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2. Presentation by Paris Area Aviation Council (PAAC) for final review of hangar rental fees: Johnny Bell summarized the PAAC survey of Oklahoma and Texas airports (see attached chart). The survey results showed a wide range of fees and services as well as a scarcity of open T- Hangars, especially recently constructed. Methods of determining; rental fee rates were again dis- cussed. Mr. Moseley stated that his original position that rental fees should pay the construction cost of the hangars over a 15 to 20 year period was unchanged. How- ever, whether the present rate was set at $45 or at X35 /mo.. didn't matter, as long; as rates are reviewed yearly and increased so as to pay for the hangars over the amortization period. Or. Ondrovik agreed.. Mr. Moseley moved: That the Airport Board recommend to the City Council that the open T- Hangar rental rate be reset to *35 per month and reconsidered on a yearlybasis be the Board : Dr. Ondrovik seconded the motion, and it carried 3 to 2 with Mr. O'Brien and Mr.,Mallison opposi.ngr. This motion was called out of order by Chairman Rex so as to consider Mr. O'Brien's preceding motion: That open T- Hangar rental_ fees remain unchanged at 'V-15/ mo_t Mr. Mallison sec - onded the motion and it was den . P 3 -2 with Mr. lbMoselv_� Dr. Ondrovik and Chairman Rex opposing._. Mr. Moseley again moved: That the Airport Board recommend to the Citv Council that the open- - Hangar rental rate be reset to mo. and reconsidered on a yearly basis by the Board. Dr. Ondrovik again seconded the motion, and it carried 3 to 2 with Mr. O'Brien and Mr. Mallison opposing. New .Business: 1. Discuss 1ettinp-• out bids on the three old tin hangars: Theoard considered the costs (both in dollars and time) to the city for advertising to let bids and also the offer by_PAAC members to assist in tearing down the old hangars. Allie O'Brien made a motion, seconded by T. D. Mallison, that: PAAC ba Granted aut ority to Jear down three old tin T- Hangars Lvi.th proceeds to go to Pilots' Lounge. The vote was unanimously approved..