Loading...
HomeMy Public PortalAboutAB 19-131 Lease Hangar 533McCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, Idaho 83638 Number AB 19-131 Meeting Date June 13, 2019 AGENDA ITEM INFORMATION  SUBJECT: Request to Approve a new lease for Hangar 533 by Joanne Miller, and terminate joint interest in the lease at Time of Closing Department Approvals Initials Originator or Supporter   Mayor / Council     City Manager     Clerk     Treasurer     Community Development     Police Department     Public Works     Golf Course    COST IMPACT:  Parks and Recreation    FUNDING SOURCE:  Airport  Originator    Library    TIMELINE:  Information Systems      Grant Coordinator    SUMMARY STATEMENT: Johnny and Joanne Miller wish to terminate their existing lease of Hangar 533 grounds and create a new lease with Joanne Miller the sole lessee. The FY19 lease rate was $.41/sq ft covered ground. This leasehold has 1,530 sq ft covered ground making the lease amount $633.00 The rate for a new lease in FY 19 is $.312 making the payment $489.60. The prorate due to the new lease rate will be deducted from the FY20 bill. This lease assumption was assessed a $200 processing fee. Attachment: Lease  RECOMMENDED ACTION: Approve the lease of the Hangar 533 by Joanne Miller, terminate joint interest of Johnnie and Joanne Miller in the lease at time of closing, and authorize the Mayor to sign all necessary documents.  RECORD OF COUNCIL ACTION  MEETING DATE ACTION