Title
Westwind School of Aeronautics, Phoenix, LLC Lease Amendment (Ordinance S-49073)
Description
Request to authorize the City Manager, or his designee, to amend Westwind School of Aeronautics, Phoenix, LLC (Westwind) Lease 145025 to add additional land for two parking lots at Phoenix Goodyear Airport (GYR).
Report
Summary
Westwind operates a pilot training facility at GYR. Westwind is increasing the number of students enrolled in their flight training program and requires additional automobile parking to accommodate more students. The additional parking consists of approximately 91,626 square feet and will be located on two vacant lots that are contiguous with the Westwind campus.
Contract Term
The amendment will add land for the parking lots to Westwind Lease 145025 for the remaining term of the lease which expires on Feb. 29, 2032. A provision of the lease includes one five-year option to extend the term to Feb. 28, 2037 at the sole discretion of the Aviation Director.
Financial Impact
Annual rent for the land for the parking lots for the first year will be $29,320, and will increase annually per the Phoenix-Mesa-Scottsdale Consumer Price Index. Total anticipated revenue, if the option is exercised, is approximately $439,800.
Concurrence/Previous Council Action
The City Council approved Lease 145025 (Ordinance S-43184) on Jan. 25, 2017.
This item was approved by the Phoenix Aviation Advisory Board on Sept. 15, 2022 by a vote of 6-0.
Location
Phoenix Goodyear Airport, 1658 South Litchfield Road, Goodyear, Ariz.
Department
Responsible Department
This item is submitted by Deputy City Manager Mario Paniagua and the Aviation Department.