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Enid airport director proposes modest hangar rate increases, outlines hangar expansion plans
Summary
Airport staff proposed increasing city-owned hangar rents by 1¢ per square foot per month and adjusting land-lease rates; the airport is at near-100% occupancy with a 30–40 person wait list and has completed eight new south-ramp hangars paid with federal grants.
City airport staff proposed modest rate increases for Enid Woodring Regional Airport’s city-owned hangars during a study-session presentation, and outlined completed and planned hangar construction to address a long wait list.
Kaston, the airport director, told the Mayor and Board of Commissioners that the proposal would raise monthly hangar rents by 1 cent per square foot for city-owned hangars, and adjust land-lease charges (the presenter said the correct land-lease rate is 17 cents per square foot per year). The airport generates roughly $260,000 a year in hangar rental revenue and about $68,000 a year from land leases (the presenter said the land-lease total includes some agricultural land). The increases would produce about a 6.6% average rise in rates, below a roughly 12% cumulative change in the consumer price index since the airport’s last increase, the director said.
Enid Woodring Regional Airport is…
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