Airport Renews Hangar Lease With MFG
Trusted by teams at
Description
The Airport Authority formally acknowledged renewal of MFG’s hangar lease for an additional term following the expiration of its initial five-year lease on January 31, 2025. The renewal includes a 5% increase in monthly rent, and the Treasurer has invoiced MFG for unpaid increases from February through July 2025.
Contract Details
Contract Amount
Monthly rent with 5% increase (amount not stated)
Vendor
MFG
Agency
Ashtabula County Airport Authority, OH
Contract Type
FACILITIES
Document Date
July 17, 2025
Contract Term
Initial five-year term expired 01/31/2025; renewal term of additional unspecified duration starting 02/01/2025
Renewal Date
2026-01-31
Renewal Info
Initial five-year lease expired 2025-01-31; MFG exercised a renewal option with written acknowledgment after the deadline. Renewal term adds at least one additional term with a 5% rent increase; Treasurer invoiced back rent for February–July 2025.
More from MFG
More from Ashtabula County Airport Authority
Ashtabula County Airport Authority Special Board Meeting Minutes March 2026
Ashtabula County Airport Authority Special Board Meeting Minutes March 2026
Ashtabula County Airport Authority Special Board Meeting Minutes March 2026
Ashtabula County Airport Authority Special Board Meeting Minutes March 2026
Ashtabula County Airport Authority Special Board Meeting Minutes March 2026
Get alerts on contract renewals, new awards, and vendor activity.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.