FACILITIESRECOMMENDED

Missoula County Airport Authority Minutes April 2026

Committee Backs New Minuteman Hangar Lease Deal

Missoula County Airport AuthorityMINUTEMAN AVIATIONApril 21, 2026

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Description

The Facility and Operations Committee recommended that the full Missoula County Airport Authority Board approve Minuteman Aviation’s construction of a new maintenance hangar on a long-term lease. The recommendation includes replacing performance and payment bonds with an irrevocable letter of credit and adding 12 years to the main FBO lease, contingent on timely removal of the old maintenance hangar.

Contract Details

Vendor

MINUTEMAN AVIATION

Agency

Missoula County Airport Authority, MT

Contract Type

FACILITIES

Document Date

April 21, 2026

Contract Term

New maintenance hangar on a new 30-year lease proposed; additional 12-year extension to main FBO lease to 2058 discussed

Renewal Date

2058-12-31

Renewal Info

Main FBO lease currently terminates in 2046; Minuteman Aviation requested a 12-year extension to 2058. Staff recommended placing the new maintenance hangar on a separate 30-year lease while keeping the existing FBO lease termination date, and tying any new or extended lease to successful removal of the old maintenance hangar with a financial guarantee via irrevocable letter of credit instead of bonding.