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Porterville airport committee presses staff for clarity on master ground lease and new $2 million insurance requirement
Summary
Porterville Airport Advisory Committee members and tenants pressed city staff for documentation and explanation of a master ground lease and a change in required liability insurance that tenants say could substantially raise costs for hangar owners.
The Porterville Airport Advisory Committee on Aug. 13 questioned city staff about a proposed Master Ground Lease and a citywide increase in required liability insurance for property lessees, including airport tenants.
Committee Chairperson A.J. Rivas said the committee needed clear documentation of how the insurance requirement rose to $2,000,000 and asked staff to locate the record. "I want no hidden agendas," Rivas said during the discussion, adding that he expected staff to find the origin of the change and report back at the next meeting.
The concern centers on a provision in the lease packet that requires $2,000,000 in liability coverage for certain city property leases. Several committee members and hangar tenants said some older leases still show a $1,000,000 requirement, while more recent lease forms reflect the higher amount. Committee member Brianna Groves said she had read the packet and…
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