Authorizing the City Manager to execute a hangar lease agreement between the City Of Laredo and Signature Flight Support, LLC, for a property located at 5513 Thomas Avenue, known as Hangars 1 & 2, constituting of approximately 14,702.18 square feet of hangar space. Lease term shall be for nine years commencing on the date of execution. The monthly rent shall be $4,291.00 and will be adjusted annually according to changes in the Consumer Price Index (CPI).

What this record is

Amount

$4K

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

contract

Field

Real estate

real estate contracts in TX that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Committee

City Council

Requested by

Airport

Introduced

March 21, 2025

On agenda

April 22, 2025

Where it was heard

City Council Apr 22, 2025 City Council Apr 7, 2025

Watch what Laredo buys

This is one award. Laredo signs them continuously, and each one names a company and a date it runs out. Say what you sell and we will email you when the next one matches.

Watch this

Free for 14 days, no card — and nothing charges itself: at day 14 the emails simply stop unless you choose to subscribe ($19 a month). One email when something matches, and nothing else. Unsubscribe from any of them. Searching stays free — it is public record.