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Department of Transportation recommending the Board consider the following:
1) Approve the termination of the County of El Dorado Airport Ground Lease for Portable Hangars No. 09-52872 dated April 13, 2010 with Al Hamilton for Hangar Space No. TP-15; and
2) Authorize the Chair to sign the County of El Dorado Airport Ground Lease for Portable Hangars No. 12-53428 for Hangar Space No. TP-15 with Richard A. Wampach in an amount of $720 per year for ten years with two additional ten-year lease options, located at the Placerville Airport. (4/5 vote required per Ordinance Code §3.08.021)
FUNDING: Placerville Airport Enterprise Fund - Fee Revenue.
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Fiscal Impact/Change to Net County Cost:
The County will receive revenue of $720 per year for a Twin "T" 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 §3.08.021. The Department of Transportation (Department) is requesting the County of El Dorado Airport Ground Lease for Portable Hangars No. 09-52872 be terminated with the former tenant who sold his interest in the hangar to a new owner.
Department staff requested the new tenant enter into a new County of El Dorado Airport Ground Lease for Portable Hangars (Lease Agreement). Ground lease assignment fees have been paid and staff verified that a Change of Ownership Statement has been provided to the County Assessor's Office by the Lessee.
Action to be taken following Board approval:
1. The Board Chair will sign the two originals of the Lease Agreement.
2. The Clerk of the Board will return one fully executed original of the Lease Agreement to the Department for transmittal to the Lessee.
Contact:
Robert S. Slater, P.E.
Assistant Director of Transportation
Concurrences: County Counsel and Risk Management