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Porterville advisory committee questions $2 million insurance threshold in master ground lease, asks staff for technical review
Summary
At its August meeting the Porterville Airport Advisory Committee reviewed a draft master ground lease, flagged a $2,000,000 liability requirement as nonstandard, and directed staff to consolidate member comments and seek legal and insurer (RMA/AOPA) clarification before the committee sees a revised draft.
The Porterville Airport Advisory Committee spent much of its August meeting poring over a draft master ground lease and raising questions about an insurance requirement that several members described as nonstandard.
A committee member said the lease’s $2,000,000 liability threshold could exceed what many hangar tenants can buy and urged staff to consult the city’s risk management authority and national aviation insurers for guidance. "I would just like to put on the record that the requirement ... was relayed to me as nonstandard…
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