Paul Perry, director of the Shelbyville Airport Authority, briefed council about hangar‑rental rate adjustments and insurance requirements for airport ground leases. Perry said the authority moved to a known dollar amount for hangar rent so tenants can budget for predictable increases, and clarified a prior market adjustment that prompted the change.

On ground‑lease insurance, Perry said the aviation insurance market is constrained and many individual tenants cannot secure $2,000,000 in liability coverage; instead, several individual hangar tenants have obtained $1,000,000 policies and staff has accepted that coverage for recent approvals. "People that are doing businesses or things of that nature, they're able to get $2,000,000 or they do $1,000,000 and then for another million on top of that ... individuals have not been able to find a company willing to do it," he said.

Perry also noted ongoing construction work at the airport site and said staff expected paving and rock work to continue and asphalt work to begin next week. Council asked technical questions about timing and policy language; staff agreed to continue refining the lease‑clause wording to balance tenant access to insurance markets and city risk management.