DNR Airport Land Lease Amended, New Rental Rates Approved
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Description
The Michigan DNR executed an addendum with County of Luce to increase the annual rent for airport land through 2030, with three five-year renewal options available.
Contract Details
Contract Amount
Annual PSF rental $405-$415 (varies by renewal period)
Vendor
COUNTY OF LUCE
Agency
Michigan Department of Technology, Management and Budget|Administrative Board, MI
Contract Type
FACILITIES
Document Date
June 2, 2026
Contract Term
Through December 31, 2030; three 5-year renewal options
Renewal Date
2030-12-31
Renewal Info
Three five-year renewals available after initial term; PSF rates of $405, $410, $415 applied to each period.
Issuing Agency
State
Lansing, MI
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