Title
A Resolution Approving the Lease of Half-Size T-Hangar Units at the Foley Municipal Airport and Establishing a Lease Rate
Summary
Description of Topic: (who, what, where, when, why and how much)
The T-Hangar Units on the South Apron have a half-size unit on each end for a total of 4 units. There have been recent inquiries by individuals who are interested in leasing a unit of this size for the purpose of housing various types of small aircraft or utilizing the unit for the construction of an aircraft. I am asking for approval to lease these units on an as needed basis and establish a lease rate. A full-size unit on the south apron leases for $300 per month or $3,600 per year. It is suggested that the lease amount for the half-size unit be $150 per month or $1,800 per year. The lease of these units would bring in additional revenue but may not be a continuous source of revenue because the limited size will only accommodate specific aircraft.
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 Dep...
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