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Manager. <br />A TRUE COPY <br />CERTIFICATION ON LAST PAGE <br />J.R. SMITH, CLERK <br />C. Land Rent and Concession Fees for Commercial Users (Aviation -Use Onlv): <br />Rental rates for leasehold interest in real property (subject to CPI adjustment as provided in Section <br />3(H)), and, if applicable, Concession Fee(s) for the privilege of doing business at the Airport, for aviation - <br />related uses for commercial aviation -use only shall be as follows: <br />1. Standard Land Rental Rate: (Aviation -Use Development Land): <br />a. Land Rental Rate: Rates per square foot per year will be determined based on <br />current market values, plus, <br />b. Easement and/or Restricted -Use Land Rental Rate: One-half (1/2) of land rent rate <br />determined in Section 3(C) I (a) above. <br />2. Concession Fee 2 (Fuel Flowage): Fees (if applicable) will be charged at a rate of $0.05 per <br />gallon of fuel pumped, whether for sale or not, said rate to be adjusted periodically based on <br />current market values, with the approval of the City Manager. <br />D. Land Rent and Concession Fees for Commercial Users (Non -Aviation Used <br />Rental rates for leasehold interest in real property (subject to adjustment as provided in Section 3(H)), <br />and if applicable, Concession Fee(s) for the privilege of doing business at the Airport, for non -aviation <br />commercial uses shall be as follows: <br />1. Standard Land Rental Rate: (Non -Aviation Development Land): <br />a. Land Rental Rate: Rates per square foot per year will be determined based on <br />current market values, plus, <br />b. Easement and/or Restricted -Use Land Rental Rate: One-half (1/2) of land rent rate <br />determined in Section 3(D)I(a) above. <br />Page 7ofII <br />NAPROPERTY MGT12015 Updated Docs\2015 Updated Resolutions\150824 Airport Leasing Policy replacing Resolution 2007-18 EM.docx <br />