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Council consolidates Lincoln Skyways ground leases and approves hangar expansion parcel

City of Lincoln City Council / Lincoln Redevelopment Successor Agency / Lincoln Public Financing Authority · March 26, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council approved consolidating five ground leases for Lincoln Skyways (BPM Rentals) and authorized a new ground lease for a hangar expansion adjacent to the airport ramp; operator Byron said the expansion supports maintenance, inspections and fuel sales that benefit airport activity.

Council approved a resolution March 26 authorizing the city manager to execute a consolidated ground lease with BPM Rentals/Lincoln Skyways that combines four existing leases and adds a new parcel for a proposed hangar expansion on the north end of Flight Line Drive.

Staff said consolidation simplifies lease…

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