[{"_1":2,"_87":-5,"_88":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6638951,"mediaKeyId","2558799-d861192f8f48d36e9129fb56a6d277dc","parentId",2558799,"title","Council gives staff go‑ahead to develop \"Lincoln Speedfest\" concept at regional airport","audioSeconds",1052,"startMs",1160000,"endMs",2212000,"viewUrl","/Search/View?dp=1&key=2558799-d861192f8f48d36e9129fb56a6d277dc&start=1160&end=2212","thumbnailUrl","https://assets.pipeline.soar.com/2558799-d861192f8f48d36e9129fb56a6d277dc/thumbnail_1160000.jpg","articleUrl","/articles/6638951/Lincoln/Placer-County/California/Council-gives-staff-goahead-to-develop-Lincoln-Speedfest-concept-at-regional-airport","mediaUrl","https://secure.pipeline.soar.com/6638951-6da8306890d6d2e1569a82d31193056f/orig.mp4?Expires=1771189099&Signature=lWo2rM-KbwUD-WlVUunmIeBkqFKt50LYbZjeZULrFgD43AuKfLB6b8721O-~eQ15HGznkxbo9mXaHIz9ZnRVtjxSKA9YZKKfGSjNCDsNBd5EOi8YvitU2MR4x8GYPjggsCW5zTgmZpKlFmIn3~kHK4zZpUSuRitVYvw57RjLWblCqh3MyVb8A5uQqYKDyhTDkub~7vBwGY2RpzLBsworq5iRe6Dtuwj9OUowU8c4gY1Laz4wzvinO3ff2rIHoCGbS3JJ4ayx8ovPgm0igkmV87AmPC~7zLr-cWr8jl5i9EtllOU1mu~qI-QJ8xwMhGM1E6IruFVKf2woZL~RdTHTVw__&Key-Pair-Id=KUT5TJCACFTXG","author","City of Lincoln","date","2025-03-12T02:56:03.347Z","article","Councilors discussed a conceptual proposal to host a pilot racing event called \"Lincoln Speedfest\" at Lincoln Regional Airport and gave direction to staff to continue planning and due diligence rather than taking immediate formal action.

City Manager Sean introduced the idea and said the event was intended to diversify airport revenue and community engagement following success with the revived Wings & Wheels event. He described the pitch brought forward by two off‑duty police officers and Council Member Pearl that the airport's longer runway (about a half‑mile to a mile in the transcript) could host a different type of racing event and attract out‑of‑county visitors.

Police officers Rogers and Parsons, who helped design the concept, provided background during council discussion and emphasized safety planning and coordination with existing event protocols. \"We're not totally reinventing the wheel,\" one staff member said, noting experience from Wings & Wheels would carry over.

Council members and staff discussed potential concerns including runway wear, insurance and FAA requirements. City staff reported outreach to other airports that host similar events and said most reported little structural damage beyond rubber residue that could be cleaned. Council Member Pearl and staff projected the pilot could raise net revenue—possibly into six figures in conservative and best‑case scenarios—if run correctly; staff proposed that revenue net of costs be reinvested into airport capital projects such as runway or taxiway repairs, slurry sealing, or landscaping.

Public commenters and an attendee with prior experience running similar events advised the council of hidden costs and safety and surface conditions that can limit operations as speeds and vehicle classes change. Council members asked specific operational questions including rolling starts versus burnouts and the possible deterrent effect on illegal nighttime drag racing. The police chief cautioned against overoptimism on behavior change.

Council did not take a formal vote but gave staff a tacit direction to proceed with further planning, outreach and regulatory review and to return to council if the project encounters insurmountable obstacles or when staff needs formal approvals. Council members said safety would be the top priority and that initial planning should include insurance, FAA coordination, vendor and promoter options, and a pilot event schedule that minimizes disruption to airport operations.

