Greater Lawrence Technical School District Committee Meeting Minutes January 2026
Charter Amended for 20-Year Airport Land Sublease
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Description
The committee approved amending the District charter to enter a 20-year land sublease agreement with the City of Lawrence for space at Lawrence Municipal Airport at a base rent of $607.65 per month, subject to CPI adjustments.
Contract Details
Contract Amount
$607.65/month ($7,291.80 annually), subject to CPI adjustment
Vendor
CITY OF LAWRENCE
Agency
Greater Lawrence Regional Vocational Technical, MA
Contract Type
FACILITIES
Document Date
January 9, 2026
Contract Term
20 years, option for 4-year extension
Renewal Date
2046-01-09
Renewal Info
Includes option for 4-year extension; CPI adjustment every three years; District responsible for proportional maintenance costs and fees.
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