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Oakdale council approves hangar, tie‑down rate increases and CPI indexing capped at 3%
Summary
City council approved increases to airport hangar and tie‑down lease rates—8% for hangars and 25% for tie‑downs in 2026, additional increases in 2027, then annual CPI adjustments capped at 3%—to keep the airport self‑sustaining; a tenant urged better maintenance.
The Oakdale City Council voted unanimously to approve a multi‑year increase in airport hangar and tie‑down rates aimed at keeping the Oakdale Municipal Airport self‑sustaining without general‑fund support and to provide matching funds for federal projects.
Staff recommended an 8% increase for city‑owned and private hangars and a 25% increase for tie‑downs effective Jan. 1, 2026, followed by a further 8% (hangars) and 10% (tie‑downs) in 2027.…
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