City of Big Spring Regular City Council Agenda Packet May 12 2026
City Plans New Lease with Hangar 25 Air Museum
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Description
Big Spring is considering approval of a new lease agreement with Hangar 25 Air Museum Association for space at McMahon‑Wrinkle Airport and Industrial Park. The 10‑year lease, at $1.00 per year with a 5‑year renewal option, supports continued museum operations and public events in City facilities.
Contract Details
Contract Amount
$1.00 per year
Vendor
HANGAR 25 AIR MUSEUM ASSOCIATION
Agency
Big Spring Housing Authority, TX
Contract Type
FACILITIES
Document Date
May 12, 2026
Contract Term
Initial 10-year term from Effective Date with one 5-year renewal option
Renewal Info
Lessee has one option to renew for an additional five years by providing written notice at least three months before the end of the initial 10‑year term; renewal rent to be established by the City upon exercise of the option.
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City of Big Spring Regular City Council Agenda Packet May 12 2026
City of Big Spring City Council Regular Agenda May 12, 2026
City of Big Spring City Council Regular Agenda May 12, 2026
City of Big Spring Regular City Council Agenda Packet May 12 2026
City of Big Spring City Council Regular Agenda May 12, 2026
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