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Department of Transportation recommending the Board authorize the Chair to sign the following County of El Dorado Airport Ground Lease for Portable Hangars:
1) No. 12-53398 for Hangar Space No. SP-17 with Thomas J. and Diane M. Helldorfer in an amount of $636 per year for ten years with two additional ten-year lease options, located at the Placerville Airport; and
2) No. 12-53410 for Hangar Space No. SP-12 with Tom Hallendorf in an amount of $800 per year for ten years with two additional ten-year lease options, located at the Georgetown Airport. (4/5 vote required per Ordinance Code §3.08.021)
FUNDING: Placerville Airport Enterprise Fund - Fee Revenue and Georgetown Airport Enterprise Fund - Fee Revenue.
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Fiscal Impact/Change to Net County Cost:
The County will receive revenue of $636 per year for a Single "T" hangar at the Placerville Airport and $800 per year for a Single "T" hangar at the Georgetown 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 requiring that tenants 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.
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." The Lease provides for renewal options by giving County notice of Lessee's intention to ex...
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