Title
Air Canada Lease
Action
Action:
Approve a five-year lease with Air Canada for office space in the terminal of the Charlotte Douglas International Airport.
Body
Staff Resource(s):
Brent Cagle, Aviation
Haley Gentry, Aviation
Explanation
§ Aviation has agreed to lease 169 square feet of office space in the terminal to Air Canada to support its airline operations.
§ Annual rent based on the terminal rental rate is $7,062.78, with a total five-year lease value of $35,313.90.
§ 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