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Council sets airport lease rates, notifies leaseholders of default and approves MnDOT grant agreements
Summary
Council adopted staff‑recommended airport lot lease rates for July 2026 and July 2027, authorized staff to notify three hangar‑lot leaseholders that they are in default and to negotiate construction agreements, and approved execution of state airport grant agreements with MnDOT.
The City Council approved a package of airport items that included setting land‑lease rates, directing default notices to three hangar‑lot lessees and approving state grant agreements.
Airport staff presented the airport commission’s recommendation to apply a two‑year Consumer Price Index rate to land‑lease rates and recommended staff’s alternative; the…
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