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TO: Mayor Thomas J. Weisner
FROM: Beth Penesis, Interim Airport Manager
DATE: August 13, 2015
SUBJECT:
A Resolution Consenting to the Assignment of Aviation Operating Agreement at the Aurora Municipal Airport between the City of Aurora and ARR-OW 2, Inc. to Glass Simulation Center & Logistics, Inc., a Wisconsin Corporation.
PURPOSE:
To obtain City Council approval of an Assignment of Aviation Operating Agreement between the City of Aurora and ARR-OW 2, Inc. to Glass Simulation Center & Logistics, Inc.
BACKGROUND:
ARR-OW 2, Inc. has operated on the Aurora Municipal Airport since June 9, 2009. The company operates flight simulator training and services. ARR-OW 2, Inc. desires to sell the company to Glass Simulation Center & Logistics, Inc. Glass Simulation Center & Logistics, Inc. will operate the same business offering simulator training and services.
DISCUSSION:
ARR-OW 2, Inc. has provided an asset to the airport. The owner of ARR-OW 2, Inc. wishes to retire and sell the business. The airport desires to have Glass Simulation Center & Logistics continue the operation of this business. The Aurora Municipal Airport Advisory Board has recommended this assignment of agreement.
IMPACT STATEMENT:
Approval will offer a positive impact on the City and the Airport; this will offer the continuation of an existing business and its services.
RECOMMENDATIONS:
I concur with the Aurora Airport Advisory Board's recommendation to approve this Assignment of Aviation Operating Agreement.
cc: Alderman O'Connor, Chairman
Alderman Mervine
Alderman Bohman
Alderman Mesiacos, Alternate
CITY OF AURORA, ILLINOIS
RESOLUTION NO. _________
DATE OF PASSAGE ________________
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A Resolution Consenting to the Assignment of Aviation Operating Agreement at the Aurora Municipal Airport between the City of Aurora and ARR-OW 2, Inc. to Glass Simulation Center & Logistics, Inc., a Wisconsin Corporation.
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