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Council hears airport lease termination and $67,937 waiver request for Lot 304; no council vote recorded
Summary
City staff reported that PGF LLC requested termination of the Lot 304 lease on Arlington Airport property and asked the city to waive the 2025 payment of $67,937 and related costs; council discussed precedent and market prospects but did not record a formal decision.
City staff presented a request from PGF LLC to terminate its lease of Lot 304 at Arlington Airport and to waive the 2025 lease payment of $67,937 and associated costs.
Paul Monroe, airport staff member, explained Lot 304 is on airport land northwest of Weston High School near the 170 Second and 40 Third intersection. He said PGF LLC served as project manager for a planned Department of Social and Health Services building; the firm has stayed current on lease payments until the termination request but cited…
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