COMPARATIVE MATRIX OF FBO PREMISES LEASE

	CURRENT	PROPOSED
Fuel Flowage Fee	$0.05/gallon	$0.07/gallon - increases by $0.01/gallon every term (5 years)
Term	Expires in 2023	Initial term 5 years with 5 – 5-year optional terms
Utilities	Hetrick pays: · 53% Maintenance Hangar · 30% Community Hanger · 100% Water and Solid Waste	Hetrick pays: · 100% for Community and Maintenance hangars · 12.5% for the Terminal bldg (based on leased space) · 100% of Water, Sewer and Solid Waste

Leased Premises	Current	Proposed
Community Hanger	$2450/month adjust Annually with CPI	1^st year - $2450/month 2^nd year - $3950/month Increases 2%/year
Maintenance Hanger
Terminal Bldg. 570 sq. ft.

Facility Maintenance	City provides facility maintenance for grounds, runways, taxiways, snow removal and lighting.  Hetrick is responsible for maintenance of leased premises.
Ground Lease	Lot 1, Block 2 leased at approximately $0.15/square foot, or $850 per month (rounded)