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Section 1. Adoption of "Whereas" Clauses. The foregoing "WHEREAS" clauses are hereby adopted and incorporated herein as forming the legislative findings, purpose, and intent of this Resoution. Section 2. General Airport Leasing Policy. A. Lease Negotiations. Lease negotiations by Airport staff shall consider the highest and best use of Airport property in accordance with FAA and Florida Department of Transportation ("FDOT") regulations, the Airport Master Plan, and direction by the City Manager. Lease terms shall not deviate from those herein unless recommended by the Airport Director and approved by the City Manager. Long term leases with an initial term of one (1) year or more shall be approved by the City Council; however, pursuant to the City Code, leases for a nonrenewable term of one (1) year or less may be executed on behalf of the City by the City Manager. All leases shall be approved by the City Attorney as to form and legal sufficiency. B. Competitive Proposals. In situations where more than one (1) prospective tenant indicates an interest in leasing the same property within the same general period of time, and all application requirements have been satisfied, the Airport Director's office will evaluate and select the proposal which best represents the overall public interest. The parties will then be notified of the Airport staffs recommendation, and will have the opportunity to support their individual proposals at a scheduled meeting before the Airport Commission and City Council. Final approval authority for the lease of airport real property rests with the City Council. C. Right of First Refusal. Airport policy does not allow a prospective tenant to secure a "right of first refusal," nor will the Airport remove any property from the market for any period of time for the purpose of future lease negotiations. Impartial consideration will be given to all parties who express a current interest in leasing real property, and who satisfy the following requirements: Page 2 of 11 NAPROPERTY MG7,2015 Updated Docs,2015 Updated Resolutions\150324 Airport Leasing Policy replacing Resolution 2007-18 EM.docx 130