City of Lincoln Airport Committee Agenda Packet 2026-05-20
Airport Holds Long-Term Kracon Loan Receivable
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Description
The City of Lincoln Airport fund maintains a long-term loan receivable from Kracon, with regular payments and payoff targeted for 2037. This agreement represents part of the airport’s long-range financial assets.
Contract Details
Vendor
KRACON
Agency
City of Lincoln, IN
Contract Type
FINANCIAL_SERVICES
Document Date
May 20, 2026
Contract Term
Loan to be paid off in 2037
Renewal Date
2037-12-31
Renewal Info
Loan amortizes through 2037; no renewal terms mentioned.
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