Title
Air General, Inc. Lease
Action
Action:
Approve a five-year lease with Air General, Inc. for office and warehouse space at 4818 A-1 Express Drive.
Body
Staff Resource(s):
Brent Cagle, Aviation
Haley Gentry, Aviation
Explanation
§ Air General, Inc. will lease 743 square feet of office space and 1,014 square feet of warehouse in the cargo area at the Airport to support its cargo operations (Council District 3).
§ Annual rent based on the cargo rental rate is $18,321.64, with a total five-year lease value of $91,608.21.
Fiscal Note
Funding: Aviation’s Operating Budget