FACILITIESAPPROVED

cortland_county_public_works_committee_meeting_age.pdf

Cortland County Renews MH-2 Airport Hangar Lease

$16,560.00 for 2026; Optional $16,800.00 for 2027 ($1,380.00/month in 2026; $1,400.00/month in 2027)Cortland CountyDM3 OF CORTLAND LLCDecember 2, 2025

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Description

The Cortland County Legislature’s Public Works Committee approved a lease of approximately 6,500 square feet in Hangar MH-2 at the Cortland County Airport to DM3 of Cortland, LLC. The agreement sets 2026 rent at $16,560 with an optional 2027 extension at $16,800, continuing prior lease terms and conditions.

Contract Details

Contract Amount

$16,560.00 for 2026; Optional $16,800.00 for 2027 ($1,380.00/month in 2026; $1,400.00/month in 2027)

Vendor

DM3 OF CORTLAND LLC

Agency

Cortland County, NY

Contract Type

FACILITIES

Document Date

December 2, 2025

Contract Term

Year 1: January 1, 2026 – December 31, 2026; Optional one-year extension: January 1, 2027 – December 31, 2027

Renewal Date

2027-12-31

Renewal Info

Initial one-year term for calendar year 2026 with an optional one-year extension for calendar year 2027 at an increased annual rental rate. All terms and conditions of the previous Hangar MH-2 lease remain in effect under this new agreement.