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File #: 15-22321    Version: 1 Name:
Type: Consent Item Status: Agenda Ready
File created: 2/13/2024 In control: City Council Business Meeting
On agenda: 3/25/2024 Final action: 3/25/2024
Title: Airport Property Lease with Xtreme Aviation


Airport Property Lease with Xtreme Aviation




Approve a five-year lease agreement with Xtreme Aviation, LLC for warehouse and office space at the Airport.



Staff Resource(s):

Haley Gentry, Aviation

Ted Kaplan, Aviation



§                     Xtreme Aviation, LLC will lease the property at 4728 West Blvd., Ste. C, which contains 1,218 square feet.

§                     Xtreme Aviation, LLC is a company that provides aircraft maintenance services and will be the maintenance provider for Spirit Airlines at Charlotte Douglas International Airport.

§                     The agreement will be a five-year lease beginning July 5, 2024, and ending July 4, 2029. 

§                     Rent is $1,700 per month for the first year with three percent increases each year.


Fiscal Note

Funding:  Revenue from the lease will be deposited in the Aviation Operating Fund.