HomeMy Public PortalAboutAB 20-044 Hangar Lease Assumption H524 Carey to AndersonMcCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 20-044
Meeting Date February 13, 2020
AGENDA ITEM INFORMATION
SUBJECT:
Request to Approve the Assumption of Hangar 524
Lease by Michael Anderson and terminate the
interest of David Carey 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, David Carey (ASSIGNOR) requests to assign the lease of Hangar 524 to Michael
Anderson (ASSIGNEE).
The Hangar 524 lease consists of 1,512 square ft (sf) leased at $0.301 per sf/yr. The FY 2020 ground lease
payment of $454.63 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 524 Lease by Michael Anderson and terminate the interest of David
Carey at time of closing and authorize the Mayor to sign all necessary documents.
RECORD OF COUNCIL ACTION
MEETING DATE ACTION