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Six tenants have refused to sign revised lease; board seeks clarity on renewal language
Summary
Board members reported that six tenants refused to sign the new lease draft; members debated whether renewal should preserve old terms month-to-month or require signing the new contract at new rates and agreed to get legal clarification.
A board member told the Chaffee County Airport Board that "All 6 have refused to sign this new version of the lease," prompting detailed discussion about what existing renewal clauses actually obligate tenants to sign. Members debated whether the 20-year renewal terms continue under prior contract terms or require a signing of a new contract at posted rates.
Board members said the existing lease language varies by tenant and recommended that staff and counsel review each lease individually to determine whether renewals continue at old terms or must be executed on the new form. The board agreed to circulate the current drafts and consolidate comments for the attorney to review before taking formal action.
