Title
Department of Transportation recommending the Board authorize the Chair to sign the County of El Dorado Airport Ground Lease for Portable Hangars No.12-53533 for Hangar Space No. H-36 with Clyde Creel and Richard Johnston in an amount of $1,373 per year for ten years with two additional ten-year lease options, located at the Placerville Airport. (4/5 vote required)
FUNDING: Placerville Airport Enterprise Fund - Fee Revenue.
Body
Fiscal Impact/Change to Net County Cost
The County fund for the Placerville Airport will receive revenue of $1,373.00 per year for a rectangular hangar at the Placerville Airport. The price per unit is set by Resolution 097-2010.
Background
Airport users with portable hangars must enter into a lease with the County for the use of the Airport property in accordance with Ordinance Code ยง3.08.021. The Transportation Department (Department) revised the Airport Ground Lease for Portable Hangars to contain language that is required by the Federal Aviation Administration and the County. This language was approved by the Airport Committee and the Board on August 18, 2009
Reason for Recommendation
Board of Supervisors Policy F-5 states: "The word "hangar" in the four categories refers to a privately owned portable aircraft storage hangar constructed by a Lessee. That Lessee has entered into or holds an interest in an Airport Land Use Agreement for Portable Hangars (Lease) with the County of El Dorado for the hangar site." Clyde Creel has sold a fifty (50%) percent interest of the rectangular portable Hangar identified as H-36 at the Placerville Airport to Richard Johnston. They are entering into a new lease agreement with the County.
Action(s) to be taken following Board approval
1) The Board Chair will sign two originals of the Lease.
2) The Acting Clerk of the Board will return one fully executed original of the Lease for transmittal to the Lessee.
Contact
Kim Kerr, Interim Director
Department of Transportation
Concurrences
Risk Management and County Counsel