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HomeMy Public PortalAboutAB 14-144 ARPT Hangar Lease Process Approval McCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, Idaho 83638 Number AB 14-144 Meeting Date July 24, 2014 AGENDA ITEM INFORMATION  SUBJECT: McCall Municipal Airport Lease Process Approval Department Approvals Initials Originator or Supporter   Mayor / Council     City Manager     Clerk     Treasurer     Community Development     Police Department     Public Works     Golf Course    COST IMPACT: N/A Parks and Recreation    FUNDING SOURCE: N/A Airport / Originator    Library    TIMELINE:  Information Systems      Grant Coordinator    SUMMARY STATEMENT: On 23 May the airport manager captured Council’s feedback regarding a proposal for revision of the airport’s non-commercial lease template. Changes to the draft lease template resulting from this feedback were subsequently presented to the Airport Advisory Committee for discussion. A presentation will be issued by the Airport Manager outlining a proposal for proceeding with approval of a lease template and a potential process for lease rate establishment and offering of new leases to hangar owners.  RECOMMENDED ACTION: Approve procurement of an appraisal, which evaluates land value, comparable airport rates, and return on investment (ROI) to recommend a fair market lease rate and seasonal tie-down rate for the airport and authorize the Mayor to sign all necessary documents. Approve a process whereby the airport manager and AAC members will seek letters of interest from airport tenants for entrance into a new lease, pending approval of a draft lease template and acceptance of a completed appraisal by Council.  RECORD OF COUNCIL ACTION  MEETING DATE ACTION