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Glendo council sets $200 annual ground lease for airport hangars, directs new lease agreement
Summary
The Glendo Town Council set a $200-per-year ground lease fee for existing and new airport hangar owners and directed the town attorney to prepare a new Airport Ground Lease Agreement; the council discussed lease pricing and ownership but recorded no vote tally beyond unanimous approval.
The Glendo Town Council on April 16 set a $200 per year ground lease fee for both current and new airport hangar owners and asked the town attorney to draft a new Airport Ground Lease Agreement.
Council Member Kelly Jones told the council she had researched lease prices but found wide variations among operators and recommended a simple, consistent fee. Town Attorney Eric Jones said the town owns the land under the hangars and will prepare a lease form for owners to sign.
The council debated how to set a fair market price and discussed whether to require all hangar owners to sign the new ground lease. Ultimately the council settled on $200 per year as a uniform rate for now and directed Attorney Jones to produce the written agreement for future signings.
The decision was recorded in the minutes as a council direction rather than an extended negotiation; Attorney Jones is to prepare the lease language and return to the council for execution or ratification. No additional financial details or a formal lease term length were specified in the minutes.
