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MTSU lease amendment would add 4.8 acres at Shelbyville airport; city staff say state will pay a prorated first-year amount
Summary
The airport director and staff described an amended lease with MTSU that adds roughly 4.8 acres to an existing airport lease; the state will make a catch-up payment of about $90,000 covering July 2024 and annual payments will consolidate in July of the coming year.
Airport director Paul Perry and staff briefed the council on an agreed lease amendment with Middle Tennessee State University (MTSU) that would add about 4.8 acres to the university's existing lease at the Shelbyville airport.
Paul Perry said the amendment consolidates the existing 16-acre lease and the additional tract into a single lease of almost 21 acres and adjusts the lease shape to run along the southern…
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