Title
GAT Airline Ground Support, Inc. Lease
Action
Action:
Approve a three-year lease with GAT Airline Ground Support, Inc. for office space in the terminal of Charlotte Douglas International Airport.
Body
Staff Resource(s):
Brent Cagle, Aviation
Haley Gentry, Aviation
Explanation
§ Aviation has agreed to lease 473 square feet of office space in the terminal to GAT Airline Ground Support, Inc. to support various airlines’ operations.
§ The first year’s rent based on the terminal rental rate is $27,545.28. The total three-year lease value will vary based on the annual terminal rental rate.
§ This activity is occurring on airport property (Council District 3).
Fiscal Note
Funding: Revenue from the lease agreement will be deposited within Aviation’s operating budget