Board debates new land-lease language: would it create an HOA or a master lease?
Members clashed over whether proposed lease language would make new hangar lessees an HOA and risk relinquishing airport control of federally funded land; others argued a master lease with assessed fees and transfer provisions would protect public interests.
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Board members spent significant time debating proposed new land-lease language and whether it effectively creates a homeowners association (HOA) among lessees or should remain a master lease controlled by the city/county. Several board members objected to wording that would assess all hangar owners for capital improvements or cede decision authority to lessees.
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