HomeMy WebLinkAboutMINUTES - 02031987 - 1.9 TO: BOARD OF SUPERVISORS
FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR
DATE: February 3, 1987
SUBJECT: Five Year Revaluation of Navajo Aviation Base Ground Rent
Specific Request(s) or Recommendation(s) & Background & Justification
I. RECOMMENDED ACTION:
APPROVE the increase in base rent from $3,375 per year to $4,219 per year.
II. FINANCIAL IMPACT:
The base rent will be increased for Navajo Aviation in the amount of $844 per year.
III. REASONS FOR RECOMMENDATION/BACKGROUND:
The Navajo Aviation lease provides for revaluation of the premises every five years
with a 25% cap on the total amount. The 25% increase has been applied. This will
bring the rate per square foot per year to an amount similar to the other comparable
businesses on the Airport.
Continued on attachment: yes Signature:
Recommendation of County Administrator Recommen a 6n of Board mmittee
Approve Other:
Signature(s) :
Action of Board on: FEB 3 1987 Approved as Recommended v--' Other
Vote of Supervisors I HEREBY CERTIFY THAT THIS IS A TRUE
Zunanimous
AND CORRECT COPY OF AN ACTION TAKEN
(Absent ) AND ENTERED ON THE MINUTES OF THE
Ayes: Noes: BOARD OF SUPERVISORS ON DATE SHOWN.
Absent; Abstain:
Attested B 1, 1987
Orig. Div.: Public Works (AP) Phi Batchelor
Clerk of the Board of Supervisors
cc: County Administrator and County Administrator
Auditor-Controller
P. W. Accounting
Navajo Aviation Cv%� � w >
By
Deputy Clerk
sf
BO:3.t2