Melbourne Airport Authority Agenda 2026-06-24
Restated Ground Lease Approved For South Brevard Aviation
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Description
The Board is asked to approve an Amended and Restated Aeronautical Commercial Ground Lease Agreement with South Brevard Aviation, Inc., reducing its leasehold from 1.28 to 0.88 acres and setting new annual rent at $20,210.53. The restated lease supersedes seven prior amendments while maintaining existing lease duration and core terms.
Contract Details
Contract Amount
Annual ground rent $20,210.53 after reduction
Vendor
SOUTH BREVARD AVIATION INC
Agency
Melbourne Airport Authority, FL
Contract Type
FACILITIES
Document Date
June 24, 2026
Renewal Info
Existing long-term lease from 1986 remains in effect with an amended and restated document that incorporates prior amendments and reduces leased acreage and rent; no changes to lease duration.
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