Resolution No 84-25 regarding Spur N Rotor final extension.pdf
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1 RESOLUTION NO. 84-25 A RESOLUTION OF THE COUNCIL OF THE CITY OF BUCKEYE, ARIZONA, APPROVING THE SECOND OPTION TO EXTEND THAT CERTAIN AIRPORT PROPERTY LEASE AGREEMENT BETWEEN THE CITY OF BUCKEYE AND SPUR-N-ROTOR, INC, A NEVADA CORPORATION. WHEREAS, the City of Buckeye, Arizona (“City”) and Spur-N-Rotor, Inc., a Nevada corporation (“Spur-N-Rotor”), entered into a lease agreement effective January 1, 2019 (“Lease Agreement”) regarding certain premises located at the Buckeye Municipal Airport, 3000 South Palo Verde Road, Buckeye, Arizona, 85326, more particularly described as the Southeast Section of the Quad Hangar and offices consisting of approximately 4,117 square feet; and WHEREAS, the Lease Agreement was assigned to Heli-Carrier USA, LLC, an Arizona limited liability company; and subsequently assigned back to Spur-N-Rotor as approved by the City Council on October 7, 2025; and WHEREAS, Section 2.2 of the Agreement provides for two, two-year options to extend the Lease Agreement (“Extension”); and WHEREAS, Spur-N-Rotor has exercised the first 2-year Extension, through December 31, 2025; and WHEREAS, Spur-N-Rotor has made written request to the City to exercise the second and final Extension, through December 31, 2027; and WHEREAS, the City has agreed to approve the second Extension pursuant to the Lease Agreement. BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BUCKEYE, ARIZONA, as follows: Section 1. The recitals above are hereby incorporated as if fully set forth herein. Section 2. The option to extend the Lease Agreement through December 31, 2027, is hereby approved. Section 3. The Mayor, City Manager, City Clerk, and City Attorney are hereby authorized and directed to take all steps necessary to carry out the purpose and intent of this Resolution. 2 PASSED AND ADOPTED by the Mayor and City Council of the City of Buckeye, Arizona, this 21st day of October, 2025. Eric W. Orsborn, Mayor ATTEST: Lucinda J. Aja, City Clerk APPROVED AS TO FORM: K. Scott McCoy, City Attorney