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TO: Mayor Richard C. Irvin
FROM: Steve Andras, P.E., Airport Manager
DATE: August 4, 2023
SUBJECT:
A Resolution Authorizing a Limited Operator Agreement with Stange Aviation, LLC at the Aurora Municipal Airport.
PURPOSE:
To obtain City Council approval of a limited operator agreement between the City of Aurora and Stange Aviation, LLC.
BACKGROUND:
Stange Aviation, LLC is a newly created company owned by John Stange, Jr. whose background is in professional motorsports, manufacturing and business management.
Stange Aviation, LLC was formed to augment its racing operation by providing a flight department, air freight services, charters and other aviation services related to motorsports.
Stange Aviation, LLC will operate out of REVV Aviation's FBO facility. REVV has approved the allowable activities requested under this agreement pursuant to the attached email dated 7-30-23
DISCUSSION:
This operator agreement is for a term of one year and allows for four (4) successive one-year extensions under the same terms. The agreement guarantees a minimum rent amount of six hundred twenty five dollars ($625) per month or seven thousand five hundred dollars ($7,500) per year.
IMPACT STATEMENT:
The approval of this agreement will be beneficial to the City of Aurora by allowing the City to collect rent from this business.
RECOMMENDATIONS:
The staff recommends approval of the resolution
cc: Building, Zoning and Economic Development Committee
CITY OF AURORA, ILLINOIS
RESOLUTION NO. _________
DATE OF PASSAGE ________________
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A Resolution Authorizing a Limited Operator Agreement with Stange Aviation, LLC at the Aurora Municipal Airport for a period of One Year.
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WHEREAS, the City of Aurora has a population of more than 25,000 persons and is, therefore, a home rule unit under subsection (a) of Section 6 of Article VII of the Illinois Constitution of 1970; and
WHEREAS, subject to said Section, a home rule unit may exercise any power and perform any function pertaining to its government and affairs for the protection of the public health, safety, morals, and welfare; and
WHEREAS, the City owns, operates and maintains the Aurora Municipal Airport; and
WHEREAS, Stange Aviation, LLC desires to operate an aviation flight department at the Aurora Municipal Airport; and
WHEREAS, Stange Aviation, LLC has agreed to pay a minimum annual amount of Seven Thousand Five Hundred dollars ($7,500) for the privilege of conduction business at the Aurora Municipal Airport.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Aurora, Illinois, as follows: The City Council of Aurora does hereby approve the Limited Operator Agreement between Stange Aviation, LLC and the City of Aurora.