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.
On September 1, 2000, the County obtained ownership of the aircraft hangars and shelters, pursuant to the terms of the above lease.
On February 13, 2007, Contra Costa County Board of Supervisors approved the new Large Hangar Lease Agreement for use with the larger East Ramp Hangars.
On February 3, 2008, Contra Costa County Board of Supervisors approved the amended T-Hangar Lease Agreement which removed the Aircraft Physical Damage Insurance requirement. The new amended T-hangar Lease Agreement will be used to enter into this aircraft rental agreement.
On January 10, 2017, Contra Costa County Board of Supervisors approved a hangar rental agreement with Full Reef, LLC for a Large T-Hangar at Buchanan Field Airport effective December 15, 2016. Full Reef, LLC subsequently filed a name change with the Secretary of State of California to Golden Gate Aviation, LLC, which is now in effect. As such, a new hangar rental agreement will be executed to reflect this name change.
A negative action will cause a loss of revenue to the Airport Enterprise Fund.