Arizona Administrative Code
Title 17 - TRANSPORTATION
Chapter 2 - Department of Transportation - Aeronautics
Article 2 - GRAND CANYON NATIONAL PARK AIRPORT - OPERATION AND MANAGEMENT
Section R17-2-204 - Airport Ground Leases
Universal Citation: AZ Admin Code R 17-2-204
Current through Register Vol. 30, No. 38, September 20, 2024
A. The Division may enter into leases of airport property for the operation of businesses that foster the development of the airport.
B. All leases of airport property, other than the existing or any future public use terminal facility, shall be based on a competitive sealed proposal process as specified in A.R.S. § 41-2534. At minimum, leases shall be based on a price per square foot of property as valued through an appraisal of that property. In addition, leases shall contain provisions for not less than the percentage in the following schedule:
1. Food and beverage - 5%
2. Rental of personal property -
10%
3. Retail sales of merchandise
- 10%
4. Other - As
negotiated
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