"Kent Ashton" wrote in message
...
RAHers
Representative Steve Pearce (R-NM) introduced a bill in March (HR1117)
to require that federally-assisted airports grant a 75 year lease to a
person willing to construct a hangar on the airport. Current federal law
states that the lease must be a "long-term" lease but doesn't specify any
term. It's in our interest to get the longest lease we can obtain.
Pearce has no co-sponsors for the bill, yet.
Urge your representative to support HR1117. You can find out how to
write/fax your representative at http://www.house.gov/writerep/

--Kent Ashton

I'd be very concerned if my only option was to sign a 75 year lease. 75
years is well beyond the remaining life expectancy of anyone who would have
the wherewithal to sign such a lease. It seems to make more sense to have a
20 year lease with successive 5 or 10 year renewal options.

KB