RELOCATION QUALIFICATIONS |
To qualify for relocation (sec H. RELOCATION OF QUALIFIED DISPLACED HANGARS, FROM RFP):
1) Hangars must currently be utilized for storage of a propeller aircraft. Hangars not currently used for such aircraft sorage are NOT eligible for relocation. Vacant hangars are NOT eligible for relocation. Aircraft stored in hangar must have been stored at VNY as of the that the BOAC approves this RFP (January 1, 2006);
2) Hangars must be owned by the propeller aircraft owner on the date the BOAC approves this RFP (January 1, 2006);
3) Hangars must measure no more than 3,000 square feet;
4) Hangars must be structurally sound, with smooth sheet metal (no dents) and able to be nested with like hangars;
5) Hangars must comply with LAWA's Policy on Installation of AIrcraft Hangars and Shelters;
6) Hangars must meet City of Los Angeles building and safty code requirements applicable to such hangars; and.
7) Hangars must all be painted or re-sheeted one color to complement the new development.
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RENT YOUR HANGAR AND MOVE UP |
One option for relocating hangar owners is:
1) Move your hangar over to our property into your qualified space and move in
2) Reserve a new hangar at our facility
3) Once the new hangar you have reserved is open for occupancy, Have us rent out your relocated hangar at a full rental price, The difference from the rental price, after your relocated hangar's ground rent is covered, goes towards the rental cost of your new hangar. ( I.E.: Your ground rent is $350/month, you move into one of our new hangars at $800/month and let us rent out your hangar for $750/month [example price]. After your ground rent is covered [$750-$350] the remaining $400 goes towards your monthly rent for your new hangars of $800/month.)
4) Your new rental rate would be about the same as you would pay for a ground lease
Benefits of this:
-You get to use a brand new hangar with electric bi-fold doors, lights, cypher lock walk-in doors, compressed air systems, and much more.
-You still own your qualified relocated hangar
-The cost difference could be as little as $20 extra a month of what you would just pay for ground rent to get you into a brand new hangar
NOTE: Relocation tenants will not be permitted to sub-lease their hangars out themselves, only relocation tenants approved by the Park Manager may submit their hangars for rental.
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