City of Dallas Council Agenda 2026-05-27
Long-Term Love Field Lease with Signature Flight Support
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Description
The City of Dallas plans a 20-year lease with Signature Flight Support LLC for nearly 49 acres at Dallas Love Field, requiring a $65 million capital investment and generating an estimated $100.8 million in Aviation Fund revenue over the primary term. The lease includes multiple long-term renewal options and additional Aviation Construction Fund revenue.
Contract Details
Contract Amount
Capital investment obligation of $65,000,000.00; estimated revenue Aviation Fund $100,774,049.00 over primary term and $514,579,706.00 during renewals; Aviation Construction Fund $4,500,000.00
Vendor
SIGNATURE FLIGHT SUPPORT LLC
Agency
City of Dallas city, TX
Contract Type
FACILITIES
Document Date
May 27, 2026
Contract Term
Twenty-year lease with two fifteen-year and one fourteen-year renewal options
Renewal Info
Lease includes two fifteen-year and one fourteen-year renewal options beyond the initial twenty-year term.
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