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Board OKs moving forward on four-year airport lease extensions for cold box and testing building
Koochiching Economic Development Authority (KEDA) · April 15, 2026
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
KEDA acknowledged and advanced an extension of two airport leases — the land lease at $2,000 per year and a testing building lease at about $2,100 per month — to be finalized pending airport commission approval.
Board members acknowledged and moved to advance a four-year extension of two leases at the airport tied to the cold-weather testing facility, pending the airport commission’s formal approval.
A board member (speaker S5) described the arrangements as two separate leases:…
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