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The Airport Commission recommended increasing ground lease rents by 4.8% for 2026 and 2027, raising non-commercial hangar lot rates from $0.1170 to $0.1226 per square foot. The recommendation now goes to the City Council.
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Airport tenants would pay higher ground rents for the next two years if the City Council approves the recommendation. The commission also recommended reducing internet service at the arrival and departure building, expected to save about $75 per month. Leaseholders of three vacant commercial lots would be asked to obtain building permits by February 1, 2027, and complete hangars within one year after permitting.
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