HomeMy WebLinkAboutResolution No. 2020-027 A Resolution of the Arlington Airport Commission Relating to Consumer Price Indexed Leases at the Arlington Municipal Airport RESOLUTION NO. 2020-027
A RESOLUTION OF THE ARLINGTON AIRPORT COMMISSION RELATING TO
CONSUMER PRICE INDEXED LEASES AT THE ARLINGTON MUNICIPAL AIRPORT
WHEREAS, the Arlington Municipal Airport has numerous leases pertaining to airport
property; and
WHEREAS, some Airport leases provide for annual adjustments of rent based on the
Consumer Price Index (CPI), being more specifically described as "the Consumer Price Index for
All Urban Consumers as published by the United States Department of Labor, Bureau of Labor
Statistics, or its successor, for the smallest geographical region for which a separate index is
published and in which Seattle, WA is situated"; and
WHEREAS, the Bureau of Labor Statistics recently issued its September 2020 CPI
indexes, which establishes that the annual increase in the CPI-U for the Seattle metropolitan area
has been 1.6 percent over the past year;
NOW, THEREFORE, the Arlington, Washington Airport Commission do hereby resolve
as follows:
1. Beginning January 1, 2021, all commercial and industrial leases with annual
adjustments of rent based on the Consumer Price Index shall be increased by 1.6%per year;
provided, however,this increase shall not apply to leases of City-owned hangars, all as reflected
on the attached.
APPROVED by the Arlington Airport Commission of the City of Arlington this 1 Oth day
of November, 2020.
CITY OF ARLINGTON
AIRPORT COMMISSION
Don Muns n, Chairperson
ATTEST:
David Ryan, Airport Director
APPROY-ED AS TO FORM:
Ste i e,-City Attorney
Action/Service 2021 Fee $
Rental Rates—Hangar
Single Hangar 238.84 monthly
Twin Hangar 362.91 monthly
Rental Rates -Tie-Down
Tie-down aircraft 40.00 monthly
Glider trailer 20.00 monthly
Transient Parking 3.00 per night
Land Lease Rates
Aviation land 0.29 per s uare foot
Industrial land 0.36 per square foot
Commercial land 0.83 per square foot
Ultrali ht area 0.25 per square foot
T-hangar development 0.25 per square foot
Mill site 0.23 per square foot
Short Term Land Use—Special Events
EVOC
Triangle area 144.60 per day
Use Agreement
Aviation land 0.29 per square foot
Industrial land 0.36 per square foot
Mill site 0.23 per square foot
Administrative fee 100.00
Power panels 200.00 per day
Landside parking 100.00 monthly
Putnam Hall Meeting Room
Deposit 50.00
Hourly rate 15.00
Daily rate 75.00
Miscellaneous Fees
Fuel fees 0.05 per gallon
Waiting list fee 25.00
Annual waiting list renewal fee 5.00
Late charge on all billed accounts past 20 days 5% of outstanding balance
RESOLUTION 2020-027