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Council approves 10-year lease for two commercial hangars at Show Low Regional Airport
Summary
The Show Low City Council unanimously approved a 10-year commercial hangar lease and operating agreement with Arrow Products Component Services Inc. for two city-owned hangar units, with standard CPI adjustments and tenant responsibility for utilities.
The Show Low City Council on an unanimous vote approved a 10-year commercial hangar lease and operating agreement with Arrow Products Component Services Inc. for two city-owned hangar units at Show Low Regional Airport.
City staff said the city received two proposals — one for each available unit — and both were from Arrow Products Component Services Inc., so there were no competing bidders. City staff described the lease…
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