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Supervisors approve new airport ground and hangar lease templates and 2.5% annual escalator
Summary
The board approved airport ground and county hangar lease templates, including a 2.5% annual rent escalator, expanded initial lease terms with two 10‑year options (up to 30 years) and revised indemnification and maintenance language; staff said templates aim to provide certainty and improve sustainability while pursuing FAA grants and infrastructure like fire hydrants at East End/Placerville.
The El Dorado County Board of Supervisors on Feb. 10 approved new templates for county ground and hangar leases at the county’s airports.
Laura Schwartz, assistant chief executive officer, described the templates as the product of extensive outreach with user groups and the Gold Country Airports Association. Key features include an annual 2.5% escalator on new leases (chosen as a simple, administrable alternative to a CPI index), an initial 10‑year term with two optional 10‑year extensions (potential 30‑year total), clarified maintenance obligations for tenants,…
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