Department
Real Estate and Asset Management
Requested Action
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Request approval of a Resolution approving a First Amendment to the Ground Lease Agreement between Fulton County, Georgia (Lessor) and Atlanta Executive Aviation, LLC (Lessee); authorizing the Chairman to execute the First Amendment to the Lease Agreement; authorizing the County Attorney to approve the First Amendment to the Lease Agreement as to form and to make modifications thereto prior to execution. Effective upon approval. (APPROVED UPON ADOPTION OF THE CONSENT AGENDA)
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Requirement for Board Action
This Agenda Item is presented to the Board of Commissioners pursuant to pursuant to O.C.G.A. 6-3-25(3), which authorizes the County to lease its established airport to private parties for operation or for operation, space, area, improvements, and equipment, provided in each case that in so doing the public is not deprived of its rightful, equal, and uniform use thereof.
Strategic Priority Area related to this item
Open and Responsible Government
Commission Districts Affected
All Districts ☐
District 1 ☐
District 2 ☐
District 3 ☐
District 4 ☐
District 5 ☐
District 6 ☒
Is this a purchasing item?
No
Summary & Background
Scope of Work: The Board of Commissioners approved, via Agenda Item 21-0246 on May 5, 2021, a Ground Lease Agreement with Brakkam Aviation Management LLC and The Integral Group LLC as lessee, for 13.879 +/- acres at the Fulton County Executive Airport - Charlie Brown Field, and subsequently approved, via Agenda Item 21-0548 on August 4, 2021, the lessee’s assignment of the Ground Lease Agreement to Atlanta Executive Aviation, LLC, a joint venture limited liability company formed by Brakkam Aviation Management, LLC and The Integral Group, LLC.
The Department of Public Works received a request from Atlanta Executive Aviation, LLC, to modify the substantial completion date for improvements to be made under the Ground Lease Agreement from June 1, 2026 to June 1, 2029.
Community Impact: Approval by the Board of Commissioners to extend the substantial completion date in the Ground Lease Agreement executed with Atlanta Executive Aviation LLC will not impact the community.
Department Recommendation: The Department of Real Estate and Asset Management (DREAM) and the Fulton County Airport Manager recommend approval of the modification of the Ground Lease Agreement with Atlanta Executive Aviation, LLC, as provided in the First Amendment to the Ground Lease Agreement.
Project Implications: Approval of the First Amendment to the Ground Lease with Atlanta Executive Aviation, LLC will allow an existing airport tenant more time to develop construction plans and does not impact annual lease revenue that can be used for the operations of the Fulton County Executive Airport - Charlie Brown Field.
Community Issues/Concerns: None
Department Issues/Concerns: None
Fiscal Impact / Funding Source
Annual ground lease revenue will be deposited into the Airport Enterprise Fund # 200-540-5601-5220