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2. Concession Fee 1 (Gross Receipts): Percentage fees (if applicable) will be determined based <br />on currer_t market values or at minimum of two percent (2%) of gross receipts, excluding <br />aircraft sales, whichever is greater, on a monthly basis. One quarter of one percent (0.25%) <br />for aircraft sales. <br />E. Building Rent and Concession Fee far Aviation and Non -Aviation Users (Multiple Tenants): <br />Rental rates for buildings with multiple tenwits, where ownership is held by the City, and if applicable, <br />Concession Fee(s) for the privilege of doing business at the Airport, shall be as follows: <br />1. Standard Building Rental Rate (.Multiple Tenants): Rental rates for buildings and <br />improvements, where ownership is held by the City, occupied by multiple tenants, shall be <br />established by the City Manager in the manner set forth in Section 3(G) and shall include a <br />proportionate charge for Common Area Maintenance (CAM). <br />2. Concession Fee 1 (Gross Receipts): Percentage fees (if applicable) will be determined based <br />on current market values or at rninimum of two percent (2%) of gross receipts, excluding <br />aircraft sales, whichever is greater, on a monthly basis. One quarter of one percent (0.25%) <br />for aircraft sates. <br />F. Building Rent and Concession Fee for Aviation and Non -Aviation Users (One (1) Tenant): <br />Rental rates for buildings, where the ownership is held by the City, shall be as follows: <br />1. Standard Building Rental Rate (One (1) Tenant): Rental rates for buildings and <br />improvements, where ownership is held by Landlord, occupied by one (1) tenant who enjoys <br />sole use of the leased premises shall be established by the City Manager in the manner set <br />forth in Section 3(G). In addition to the rental charge for the buildings and improvements, the <br />land included in the leased premises shall carry a rental rate as established in Sections 3(A), <br />3(B), 3(C), and/or 3(D). <br />Page 8 of 11 <br />N.\PRQPERTY MGI12015 Updated Docs\2015 Updated Resolutions\150524 Aitport Leasing Policy replacing Resolution 2007-18 EM.doCX <br />136 <br />