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• Notify individuals without valid leases to remove all property from hangars within ninety <br />(90) days, or execute a new lease, if applicable. <br />• Notify individuals in violation of requirements regarding aeronautical usage and activity <br />that they are in default, and initiate the thirty -day (30) cure period, after which leases <br />shall be terminated. <br />• Require all tenants who have not executed and complied with the current standard city <br />hangar lease (as amended on March 11) to execute a new lease within thirty (30) days, or <br />be in default. <br />BUDGET: Should generate a small amount of additional revenue. <br />RECOMMENDATION: Approve recommended changes regarding city -owned hangar leases. <br />