Comments sought on hangar leasing policy

Comments will be accepted through Jan. 27 on the development of a formal hangar lease policy at the Grand Junction Regional Airport.

Comments can be submitted online at the Web site located at; by e-mail to or by mail to 2828 Walker Field Drive, Suite 301, Grand Junction, CO 81506, attention leasing policy.

The airport authority board that oversees the airport plans to develop a formal policy for leasing hangars at the airport. The policy will include assignment clauses, leasing rates, maintenance requirements and renewals as well as detail what happens to building improvements at the end of leases.

The policy will deal with ground hangar leases, not airline leases or so-called “land-side” leases that don’t involve aviation uses.

“The board is committed to developing a policy that is fair to hangar tenants while protecting the public investment in the airport,” said Tom LaCroix, chairman of the authority board.

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Posted by on Jan 24 2012. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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