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Committee authorizes 20-year lease renewal with FAA at Grand Strand Airport
Summary
The committee approved authorizing a 20-year lease with the U.S. Department of Transportation/Federal Aviation Administration for about 0.7 acres at Grand Strand Airport (including the control tower site); the FAA will bear operations and maintenance costs and no annual rent was recorded.
The subcommittee approved a motion to authorize renewal of a lease with the U.S. Department of Transportation, Federal Aviation Administration, for property at Grand Strand Airport that includes the site of the aircraft control tower.
"This property is consistent about 0.7 acres, and it includes the site of the aircraft control tower," the presenting official said, describing a 20-year agreement under which the FAA would be responsible for operation and maintenance and no annual rental income would be recorded. Committee members moved and approved staff's recommendation to proceed with the lease renewal.
