Airport lease amendment defeated after debate over fixed increases vs. CPI
Apr 25, 2018
Apr 25, 2018
A proposed change to Plattsburgh International Airport tenant lease renewals that would set fixed increases instead of indexing to the Consumer Price Index was defeated 1–9; Legislator Mark Dame argued the change could reduce county lease revenue if CPI rises.
The full story
A proposed amendment to lease terms for tenants at Plattsburgh International Airport failed on a roll-call vote April 25 after legislators expressed concern the change would set fixed increases rather than follow the Consumer Price Index (CPI).
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