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Stockton Metropolitan Airport (Authority/Operations) Awards Ground Lease Contract to Burrell Aviation Stockton (May 2023)

Stockton Metropolitan Airport (Authority/Operations)
Approved
May 30, 2023

The 30-second brief

What it covers

Ground lease with Burrell Aviation Stockton LLC approved for 30 years with an option to extend for another 5 years. Rental rate will be the greater of $0.42 per square foot or 10% of the appraised land value.

Who holds it

Burrell Aviation Stockton holds this ground lease contract with Stockton Metropolitan Airport (Authority/Operations).

What happens next

Term as filed: 30-year ground lease and one 5-year option.

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Contract details

Contract type
Ground Lease
Document date
May 30, 2023
Term
30-year ground lease and one 5-year option
Vendor
Burrell Aviation Stockton
Agency
Stockton Metropolitan Airport (Authority/Operations)
Source document
stockton-metropolitan-airport-aviation-advisory-committee-minutes-may-30-2023_5e3.pdf (Minutes)

Burrell Aviation Stockton's other public contracts

Stockton Metropolitan Airport (Authority/Operations), CaliforniaBurrell Aviation Ground Lease Approval Recommended · May 30, 2023UndisclosedAll Burrell Aviation Stockton contractsVendor profile

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Questions about this contract

Who was awarded the ground lease contract by Stockton Metropolitan Airport (Authority/Operations)?

Burrell Aviation Stockton was awarded this ground lease contract by Stockton Metropolitan Airport (Authority/Operations), as recorded on May 30, 2023.

What type of contract is this?

This is a Ground Lease contract, documented as a minutes record.

Where was this contract approved?

This contract appears in stockton-metropolitan-airport-aviation-advisory-committee-minutes-may-30-2023_5e3.pdf (Minutes), dated May 30, 2023 from Stockton Metropolitan Airport (Authority/Operations). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Burrell Aviation Stockton hold?

Burrell Aviation Stockton may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Stockton Metropolitan Airport (Authority/Operations) currently buying?

Explore Stockton Metropolitan Airport (Authority/Operations)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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