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Council approves airport terminal lease with MACEDC; staff to seek FAA guidance on below‑market rent for military use
Summary
The council approved an airport terminal lease with the Minot Area Chamber EDC and chose option 3 after extended discussion; staff will consult the FAA about whether charging $1 annually for non‑aeronautical use would violate federal grant assurances.
The Minot City Council on Aug. 18 approved an agreement (option 3) to lease airport terminal space to the Minot Area Chamber EDC (MACEDC) to facilitate space use for military personnel, while directing staff to pursue FAA guidance on whether reducing rent to $1 would violate federal grant assurances.
Council members debated whether the city can offer space at nominal rent when the terminal space would be used for non‑aeronautical purposes.…
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