Those who lease

aircraft hangars in Hangar Area A at Falcon Field Airport will have the

option to amend a part of their current lease agreement eventually.

Members of

the Airport Authority discussed a plan Wednesday night that would establish

a flat rate for the monthly rental payments on those hangars. The details

are not yet finalized, however.

Currently,

hangar owners pay fees based on two percent of the gross revenues they

generate. Airport Manager Jim Savage suggested that operators of executive

storage hangars would pay a flat fee of four cents a square foot of hangar

space, while operators of general aviation hangars would pay eight cents

a square foot.

Authority member

Matt Davis would like to set a flat rate as well but that rate would include

the space outside of that hangar as well.

"Our commodity

is land," said Davis to several hangar owners in attendance. "Your

derived income is from having a hangar on that land."

Hangar owners

in attendance were fine with both proposals. Most owners would end up

paying less under either of the new proposals and those paying more would

only pay a minimal amount more.

The authority

tabled the issue until the next meeting when a rate would be determined.

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