Livingston County Board of Commissioners Agenda Packet 2026-06-22
Long-Term Lease Approved for Old Airport Terminal
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Description
Livingston County approved a 20-year lease with S.E. Metro Properties LLC for the old airport terminal building and adjacent land, with initial annual rent of $22,222.09 and CPI-based increases. The tenant will renovate the building for offices and construct a 100-by-100-foot aircraft hangar, with options for two additional five-year renewals.
Contract Details
Contract Amount
$22,222.09 annually (initial), $1,851.84/month for July–December 2026, subject to annual CPI increases
Vendor
S.E. METRO PROPERTIES LLC
Agency
Livingston County, MI
Contract Type
FACILITIES
Document Date
June 22, 2026
Contract Term
July 1, 2026 – June 30, 2046, with two optional 5-year renewals
Renewal Date
2046-06-30
Renewal Info
Lease runs 20 years from July 1, 2026 to June 30, 2046, with tenant options for up to two additional five-year renewal terms at adjusted rental rates based on CPI.
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