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Airport board directs staff to draft RFP for hangar sites after reviewing lease-rate options
Summary
Coffee Airport Authority members asked staff to prepare a draft request-for-proposal for available hangar parcels and discussed how taxiway construction, utilities and FAA constraints should influence lease formulas and proposal requirements.
The Coffee Airport Authority asked staff to prepare a draft request-for-proposal for several available hangar parcels after a lengthy discussion of how land improvements and airport operations should shape lease terms.
The city manager introduced Tennessee Aeronautics Division resources and the Tennessee Aviation System Plan as the primary public tools for benchmarking economic impacts and lease templates. Airport staff said those resources show formulas for establishing a base rate and that local factors such as installed utilities, taxiway construction and grant-funded site prep raise parcel values.
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