[Amended 10-22-1990 by Ord. No. 17-1990]
As to all fixed-base operators as defined in § 72-8 of this chapter, such operators shall contract to construct permanent improvements, directly related to aviation services, upon the Hammonton Municipal Airport, which construction shall be of a cost, type, size and construction which is first approved by the Mayor and Common Council of the Town of Hammonton; the costs related to said construction and actually expended may be applied as prepaid rent, however, in conformance with N.J.S.A. 40A:12-14. The term of a lease and minimum rents shall be directly related to the actual cost of the capital improvements by said fixed-base operator.