Title
A Resolution to Increase Current T-Hangar Rates at the Foley Municipal Airport and to Establish T-Hangar Rates for Eight New Units Currently Under Construction
Summary
Description of Topic: (who, what, where, when, why and how much)
Increase current T-Hangar rates based on survey results of other Baldwin County airports and establish rates for T-Hangar units currently under construction.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.**Request to Transfer Departmental Budget Dollars form must be attached**
____ Not budgeted requiring increase to account #___________ in the amount of $____________.**Request to Increase Departmental Budget Dollars form must be attached**
Capital - Departmental **Capital Purchase Worksheet form must be attached**
____ Budgeted under account #______________ for $_________ and described in budget as ________________________. Additional amount needed, if any: Increase in budget of $_________ OR, transfer of $________ from Account #____________ to Account #_____________**Request to Increase OR Request toTransfer Departmental Budget Dollars form must be attached**
____ Not Budgeted - account #____________ requires budget increase of $_____________.**Request to Increase Departmental Budget Dollars form must be attached**
Capital Project - **If requesting to start a project, a Capital Project Worksheet form must be attached**
In current year Capital Projects Plan:
_____ Yes, described as __________________________, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________.
_____ No, requesting an increase of $___________ to an already approved project titled ________________________ that is being tracked under Account No. ___________________.
Body
WHEREAS, T-Hangar rates have not increased since June of 2011, and
WHEREAS, a recent survey of nearby airports (Gulf Shores, Fairhope and Bay Minette) was conducted to compare rates, and,
WHEREAS, rates need to be established for eight new T-Hangar units that are currently being constructed and will be ready to lease in the fall of 2019 if there are no construction delays,
WHEREAS, an annual increase of $500 per unit is proposed, changing the annual T-Hangar lease amounts as noted below:
Current Proposed
Small Hangars (#1-16) $2,300 $2,800
Large Hangars (#17-24) $2,800 $3,300
Large Hangars (#25-40) $3,100 $3,600 (Includes eight new units identified as #33 through #40)
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Accepts the new T-Hangar rates as noted above.
SECTION 2: Accepts the rate of $3,600 per year as the lease amount for the eight (8) T-Hangar units currently being constructed and identified as T-Hangars #33 through #40.
SECTION 3: This Resolution shall become effective immediately upon its adoption as required by law.