A group of Ogden, Utah, private aircraft owners is taking the city to court over what it claims is an attempt to take over their hangars without paying for them. According to the Standard-Examiner, the Ogden Regional Airport Association claims a city policy change last April over lease agreements at the airport will allow the city to exercise what are known as “reversionary rights.” That means that when leases for airport property expire and are not renewed, the city assumes title to the assets that remain on the leased property. Some of the leased lots are home to hangars worth hundreds of thousands of dollars. Owners can, of course, remove the hangars but the suit claims it’s “very unlikely that tenants will voluntarily incur the cost of removing existing hangars at the end of term.”
This is a companion discussion topic for the original entry at https://www.avweb.com/aviation-news/utah-owners-fight-ogden-airport-shakeup