HomeMy WebLinkAboutORD 81-23 - Thousand Oaks SubdivisionI
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HNAL PLAT - OAKS
rescIvad !Dy the City Council G:-
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Adopts-.1 and ap,-.,roved this the 1211i day of hfimv, 1981, A. D.
Carl Doering
Mayor ProTem
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ATTACHMENT I
Terms and conditions of Thunderbird Flyers request for land
lease to construct an aircraft hangar.
A. !ease rate of 4t (four cents) per square foot per year.
B. Maximum CPI adjustment of 8% (eight percent) per annum
adjusted each 5 (five) years.
C. Lease for 20 (twenty) years with one 10 (ten) year renewal
option.
C. Contracts be written to insure that the Airport will
remain eiigible for Federal monies.
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