Local airport hangar tenants will not see any changes to their leases, at least for the rest of fiscal year 2027. Come July, however, that may change.
The Dawson Community Airport Board on Tuesday revisited a decision in September to raise hangar lease rates by 30% and extend the terms from 10 years to 20 years. Craig Hostetler, airport manager, called the matter back due to some leases coming due this year.
Hangar tenants currently pay between $150 and $175 annually for 10-year leases, roughly 46% and 70% below rates at comparable airports like Glasgow and Sidney, respectively. The proposed 30% increase across the board would bring lease payments to about $200 per year.
“It’s not going to balance my budget or anything, but it would show that we’re looking at it, we’re trying to keep up,” Hostetler is reported saying in the Oct. 7 edition of the Ranger-Review.
But new lease terms are still in the works, and with some tenants’ leases coming due sometime this year, Hostetler is hesitant to make changes that cause a staggered start under a new agreement.
Additionally, setting new lease terms will take some time as Hostetler must run any proposed changes by the Dawson County Attorney’s...