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HomeMy WebLinkAbout164-15 RESOLUTION113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 Resolution: 164-16 File Number: 2015-0404 2015-2016 T -HANGAR LEASE AGREEMENTS: A RESOLUTION TO APPROVE T -HANGAR LEASE AGREEMENTS IN 2015 AND THROUGH 2016 AT THE CURRENT RENTAL RATE OR AS ADJUSTED UPWARD BY THE AIRPORT BOARD FOR ALL T -HANGARS RENTED AT THE FAYETTEVILLE EXECUTIVE AIRPORT WHEREAS, the City constructed T -Hangars at the Fayetteville Executive Airport to serve pilots based at out airport and provide revenue to the City's Airport Services Division so that it has not had to be subsidized from the City's general revenues as other City Departments are funded; and WHEREAS, the Airport Board, working with the Airport Services Division, has set the reasonable rental rates for all such T -Hangar rentals for many years; and WHEREAS, it is appropriate for the City Council to approve numerous standard lease agreements for the T - Hangars as a group in 2015 through 2016. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section l: That the City Council of the City of Fayetteville, Arkansas hereby approves all T -Hangar leases in the standard form and for the existing amount, or an increased amount as established by the Airport Board, that come up for renewal or begin in 2015 through 2016 and authorizes Mayor Jordan or his designee to execute the T -Hangar leases. PASSED and APPROVED on 9/15/2015 Page 1 Printed on 9/17/15 File Number 2015-0404 Page 2 164-15 Approved: Attest: i,1 M NO! Lioneld Jon, M�ior Sondra E. Smith, City Clerk Treasurer Page 2 Printed on 9117115 City of Fayetteville, Arkansas 113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 u Text File File Number: 2015-0404 Agenda Date: 9/15/2015 Version: 1 Status: Passed In Control: City Council Meeting File Type: Resolution Agenda Number: A. 9 2015-2016 T -HANGAR LEASE AGREEMENTS: A RESOLUTION TO APPROVE T -HANGAR LEASE AGREEMENTS IN 2015 AND THROUGH 2016 AT THE CURRENT RENTAL RATE OR AS ADJUSTED UPWARD BY THE AIRPORT BOARD FOR ALL T -HANGARS RENTED AT THE FAYETTEVILLE EXECUTIVE AIRPORT WHEREAS, the City constructed T -Hangars at the Fayetteville Executive Airport to serve pilots based at out airport and provide revenue to the City's Airport Services Division so that it has not had to be subsidized from the City's general revenues as other City Departments are funded; and WHEREAS, the Airport Board, working with the Airport Services Division, has set the reasonable rental rates for all such T -Hangar rentals for many years; and WHEREAS, it is appropriate for the City Council to approve numerous standard lease agreements for the T -Hangars as a group in 2015 through 2016. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves all T -Hangar leases in the standard form and for the existing amount, or an increased amount as established by the Airport Board, that come up for renewal or begin in 2015 through 2016 and authorizes Mayor Jordan or his designee to execute the T -Hangar leases. City of Fayetteville, Arkansas Page 1 Printed on 9/18/2015 City of Fayetteville Staff Review Form Legistar File ID 9/15/2015 City Council Meeting Date - Agenda Item Only N/A for Non -Agenda Item John J Roscoe 8/27/2015 Aviation / Transportation Services Department Submitted By Submitted Date Division / Department Action Recommendation: A Resolution to approve T -Hangar Lease Agreements for the remainder of 2015 and through 2016 at the current rental rate or as adjusted upward by the Airport Board for all T -Hangars rented at the Fayetteville Airport, Drake Field. Budget Impact: NA Airport Account Number Fund NA NA Project Number Budgeted Item? NA Current Budget Funds Obligated Current Balance Project Title Does item have a cost? NA Item Cost Budget Adjustment Attached? NA Budget Adjustment Remaining Budget V20140710 Previous Ordinance or Resolution # 22-13 Original Contract Number: Approval Date: Comments: