FACILITIESRENEWED

City extends airport ground lease with 540 Renton Hangar

The City of Renton plans to execute Amendment 8-23 with 540 Renton Hangar, LLC to renew and extend ground lease LAG 99-002 at Renton Municipal Airport. The five-year term runs from August 1, 2023 through July 31, 2028, with annual rent of $32,925.48 plus leasehold excise tax and CPI-based adjustments after 2025.

Document date · September 15, 2025

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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
$32,925.48 annually plus leasehold excise tax
Contract type
FACILITIES
Contract term
August 1, 2023 – July 31, 2028 (five-year extension)
Renewal date
2028-07-31
Renewal
Second five-year renewal under LAG 99-002 following initial term ending July 31, 2018 and first extension via Amendment 7-18 through July 31, 2023; this amendment renews through July 31, 2028 with CPI-based rent adjustments after July 31, 2025.
Document type
Agenda
Source document
city_of_renton_transportation_committee_meeting_ag.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Renton?

540 Renton Hangar Llc was awarded this facilities contract by City of Renton, as recorded on September 15, 2025. The contract value is $32,925.48 annually plus leasehold excise tax.

How much is the 540 Renton Hangar Llc contract with City of Renton worth?

The 540 Renton Hangar Llc contract with City of Renton is valued at $32,925.48 annually plus leasehold excise tax, 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 city_of_renton_transportation_committee_meeting_ag.pdf (Agenda), dated September 15, 2025 from City of Renton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 540 Renton Hangar Llc hold?

540 Renton Hangar Llc 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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