HomeMy WebLinkAboutORD 79-05 - Leasing Rates at Airport296
ORDINANCE NO. 79-5
AN ORDINANCE ESTABLISHING MONTH TO
MONTH LEASING RATES FOR CITY OWNED
HANGARS, AIRCRAFT TIE DOWN LOTS AND
BUILDINGS ON THE GEORGETOWN MUNICI-
PAL AIRPORT AND AUTHORIZING THE CITY
MANAGER TO ADJUST THESE RATES ANN-
UALLY FOR INFLATION OR DEFLATION
BASED ON THE DEPARTMENT OF LABOR
CONSUMER PRICE INDEX -DALLAS
WHEREAS, the City of Georgetown, Texas is the owner and operator of
the Georgetown Municipal Airport; and,
WHEREAS, the City of Georgetown does own certain Hangars and Buildings
on the Airport; and,
WHEREAS, the City of Georgetown does lease these hangars and buildings
to private individuals in the interest of better utilizing the Airport for Airport
purposes; and,
WHEREAS, the City of Georgetown incurs maintenance and operating
expenses associated with these Hangars and Buildings together with other common
use facilities; and,
WHEREAS, the cost of maintenance and operations increases and decreases
at the approximate same rate as the Department of Labor -Consumer Price Index -
Dallas; and,
WHEREAS, a system of adjusting lease charges on an annual basis is needed
for a sound financial Airport Management Program and,
WHEREAS, the Georgetown Municipal Airport Board has studied the current
rate and recommends increasing these rates for inflation incurred since they
were established in 1975; therefore,
BE IT ORDAINED by the City Council of the City of Georgetown that the
following month to month leasing rates are established for City owned hangars,
airport tie down lots and buildings on the Georgetown Municipal Airport, effective
for- the month following enactment of this ordinance and authorizes the City
Manager to adjust these rates annually for inflation or deflation based on the
Department of Labor Consumer Price Index -Dallas:
Facility
Monthly Rate
Potential Revenue
Hangar A
$250.
$250.
Hangar B (5 "T" Units)
35. ea.
175.
Hangar C (7 "T" Units)
55. ea.
385.
Glider Club House
50.
50.
Rent House 1
50.
50.
Rent House 2
65.
65.
Terminal Building Shop
50.
50.
Aircraft Tie Down Ramp
(12 spaces)
12. ea.
144.
Aircraft Tie Down Grass
(11 spaces)
10. ea.
110.
READ, PASSED AND APPROVED this 30th day of January 1979,
upon first reading and PASSED AND APPROVED this 6th day of February 19790
upon second reading.
ATTEST:
W.L�WZ-den, ity ecretary
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AN ORDINANCE ESTABLISHING MONTH TO MONTH LEASING RATES FOR CITY OWNED HANGARS., AIRCRAFT TIE DOWN LOTS AND BUILDINGS ON THE GEORGETOWN MUNICIPAL AIRPORT AND AUTHORIZING THE CITY MANAGER TO ADJUST THESE RATES ANNUALLY FOR INFLATION OR DEFLATION BASED ON THE DEPARTMENT OF LABOR CONSUMER PRICE INDEX-DALLAS l 1 '":T ':1 ' 0'.r ::·o :::...xc.L£D :::'., l.-'J•�n A.i.\l1'JUM.
WHEREAS.,the City of Georgetown., Texas is the owner and operator of the Georgetown Municipal Airport; and.,
- -WHEREAS., the City of Georgetown does own certain Hangars and Buildingson the Airport; and.,
WHEREAS.,the City of Georgetown does lease these hangars and buildings to private individuals in the interest of better utilizing the Airport for Airportpurposes; and.,• ,
WHEREAS.,the City of Georgetown incurs maintenance and operating expenses associated with these Hangars and Buildings together with other common use facilities; and.,
WHEREAS., the cost of maintenance and operations increases and decreases at the approximate same rate as the Department of Labor-Consumer Price Index• Dalla&; and.,
WHEREAS., a system of adjusting lease charges on an annual basis is needed for a sound financial Airport Management Progran; and.,
WHEREAS., the Georgetown Municipal Airport Board has studied the current rate and recommends increasing these rates for inflation incurred since they were established in 1975; therefore.,
BE IT ORDAINED by the City Council of the City of Georgetown that the fallowing month to month leasing rates are established for City owned hangars.,airport tie down lots and buildings on the Georgetown Municipal Airport., effective for-the month fallowing enactment of this ordinance and authorizes the City Manager to adjust these rates annually for inflation or deflation based on the Departmen t of Labor Consumer Price Index-Dallas; :_ • � � ••
Facility
Hangar A
Monthly Rate Potential Revenu e
Hangar B (5 "T" Units) Hangar C (7 "T" Units) Glider Club House Rent House 1 • Rent House 2 Terminal Building Shop Aircraft Tie Down Ra mp
(12 spaces) Aircraft Tie Down Grass -
(11 spaces)
$250.
35.ea.
55.ea.
50.
50.'
65.✓
50.1 •
12.ea.
10.ea.
$250.
175.
385. 50.
50. 65.
50.
144.
110.
READ., PASSED AND APPROVED this 30th day of January upon first reading and PASSED AND APPROVED this 6th day of February upon second reading.
., 1979., 1979.,
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