3-116.Lease and use of airport.
The governing body, park board or airport authority, as hereinafter
provided, may lease, assign or sublease the whole or any part of any such
airport or municipal field for aviation purposes, to one or more
responsible persons, associations or corporations, jointly or severally,
for any purpose directly or incidentally and necessarily required for the
successful and proper operation of such property upon such terms as shall
insure the impartial operation thereof, and rendition of services and
conveniences thereon, on an equal basis to all users of said airport or
municipal field for aviation purposes. When any such airport has been
wholly or partially developed or improved from funds received from the
federal government, or any agency thereof, the governing body, park board
or airport authority of such city shall have the right, power and authority
to enter into lease agreements, arrangements and contracts with the federal
government, or any agency thereof, such as the defense plant corporation,
war department, or United States navy, for the use of a portion of such
airport or municipal field, upon such terms and conditions as may be agreed
upon by the parties to any such contract. Such lease agreement or contract
may extend for a period not exceeding fifty (50) years from the effective
date thereof.
The consideration for such agreement may be any sum upon which the
parties may agree. Such contract may contain a provision permitting the
assignment, conveyance, transfer or subleasing of the portions of such
airport covered by such agreement, either in whole or in part, to any other
person, firm, or corporation and may fix the terms and conditions under
which such other person, firm, or corporation shall occupy and use such
portion of the airport. Such leases, contracts, or other agreements shall,
if occupancy or use be by other than the federal government or an agency
thereof, provide for fair and reasonable compensation to be received by
such city from such other person, firm or corporation.
History: L. 1929, ch. 5, § 4; L. 1943, ch. 5, § 1; L. 1975, ch. 5, § 8; July
1.
3-116.Lease and use of airport.
The governing body, park board or airport authority, as hereinafter
provided, may lease, assign or sublease the whole or any part of any such
airport or municipal field for aviation purposes, to one or more
responsible persons, associations or corporations, jointly or severally,
for any purpose directly or incidentally and necessarily required for the
successful and proper operation of such property upon such terms as shall
insure the impartial operation thereof, and rendition of services and
conveniences thereon, on an equal basis to all users of said airport or
municipal field for aviation purposes. When any such airport has been
wholly or partially developed or improved from funds received from the
federal government, or any agency thereof, the governing body, park board
or airport authority of such city shall have the right, power and authority
to enter into lease agreements, arrangements and contracts with the federal
government, or any agency thereof, such as the defense plant corporation,
war department, or United States navy, for the use of a portion of such
airport or municipal field, upon such terms and conditions as may be agreed
upon by the parties to any such contract. Such lease agreement or contract
may extend for a period not exceeding fifty (50) years from the effective
date thereof.
The consideration for such agreement may be any sum upon which the
parties may agree. Such contract may contain a provision permitting the
assignment, conveyance, transfer or subleasing of the portions of such
airport covered by such agreement, either in whole or in part, to any other
person, firm, or corporation and may fix the terms and conditions under
which such other person, firm, or corporation shall occupy and use such
portion of the airport. Such leases, contracts, or other agreements shall,
if occupancy or use be by other than the federal government or an agency
thereof, provide for fair and reasonable compensation to be received by
such city from such other person, firm or corporation.
History: L. 1929, ch. 5, § 4; L. 1943, ch. 5, § 1; L. 1975, ch. 5, § 8; July
1.
3-116.Lease and use of airport.
The governing body, park board or airport authority, as hereinafter
provided, may lease, assign or sublease the whole or any part of any such
airport or municipal field for aviation purposes, to one or more
responsible persons, associations or corporations, jointly or severally,
for any purpose directly or incidentally and necessarily required for the
successful and proper operation of such property upon such terms as shall
insure the impartial operation thereof, and rendition of services and
conveniences thereon, on an equal basis to all users of said airport or
municipal field for aviation purposes. When any such airport has been
wholly or partially developed or improved from funds received from the
federal government, or any agency thereof, the governing body, park board
or airport authority of such city shall have the right, power and authority
to enter into lease agreements, arrangements and contracts with the federal
government, or any agency thereof, such as the defense plant corporation,
war department, or United States navy, for the use of a portion of such
airport or municipal field, upon such terms and conditions as may be agreed
upon by the parties to any such contract. Such lease agreement or contract
may extend for a period not exceeding fifty (50) years from the effective
date thereof.
The consideration for such agreement may be any sum upon which the
parties may agree. Such contract may contain a provision permitting the
assignment, conveyance, transfer or subleasing of the portions of such
airport covered by such agreement, either in whole or in part, to any other
person, firm, or corporation and may fix the terms and conditions under
which such other person, firm, or corporation shall occupy and use such
portion of the airport. Such leases, contracts, or other agreements shall,
if occupancy or use be by other than the federal government or an agency
thereof, provide for fair and reasonable compensation to be received by
such city from such other person, firm or corporation.
History: L. 1929, ch. 5, § 4; L. 1943, ch. 5, § 1; L. 1975, ch. 5, § 8; July
1.