Airport Authority Plans Lease With Roper For Hangar

The Sarasota Manatee Airport Authority staff recommends awarding a 20‑year Lease and Development Agreement to Roper Technologies, Inc. to construct and operate private aircraft storage facilities on approximately 90,670 square feet of airport land. Roper will pay initial land rent of $0.85 per square foot per year, totaling about $77,070 annually, with CPI and appraisal-based adjustments and an option for a 10‑year renewal.

Scope & details

The full contract record, as filed.

Contract amount

$0.85 per square foot per annum (initially $77,070.00 per year)

Contract type

FACILITIES

Contract term

Initial twenty (20) year term with one ten (10) year renewal term; approximately 90,670 sq ft of land

Renewal

Lessee has one option to renew for an additional ten (10) years, subject to Board approval and written notice at least six months before the end of the initial term. Rent is subject to CPI adjustments every three years and appraisal-based resets at year 10 and at the start of any renewal term.

Document type

Agenda

Source document

sarasota_manatee_airport_authority_board_meeting_a.pdf

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Sarasota Manatee Airport Authority Board Meeting Agenda February 2026

AMENDED

Sarasota-Manatee Airport Authority, FloridaFeb 9, 2026

CH (LOCAL) Exception Report February 2026

ONGOING

Birdville Isd, Texas$51,173.86Feb 1, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Sarasota Manatee Airport Authority?

Roper Technologies Inc was awarded this facilities contract by Sarasota Manatee Airport Authority, as recorded on November 17, 2025. The contract value is $0.85 per square foot per annum (initially $77,070.00 per year).

How much is the Roper Technologies Inc contract with Sarasota Manatee Airport Authority worth?

The Roper Technologies Inc contract with Sarasota Manatee Airport Authority is valued at $0.85 per square foot per annum (initially $77,070.00 per year), covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in sarasota_manatee_airport_authority_board_meeting_a.pdf (Agenda), dated November 17, 2025 from Sarasota Manatee Airport Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Roper Technologies Inc hold?

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

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What is Sarasota Manatee Airport Authority currently buying?

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