That Report RS2021-037, Proposed Lease Agreement between the City of Kawartha Lakes and Horizon Aircraft, Inc., be received;
That a By-Law (attached as Appendix D) authorizing to execute the proposed lease agreement for a five (5) year term between the City of Kawartha Lakes and Horizon Aircraft, Inc. for a commercial building at the Municipal Airport, 3187 Highway 35, Lindsay, being utilized for engineering and design aircraft business, be approved; and
That the Mayor and Clerk be authorized to execute the proposed lease agreement (substantially in the form as attached as Appendix E) on behalf of the Corporation of the City of Kawartha Lakes with Horizon Aircraft, Inc. for the purpose of leasing commercial building for a five (5) year term at the Municipal Airport, 3187 Highway 35, Lindsay, being utilized for engineering and design aircraft business.