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HomeMy WebLinkAboutResolution 2006-059 N.C.S. 04/03/2006 Resolution No. 2006-059 N.C.S. of the City of Petaluma, California APPROVING AN INCREASE IN THE RENTAL RATE FOR THE TEN EXISTING EXECUTIVE HANGARS AT PETALUMA AIRPORT WHEREAS, the Petaluma Airport Commission has reviewed and recommended an increase to the rental rates for the existing executive box hangars; and, WHEREAS, the recommendation is for the increase to take place in two steps over a two year process; and, WHEREAS, the affected airport tenants have been provided written notice of the proposed increases. NOW, ~`HEREFORE, BE IT RESOLVED that the City Council of the City of Petaluma hereby approves an increase in the rate schedule for the existing executive hangars, as described below. 1. An increase from $.295 per square ft. to $.325 per square ft., effective May 1, 2006. 2. An increase to $.35 per square ft., effective May 1, 2007. 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 Approved as to Council of the City of Petaluma at a Regular meeting on the 3"~ day of April, 2006, form: by the following vote: 'pl ~ City Attomey~l.~ AYES: Vice Mayor Canevaro, Healy, Nau, O'Brien, Torliatt NOES: None ABSENT: Mayor Glass, Harris - ABSTAIN: None ATTEST: l.~ City Clerk Ma or Resolution No. 2006-059 N.C.S. V Page 1