HANGER LEASE OBLIGATIONS
Posted: Tue Jan 15, 2008 5:47 am
I have had my C170B at same airport for 16 years.
New lease requires that lessee grants City a lien upon said aircraft and makes, and hereby makes , constitutes, and appoints city (airport owner) as Lessee's agent and attorney-in-fact to sell and appoints city as Lessee's agent and atorney-in -fact to sell and convey said property at any public or private sale for the purpose of satisying such lien. provided notice of sale be given by certiied mail at least 30 days prior thereto.
Seems strong doesn't it. Original wording was 15 days and no certified mailing.
Airport has had runway lighting upated via FAA airport fund money and new resurfaced runway last year.
I have heard unconfirmed rumour that an elected official promised to reorganize the water district and sell airport to Walmart . Potential developer cites 53,000 sales tax revenue per month.
Monthly water bills doubled (complications) and now pilots are very worried.
Anti pilot attitude developing.
Can you take federal money and still sell a municipal airport?
Any similar experiences in our group?
I have always been sympathatic to anyone trying to make a living in GA /FBO. It seems overly difficult during the best of times.
regards
New lease requires that lessee grants City a lien upon said aircraft and makes, and hereby makes , constitutes, and appoints city (airport owner) as Lessee's agent and attorney-in-fact to sell and appoints city as Lessee's agent and atorney-in -fact to sell and convey said property at any public or private sale for the purpose of satisying such lien. provided notice of sale be given by certiied mail at least 30 days prior thereto.
Seems strong doesn't it. Original wording was 15 days and no certified mailing.
Airport has had runway lighting upated via FAA airport fund money and new resurfaced runway last year.
I have heard unconfirmed rumour that an elected official promised to reorganize the water district and sell airport to Walmart . Potential developer cites 53,000 sales tax revenue per month.
Monthly water bills doubled (complications) and now pilots are very worried.
Anti pilot attitude developing.
Can you take federal money and still sell a municipal airport?
Any similar experiences in our group?
I have always been sympathatic to anyone trying to make a living in GA /FBO. It seems overly difficult during the best of times.
regards