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Airport Advisory Board August 21,2001 Page 2 square feet for 30 year terms; over 20,000 square feet would be negotiable. Option: Council accepted the recommendation of the Advisory Board that there be no options in new lease agreements and the City would seek competitive bids for the next primary term of the hangar, and based on those bids, the tenant who had originally built the hangar and was then in the hangar would have the opportunity to exercise, within thirty (30) days, a right of first refusal. Should plans for hangars go through the City's typical building plan review process: Council accepted the Advisory Board's recommendation that all hangars go through the City's building plan review, including permits, fees and that standards specific to hangars be developed. Should special consideration be given in hangar leases which are used for business or economic development purposes in contrast to purely personal use? What should those considerations be? The city's a current lease does not prohibit living quarters per se, and some people live in the hangars. Should future leases allow this? Council accepted the recommendation of the Advisory Board that future leases prohibit tenants from living in the hangar or having full living quarters in the hangar. However, such items as a sink, bathroom, or associated facility to allow temporary over-night stay or perhaps social use of a portion of the hangar was recommended. The business or economic development of hangars was better left to incentives from the Paris Economic Development Corporation. Should there be a specific beginning and end date for construction of private hangar? The Council accepted the Advisory Board's recommendation that each lease require the construction of the hangar to be completed with