HomeMy Public PortalAboutAB 20-043 Hangar Lease Assumption H205 Anderson to CareyMcCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 20-043
Meeting Date February 13, 2020
AGENDA ITEM INFORMATION
SUBJECT:
Request to Approve the Assumption of Hangar 205
Lease by David Carey and terminate the interest of
Michael Anderson 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:
Michael Anderson (currently in Hangar 205) and David Carey (Hangar 524) have requested to switch
hangars. Therefore, Michael Anderson (ASSIGNOR) requests to assign the lease of Hangar 205 to David
Carey (ASSIGNEE).
The Hangar 205 lease consists of 9,750 square ft (sf) of bare ground and 4,500 sf of covered ground (14,250
sf total) leased at $0.108 and $0.204 sf/year, respectively. The FY 2020 ground lease payment of $1,967.59
has been paid through September 30, 2020.
The purchaser has been provided with a copy of the current lease, current Airport Rules and Regulations,
and 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 the Hangar 205 Lease by David Carey and terminate the interest of Michael
Anderson at time of closing and authorize the Mayor to sign all necessary documents.
RECORD OF COUNCIL ACTION
MEETING DATE ACTION