PUBLIC HEARING AGENDA REQUEST

Sponsor:

Board of Supervisors Meeting Date: 

Raymond E. Graham, Chairman, Cedar Run District Supervisor

April 14, 2005

Staff Lead:

Department: 

Anthony I. Hooper, Deputy County Administrator

County Administration

Topic: 

A Resolution to Enter into a  Lease with Essar Aviation, LLC, for Construction ofa Fourth T-Hangar at the Warrenton-Fauquier Airport

Topic Description:

The Airport Committee has reviewed a proposal from Essar Aviation, LLC, to lease property for the construction of a T-Hangar.  Subsequent to receiving this proposal, Fauquier County was successful in obtaining grant funds for 80% of the design costs related to site improvements for the hangar.  The proposed lease requires Essar Aviation to provide the local matching share of the grant.

 

The proposal from Essar for the thirty-year land lease is consistent with the layout of the Airport Master Plan.  Essar Aviation proposes to provide funding for the local share of the design and site improvement grant, as well as pay an annual lease payment of $.37 per square foot.  The Airport Committee has reviewed the Essar Aviation proposal and recommends approval.  Attached is the proposed lease agreement.

Requested Action of the Board of Supervisors: 

Conduct a public hearing to receive citizen comments and consider adoption of attached resolution.

Financial Impacts Analysis:

There is no County cost required for the construction of the T-Hangar.  The Airport Fund will receive annual lease income associated with the project that will assist in funding the maintenance and operation of the airport.

Identify any other Departments, Organizations or Individuals that would be affected by this request:

Warrenton-Fauquier Airport

Warrenton-Fauquier Airport Committee

 

Attachments:

  1. Plat
  2. Lease Agreement
  3. Resolution