Hickory City Council Agenda 2026-06-16
10-Year Airport Hangar Lease Approved for Flex Crew LLC
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Description
Hickory City Council approved a 10-year lease agreement with Flex Crew LLC for hangar, office, and shop space at Hickory Regional Airport. The agreement consolidates operations and is projected to generate $2,772,338 in revenue.
Contract Details
Contract Amount
Estimated revenue of $2,772,338
Vendor
FLEX CREW LLC
Agency
City of Hickory, NC
Contract Type
FACILITIES
Document Date
June 16, 2026
Contract Term
10-year term
Renewal Date
2036-06-16
Renewal Info
New 10-year lease consolidating prior separate agreements; options for additional hangar space included.
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