HomeMy Public PortalAboutAB 14-143 ARPT Hangar 701 Weiss to Miller
McCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 14-143
Meeting Date July 24, 2014
AGENDA ITEM INFORMATION
Department Approvals Initials Originator
SUBJECT:
or
Supporter
Mayor / Council
Hangar701 Lease Termination and Establishment
City Manager
of a New Lease
Clerk
Treasurer
Community Development
Police Department
Public Works
Golf Course
Parks and Recreation
COST IMPACT:
Airport Originator
FUNDING
Library
SOURCE:
Information Systems
TIMELINE:
Grant Coordinator
SUMMARY STATEMENT:
The owner of Hangar 701, Mike Weiss, has a sale pending and would like to request termination of the
existing lease at the time of closing with a subsequent request for establishment of a new lease to Steven
Miller. The purchaser has been provided with a copy of the proposed lease, current Airport Rules and
Regulations, and Airport Minimum Standards. Mr. Miller is a retired commercial pilot and owns a Cessna
180 (N5341G) which he intends to store in this hangar. The existing lease was entered into on February
15, 1995 for a period of 20 years and is renewable for up to four (4) additional five (5) year terms. The
proposed new lease matches these terms stipulating a period of 20 years and is renewable for up to four
(4) additional five (5) year terms. The annual lease rate will be aligned to the current rate, $.35 per square
foot for both covered area and bare ground, resulting in an annual lease fee of $4,987.50 plus the annual
CPI adjustment. Pending the Mayor’s approval and signature of the new lease, 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.
RECOMMENDED ACTION:
Approve termination of the existing lease of Hangar 701 from Mike Weiss at the time of closing and
subsequently approve the new lease for Hangar 701 to Steven Miller and authorize the Mayor to sign all
necessary documents.
RECORD OF COUNCIL ACTION
MEETING DATE ACTION