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Finance committee OKs execution of airport ground lease for Mike Yankaitis

5825920 · September 24, 2025
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Summary

The City of Wausau Finance Committee voted to authorize execution of an airport ground lease for Mike Yankaitis after brief discussion; the measure will go forward to the full council.

The City of Wausau Finance Committee voted Tuesday to authorize execution of an airport ground lease for Mike Yankaitis.

The measure, introduced at the committee meeting in council chambers, drew no substantive public discussion. Alder Tierney moved to approve the authorization and Alder Henke seconded. The committee chair called for the vote; members responded “aye” and the motion carried unanimously.

Committee members said the lease follows the same form the city has used for previous hangar ground leases. The airport manager was present for questions but no substantive concerns or amendments were raised during the committee discussion.

The committee chair said the item will be placed on the full Common Council agenda later the same evening for final action.

The vote authorizes city staff to execute the ground lease documented in the meeting packet; the lease itself and any final contract details were not read into the record during the committee session.

No additional directions to staff or conditions were recorded in the transcript.