7.130.035 Minimum standards for (lessee’s) personal hangar.
A. Approved lease on file with the city.
B. Leases shall be for a term determined upon the basis of the applicant’s proposed financial investment in permanent improvements on the premises to be leased.
C. An applicant must demonstrate, to the satisfaction of the city, that the applicant has adequate resources to complete the construction of the proposed improvements on the proposed premises.
D. The applicant shall lease, at a minimum, sufficient land to provide adequate space as determined by the city to accommodate the applicant’s proposed building, aircraft parking, and vehicle parking needs.
E. As a condition of the lease, the applicant must:
1. Invest $75,000 in buildings and other permanent improvements on the premises in support of the applicant’s proposed hangar.
2. Comply with all zoning and building code regulations for the city.
3. Indemnify and defend the city and maintain insurance coverage, as required under the lease.
4. Make all lease payments timely, when due without undue collection efforts on behalf of the city. (Ord. 17-003 § 4, 2017)