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Airport board debates hangar lease reform; directs staff to produce redline of lease with new rate
Summary
Board discussion focused on proposed changes to hangar lease calculations and fees, including a staff recommendation to move to a state-average rate of $0.43 per square foot for hangar footprint (with cost-of-living annual adjustments) and a direction to staff to return a redlined lease for formal action at the next meeting.
The Cache County Airport Authority spent substantial time reviewing proposed revisions to its standard land-lease template for hangars, focusing on how to charge for hangar footprint and adjacent land. The discussion included competing proposals to charge only for hangar footprint versus charging a lower footprint rate plus a land fee surrounding hangars.
Board member Jeanne (first name in transcript) proposed adopting the Utah state average of $0.43 per square foot charged to hangars and applying that to the hangar footprint only, with annual cost-of-living adjustments. The proposal drew a second, and board members debated fairness to older, smaller…
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