1-8-2023 SSBriefings - Laserfiche WebLink

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DISCUSSION: Lot establishment within the aeronautical area have been established by the recording of the binding site plan (BS-21-00001). This binding site plan identifies four lots, H-44, H- 45, H-46 and H-47 (Exhibit 1)which are to be accessed by a future extension of the existing taxiway. This access has not yet been constructed. Inquiries to Public Works have been made regarding leasing these parcels. The interest in these parcels is due to the fact that water and sewer utilities are more readily available than other lots. Without the extension of the existing taxiway, they are unable to access the runway. The current lease language does not include extension of the existing taxiway. To provide access to these lots, PW may seek to include the extension on the next capital plan to the FAA. It is anticipated that funding will not be available until after 2027. One option might be to allow the lessee to construct the extension and receive tenant improvement credit towards the land lease. Another would be to construct the improvements and add the cost to the lease. Lastly, Public Works could construct the improvements and seek cost recovery from the general fund. Previously PW met with the FAA which included a discussion of their concern about the lease term length. Follow up contact with the FAA has been completed. FAA supports a lease template using a 30-year term with two 10-year extension options. The FAA sees this as acceptable and would not create future concerns regarding the longer lease terms with the FAA. The Airport Advisory Committee considered limiting lease terms to 30 years with an option for two 10-year extensions. The AAC supported action to formalize lease duration within the aeronautical area at their November 8, 2023, meeting and recommended this for consideration by the Board of County Commissioners. Section 2 of the current lease template states the duration of the lease,the text indicating the 30-year term with two extensions is provided in Exhibit 2. FISCAL IMPACT: Undetermined at this time. ATTACHMENTS: Exhibit 1: Binding Site Plan Exhibit 2: Lease Template