SUBJECT: Assignment and Restatement of Ground Lease for a Private Hangar at the Merced Yosemite Regional Airport with Hangar # 42, LLC REPORT IN BRIEF Assignment and Restatement of a private hangar ground lease for Corporate Hangar #42 at the Merced Yosemite Regional Airport with Hangar # 42, LLC. RECOMMENDATION City Council - Adopt a motion: A. Approving the lease Assignment and Restatement between Hangar # 42, LLC. and the City of Merced; and, B. Authorizing the City Manager or the Deputy City Manager to execute all necessary documents.

Consent Item Passed Introduced January 12, 2023

Committee: City Council/Public Finance and Economic Development Authority/Parking Authority
Introduced: January 12, 2023
On agenda: February 6, 2023
Passed: February 6, 2023