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File #: 10194   
Type: Consent Status: Passed
File created: 5/31/2024 Department: Real Estate Services
On agenda: 6/11/2024 Final action: 6/11/2024
Subject: Revenue Lease Agreement with M.I. Air Corporation, for Hangar, Office, and Shop Space at Chino Airport
Attachments: 1. CON-RESD-AIR-061124-Lease Agmt w MI Air Corporation, 2. COV-RESD-AIR-061124-Lease Agmt w MI Air Corporation, 3. Item #81 Executed BAI, 4. 24-533 Executed Contract
REPORT/RECOMMENDATION TO THE BOARD OF SUPERVISORS
OF SAN BERNARDINO COUNTY
AND RECORD OF ACTION

June 11, 2024

FROM
TERRY W. THOMPSON, Director, Real Estate Services Department
BRETT J. GODOWN, Director, Department of Airports

SUBJECT
Title
Revenue Lease Agreement with M.I. Air Corporation, for Hangar, Office, and Shop Space at Chino Airport
End

RECOMMENDATION(S)
Recommendation
1. Find that approval of a Revenue Lease Agreement with M.I. Air Corporation for hangar, office and shop space at Chino Airport is an exempt project under the California Environmental Quality Act Guidelines Section 15301 - Existing Facilities (Class 1).
2. Approve a Revenue Lease Agreement with M.I. Air Corporation, for three years for the period of July 1, 2024 through June 30, 2027, for the western portion of Hangar A-230, comprised of approximately 10,000 square feet of hangar space, 3,602 square feet of office space and 945 square feet of shop space, located at Chino Airport, 7000 Merrill Avenue in Chino, for total revenue in the amount of $235,817, in accordance with Government Code Section 25536 (Four votes required).
3. Direct the Real Estate Services Department to file the Notice of Exemption in accordance with the California Environmental Quality Act.
(Presenter: Terry W. Thompson, Director, 387-5000)
Body

COUNTY AND CHIEF EXECUTIVE OFFICER GOALS & OBJECTIVES
Operate in a Fiscally Responsible and Business-Like Manner.

FINANCIAL IMPACT
Approval of this item will not result in the use of Discretionary General Funding (Net County Cost). The total revenue to be received by the Department of Airports (Airports) during this three-year lease is $235,817, excluding water and sewer charges, and will be deposited into the Airport's budget (6315001000). Annual lease revenue is as follows:

Period
Annual Lease Revenue
July 1, 2024 - June 30, 2025
$76,294
July 1, 2025 - June 30, 2026
$78,583
July 1, 2026 - June 30, 2027
$80,940
Total Revenue
$235,817

BACKGROUND INFORMATION
The...

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