Title
Department of Transportation recommending the Board:
1) Make findings that the following County of El Dorado Airport Ground Lease for Portable Hangars meet the intent of Board of Supervisors Policy F-5, Category C; and
2) Authorize the Chair to sign the following County of El Dorado Airport Ground Lease for Portable Hangars:
a) No. 11-53179 for Hangar Space No. TP-09 with Corenna S. Pierce in the amount of $720 per year for ten years with additional two ten-year lease options;
b) No. 11-53180 for Hangar Space No. SP-02 with Corenna S. Pierce in the amount of $636 per year for ten years with additional two ten-year lease options;
c) No. 11-53181 for Hangar Space No. SP-19 with Jack E. Pierce in the amount of $636 per year for ten years with additional two ten-year lease options; and
d) No. 11-53182 for Hangar Space No. SP-23 with Jack E. Pierce in the amount of $636 per year for ten years with additional two ten-year lease options, all 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 will receive revenue of $2,628 per year for Single and Twin "T" hangars 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 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 (BOS) Policy F-5 states, "the request by any person for ownership interest in more than two leases shall req...
Click here for full text