Airport Board Confirms MFG Lease Renewal With Rent Increase

The Ashtabula County Airport Authority approved a Landlord Estoppel Certificate and formally acknowledged MFG's renewal of its airport lease for an additional term starting February 2025 with a 5% rent increase. MFG has begun paying the higher rent and was invoiced for the retroactive increase from February through July 2025.

Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Contract term

Additional lease term beginning 02/01/2025 with 5% rent increase

Renewal

Initial five-year lease expired 01/31/2025; MFG exercised a renewal option late via written acknowledgment. Renewal term includes a 5% rent increase, and the Treasurer invoiced MFG for unpaid increases covering February–July 2025.

Document type

Minutes

Source document

Ashtabula County Airport Authority Special Board Meeting July 2025

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Ashtabula County Airport Authority Minutes Regular Board Meeting 2026-05-14

DISCUSSED

Ashtabula County Airport Authority, OhioMay 14, 2026

Ashtabula County Airport Authority Regular Board Meeting August 2025

APPROVED

Ashtabula County Airport Authority, OhioAug 14, 2025

Ashtabula County Airport Authority Special Board Meeting Minutes July 2025

RENEWED

Ashtabula County Airport Authority, OhioMonthly rent with 5% increase (amount not stated)Jul 17, 2025

cooper-public-schools-agenda-2025-06-16_3d2.txt

pending

Cooper Public Schools, MaineNAJun 16, 2025

cooper-public-schools-agenda-2025-06-16_4d4.pdf

pending

Cooper Public Schools, MaineNAJun 16, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Ashtabula County Airport Authority?

MFG was awarded this facilities contract by Ashtabula County Airport Authority, as recorded on July 17, 2025.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Ashtabula County Airport Authority Special Board Meeting July 2025 (Minutes), dated July 17, 2025 from Ashtabula County Airport Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does MFG hold?

MFG 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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