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SUMMARY OF CURRENT HANGAR LEASES - COX FIELD AIRPORT <br />LESk7EE <br />. INk7TRUMENT . <br />. E~FECT OF . <br />. TERM. <br />. O~~~~~ <br />~~TAL . <br />"O~~~ <br />HA~GAR <br />GEI?IERAfh <br />_ FIRE <br />' <br />INSTRUMENT <br />' <br />' <br />I,]ABII,]TY <br />MSIIRANCE <br />I[~S[IRAt~iCE <br />REQllIltED? _ <br />RE1'Ufi€I3'A~~ <br />~ERM <br />Loma Alto Corporation (Ferguson) and Russell Gifford (HANGAR D- T-Hangar) <br />F. Andrew Fasken, Harley Wagnon, <br />Lease Agreement <br />25 years <br />NIA <br />$1.00 <br />6,550 sf <br />$100,0001 <br />No <br />N/A <br />and Loma Alto Corporarion <br />3I12179 <br />8/1179 - 7/31/04 <br />Construct <br />$300,0001 <br />Hangar <br />$10,000 <br />Assignment of Lease <br />Partitioned hangar and <br />1/20/81 <br />assigned a portion to Rich <br />Brock (Fasken/Wagnon - <br />north hanger; Brock - center <br />hangar; Loma Alto - south <br />hangar) <br />Addendum Number <br />Changed insurance <br />$250,0001 <br />No <br />One <br />requirements <br />$500,0001 <br />6I10191 <br />$100,000 <br />Assignment of Lease <br />FaskenlWagnon assigned <br />4I16193 <br />north hangar to Billy and <br />Donna Winters <br />Addendum Number <br />Eatended lease term on <br />30 years <br />5 years <br />$150lmonth <br />Two <br />north hanger; provided an <br />8/1179 - 7/31/09 <br />8I1/09 - <br />beg. 8/1/04 <br />9I13193 <br />option; provided for lease <br />7131/14 <br />payments during option <br />Contract of Sale <br />Jesse L. Wintermute sold <br />7I20194 <br />center hangar to Russell <br />Gifford (neither assignment <br />to Wintermute nor sale to <br />Gifford was brought to the <br />Council) <br />Page 1 of 5 <br />