File #: 24-0085    Version: 1 Name: Approval of a contract for Whisper Aero hangar lease
Type: Contract Status: Regular Agenda
File created: 2/29/2024 In control: Call for Special Meeting
On agenda: 3/5/2024 Final action: 3/5/2024
Title: Approval of a contract for Whisper Aero hangar lease
Attachments: 1. Whisper Aero Lease

Title

Approval of a contract for Whisper Aero hangar lease

 

Body

SUMMARY: A hangar is being built at the Crossville Memorial Airport for Whisper Aero.

The following terms for the hangar have been discussed by the City Manager and Whisper Aero’s Mark Moore:

                     Duration 20 + 10

                     Insurance

                     Rent $2,000/month

                     Utilities

                     Sub lease / Partnerships

                     Termination notice of 90 days

 

This will be retroactive approval of the 30 day public notice.

 

BUDGET ACCOUNT:

 

Recommended Action

NECESSARY COUNCIL ACTION: approve contract