Next steps described by staff: further due diligence on insurance and FAA requirements, testing pavement condition for high‑speed runs, confirming vendor/promoter partnerships (including companies that can stage and manage events), and building a budget and safety plan before any pilot event is scheduled. Staff estimated that, because the city already runs Wings & Wheels, much of the marketing and vendor contacts exist and a pilot event could be feasible with additional targeted work.","mediaType","Video","parentTitle","Regular City Council Meeting","oneSentenceSummary","Councilors gave staff a nonbinding green light to pursue planning and due diligence for a proposed \"Lincoln Speedfest\" — a runway car‑racing pilot event at Lincoln Regional Airport — with staff and police outlining safety protocols and revenue potential; no formal vote was taken.","taxTitle","Lincoln, Placer County, California","taxId",58046,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6638957,"Council approves ground lease with Executive Hangars of Lincoln for new airport hangars",1154,0,1154000,"/Search/View?dp=1&key=2558799-d861192f8f48d36e9129fb56a6d277dc&start=0&end=1154","https://assets.pipeline.soar.com/2558799-d861192f8f48d36e9129fb56a6d277dc/thumbnail_0.jpg","/articles/6638957/Lincoln/Placer-County/California/Council-approves-ground-lease-with-Executive-Hangars-of-Lincoln-for-new-airport-hangars","https://secure.pipeline.soar.com/6638957-548f498c966b871116e964e47b0944fa/orig.mp4?Expires=1771189099&Signature=hyxELlmbipChXhjItn-lv78lScQ4h51rXZGZPXiGWUQpBA-cosnO6PUBuSfFwERDvapc9mXTQnvW-C7aN0D1OMRgupGdPJZFeH7zxds-NGH3rwiJcVHPTGDB~cKi-AL4~lWsPyWKxFjs5IIETlexgBnvmr8U~EXAo01n4g-3XP06~MMluAhsDVugz0bxeNcCV3cYxe8Q16nz6M~Xklbcb9wLvzJSg~DQJ2Wt-vduyYwZHyHMB6CgKOeFOJhF04df8RWvDf~X60dKur4y~ApEqLOj9S7TL7k1nm9rmq8-JtiRP4zotTgL67MipgIth0MpVIZVWjMrkd2RaD1Y4-uL1A__&Key-Pair-Id=KUT5TJCACFTXG","City Manager Sean presented a proposal authorizing the city manager to enter into an airport ground lease agreement with Executive Hangars of Lincoln LLC, a veteran‑owned company, to allow private construction, operation and management of new hangars at Lincoln Regional Airport.

The lease covers private development of 48 T‑style hangars and 20 larger 50-by-60 box hangars. City staff said the project would expand the airport's hangar portfolio by roughly 30 percent and is expected to drive additional fuel sales. “What you have in front of you is a lease, an agreement, with Executive Hangers of Lincoln, a veteran owned company that is, seeking to sort of effectuate, an award of an RFP that occurred in the fall of 20 23 for the construction, operation and management of privately owned aircraft hangars at the at our airport,” City Manager Sean said.

City staff described the business model as city ground lease revenue plus increased fuel sales from greater tenancy. City staff member Nida said the lease term is 40 years with an automatic 10‑year extension if the tenant remains in good standing, and noted provisions allowing subordination for financing, an annual escalator, market adjustments and possible common‑area maintenance charges. “This lease has really been a collaboration between, city staff, Etc Bar, and, supported very wholeheartedly by the airport committee,” Nida said.

Staff provided financial estimates to the council. The ground rent in the agreement is roughly $60,000 per year, and staff estimated an uplift in fuel sales of about $261,000 annually if the new hangars generate approximately 60,000 gallons a year of avgas; they cautioned that jet fuel sales would generate a larger margin and could yield additional revenue beyond the floor estimate. Sean described the calculation as a conservative floor and said the project could add about 12 percent to the airport's budget depending on fuel mix.

Ed, the project lead for Executive Hangars of Lincoln LLC, spoke in support of the proposal and described coordination with federal and local permitting bodies, including the FAA and the U.S. Army Corps of Engineers. “I've made so many friends, so many, just incredible. At the city level, everybody is working really, really diligently and very hard on this project,” Ed said.

One public commenter, Darla, told the council she supported the project as a way to reduce the annual subsidy the city currently provides to the airport. “I'm for it. Because every year, this town has been sponsoring that airport, and we get nothing in return,” she said.

Council action: A motion to authorize the city manager to enter the ground lease was moved and seconded. Roll‑call responses captured in the transcript show Mayor Pro Tem Brown voting yes, Council Member Reedy voting yes and Council Member Mary Andreatta voting yes; the transcript does not record the full roll call or other members' votes. The motion was approved as recorded.

Council and staff said construction could begin this summer if the agreement is executed; staff described an initial underground and concrete phase followed by erection of steel hangar structures. City staff also noted a long waiting list for hangars at the airport—between about 100 and 150 people—indicating local demand.

The lease includes a reversion concept: at the end of the lease term the city would take ownership of physical structures constructed by the tenant unless other arrangements are made. Staff told the council that reversion and the length of lease terms were discussed during negotiation and that long terms are common in comparable airport hangar arrangements to enable private financing.

Councilors expressed support and asked technical questions about lease length, runway impacts and safeguards. Staff noted that the agreement allows the tenant to recover construction costs through sales of individual hangars and that the tenant proposes an association model to manage tenant obligations.

The council approved the authorization to execute the ground lease; staff will return with final contract documents and any subsequent ministerial approvals needed to begin construction.","City council authorized the city manager to execute a ground lease with Executive Hangars of Lincoln LLC for construction of 68 hangars at Lincoln Regional Airport; the privately financed project is expected to increase fuel sales and add roughly 30% more hangar capacity.","actionData","errors"]

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Council gives staff go‑ahead to develop "Lincoln Speedfest" concept at regional airport

Council approves ground lease with Executive Hangars of Lincoln for new airport hangars