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Airport staff recommend one‑year operating agreement with car‑sharing platform Turo; agreement includes revenue share and insurance requirements
Summary
The airport proposed a one‑year operating agreement with Turo Inc. to allow car owners to rent vehicles on airport property, with the airport to receive 10% of Turo’s gross receipts at the airport; the agreement requires insurance, indemnification and audit rights.
Airport staff recommended a one‑year operating agreement with Turo Inc. during the Oct. 17 committee meeting, proposing designated airport parking for car‑sharing transactions and an airport revenue share.
Under the draft agreement, Turo may use designated parking areas at Lakeland Airport to facilitate peer‑to‑peer car rentals, and the airport would receive 10%…
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