HomeMy Public PortalAboutAB 23-233 Hangar 563 Terminate Jorgensen Trust Lease - New Lease Jahn Trust
McCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 23-233
Meeting Date December 14, 2023
AGENDA ITEM INFORMATION
SUBJECT:
Request to Approve termination of Paul and Lori Jorgensen Living Trust lease and to approve new lease for The Christopher R. Jahn Trust Revocable Trust on Hangar 563
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
City Manager
Clerk
Treasurer
Community Development
Police Department
Public Works
Golf Course
COST IMPACT:
$478.43 + CPI per annum, lease term fee $50, new lease fee $300 - Revenue
Parks and Recreation
FUNDING SOURCE:
none
Airport
Originator
Library
TIMELINE:
December 14, 2023
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
Paul and Lori Jorgensen Living Trust has leased Hangar 563 since March 11, 2010. The Jorgensen’s sold the hangar to The Christopher R. Jahn Trust, which 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 1,530 square feet.
Paul and Lori Jorgensen Living Trust will sign and notarize the lease termination. Christopher R. Jahn Revocable Trust has been provided with a copy of the new 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 have 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 the Jorgensen’s lease termination and approve The Christoper R. Jahn Revocable Trust’s new lease on Hangar 563.
Attachments: Hangar 563 Lease Termination – Jorgensen, Hangar 563 New Lease – Jahn Revocable Trust, H563 location map, 500 Block Hangar Location Map, Jahn Trust Certificate, Jorgensen
Trust Certificate, Airport Minimum Standards, Rules and Regulations, and Rates and Fees
RECOMMENDED ACTION:
Approve the lease termination of Hangar 563 with Paul and Lori Jorgensen Living Trust and approve a new lease on Hangar 563 with Christopher R. Jahn Revocable Trust and authorize the
Mayor to sign all necessary documents.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION
12/17/2020
Resolution 20-23, AB 20-311, Airport Rates and Charges