Oregon Administrative Rules
Chapter 738 - OREGON DEPARTMENT OF AVIATION
Division 15 - LEASING FOR AERONAUTICAL ACTIVITIES AT STATE-OWNED AIRPORTS
Section 738-015-0020 - Commercial Aeronautical Lease Provisions
Current through Register Vol. 63, No. 9, September 1, 2024
(1) The prospective Lessee shall be provided a draft commercial lease for review only after the Department has approved the lease application. Before entering into the lease with ODA, the prospective Lessee shall review the applicable:
(2) The draft commercial lease shall include, but not be limited to, the following elements:
(3) The base term for commercial aeronautical leases shall be no longer than forty-five (45) years.
(4) If Lessee requests a renewal, the Department may agree to renew the lease, consistent with this rule, for one (1) five-year period, provided the total lease term does not exceed fifty (50) years.
(5) At the expiration of the base term and any renewals, Lessee may make application for a new lease. The new lease application will be reviewed under the standards of OAR 738-015-0015, ODA Review of Application for Commercial Aeronautical Lease. The Department may negotiate a new lease if it determines that:
(6) The duration of the new lease shall be at the Department's option.
(7) Each lease renewal or each new lease that follows the base-term lease, shall incorporate all current terms and conditions for leases and any special terms the Department deems necessary based on the particular circumstances of the Lessee and lease property.
(8) If the Department determines that a lease renewal or proposed new lease will not be offered to Lessee, the Department may require Lessee to remove any structures on the lease property, at Lessee's expense, at the expiration of the current lease between Lessee and ODA.
Statutory/Other Authority: ORS 835.035, 835.040 & 835.112
Statutes/Other Implemented: ORS 835.112, 836.055, 935.035 & 935.040