Cortland County Legislature Legislative Session Minutes January 25 2024
Hangar Lease at Airport Approved for DM3 of Cortland LLC
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Description
The County approved a lease agreement with DM3 of Cortland, LLC for 6,500 square feet in Hangar MH-2 at the Airport, valued at $16,080 for the first year and $16,320 for an optional second year.
Contract Details
Contract Amount
Year 1: $16,080; Year 2 (option): $16,320
Vendor
DM3 OF CORTLAND LLC
Agency
Cortland County, NY
Contract Type
FACILITIES
Document Date
January 25, 2024
Contract Term
Initial: Jan 1, 2024 – Dec 31, 2024; Option: Jan 1, 2025 – Dec 31, 2025
Renewal Date
2025-12-31
Renewal Info
One-year lease with option for one-year extension at preset increased rent.
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