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County approves new hangar leases and supports Verve Metro District maintenance agreement
Summary
County staff recommended and commissioners supported new long‑term ground lease agreements for two airport hangars and a maintenance agreement assigning upkeep of leftover Verve development tracts to the Verve Metro District; staff will return with documents for future hearings.
County staff told the Board of County Commissioners on May 20 that two private hangars at the county airport have been sold and that the purchasers will enter new long‑term ground leases, and staff recommended a maintenance agreement with the Verve Metro District for residual development parcels.
“This hangar has been sold, and so it will be entering into a new 30 year lease with a 10 year option for renewal. It will generate about $83,000 or less than $84,000 per year,” said Eric, a county staff member presenting the lease for Cutter Aviation. Staff recommended terminating the existing lease and approving a new 30‑year ground lease with a 10‑year renewal option; the board signatory would be scheduled at a future hearing.
A second hangar sale for a business identified in the briefing as Kryptonite will be handled similarly: staff recommended replacing the current lease with a new 20‑year ground lease and a 10‑year renewal option, producing “a little less than $30,000 a year,” staff said.
Separately, staff presented a proposed maintenance agreement with the Verve Metro District covering several tracts of land left from the Verve development at the airport. Under the agreement described by staff, the county would retain ownership of the ground while the metro district would perform certain improvements and maintenance such as mowing, pavement upkeep outside the roadways and slope maintenance.
Staff characterized the Verve agreement as covering ‘‘residual components of the land’’ the county will continue to own while the metro district maintains nonprivate improvements. Commissioners asked clarifying questions about how mowing and perimeter maintenance would be allocated; staff responded that county pavement and roadway areas would remain the county’s responsibility and the metro district would maintain identified blue areas and medians shown on the map in the briefing packet.
For all three items staff recommended board support and that the documents be returned for formal approval and signatures at future public hearings. Commissioners indicated support during the briefing and asked no further substantive changes; staff will bring lease documents and the Verve maintenance agreement back to the board for formal action.
