RECOMMENDATION(S):
APPROVE and AUTHORIZE the Director of Airports, or designee, to execute a month-to-month hangar rental agreement with Marilyn C. Sperling and Richard A. Sperling for a T-hangar at Buchanan Field Airport effective February 1, 2012 in the monthly amount of $372.93, Pacheco area.
FISCAL IMPACT:
The Airport Enterprise Fund will realize $4,475.16 annually.
BACKGROUND:
On September 1, 1970, Buchanan Airport Hangar Company entered into a 30-year lease with Contra Costa County for the construction of seventy-five (75) hangars and eighteen (18) aircraft shelters at Buchanan Field Airport. Buchanan Airport Hangar Company was responsible for the maintenance and property management of the property during that 30-year period.
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