HomeMy WebLinkAboutResolutions - 2025.02.11 - 41881
AGENDA ITEM: Airport Land Lease with BARK Investments, LLC
DEPARTMENT: Economic Development - Aviation and Transportation
MEETING: Board of Commissioners
DATE: Tuesday, February 11, 2025 6:00 PM - Click to View Agenda
ITEM SUMMARY SHEET
COMMITTEE REPORT TO BOARD
Resolution #2025-4862 _ 25-2
Motion to adopt the attached suggested resolution.
ITEM CATEGORY SPONSORED BY
Lease Yolanda Smith Charles
INTRODUCTION AND BACKGROUND
An RFP process was implemented the fourth quarter of 2024 to select a Lessee for the vacant
parcel at Oakland County International Airport (OCIA) known as the South Hangar Development site
off the South Service Drive on Highland Road. BARK Investments, LLC, comprised of the principals
of the Royal Air FBO based at OCIA for more than 60 years, was the successful proponent. This
land lease has a term of 30 years commencing March 1, 2025 through February 28, 2055,
generating rental income of $81,515.09 annually. Under the Land Lease the County has the right to
change the rental payment effective March 1, 2027 and each and every two years thereafter, as set
forth in the Land Lease. The Lessee, at its sole cost is responsible for any improvements to the
property and maintenance to the grounds including mowing, snow removal, and landscaping.
The Airport Committee and the County’s Office of Corporation Counsel have reviewed and agreed
to the terms of the Land Lease.
BUDGET AMENDMENT REQUIRED: No
Committee members can contact Barbara Winter, Policy and Fiscal Analysis Supervisor at
248.821.3065 or winterb@oakgov.com or the department contact persons listed for additional
information.
CONTACT
Cheryl Bush, Manager Aviation & Transportation
ITEM REVIEW TRACKING
Aaron Snover, Board of Commissioners Created/Initiated - 2/11/2025
David Woodward, Board of Commissioners Approved - 2/11/2025
Walt Herzig, Executive's Office Approved - 2/12/2025
Lisa Brown, Clerk/Register of Deeds Final Approval - 2/25/2025
AGENDA DEADLINE: 02/24/2025 7:36 PM
ATTACHMENTS
1. LANDLEASE2025_BARK Investments
COMMITTEE TRACKING
2025-02-05 Economic Development & Infrastructure - Recommend to Board
2025-02-11 Full Board - Adopt
Motioned by: Commissioner Michael Gingell
Seconded by: Commissioner Penny Luebs
Yes: David Woodward, Michael Spisz, Michael Gingell, Penny Luebs, Karen Joliat, Kristen
Nelson, Christine Long, Robert Hoffman, Philip Weipert, Angela Powell, Marcia Gershenson,
William Miller III, Yolanda Smith Charles, Charles Cavell, Brendan Johnson, Ann Erickson Gault,
Linnie Taylor, Robert Smiley (18)
No: None (0)
Abstain: None (0)
Absent: Gwen Markham (1)
Passed
February 11, 2025
RESOLUTION #2025-4862 _ 25-2
Sponsored By: Yolanda Smith Charles
Economic Development - Aviation and Transportation - Airport Land Lease with BARK
Investments, LLC
Chair and Members of the Board:
WHEREAS the County of Oakland (“County”) owns the Oakland County International Airport in
Waterford Township; and
WHEREAS parcels of land are leased to various aviation businesses for the purpose of constructing
hangars, aviation ramps, and related appurtenances for conducting aviation business at the Airport;
and
WHEREAS the Airport Division has negotiated the attached Land Lease with BARK Investments,
LLC; and
WHEREAS the Land Lease will have a term of thirty years from March 1, 2025 to February 28, 2055,
with annual rent fixed for the first two years at $81,515.09 per year; and
WHEREAS under the Land Lease the County has the right to change the rental payment effective
March 1, 2027 and each and every two years thereafter, as set forth in the Land Lease, and
WHEREAS the Lessee, at its sole cost is responsible for any improvements to the property and
maintenance to the grounds including mowing, snow removal, and landscaping; and
WHEREAS the Airport Committee and the County’s Office of Corporation Counsel have reviewed
and agreed to the terms of the Land Lease.
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners hereby
approves and accepts the terms and conditions of the attached Land Lease for thirty (30) years with
BARK Investments, LLC.
BE IT FURTHER RESOLVED that the Oakland County Board of Commissioners directs its Chair or
his designee to execute the attached Land Lease and all other related documents between the
County and BARK Investments, LLC.
BE IT FURTHER RESOLVED that no budget amendment is required as the revenue is already
reflected in the County Airport Fund (#56500) FY 2025 – FY 2027 Adopted budget.
Chair, the following Commissioners are sponsoring the foregoing Resolution: Yolanda Smith
Charles.
Date: February 11, 2025
David Woodward, Commissioner
Date: February 12, 2025
Walt Herzig, Chief Deputy County Executive
Date: February 25, 2025
Lisa Brown, County Clerk / Register of Deeds
COMMITTEE TRACKING
2025-02-05 Economic Development & Infrastructure - Recommend to Board
2025-02-11 Full Board - Adopt
Motioned by Commissioner Michael Gingell seconded by Commissioner Penny Luebs to adopt the
attached Lease: Airport Land Lease with BARK Investments, LLC.
Yes: David Woodward, Michael Spisz, Michael Gingell, Penny Luebs, Karen Joliat, Kristen Nelson,
Christine Long, Robert Hoffman, Philip Weipert, Angela Powell, Marcia Gershenson, William Miller
III, Yolanda Smith Charles, Charles Cavell, Brendan Johnson, Ann Erickson Gault, Linnie Taylor,
Robert Smiley (18)
No: None (0)
Abstain: None (0)
Absent: Gwen Markham (1)
Passed
ATTACHMENTS
1. LANDLEASE2025_BARK Investments
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Lisa Brown, Clerk of the County of Oakland, do hereby certify that the foregoing resolution is a true
and accurate copy of a resolution adopted by the Oakland County Board of Commissioners on
February 11, 2025, with the original record thereof now remaining in my office.
In Testimony Whereof, I have hereunto set my hand and affixed the seal of the Circuit Court at
Pontiac, Michigan on Tuesday, February 11, 2025.
Lisa Brown, Oakland County Clerk / Register of Deeds