PASSUR Aerospace, Inc. wishes to lease space in the Terminal Building in which to place equipment for ground-based communication links to provide real time flight information for airlines. The twenty square foot Lease provides a space for the location of the telecommunications equipment on the west side of the second floor of the Terminal Building and a rooftop antenna.  Lessee will install and maintain the equipment at no cost to the City. Standard insurance and indemnification language is included in the Lease. The Lease term is for one year commencing August 1, 2010, with automatic annual renewals, and is cancelable upon thirty days written notice by either party.  This Lease is similar to two other communication leases previously approved by Council for Terminal space.

The City Council may:

• Approve a Lease with PASSUR Aerospace, Inc.; or
• Not approve a Lease with PASSUR Aerospace, Inc.

The first year of this Lease will generate $3,277.51 of revenue for the City's Airport. Subsequent years will be adjusted on the anniversary date, using the Consumer Price Index for all Urban Consumers (CPI-U) to keep pace with annual inflation.

Staff recommends that Council approve the one-year Lease with PASSUR Aerospace, Inc. The term will commence August 1, 2010, and will be automatically renewed annually until canceled by either party.