Staff Report 4.4 Lindsay Transfer Land Lease

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KITTITAS COUNTY AIRPORT DEPARTMENT CONSENT AGENDA DATE: April 4th, 2023 TOPIC: Transfer Airport Land Lease ACTION REQUESTED: Transfer Airport Land Lease from Dr. Kenneth and Leslie Lindsay to Mr. Chris Pratz LEAD STAFF: David D. Ohl RECOMMENDATION: Approve transfer of land lease from Dr. and Mrs. Lindsay to Mr. Pratz BRIEFING SUMMARY: - As of October 16, 2018, Dr. and Mrs. Lindsay entered a ground lease with Kittitas County and constructed an aircraft hangar on the leased land. - As of March 13, 2023, Dr. and Mrs. Lindsay have sold their aircraft hangar to Mr. Chris Pratz due to their impending move from Kittitas County. - A lease amendment and resolution have been drafted to transfer the existing lease from Dr. and Mrs. Lindsay to Mr. Pratz. BACKGROUND: Dr. Kenneth and Leslie Lindsay entered a land lease with Kittitas County on October 16 th, 2018. Since entering the lease, they have constructed and utilized an aircraft hangar on spot H-36 according to the current airport binding site plan. As of March 2023, Dr. and Mrs. Lindsay will be moving away from Kittitas County and have sold their hangar on H- 36 and are looking to transfer their land lease to Mr. Chris Pratz. DISCUSSION: Transferring the existing lease from Dr. and Mrs. Lindsay will allow Mr. Pratz to continue utilizing the property at the airport. Furthermore, this will allow for the existing lease to continue bringing the necessary revenue to the airport. Mr. Pratz purchased the hangar from Dr. Lindsay, so transferring the lease will only make sense to allow him to continue its use at the airport. FISCAL IMPACTS: The fiscal impacts are minimal as the existing lease would still be utilized by Mr. Chris Pratz, so no revenue will be lost from the airport budget.