Title
A Resolution to Establish T-Hangar Lease Rates for North Apron Units at the Foley Municipal Airport
Summary
Description of Topic: (who, what, where, when, why and how much)
Establish new lease rates for T-Hangar units that are being constructed on the north apron. These replace the units that were damaged by Hurricane Sally.
Proposed lease rates were established using an approximate sq. ft. amount for south apron units and consideration of area lease rates which are as follows:
Bay Minette - Approximate size 1,134 - $3,000/year, $250/month
Fairhope - Approximate size 1,134 - Old units - $3,600/year, $300/month New Units - $4,440/year, $370/month
Gulf Shores - Old units (40'x30') - $5,400/year, $450/mnth New Units (40'x40') - $8,400/year, $700/month
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 Pro...
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