HomeMy WebLinkAbout~Master - Renewal of hangar lease with Hap's Air Service RESOLUTION NO. 12-580
RESOLUTION APPROVING RENEWAL OF HANGAR LEASE WITH
HAP'S AIR SERVICE
FOR THE CITY OF AMES,IOWA
WHEREAS, the Ames Municipal Airport currently has land leases with six aircraft hangar
owners, and these land leases have been approved for five of the six; and,
WHEREAS, the lease with Hap's Air Service has a 25-year term ending in 2017, and that
rate is adjusted every five-year period of the lease term; and,
WHEREAS, the current period will expire December 31, 2012, and Hap's Air Service has
elected to renew its lease for the final five-year period using the same square-foot rate designated
by the Airport Master Plan; and,
WHEREAS, the terms are as follows:
Lease Term Annual Amount
January 1, 2013 to December 31, 2013 $ 5,278
January 1, 2014 to December 31, 2014 $ 5,422
January 1, 2015 to December 31, 2015 $ 5,565
January 1, 2016 to December 31, 2016 $ 5,709
January 1, 2017 to December 31, 2017 Is 5,853
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the hangar lease rate adjustment for the next five-year period for Hap's Air Service is hereby
approved.
ADOPTED THIS 13`h day of November, 2012.
Diane R. Voss, City Clerk Ann H. Campbell, Mayor
Introduced by: Wacha
Seconded by: Davis
Voting aye: Davis, Goodman, Larson, Orazem, Szopinski, Wacha
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 13t' day of November, 2012.