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Department of Transportation recommending the Board authorize the Chair to sign the County of El Dorado Airport Ground Lease for Portable Hangars No. 11-53178 for Hangar Space No. H-1 with Leonard Miller, DBA Aero Marine Ltd., in an amount of $943 per year for ten years with additional two ten-year lease options, located at the Placerville Airport. (4/5 vote required)
FUNDING: Placerville Airport Enterprise Fund - Fee Revenue.
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Fiscal Impact/Change to Net County Cost:
The County will receive revenue of $943 per year for a rectangular hangar at the Placerville Airport. The price per unit is set by Resolution 097-2010.
Reason for Recommendation:
Airport users with portable hangars must enter into a lease with the County for the use of Airport property in accordance with Ordinance Code Section 3.08.021. The Department of Transportation (Department) is requiring that tenants whose leases are being renewed enter into the new County of El Dorado Airport Ground Lease for Portable Hangars (Lease Agreement). The new Lease Agreement contains the contractual language that is now required by the Federal Aviation Administration and the County. This language was approved by the Airport Committee and the Board on August 18, 2009.
Action to be taken following Board approval:
1. The Board Chair will sign the two originals of the Lease Agreement.
2. The Board Clerk will return one fully executed original of the Lease Agreement to the Department for transmittal to the tenant.
Contact:
Robert S. Slater, P.E.
Assistant Director of Transportation
Concurrences: County Counsel and Risk Management