Canaveral Port Authority Agenda Item Request 2026-04-29
One-year lease extension for Florida Air Tours Inc.
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Description
Canaveral Port Authority is considering approval of a Fourth Modification to its lease with Florida Air Tours Inc. for 13,525 square feet at 673 Dave Nisbet Drive at $2,964.23 per month, totaling $35,571 over a one-year term from May 1, 2026 through April 30, 2027. The lease supports ongoing helicopter air tour operations and includes a 120-day termination option for the Authority.
Contract Details
Contract Amount
$2,964.23 per month; total rent revenue $35,571
Vendor
FLORIDA AIR TOURS INC
Agency
Canaveral Port District, FL
Contract Type
FACILITIES
Document Date
April 29, 2026
Contract Term
May 1, 2026 - April 30, 2027 (one year)
Renewal Date
2027-04-30
Renewal Info
Fourth modification extending existing lease for one additional year with Canaveral Port Authority retaining a 120-day termination right; no capital improvements and terms otherwise unchanged per agenda description.
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