Salt Lake Telegram | 1932-05-20 | Page 2 | Terms for Leases at Airport Issued by City

Terms for Leases at i Airport Issued by City I Terms erms of leases the city will henceforth henceforth hence hence- forth grant crant companies operating althe at nt 1 the municipal airport were transmitted transmit transmit- ted Friday to several concerns after alter members of ot the city commission had discussed them Reservation of the city's right to construct an administration building at any location it may select In the future and its right to impose Gasoline gasoline Gaso gaso- line Une and oil taxes Is made These two issues which have caused many conferences between city officials and airline officials in recent months have r resulted in several companies companies com com- paying for their leases on the monthly basis The new terms will grant 10 year IO-year year renewal leases at nt 3 per front foot hangar space and 40 per month business business busi busi- ness license The city has the right to adjust rates at five year five year intervals If at any time the city decides to Impose a gasoline and oil tax similar to Lo that in use at many other airports throughout the country it may do so by passing an ordinance Commissioner Commission er Harry L L. Finch explained