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HomeMy Public PortalAboutAB 18-330 Hangar Lease 204 HedgeMcCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, Idaho 83638 Number AB 18-330 Meeting Date December 13, 2018 AGENDA ITEM INFORMATION  SUBJECT: Request to Approve the Lease for Hangar 204 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 204, Michael Anderson is in the process of selling to Robert John Hedge. The purchaser has been provided with a copy of the current lease, current Airport Rules and Regulations, and Airport Minimum Standards. The annual lease rate is $.31 per square foot for a 7,125 sq. ft. leasehold ($2208.75). FY 2018 lease invoice was $1,516.41 The City Clerk will record the document, and keep a copy for the City’s records. Staff has requested a $200 transaction fee as a part of this process.  RECOMMENDED ACTION: Approve the lease of the Hangar 204 by Robert John Hedge, terminate Michael Anderson’s interest in the lease at time of closing and authorize the Mayor to sign all necessary documents.  RECORD OF COUNCIL ACTION  MEETING DATE ACTION