FACILITIESAMENDED

City updates aviation ground lease documentation

The City of Fairmont will consider approving a Memorandum of Lease and Consent to Leasehold Mortgage with Advantage Aviation Services LLC for a 30-year ground lease at the Fairmont Municipal Airport. The action updates the legal description and facilitates the tenant’s financing for hangar construction without changing the lease’s substantive terms.

Status
AMENDED
Document date
July 27, 2026
Contract type
FACILITIES
Vendor
Advantage Aviation Services Llc
Agency
City of Fairmont · MN

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FACILITIES
Contract term
30-year term beginning on the Commencement Date specified in the lease (2026)
Renewal date
2056-12-31
Renewal
Third Party Development and Ground Lease was originally approved April 27, 2026 for a 30-year term; this action is an administrative amendment updating the legal description and acknowledging leasehold financing, with no change to lease duration.
Document type
AgendaPacket
Source document
City of Fairmont Agenda Packet 2026-07-27

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Fairmont?

Advantage Aviation Services Llc was awarded this facilities contract by City of Fairmont, as recorded on July 27, 2026.

What type of contract is this?

This is a Facilities contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Fairmont Agenda Packet 2026-07-27 (AgendaPacket), dated July 27, 2026 from City of Fairmont. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Advantage Aviation Services Llc hold?

Advantage Aviation Services Llc 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 City of Fairmont currently buying?

Explore City of Fairmont's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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