THE AVIATION DEPARTMENT RECOMMENDS APPROVAL OF THE ABOVE MOTION.
This action provides for the approval of a Terminal Building Lease Agreement between Broward County, Florida and Alaska ("TBLA") for the lease and use of various areas within Terminal 1 at FLL.
On August 13, 2013 (Item No. 4), the Board approved a Terminal Building Lease Agreement between Broward County and Alaska Airlines, Inc., with a termination date of July 19, 2018. Alaska is a company organized and existing under the State of Alaska and legally authorized to do business in the State of Florida. Alaska operates flights from FLL to various locations within the continental United States on a daily basis.
The proposed TBLA allows Alaska to lease 1,075 square feet of Airline Ticket Office Space (Type 1) in Terminal 1, level 4, 264 square feet of Baggage Service Office space (Type 2) in Terminal 1, arrival level and 156 square feet of Operations space (Type 2) in Terminal 1, Concourse C, arrival level at FLL. The TBLA will commence on July 20, 2018 and shall terminate five years thereafter, July 19, 2023. The TBLA may be terminated at any time by the Board, the CEO/Director of Aviation or Alaska with or without cause, upon 30 calendar days' prior written notice to the other party.
Alaska has posted as security deposit in the amount of $81,573, which is based on three months' rent.
The amounts referenced in this agenda has been rounded to the nearest whole dollar, Alaska payments will be based on actual amount payable under the proposed TBLA. The Agreement Summary Sheet reflects the estimated amount payable.
The proposed TBLA is approved as to form by the Office of the County Attorney and the Risk Management Division.
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