Fayetteville leases land for aircraft hangar construction.
- Disclosed value
- $4,200/year
- From contract
- Document date
- Jan 1, 2025
- Term
- 30 years + optional extensions
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THE 30-SECOND BRIEF
City of Fayetteville leases land to Dawson Aero and Shannon Homes for aircraft hangar construction. The initial term is 30 years with options to extend. Annual rent is $4,200, with increases during renewal periods.
Dawson Aero & Shannon Homes holds this ground lease contract with City of Fayetteville. Its other public contracts on record include work for City of West Fork and Fayetteville Housing Authority.
Term as filed: 30 years + optional extensions.
Contract details
- Contract type
- Ground Lease
- Amount
- $4,200/year
- Document date
- January 1, 2025
- Term
- 30 years + optional extensions
- Vendor
- Dawson Aero & Shannon Homes
- Agency
- City of Fayetteville
- Source document
- city-of-fayetteville-ground-lease-agreement_22c.pdf (Contract)
Dawson Aero & Shannon Homes's other public contracts
More City of Fayetteville contracts
Questions about this contract
Who was awarded the ground lease contract by City of Fayetteville?
Dawson Aero & Shannon Homes was awarded this ground lease contract by City of Fayetteville, as recorded on January 1, 2025. The contract value is $4,200/year.
How much is the Dawson Aero & Shannon Homes contract with City of Fayetteville worth?
The Dawson Aero & Shannon Homes contract with City of Fayetteville is valued at $4,200/year, covering ground lease work.
What type of contract is this?
This is a Ground Lease contract, documented as a contract record.
Where was this contract approved?
This contract appears in city-of-fayetteville-ground-lease-agreement_22c.pdf (Contract), dated January 1, 2025 from City of Fayetteville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What is City of Fayetteville currently buying?
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