USAFAI65-104 — United States Air Force Academy Leasing And In-kind Rent Consideration

USAFAI65-104 governs approval, billing, collection, and reporting for in-kind consideration in leases of USAFA real property.

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• Publication number: USAFAI65-104
• Title: UNITED STATES AIR FORCE ACADEMY LEASING AND IN-KIND RENT CONSIDERATION
• Date: 2023-11-02

View USAFAI65-104 on armypubs.army.mil

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It defines USAFA-sponsored and AFAAC-sponsored revenue-generating events and establishes annual event forecasting and approval procedures. It also requires standardized preparation of FULs and FUAs for AFAAC real property instruments.

Applies to: This publication does not apply to the Air Force Reserve Command or the Air National Guard.

Topics covered

• USAFA real property leases
• AFAAC-sponsored events
• In-kind consideration
• Annual event forecasts
• FUL and FUA preparation
• Fair market value assessment

Questions and answers

What are AFAAC-sponsored revenue-generating events?

AFAAC-Sponsored Revenue Generating Events are events at USAFA that are planned or executed solely by AFAAC or in association with non-USAFA organizations.

When are recurring annual AFAAC events approved?

Recurring annual AFAAC events (major or minor) shall be approved on an annual basis.

What license is issued for minor revenue-generating events?

Minor revenue generating events will be issued a no-cost license.

When are major revenue-generating events issued a lease?

Major revenue generating events, and events which garner national interest or exposure will be issued a lease, where FMV will be assessed.

When must the annual event list be generated?

USAFA/AD shall generate a list of official USAFA-sponsored events and AFAAC-sponsored revenue generating events a minimum 30 days prior to the beginning of the Academic Year (AY).

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