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CITY COUNCIL AGENDA: NOVEMBER 5, 2002SUBJECT:AIRPORT LEASE LOT 37 (Ernest Freeman)SOURCE:Fire Department/AirportCOMMENT:Ernest Freeman is the current leaseholder of Lot 37 at the Porterville Municipal
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Airport lease-lot is a lease agreement between an airport authority and a tenant for the use of a specific lot of land at the airport for a specified period of time.
Tenants who lease land at the airport are required to file airport lease-lot agreements.
Airport lease-lot agreements can typically be filled out by providing information about the tenant, the duration of the lease, the lot location, and any other terms and conditions.
The purpose of airport lease-lot agreements is to regulate the use of airport land by tenants, ensure fair and efficient allocation of airport resources, and generate revenue for the airport authority.
Information that must be reported on airport lease-lot agreements typically includes tenant details, lease duration, lot location, rental fees, and any other relevant terms and conditions.
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