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Committee authorizes ground lease for portion of Blackstone Hangar at Jamestown Airport
Summary
The Public Facilities Committee approved a ground lease with JHW for the east portion of the former Blackstone Hangar at Jamestown Airport: $2,000 annually with a 2% compounded increase, a 10-year term and two renewal options.
The Chautauqua County Public Facilities Committee on June 16 authorized a ground lease for a portion of the former Blackstone Hangar at Jamestown (JHW) Airport.
John Mackimer, Jamestown Airport manager, described the lease as covering the east portion of the hangar. He said the annual rent would be $2,000 with a 2% compounded increase, a 10-year primary term and two options to renew.
Committee members reviewed the terms without additional conditions and approved the authorization by voice vote; the transcript records the motion as carried. The county did not record further details about the tenant identifier beyond the name JHW in the agenda item.
