Public Hearing 4:20pm

RESOLUTION 154 – 2018

Introduced by Supervisors Peck, Barrett, Grattidge, Kusnierz, Ostrander, Raymond and Richardson

SETTING A PUBLIC HEARING TO CONSIDER THE LEASE OF A 16.71 ACRE PORTION OF THE SARATOGA COUNTY AIRPORT TO NORTH AMERICAN FLIGHT SERVICES, INC.

WHEREAS, for many years, Saratoga County has leased a portion of the Saratoga County Airport to North American Flight Services, Inc., for its use as Fixed Base Operator for the Airport, pursuant to two leases, identified as the East Facilities Lease and the West Facilities Lease; and

WHEREAS, North American Flight Services, Inc. (“NAFS”) would like to consolidate its existing leases and enter into a new single lease for a term of forty (40) years, which lease would exclude a portion of the area currently let to NAFS in order that the County may include such portion in a lease to Prime Group Holdings, LLC; and

WHEREAS, Section 352 of the General Municipal Law requires the Board of Supervisors to conduct a public hearing to consider whether the County should enter into a lease with North American Flight Services, Inc. for the lease of 16.71 acres of land at the Saratoga County Airport for a term of forty (40) years commencing October 1, 2018 and continuing through September 30, 2058, at an initial annual rent of $77,050.44, subject to annual increase or decrease by the percentage change in the Consumer Price Index for the year ending as of June 30 of that year;  now, therefore, be it

RESOLVED, that the Board of Supervisors of the County of Saratoga shall hold a public hearing on Wednesday, July 11, 2018 at 4:20 p.m. in the Meeting Room of the Saratoga County Board of Supervisors at 40 McMaster Street, Ballston Spa, New York, for the purpose of considering whether the County should lease a 16.71 acre portion of Saratoga County Airport to North American Flight Services, Inc. for its use as Fixed Based Operator for the Airport, for a term of forty (40) years commencing October 1, 2018 and continuing through September 30, 2058, at an initial annual rent of $77,050.44, subject to annual increase or decrease by the percentage change in the Consumer Price Index for the year ending as of June 30 of that year.

BUDGET IMPACT STATEMENT:  No budget impact.