Central Illinois Regional Airport Authority Board of Commissioners Meeting Minutes March 19 2026
Airport Renews Ground Lease with Frontier Communications
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Description
The Central Illinois Regional Airport Authority approved a renewed ground lease with Frontier Communications for antenna support facilities on airport property. The updated agreement runs for 10 years with an optional 10-year extension and includes CPI rent adjustments every five years.
Contract Details
Vendor
FRONTIER COMMUNICATIONS
Agency
Bloomington Normal Airport Authority, IL
Contract Type
FACILITIES
Document Date
March 19, 2026
Contract Term
10 years with one 10-year extension; CPI increase every 5 years
Renewal Info
New 10-year lease term with one optional 10-year extension; rent adjusted by CPI every five years.
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