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Approval and Consent to Sublease with Sale of Aircraft Storage Hangar between All Inside AV Storage, Inc. and Diamond Aero Corporation, a California Corporation

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State & Local

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AI Contract Overview

The County of Riverside, as lessor, has granted consent for the transfer of a sublease and ownership of an aircraft storage hangar at Jacqueline Cochran Regional Airport in Thermal, California, following the death of the prior sublessee, Steven W. Young. The original lease, dated June 3, 2003, and amended through 2009, covers approximately 9.45 acres of land and was assigned in 2023 from John and Betty Obradovich to All Inside AV Storage, Inc., doing business as Thermal Aviation, which now acts as sublessor. The Subleased Premises, a 1,050-square-foot hangar designated as Hangar B19, was previously subleased to Steven W. Young and is now being transferred to Diamond Aero Corporation under a new sublease agreement dated January 24, 2025. The termination of the prior sublease is formalized by a Lease Cancellation Agreement dated April 15, 2025, and concurrently, a Bill of Sale transfers ownership of the hangar structure from Paul Broyles, Executor of Steven W. Young’s estate, to Diamond Aero Corporation. Both the sublease and bill of sale require Riverside County’s approval under Section 24 of the original lease, which mandates consent for any subleasing activity. The County’s approval is subject to compliance with the California Environmental Quality Act, which has determined that the action qualifies for a categorical exemption under Section 15301 as an existing facility and the “Common Sense” exemption under Section 15061(b)(3), as no new construction, expansion, or significant environmental impact is anticipated. The approval process is administrative, not competitive, and no procurement solicitation, evaluation factors, or federal acquisition regulations apply. The transaction is tied to a specific accounting identifier, 523230-40710-1910700000-ED19102001, and all filings are processed through the Riverside County Clerk & Recorder’s office, with oversight provided by the TLMA Aviation Division. There are no pricing details, payment terms, delivery schedules, or federal contracting requirements disclosed, as this is strictly a real estate sublease and asset transfer governed by state and local lease provisions and environmental law.

General Info

Riverside County approves transfer of Hangar B19 sublease and ownership to Diamond Aero Corporation following prior sublessee’s death.

Agency

California → Riverside County

NAICS

531190 - Lessors of Other Real Estate PropertyView NAICS

Place of Performance

Set-Aside

NONE

Documents

(1)

Notice of Exemption and Authorization for Sublease and Bill of Sale at Jacqueline Cochran Regional Airport

PDF•notice-of-exemption

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Uniform Contract Format

Timeline

PostedAug 29

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Organization & Contact Information

AgencyCalifornia → Riverside County

Contacts1 person available

OfficeN/A

Organization / Agency

California → Riverside County

Office AddressN/A

Contacts

Jose RuizSupervising Development Specialist

contact@example.gov

+1 (555) 000-0000

Full Description

The County of Riverside (County), as lessor, and John Obradovich and Betty Obradovich, as lessee, entered into that certain Desert Resort Regional Airport Lease dated June 3, 2003, as amended by that certain First Amendment to Lease, dated September 14, 2004, that certain Second Amendment to Lease, dated September 12, 2006, and that certain Third Amendment to Lease, dated March 17, 2009 (collectively, the Lease). On September 12, 2023, John Obradovich and Betty Obradovich assigned their interest in the Lease to All Inside AV Storage, Inc., a California corporation DBA Thermal Aviation (Lessee and Sublessor). The Lease relates to, among other things, the lease of about 9.45-acres of land at the Jacqueline Cochran Regional Airport (Leased Premises). Since October 3, 2014, Sublessor has subleased a 1,050 square feet portion of the Leased Premises (Subleased Premises), which contains an aircraft storage hangar, to Steven W. Young. Steven W. Young has since passed away and his executor has now decided to terminate the sublease. Sublessor now seeks consent to enter into a sublease for the Subleased Premises with Diamond Aero Corporation (Sublessee) (Sublease). The termination of the sublease with Paul Broyles, Executor to the Estate of Steven W. Young is memorialized in that Lease Cancellation Agreement dated April 15, 2025. Sublessor and Sublessee now seek the Countys consent to the Sublease dated January 24, 2025. Additionally, the parties seek the Countys consent to the Bill of Sale between Paul Broyles, Executor to the Estate of Steven W. Young, as seller, and Sublessee, as buyer, for the hangar located on the Subleased Premises. The effectiveness of the Sublease and Bill of Sale are subject to the consent and approval by the County per Section 24 of the Lease. The proposed Consent to Sublease and Bill of Sale will not impact the terms of the Lease. The Consent to Sublease and Consent to Bill of Sale have been identified as a proposed project under the California Environmental Quality Act (CEQA) because a discretionary action by the Riverside County Board of Supervisors is required for approval. The approval of the consent to Bill of Sale and consent to Sublease will not change the existing use of the Subleased Premises, which will not result in any significant environmental impacts or include any mitigation measures.