HomeMy Public PortalAboutAB 17-233 Lease Hangar 500McCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 17-233
Meeting Date October 26, 2017
AGENDA ITEM INFORMATION
SUBJECT:
Request to Approve the Establishment of a New Lease for Hangar 500
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:
N/A
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
Hangar 500 is pending sale. The ground the hangar is sited on has not been previously leased. The purchaser is May Rental, LLC.
The purchaser has been provided with a copy of the proposed lease, current Airport Rules and Regulations, and Airport Minimum Standards. The hangar owner currently leases space for hangar
106H which is undersized for the storage of a Cessna 182 and Piper Cub. The owner is still deciding whether to sublease or sell hangar 106H. The annual lease rate is $.30 per square
foot for a 3660 sq. ft. footprint only leasehold ($1098.00).
This is a non-commercial hangar and as such was not required to meet the Airport Advisory Committee.
The document will be recorded and a copy kept in the City’s records. A $200 transaction fee has been requested as a part of this process. The lease is attached.
RECOMMENDED ACTION:
Approve the new lease for Hangar 500 to May Rental, LLC, and authorize the Mayor to sign all necessary documents.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION