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Public Hearing and Action on Resolution 25-005, a Resolution of Intent to Lease Real Property at the Brookings Regional Airport to Civil Air Patrol Inc.
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Summary and Recommended Action:
Staff recommends approval of this resolution to lease the Brookings Regional Airport Terminal Building to Civil Air Patrol, Inc. for a period of five (5) years.
The City desires to renew a lease to the Civil Air Patrol for the Airport Terminal Building. The Civil Air Patrol is an affiliate of the “SD Civil Air Patrol Wing” and they provide Cadet programs for leadership, aerospace education to interested students, and emergency services. They have been leasing the Terminal Building since 2012. The City Council had approved a reduced lease rate for the Civil Air Patrol for the last 5 years due to their limited funding. The City is allowed to apply a lower lease rate for Not-For-Profit Aviation Organizations. The lease rate will be $97.85 per month plus half of the utility costs starting in 2025 with a 3% annual increase in the lease amount each January 1st.
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Attachments:
Memo
Resolution
Notice
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