Airport Leasing Guidelines/Policy Development

New Standard Form Aeronautical Use Ground Lease (Approved 6-18-2013)

 

FINAL - Aeronautical Use Lease Guidelines

DRAFT - Aeronautical Use Lease Guidelines (Updated 2-4-2013)

DRAFT - Aeronuatical Use Lease Guidelines (Updated 1-8-2013)

 

Leasing Guidelines Development News Release - 10/5/2011

Leasing Guidelines Development News Release - 1/12/2012

Leasing Guidelines - Notice of Public Comment Period - 8/1/2012

Leasing Guidelines - Notice of Public Comment Period - 9/4/2012

Leasing Guidelines - Notice of Extended Public Comment Period - 1/8/2013

Leasing Guidelines - Board Approves Guidelines - 2/14/2013

 

Development Timeline

 

EXTENDED PUBLIC COMMENT PERIOD 

Individuals and organizations who wish to submit comments can do so online or via e-mail or regular mail through January 25:

  • Online: www.gjairport.com
  • Mail: Grand Junction Regional Airport, Attn. Leasing Guidelines Comment, 800 Eagle Drive, Grand Junction, CO 81506
  • E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it (Subject: Leasing Guidelines Comment)

PUBLIC COMMENT FORUM 

The Grand Junction Regional Airport Authority will be holding a public comment forum to solicit input on the development of the guidelines. The forum will be held Tuesday, August 21, at 5:15 PM, at the following location:

Marriott Courtyard - Grand Junction

765 Horizon Drive

Merlot Meeting Room

Grand Junction, CO 81506

 

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+1 #5 Alan Sage 2012-09-30 14:49
The proposed policy makes Grand Junction airport a bad investment for general aviation and therefore makes Grand Junction and Mesa County a bad investment for companies that are considering moving here.

This is easily seen in our countries macro economy. Prosperity requires growth. Growth requires investment. Rational people do not invest capital into an unfriendly environment where it cannot later be extracted.

The airports proposed policy will devalue all airport improvements and significantly erode property tax contributions to both the City of Grand Junction and Mesa County.
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0 #4 Steve Lindemann 2012-09-06 14:47
That certainly makes for a depressing read. I can't imagine why anyone would deliberately choose to put themselves at the mercy of the current Airport Authority. Noticed a few things that stuck out...

The phrase "without unjust discrimination" was repeated a number of times and presumes that they must see occasions when they have "just discrimination" that can be applied. Given the current board's history that's pretty scary.

They have already proven that they can get approval from governmental agencies for plans that aren't in the best of interest of the community at large and local aviators in particular. This pattern of behavior works to the detriment of the local community, especially when they could have easily gotten the same governmental approval for plans that really are in the best interest of everyone but choose not to.

Read with great interest the bits where the Authority give themselves permission to take any and all improvements without compensation. In plainer language most folks would call that theft. Why would anyone lease land from the Authority and make any kind of improvements when the deck is stacked so that the lessee can lose it all.

The current policies have lost business and patronage of the airport steadily for a number of years now. This means lost revenue and related business opportunities for the community. With new policies like this why would new business choose to move on to this airport?
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+1 #3 Alan Sage 2012-01-27 09:05
As I understand the issue, the current implementation of reversion allows the owner to de-construct their property at the end of the lease or give it to the airport authority. Presumably, this would give the lease holder some negotiating power to work out an ongoing arrangement beneficial to both parties, ideally one where the hanger owner would retain the longer term benefits of their investment, and the airport would have an opportunity to maintain revenues at a fair market price. The new plan suggests that the airport would automatically get the property. If this becomes policy, the hanger leases will de-value to zero and one can easily predict the outcome. Going forward, very few investments will be made in hangers at the airport. The quality we have now will deteriorate. Anyone that does invest under the new plan will do so minimally. And once the airport authority takes over management, it's to envision them doing a sub-quality job of maintaining hangers with a level of pride the current prideful owners do. While the airport authority can make a case for reversion based on precedence, that does not mean it's right or good. I think we should have significant concern anytime the government has a policy in place to take private property.

I just got a copy of a lease from a friend that owns a hanger at a large airport outside of Dallas in business friendly Texas. It's a multi-decade lease, recently renewed, with no mention of reversion.
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-2 #2 Tom Howe 2012-01-14 13:33
Maybe the inland waterway isn't the only thing that smells a little oily & fishy in southeast Florida!
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+2 #1 Larry Kempton 2012-01-14 12:12
Leasing requirements have changed constantly over time at Walker Field and/or GJRA.
This is because of economic conditions and usage needs. Minimum Requirements also change in the same way but tend to fit the needs of the current Tenant. This process of adopting a "New" or "Final" policy will never serve as the end all requirement.
Leases will have to be renewed on existing structures or No One new will come to Grand Junction to build a New Business. The cost of New Construction is to great.
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