AGENDA CAPTION:
Title
Consider approval of Resolution 2017-86R, approving the terms and conditions of an Airport Facility Lease agreement for non-commercial use of city-owned aircraft hangars; authorizing the City Manager to execute said lease agreements on behalf of the City; and declaring an effective date.
Body
Meeting date: May 16, 2017
Department: City Manager Office, Steve Parker, Assistant City Manager via Texas Aviation Partners
Funds Required: N/A
Account Number: N/A
Funds Available: N/A
Account Name: N/A
CITY COUNCIL GOAL:
COMPREHENSIVE PLAN ELEMENT(s): [add the Plan elements and Goal # and Objective(s)]
BACKGROUND:
At the end of a long-term ground lease, hangars revert in ownership to the City. These hangars are simple “box” style facilities that are not conducive to commercial use based on their location and lack of bathroom and office facilities.
If the previous occupant desires to continue leasing the facility, this non-commercial facility lease would be utilized. The rate would be $1.80 per square foot per year based on the footprint of the facility and the term would not exceed five years.
The attached form would be used for such leases and would be executed by the City Manager or his/her designee. All commercial business leases would still continue to come back to the City Council for approval.