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HomeMy Public PortalAboutAB 11-081 Wooten Hangar Lease RenewalMcCALL CITY COUNCIL AGENDA BILL Number Meeting Date AB 11-81 May 12, 2011 216 East Park Street McCall, Idaho 83638 AGENDA ITEM INFORMATION SUBJECT: Hangar 207 Lease Renewal Department Approvals Initials Originator Or Supporter Mayor / Council City Manager Clerk Treasurer Community Development Police department Public Works Golf Course COST IMPACT: None Parks and Recreation FUNDING SOURCE: N/A Airport Library TIMELINE: Lease renewal 20 years per agreement Information Systems Grant Coordinator SUMMARY STATEMENT: The first 20 years of the attached lease was up on April 30, 2011. Tom Wooten signed the attached Lease Renewal on April 22, 2011. The lease fee will increase from $1,695.25 this year to $4,987.50 next year. This lease occupies two lots, and is therefore more expensive than many. A few lease renewals will come up each year for the next several years. RECOMMENDED ACTION: Approve the lease renewal for Tom Wooten, Hangar 207 and authorize the Mayor to sign all necessary documents. RECORD OF COUNCIL ACTION MEETING DATE ACTION