Title
Community Development Agency, Administration and Finance Division, recommending the Board authorize the Chair to execute Airport Ground Lease Agreement 118-L1411 with Scott Herring for Hangar Space H-07 at Georgetown Airport including construction of improvements, for a 10 year initial term, with additional two 10 year lease options, subject to review and minor modification by County Counsel and Risk Management.
FUNDING: Airport Enterprise Fund.
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Fiscal Impact/Change to Net County Cost
The County will receive $1,584 annually (current rate) for a period of ten (10) years, with option for two (2) term extensions of ten (10) years each.
Background
Mr. Scott Herring desires to construct a fifty feet (50') by sixty feet (60') permanent aircraft hangar at the Georgetown Airport in coordination with a similar hangar proposed by Mr. Richard Terkeurst at Hangar Space H-08. The locations of both hangars are consistent with the airport layout plan approved by the Federal Aviation Administration (FAA). Upon completion of the construction the hangars will be privately owned, but will be placed on County owned land.
Reason for Recommendation
In accordance with County Ordinance Code ยง3.08.021, airport users with hangars must enter into a lease with the County for the use of Airport property. The County has entered into Land Use Agreements for the construction and use of portable hangars. This agreement is similar to those previously approved for placement of portable hangars, but includes provisions to address construction of a permanent hangar.
Board of Supervisors Policy F-5 Airports - Hangar Site Allocation requires an application for the lease of the site prior to construction of a hangar. Mr. Herring submitted such a request. Agreement 118-L1411 provides the ground lease for Hangar Space H-07 including the improvement, with construction of the hangar subject to approval by the County of El Dorado, Community Development Agency, Development Services Di...
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