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11-A-2&3 Airport Report
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August 13, 2001
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11-A-2&3 Airport Report
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Last modified
9/12/2012 11:11:18 AM
Creation date
8/11/2001 1:00:55 PM
Metadata
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Template:
AGENDA
Item Number
11-A-(2)&(3)
AGENDA - Type
CITY ATTORNEY REPORT
Description
Cox Field Airport
AGENDA - Date
8/13/2001
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Private Hangars <br />Available? <br />Ground <br />Leases? <br />Graund I~ease Rental? <br />Terms of Leases <br />(Primary) <br />If Taxes Due, <br />tu 6e Faid by <br />Lessee? <br />Ownership Revert <br />tu City? When. <br />iGnds of insuranee Required . <br />Airport <br />Advisury <br />Board <br />Size <br />Make-up of Baard <br />PARiS <br />Yes <br />Yes <br />Not addressed <br />25 - 45 years, <br />Not addressed <br />During primary term <br />Liability -$250,0001$500,0001 <br />7 <br />A C T U A L: 4 <br />depending on size of <br />of lease, City is <br />$100,000 <br />members who own <br />hangar <br />required to pay a <br />planes and rent or <br />percentage of the <br />own hangars (1 of <br />value of the hangar <br />which is also the <br />u p o n 1 e a s e <br />FBO), 1 with strong <br />termination <br />interest in aviahon, 2 <br />general citizens <br />RECOMMENDED BY <br />Yes <br />~~s <br />W 12 per sf ~ear, <br />~ears if less than <br />Chose not to <br />N o <br />No insurance <br />11 <br />AI"ORT <br />adjusted every ~years <br />5,000 sf, 30 years it <br />m a k e a <br />recommendation <br />ADViSORY BOARD <br />wikh the CPI <br />5,001 sf t~ 20~000 <br />recommendatio <br />made <br />sf, n~~otiable if over <br />n <br />20,000 sf <br />' Recommended by TxDot <br />z Recommended by Airport Advisory Board <br />3 Recommended by both TxDot and Airport Advisory Board <br />Page 6 of 6 <br />
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