HomeMy Public PortalAboutAB 17-295 Hangar Lease 525 SchafferrMcCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 17-295
Meeting Date December 28, 2017
AGENDA ITEM INFORMATION
SUBJECT:
Request to Approve the Termination and Establishment of a New Lease for Hangar 525
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:
The owner of Hangar 525, Michael Schaffer has requested a new lease.
The purchaser has been provided with a copy of the proposed lease, current Airport Rules and Regulations, and Airport Minimum Standards. The annual lease rate is $.30 per square foot
for a 1530 sq. ft. leasehold ($459.00). The FY17 rent was $555.83.
This is a non-commercial hangar and as such was not required to meet the Airport Advisory Committee.
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 Lease is attached.
RECOMMENDED ACTION:
Approve termination of the existing lease and subsequently approve the new lease for Hangar 525 and authorize the Mayor to sign all necessary documents.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION