New Hanover County Airport Authority Meeting AgendaPacket May 2026
Fifth Sublease Amendment Recommended for CIL ILM 2
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Description
The committee recommended approval of the Fifth Amendment to the sublease with CIL ILM 2, LLC to extend the financing period to March 31, 2027 while leaving all other dates unchanged. This action relates to an airport property sublease and financing timeline adjustment.
Contract Details
Vendor
CIL ILM 2 LLC
Agency
Wilmington Airport Authority, NC
Contract Type
OTHER
Document Date
May 3, 2026
Contract Term
Financing period extended to March 31, 2027; all other dates, including Rent Commencement, remain the same
Renewal Date
2027-03-31
Renewal Info
Fifth amendment extends financing period to March 31, 2027; all other dates, including rent commencement, remain unchanged.
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