HomeMy WebLinkAboutMINUTES - 11071989 - 1.11 TO: BOARD OF SUPERVISORS
FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR
DATE: NOVEMBER 7, 1989
SUBJECT: RENT REVALUATION - MILLION AIR
Specific Request(s) or Recommendation(s) & Background &
Justification
RECOMMENDED ACTION:
APPROVE rent increases with Million Air as recommended by the
Public Works Department.
FINANCIAL IMPACT:
Million Air West facilities' ground rent will be increased from
$5625 per year to $7031 . 25 per year. Million Air East will be
increased from $1130 per month to $1500 per month.
REASONS FOR RECOMMENDATION/BACKGROUND:
The ground r�nt at Million Air East is being increased by the
maximum allowed in accordance with the lease (25%) . In addition
to the ground rent, the Airport receives apercentage of the
business donee for fuel and concessions . The Million Air West
facilities are paying ground rent only on a month-to-month basis .
Cont'd on att chment: yes Signature-
I,
Recommendation of County Administrator
Recommendation of Board Committee
Approve Other:
Signature(s) :
Action of Board on: NOV 7 1989
Approved as Recommended_ Other
Vote of Supervisors: I HEREBY CERTIFY THAT THIS IS
A TRUE AND CORRECT COPY OF AN
Unanimous (Absent IM ACTION TAKEN AND ENTERED ON THE
Ayes: Noes: MINUTES OF THE BOARD OF
Absent: Abstain: SUPERVISORS ON DATE SHOWN,
Orig.Div.-Airports Attested NOV 7 1989
cc: County Administrator Phil Batchelor, Clerk of the
Public Works Director Board of Supervisors
Public Works Accounting and County Administrator
Auditor-Controller
Aviation Advisory Com. By L_,a2jlai
Deputy Clerk
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