HomeMy Public PortalAboutAB 20-035 Hangar Lease Assumption H208BMcCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 20-035
Meeting Date February 13, 2020
AGENDA ITEM INFORMATION
SUBJECT:
Request to Approve the Assumption of Hangar
208B Lease by Toby Ashley and Terminate the
Interest of Hugh McNair at Time of Closing
Department Approvals Initials
Originator
or
Supporter
Mayor / Council
City Manager
Clerk
Treasurer
Community Development
Police Department
Public Works
Golf Course
COST IMPACT: $200 transaction fee revenue Parks and Recreation
FUNDING
SOURCE:
Airport Originator
Library
TIMELINE: Information Systems
Grant Coordinator
SUMMARY STATEMENT:
Hugh McNair (ASSIGNOR) requests to assign the lease of Hangar 208B to Toby McNair (ASSIGNEE).
The Hangar 208B lease consists of 7,850 square feet of bare ground leased at $0.136 per sf, and 6,400 sf of
covered ground leased at $0.272 per sf annually. The FY 2020 total lease payment of $2,806.03 has been
paid through September 30, 2020.
Mr. Ashley has been provided with a copy of the current lease, current Airport Rules and Regulations, and
the Airport Minimum Standards.
The City Clerk will record the document, and keep a copy for the City’s records. We have requested a $200
transaction fee as a part of this process. The assumption is attached.
RECOMMENDED ACTION:
Approve the Assumption of Hangar 208B Lease by Toby Ashley, terminate the interest of Hugh McNair at
Time of Closing, and authorize the Mayor to sign all necessary documents.
RECORD OF COUNCIL ACTION
MEETING DATE ACTION