HomeMy Public PortalAboutAB 22-282 Hangar 535 Robert D. Cox Lease Termination and New Lease Neil James
McCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 22-282
Meeting Date November 3, 2022
AGENDA ITEM INFORMATION
SUBJECT:
Request to Approve Termination of Robert D. Cox Lease on Hangar 535 and New Lease on Hangar 535 for Neil and Angela James
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
City Manager
Clerk
Treasurer
Community Development
Police Department
Public Works
Golf Course
COST IMPACT:
$484.66 + CPI per annum, lease term fee $50, new lease fee $300
Parks and Recreation
FUNDING SOURCE:
none
Airport
Originator
Library
TIMELINE:
November 3, 2022
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
Robert D. Cox has leased Hangar 535 since November 18, 2018. Mr. Cox sold the hangar to Neil and Angela James. Neil and Angela James would like a new lease.
The 2020 Airport Rates and Charges Resolution sets the lease rate at $.3127 per square foot per annum. The hangar is 1,550 square feet. A CPI adjustment will occur retroactively for
October 1, 2022 and will be invoiced at the newly calculated rate when annual hangar invoices are issued in November.
Mr. Cox has signed and notarized the lease termination. Neil and Angela James have been provided with a copy of the current lease, current Airport Rules and Regulations, and Airport
Minimum Standards. The City Clerk will record the document and keep a copy for the City’s records. Staff has requested a $50 lease cancellation fee and a $300 new lease fee. The lease
termination and the new lease have been reviewed by the City Attorney. The Airport Advisory Committee has reviewed the request and recommends that the City Council approve Mr. Cox’s
lease termination and approve Neil and Angela James’ new lease on Hangar 535.
Attachments: Hangar 535 Lease Termination – Cox, Hangar 535 New Lease – James, H535 location map, H353 Bill of Sale, H535 COI, Airport Minimum Standards, Rules and Regulations, and Rates
and Fees
RECOMMENDED ACTION:
Approve termination of Robert D. Cox lease for Hangar 535 and approve Neil and Angela James’ new lease on Hangar 535 and authorize the Mayor to sign all related documents.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION
12/17/2020
Resolution 20-23, AB 20-311, Airport Rates and Charges