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c. Airport Advisory Board Recommendation - hangars up to 5,000 square feet, <br />twenty-five (25) year terms; greater than 5,000 square feet up to 20,000 square <br />feet, thirty (30) year terms; over 20,000 square feet, negotiable. <br />City Council should consider what arrangements should be adopted for inclusion in the <br />future policy with regard to the duration of the lease. <br />2. Options. <br />a. Current Policy - provides for two (2) ten (10) year options at expiration of the <br />minimum primary term; two (2) fifteen (15) year options at the expiration of the <br />maximum primary term. <br />b. Survey - options were not encountered in a significant number of the cities <br />surveyed. <br />c. Board Recommendation - the Board recommended their be no options in new <br />lease agreements. However, the Board did recommend that at the end of the <br />initial term, the City would seek competitive bids for the next primary term of the <br />hangar, and based on those bids, the tenant who had originally built the hangar <br />and was then in the hangar would have the opportunity to exercise, within thirty <br />(30) days, a right of first refusal. <br />The City Council needs to determine whether or not options should be continued to <br />be offered as part of the lease term. <br />Should plans for the hangar go through the City's typical building plan review process. <br />a. Current Policy - is silent on this issue. <br />b. Survey - they were not included in the survey per sea, generally the information <br />indicated that all such hangars had to comply with the specific standards <br />applicable to them in each respective building code. <br />c. Board Recommendation - the Board recommended that all hangars goes though <br />the City's building plan review, including permits and fees. The Board also <br />recommended standards specific to hangars be developed. <br />The City Council needs to determine whether or not construction of hangars must be <br />in full compliance with the City's building code, and whether or not additional <br />standards should be developed for hangars. <br />-4- <br />