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Tue, Nov 08, 2011

Northeast Florida Airport Tenant Still Behind On Lease Payments

Officials Say Island Aviation Owes Nearly $77 Thousand

The largest tenant at Fernandina Beach Municipal Airport (KFHB) in Amelia Island, FL is nearly $77,000 behind in its rent payments, according to city officials. The total includes penalties assessed for late payments.

Now, county officials say they have a number of avenues available to collect the debt, including the sale of the company with the new owner assuming its debts. But City Airport Manager Richard Johnson told City Manager Michael Czymbor that the more important figure is the actual rent owed regardless of the penalties.

The Fernandina Beach News-Leader reports that it obtained information about Island Aviation through a public records request showing it did not pay rent in January, April, June, August, and October. Johnson has reportedly met with at least two prospective buyers for the company, but no deal has been made.

Island Aviation has reportedly paid more than $20,000 to the city this year, but it has not made a lot of progress towards paying off the arrears. A deal for the sale of the company was supposed to be finalized by October 1st, but it did not materialize.



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