Airport extends hangar land lease for LH Construction
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Description
The Newnan-Coweta County Airport Authority is asked to approve an amendment to the hangar land lease with LH Construction Group, Inc. for 290 West Aviation Way, extending the term by ten years to compensate for about $172,000 in additional stormwater management costs. Staff note the extension remains within FAA lease term guidance and recommend execution of the amendment.
Contract Details
Vendor
LH CONSTRUCTION GROUP INC
Agency
Coweta County, GA
Contract Type
FACILITIES
Document Date
June 19, 2026
Contract Term
Existing term: April 1, 2024 – March 31, 2054 with two 5‑year options; proposed additional 10‑year extension
Renewal Date
2054-03-31
Renewal Info
Original lease is a 30‑year term from April 1, 2024 to March 31, 2054 with two 5‑year renewal options; proposed amendment adds an extra 10‑year extension to the term to address tenant stormwater cost overruns, while remaining under FAA land lease term recommendations.
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