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02/15/77 Nystul/Hangar InsuranceccJN THE HEART OF THE NATIONS PLAYGROUND" BOX 1035 KALISPELL, MONTANA 59901 February 15, 1977 TO: PARKS, RECRNATION & AIRPORT COMMITTEE FROM: GAR]' NISTUL SUBJ: AIRPORT INSURANCE During the past several months I have conferred with Dr. A. V. Swanberg relative to the insurance on the airport. We found that the airport association had not corVlied with the terms of the lease in insuring the buildings for fire® Afteldiscussion with Dr. Swanberg and our insurance agent, I arranged for the city to add the larger hanger to the city policy. The airport association will paylhe premium from the fuel taxes that are Said into the city airport fund. We are not insuring the other hanger because of the premium cost. Parachute Haven ACV $41003 Insurance Rate 1•T92 - $ 818.77 Other hanger ACV 93270 1.992 184.66 Total insurance premium for both 1,003.43 The airport association has also asked, and I have agreed, that the cost of the premium for their liability insurance be paid out of the airport fund also. It is their policy and we are only making the payment of the premium. If you do not concur with the above, advise me in writing as soon as possible. If you agree, then the council should be advised and a writing attached to the lease removing the requirement to insure the older hanger. If you do not agree with the method of handling the payment of the liability insurance, also adc:.se me in writing as soon as possible. Daley Schwartz Grainger 0' Boyle Mayor W 1. The Park and Recreation Committee approves the following recommendation of the Insurance Advisor Committee: 1. That an attachment be made to the Airport lease, removing the old hanger from the fire insurance requirement. 2. That the fire and liability insurance premiums on the City Airport property be paid from the City Airport fund. 2. Recommend ap rtwal of the Flathead Valley Art Association lease. 3. Recommend approval of an ordinance amendment to Sec. 1 (24-5), Kalispell City Code, to provide curb line, tree line information. �,. S"% t,, h 7 P/,-- I r, r l