Agenda Packet - Laserfiche WebLink

Home Browse Search

Hangar No. 4 - LT Wings is proposing to construct (1) 80' x 80' hangar, hangar 4, parallel to taxiway Alpha heading north. The ground lease agreement is for a 40 -year period and for an annual payment of $1,600.00. The city will retain ownership of the land, and, as is typical with a ground lease, once it expires the city can reclaim any fixed assets remaining on the site. The FAA has approved the proposed hangar location, and the airport advisory board recommends approval of the attached ground lease with LT Wings. Hangar No. 5 - LT Wings is proposing to construct (1) 80' x 80' hangar, hangar 5, parallel to taxiway Alpha heading north. The ground lease agreement is for a 40 -year period and for an annual payment of $1,600.00. The city will retain ownership of the land, and, as is typical with a ground lease, once it expires the city can reclaim any fixed assets remaining on the site. The FAA has approved the proposed hangar location, and the airport advisory board recommends approval of the attached ground lease with LT Wings. Hangar No. 6 - LT Wings is proposing to construct (1) 80' x 80' hangar, hangar 6, parallel to taxiway Alpha heading north. The ground lease agreement is for a 40 -year period and for an annual payment of $1,600.00. The city will retain ownership of the land, and, as is typical with a ground lease, once it expires the city can reclaim any fixed assets remaining on the site. The FAA has approved the proposed hangar location, and the airport advisory board recommends approval of the attached ground lease with LT Wings. Hangar No. 7 - LT Wings is proposing to construct (1) 80' x 80' hangar, hangar 7, parallel to taxiway Alpha heading north. The ground lease agreement is for a 40 -year period and for an annual payment of $1,600.00. The city will retain ownership of the land, and, as is typical with a ground lease, once it expires the city can reclaim any fixed assets remaining on the site. The FAA has approved the proposed hangar location, and the airport advisory board recommends approval of the attached ground lease with LT Wings. Hangar No. 8 - LT Wings is proposing to construct (1) 100' x 80' hangar, hangar 8, parallel to taxiway Alpha heading north. The ground lease agreement is for a 40 -year period and for an annual payment of $2,000.00. The city will retain ownership of the land, and, as is typical with a ground lease, once it expires the city can reclaim any fixed assets remaining on the site. The FAA has approved the proposed hangar location, and the airport advisory board recommends approval of the attached ground lease with LT Wings.