Ashtabula County Airport Authority Special Board Meeting July 2025
Airport Board Confirms MFG Lease Renewal With Rent Increase
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Description
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.
Contract Details
Vendor
MFG
Agency
Ashtabula County Airport Authority, OH
Contract Type
FACILITIES
Document Date
July 17, 2025
Contract Term
Additional lease term beginning 02/01/2025 with 5% rent increase
Renewal Info
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.
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Related Contracts
Ashtabula County Airport Authority Regular Board Meeting August 2025
APPROVEDAshtabula County Airport Authority Special Board Meeting Minutes July 2025
RENEWEDcooper-public-schools-agenda-2025-06-16_3d2.txt
pendingcooper-public-schools-agenda-2025-06-16_4d4.pdf
pendingcooper-isd-agenda-2025-06-16_500.txt
pendingMore from Ashtabula County Airport Authority
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Ashtabula County Airport Authority Special Board Meeting Minutes March 2026
Ashtabula County Airport Authority Special Board Meeting Minutes March 2026
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