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Commissioners terminate old Hangar 18 lease and approve new lease to Grand Aviation LLC
Summary
The county terminated an April 2021 Hangar 18 lease with Tim Crane and approved a replacement lease with Grand Aviation LLC; the new lease term will run through Sept. 1, 2050 under the presented schedule.
Airport manager Sean Mahorney presented a termination of the original Hangar 18 lease (dated April 2021) with Tim Crane and a proposed new lease to Grand Aviation LLC. Staff confirmed the termination should occur before executing the new lease to make the hangar available to a new operator.
The board approved a motion to terminate the original lease and then moved to approve the new Hangar 18 lease for Grand Aviation LLC; both motions passed by voice vote. Mahorney noted the prorated initial payment and an approximate full-year figure tied to the lease.
