The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #17-16
Approving Hangar Space Lease Agreement between the Monticello Regional
Airport (City of Monticello) & Thomas W. Yeoman
WHEREAS, The City of Monticello, Iowa is an incorporated city within Jones County, Iowa; and
WHEREAS, The City of Monticello previously approved a lease space agreement with Jerry Krueger related to a privately owned hangar on the grounds of the Monticello Airport, and
WHEREAS, Krueger sold the Hangar to Thomas W. Yeoman who took over the Krueger lease, Lot VII, and thereafter saw to improvements to the hangar, in 2016, which increased the footprint of the hangar and, thereby, increased the rent due the City of Monticello according to the lease terms, and
WHEREAS, An updated and amended lease agreement between the City of Monticello and Yeoman has been prepared with the only substantive change dealing with the annual rent, same being increased to reflect the increased footprint from $200.00 per year to $202.40 per year, effective for the 2016 year.
NOW THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve the proposed Hangar Space Lease Agreement between the City of Monticello and Thomas W. Yeoman related to Lot VII, Monticello Regional Airport.
IN THE TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal for the City of Monticello, Iowa to be affixed. Done this 6th day of February, 2017.
Dena Himes, Mayor
Attest:
Sally Hinrichsen, City Clerk