To: Board of Supervisors
From: Public Works
Agenda Section: Consent
SUBJECT:
title
Resolution to Approve of Lease Assignment from Denise McNulty and Associates, Inc. DBA Alamo National Car Rental to Enterprise Rent-A-Car Company of Sacramento, LLC. (4/5 Vote Required)
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RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Approve and authorizes the Chairperson to execute the lease assignment from Denise McNulty and Associates to Enterprise Rent-A-Car Company of Sacramento, LLC. (4/5 vote required); and
2. Direct the Clerk of the Board to return two executed originals of the assignment to the Public Works Department Real Property Division for processing.
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SOURCE OF FUNDING:
Aviation (3530381)
DISCUSSION:
Denise McNulty and Associates, Inc., dba Alamo National Car Rental (Assignor), has operated a rental car business at the California Redwood Coast-Humboldt County Airport (ACV) since the early 1980s. In December 2018, Denise McNulty had informed county staff she is selling her business to Enterprise Rent-A-Car Company of Sacramento, LLC (Assignee), in which the sale would close in mid-January 2019. Assignee intends to continue operate Assignor's rental car business at ACV. Assignee currently pays county 10 percent of gross receipts, with a minimum of $1,650. In 2017, Assignor had paid an average of $5,027 a month in rent.
Upon approval of the lease assignment, county staff will begin to negotiate a new lease agreement with Assignee.
FINANCIAL IMPACT:
With approval of the lease assignment, the existing rental car business may continue to operate, contributing about $55,000 a year in rent to the Aviation Fund. This will not affect the General Fund.
STRATEGIC FRAMEWORK:
This action supports your Board's Strategic Framework by providing for and maintaining infrastructure and providing community-appropriate levels of service.
OTHER AGENCY INVOLVEMENT:
Department of Aviation
ALTERNATIVES TO STAFF RECOMMENDATIONS:
Th...
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