Administrator
David Forte - Deputy City Administrator
Sherry Morris - Development Services Director
Victoria D’Angelo - CRA Division Manager
Deana Stallworth - Lease Manager
ATTACHMENTS:
1) Second Amended and Restated Lease Amendment
2) Exhibit B - Leased Premises
3) Exhibit C - Leased Premises - Post Expansion
PRESENTATION: No end