LEASEAMENDED

Vermeer Hangar Lease Amended at Municipal Airport

The City of Pella and Vermeer Manufacturing Company executed a first amendment to the hangar lease, raising annual rent to $5,442 and adjusting the lease area effective May 1, 2026.

Status
AMENDED
Document date
February 3, 2026
Contract type
LEASE
Vendor
Vermeer Manufacturing Company
Agency
City of Pella · IA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$5,442 per year (was $1,000/year through April 30, 2026)
Contract type
LEASE
Contract term
May 1, 2026 and annually thereafter; 5-year reviews; escalation clause: max 10% over previous 5-year period
Renewal date
2031-05-01
Renewal
Rent to be reviewed every five years; annual increase capped at 10% over prior 5-year amount.
Document type
Agenda
Source document
City of Pella City Council Meeting Agenda February 3, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the lease contract by City of Pella?

Vermeer Manufacturing Company was awarded this lease contract by City of Pella, as recorded on February 3, 2026. The contract value is $5,442 per year (was $1,000/year through April 30, 2026).

How much is the Vermeer Manufacturing Company contract with City of Pella worth?

The Vermeer Manufacturing Company contract with City of Pella is valued at $5,442 per year (was $1,000/year through April 30, 2026), covering lease work.

What type of contract is this?

This is a Lease contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Pella City Council Meeting Agenda February 3, 2026 (Agenda), dated February 3, 2026 from City of Pella. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Vermeer Manufacturing Company hold?

Vermeer Manufacturing Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Vermeer Manufacturing Company's profile

What is City of Pella currently buying?

Explore City of Pella's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Pella's profile

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