Title
Lufthansa Airlines Lease
Action
Action:
Approve a five-year lease with Lufthansa Airlines for office and ramp space in the Terminal at Charlotte Douglas International Airport.
Body
Staff Resource(s):
Brent Cagle, Aviation
Haley Gentry, Aviation
Explanation
§ Lufthansa will lease 1,445 square feet of office space on the passenger level of the Airport terminal and 790 square feet of office space on the ramp level of the Airport terminal to accommodate its passenger operations (Council District 3).
§ Annual rent is $104,463.90 with a total five-year lease value of $522,319.50.
Fiscal Note
Funding: Aviation’s Operating Budget