City of Burlington Committee of the Whole Agenda Packet 2026-06-02
City adjusts lease terms for WASSAIR airport hangar
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Description
Burlington executed a Landlord’s Release and Consent related to its existing ground lease with WASSAIR AVATION LLC for a hangar at 1284 Mike Taxiway, enabling the tenant’s financing with Community State Bank. The consent refines rights among the City, tenant, and lender in case of default.
Contract Details
Vendor
WASSAIR AVATION LLC
Agency
City of Burlington city, WI
Contract Type
FACILITIES
Document Date
June 2, 2026
Renewal Info
Existing airport ground lease with WASSAIR AVATION LLC remains in effect; the new consent adds lender protections without changing core lease duration or rent terms as described.
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