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HomeMy WebLinkAboutResolutions 2011-133 N.C.S. 09/12/2011 Resolution No. 2011 -133 N.C.S. of the City of Petaluma, California APPROVING A RATE ADJUSTMENT FOR THE FOUR EXECUTIVE HANGARS AT THE PETALUMA MUNICIPAL AIRPORT WHEREAS, the four Executive Hangars at the Petaluma Municipal Airport ( "Airport") were constructed in 2006 and at the time of their construction, aviation and the economy were strong and growing; and, WHEREAS, there has been a decline in the economy and the airport is now faced with three vacant Executive Hangars; and, WHEREAS, if the three Executive Hangars remain vacant for the remainder of this fiscal year, the loss of revenue to the Airport is estimated at $21,493; and, WHEREAS, the loss of revenue from the three vacant Executive Hangars would require cuts in services and repairs for the Airport; and, WHEREAS, the Petaluma Airport Commission reviewed hangar rates of comparable size and amenities at Santa Rosa and Napa airports; and, WHEREAS, the Petaluma Airport Commission, at its July 7, 2011 meeting, recommended adjusting the rates of the four Executive Hangars as follows: Hangars 18A -C would be adjusted from $1,978 to $1,500 per month, and 18D would be adjusted from $2,096 to $1,600. NOW, THEREFORE, BE IT RESOLVED that, effective November 1, 2011, the City Council of the City of Petaluma hereby adjusts the rental rates of the Executive Hangars 18A -C to $1,500 and 18D to $1,600. Under the power and authority conferred upon this Council by the Charter of said City. REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the ov d as to Council of the City of Petaluma at a Regular meeting on the 12 day of September f rm: 2011, by the following vote: Cit, Attorney AYES: Albertson, Barrett, Mayor Glass, Harris, Vice Mayor Healy, Kearney, Renee NOES: None ABSENT: None ABSTAIN: None ATTEST: ('/ ∎ "e I City Clerk Mayor Resolution No. 2011 -133 N.C.S. Page 1